512 Se 1st St, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 508 Se 1st St | Single Family | 908 | B |
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| 518 Se 1st St | Single Family | 1,188 | B |
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| 203 Se 5th Ave | Multi-family - less than 10 units | 1,545 | B |
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| 204 Se 4th Ave | Multi-family - less than 10 units | 1,710 | B |
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| 210 Se 4th Ave | Multi-family - less than 10 units | 2,359 | B |
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| 141 Se 5th Ave | Single Family | 970 | B |
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| 146 Se 4th Ave | Single Family | 896 | B |
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| 214 Se 4th Ave | Single Family | 514 | B |
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| 218 Se 4th Ave | Single Family | 829 | B |
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| 142 Se 4th Ave | Single Family | 1,394 | B |
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| 221 Se 5th Ave | Multi-family - less than 10 units | 1,955 | B |
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| 137 Se 5th Ave | Single Family | 1,163 | B |
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| 202 Se 5th Ave | Single Family | 1,818 | B |
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| 206 Se 5th Ave | Single Family | 1,505 | B |
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| 222 Se 4th Ave | Single Family | 824 | B |
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| 136 Se 4th Ave | Single Family | 1,007 | B |
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| 135 Se 5th Ave | Single Family | 1,015 | B |
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| 146 Se 5th Ave | Single Family | 1,718 | B |
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| 203 Se 4th Ave | Multi-family - less than 10 units | 1,340 | B |
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| 145 Se 4th Ave | Single Family | 872 | B |
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| 207 Se 4th Ave | Multi-family - less than 10 units | 1,310 | B |
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| 226 Se 4th Ave | Single Family | 860 | B |
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| 211 Se 4th Ave | Multi-family - less than 10 units | 1,295 | B |
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| 140 Se 5th Ave | Single Family | 1,300 | B |
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| 131 Se 5th Ave | Single Family | 1,290 | B |
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| 222 Se 5th Ave | Multi-family - 10 units or more | 15,892 | B |
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| 132 Se 4th Ave | Single Family | 1,643 | B |
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| 219 Se 4th Ave | Single Family | 854 | B |
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| 225 Se 5th Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,600 | B |
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| 413 Se 1st St | Single Family | 993 | B |
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| 141 Se 4th Ave | Single Family | 1,304 | B |
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| 230 Se 4th Ave | Single Family | 859 | B |
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| 221 Se 4th Ave | Single Family | 854 | B |
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| 125 Se 5th Ave | Single Family | 920 | B |
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| 616 Se 1st St | Single Family | 1,215 | B |
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| 139 Se 4th Ave | Single Family | 1,925 | B |
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| 128 Se 4th Ave | Single Family | 1,134 | B |
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| 130 Se 5th Ave | Single Family | 1,337 | B |
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| 225 Se 4th Ave | Single Family | 848 | B |
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| 617 Se 1st St | Single Family | 2,121 | B |
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| 234 Se 4th Ave | Single Family | 1,418 | B |
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| 402 Se 1st St | Single Family | 835 | B |
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| 206 Se 3rd Ave | Single Family | 823 | B |
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| 131 Se 4th Ave | Single Family | 1,350 | B |
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| 121 Se 5th Ave | Single Family | 920 | B |
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| 405 Se 1st St | Single Family | 2,742 | B |
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| 210 Se 3rd Ave | Multi-family - 10 units or more | 7,204 | B |
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| 209 Se 6th Ave | Mixed use - store and office or store and residential or residential combination | 3,288 | B |
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| 126 Se 5th Ave | Single Family | 1,282 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 29 of all properties in this area. This suggests it would appeal to someone earning around $42,308 per year who should qualify for a mortgage between $84,616 and $105,770.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 29 of all properties in this area. This corresponds to a rent of $1,055 per month and a monthly household income of $3,354 ($40,248 per year)
Nearby Companies
212 Se 3rd Ave
130 Se 5th Ave
221 Se 6th Ave
221 Se 6th Ave
202 Southeast 5th Ave
225 Se 5th Ave
225 Se 5th Ave
225 Se 5th Ave
225 Se 5th Ave
139 Se 4th Ave