815 Bayberry Dr, Lake Park
Palm Beach County Real Estate - North Palm Beach
North Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 12,015. North Palm Beach is approximately 68 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).
The median age for residents of North Palm Beach is 51.8. Around 16.5% of North Palm Beach households include school aged children and 41.9% of households include individuals aged 65 years or over. Census records indicate 93.3% of the North Palm Beach population are White, 2.6% are Black or African American, 0% American Indian, 1.6% Asian and 1.3% are Two or more Races.
There are 7,710 housing units in North Palm Beach. 1,617 (20.9%) of these were reported as vacant in the 2010 Census. North Palm Beach is a tourist destination, 62.7% (1,014) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,826 residential rental units in North Palm Beach. 1,596 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
North Palm Beach links:
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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 | |
|---|---|---|---|---|
| 823 Bayberry Dr | Single Family | 790 | B |
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| 811 Bayberry Dr | Single Family | 944 | C |
|
| 829 Bayberry Dr | Single Family | 1,663 | B |
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| 805 Bayberry Dr | Multi-family - less than 10 units | 8,202 | B |
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| 814 Cypress Dr | Multi-family - less than 10 units | 6,739 | B |
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| 820 Cypress Dr | Single Family | 1,803 | B |
|
| 826 Cypress Dr | Multi-family - less than 10 units | 1,807 | B |
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| 808 Cypress Dr | Multi-family - less than 10 units | 1,725 | B |
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| 818 Bayberry Dr | Multi-family - less than 10 units | 2,246 | B |
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| 824 Bayberry Dr | Multi-family - less than 10 units | 2,332 | B |
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| 835 Bayberry Dr | Multi-family - 10 units or more | 10,564 | B |
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| 832 Cypress Dr | Multi-family - less than 10 units | 2,481 | B |
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| 830 Bayberry Dr | Multi-family - less than 10 units | 1,430 | C |
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| 105 8th St | Sanitarium or convalescent rest home | 1,352 | B |
|
| 836 Bayberry Dr | Single Family | 1,755 | B |
|
| 838 Cypress Dr | Multi-family - less than 10 units | 2,370 | B |
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| 207 8th St | Multi-family - less than 10 units | 3,901 | B |
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| 844 Bayberry Dr | Single Family | 991 | B |
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| 839 Bayberry Dr | Multi-family - less than 10 units | 2,558 | B |
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| 217 8th St | Multi-family - less than 10 units | 3,901 | B |
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| 821 Silver Beach Rd | Multi-family - less than 10 units | 5,276 | B |
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| 840 Cypress Dr | Multi-family - less than 10 units | 1,797 | B |
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| 823 Silver Beach Rd | Vacant Residential | 0 | L | |
| 817 Cypress Dr | Multi-family - less than 10 units | 1,883 | B |
|
| 807 Cypress Dr | Multi-family - less than 10 units | 1,664 | C |
|
| 815 Silver Beach Rd | Single Family | 1,444 | B |
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| 306 8th St | Multi-family - less than 10 units | 5,065 | B |
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| 741 Bayberry Dr | Multi-family - less than 10 units | 1,639 | B |
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| 829 Silver Beach Rd | Multi-family - less than 10 units | 3,186 | B |
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| 104 8th St | Multi-family - less than 10 units | 1,521 | B |
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| 744 Cypress Dr | Single Family | 1,599 | B |
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| 101 10th St | Private school or college | 4,588 | B |
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| 852 Cypress Dr | Multi-family - less than 10 units | 2,314 | B |
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| 825 Cypress Dr | Multi-family - 10 units or more | 26,994 | B |
|
| 750 Bayberry Dr | Sanitarium or convalescent rest home | 21,384 | B |
|
| 215 10th St | Condominium | 900 | B |
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| 217 10th St | Condominium | 900 | B |
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| 213 10th St | Condominium | 900 | B |
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| 209 10th St | Condominium | 900 | B |
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| 207 10th St | Condominium | 900 | B |
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| 205 10th St | Condominium | 900 | B |
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| 203 10th St | Condominium | 900 | B |
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| 201 10th St | Condominium | 900 | B |
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| 211 10th St | Condominium | 900 | B |
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| 731 Bayberry Dr | Multi-family - less than 10 units | 2,845 | B |
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| 733 Cypress Dr | Multi-family - less than 10 units | 3,368 | B |
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| 233 10th St | Condominium | 900 | B |
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| 231 10th St | Condominium | 900 | B |
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| 221 10th St | Condominium | 900 | B |
|
Local Household Income
The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.
The tax assessed value of this property places it in percentile 9 of all properties in this area. This suggests it would appeal to someone earning around $22,547 per year who should qualify for a mortgage between $45,094 and $56,368.
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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 9 of all properties in this area. This corresponds to a rent of $775 per month and a monthly household income of $2,457 ($29,484 per year)
Nearby Companies
210 10th St
220 10th St
220 - 10th St
235 10th St
840 Cypress Dr
219 8th St
219 8th St
101 10th St