1514 West Rd, 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 | |
|---|---|---|---|---|
| 1508 West Rd | Single Family | 1,589 | B |
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| 1520 West Rd | Single Family | 1,326 | B |
|
| 1525 Prosperity Farms Rd | Insurance company office | 2,100 | B |
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| 1511 Prosperity Farms Rd | Office building, non-professional service building, one story | 3,996 | B |
|
| 1525 Prosperity Farms Rd # A | Vacant Commercial | 0 | L | |
| 1526 West Rd | Single Family | 1,678 | B |
|
| 1509 West Rd | Single Family | 1,677 | B |
|
| 1502 West Rd | Single Family | 1,337 | B |
|
| 1503 West Rd | Single Family | 1,796 | B |
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| 927 Northern Dr | Single Family | 1,691 | B |
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| 1535 Prosperity Farms Rd | Professional service building | 2,560 | B |
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| 1532 West Rd | Single Family | 1,527 | B |
|
| 926 Orange Dr | Single Family | 1,988 | B |
|
| 1509 Prosperity Farms Rd | Professional service building | 3,977 | B |
|
| 921 Northern Dr | Single Family | 1,645 | B |
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| 1541 Prosperity Farms Rd | Professional service building | 2,584 | B |
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| 1601 West Rd | Single Family | 2,612 | B |
|
| 920 Orange Dr | Single Family | 1,819 | B |
|
| 1538 West Rd | Single Family | 1,730 | B |
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| 1401 10th St | Service station | 1,798 | B |
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| 926 Northern Dr | Single Family | 1,215 | B |
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| 920 Northern Dr | Single Family | 1,772 | B |
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| 915 Northern Dr | Single Family | 2,469 | B |
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| 912 Northern Dr | Single Family | 2,033 | B |
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| 1409 10th St | Department Store | 21,395 | B |
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| 1607 West Rd | Single Family | 2,042 | B |
|
| 1420 9th St | Single Family | 1,105 | B |
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| 914 Orange Dr | Single Family | 1,696 | B |
|
| 1547 Prosperity Farms Rd | Private school or college | 2,120 | B |
|
| 1544 West Rd | Single Family | 1,415 | B |
|
| 909 Northern Dr | Single Family | 1,673 | B |
|
| 939 Magnolia Dr | Multi-family - 10 units or more | 26,528 | B |
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| 935 Orange Dr | Single Family | 1,759 | B |
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| 1615 West Rd | Single Family | 1,685 | B |
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| 927 Magnolia Dr | Single Family | 1,384 | B |
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| 919 Magnolia Dr | Single Family | 1,350 | B |
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| 908 Orange Dr | Single Family | 2,118 | B |
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| 903 Northern Dr | Single Family | 1,367 | 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 21 of all properties in this area. This suggests it would appeal to someone earning around $40,995 per year who should qualify for a mortgage between $81,990 and $102,488.
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 21 of all properties in this area. This corresponds to a rent of $949 per month and a monthly household income of $3,013 ($36,156 per year)
Nearby Companies
5 Horn Holdings
1601 West Rd
1601 West Rd
926 Orange Dr
915/917 Foresteria Dr
C/O Capital Realty Advisors Inc
C/O Capital Realty Advisors Inc
C/O Capital Realty Advisors Inc
C/O Capital Realty Advisors Inc
% Sammie Thomas Jr
1433 10th St
1429 10th St
1434 10 Street
1432 10 Street
1427 10th St
1427 10th St
1428 10th St
1428 10th St
1421 10th St
1419 10th St
1419 10th St
1419 10th St
1401 10th St
1535 Prosperity Farms Rd
1535 Prosperity Farms Rd
1541 Prosperity Farms Rd
1541 Prosperity Farms Rd
1402 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
1404 10th St
927 Northern Dr
1422 10th St
1511 Prosperity Farms Rd
1511 Prosperity Farms Rd