115 N O St, Lake Worth
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth 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 | |
|---|---|---|---|---|
| 113 N O St | Multi-family - less than 10 units | 2,032 | B |
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| 117 N O St | Single Family | 1,006 | B |
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| 105 N O St | Single Family | 2,160 | B |
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| 123 N O St | Multi-family - less than 10 units | 1,946 | B |
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| 302 Lucerne Ave | Store, one story | 2,895 | B |
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| 125 N O St | Single Family | 791 | B |
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| 120 N Federal Hwy | Mixed use - store and office or store and residential or residential combination | 31,734 | B |
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| 114 N O St | Multi-family - less than 10 units | 1,823 | B |
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| 120 N O St | Multi-family - less than 10 units | 2,277 | B |
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| 112 N O St | Vacant Residential | 0 | L | |
| 102 N Federal Hwy | Service station | 1,113 | B |
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| 131 N O St | Single Family | 1,102 | B |
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| 124 N O St | Single Family | 1,488 | B |
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| 106 N O St | Miscellaneous Residential (migrant camp or boarding home.) | 3,420 | B |
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| 128 N O St | Single Family | 1,287 | B |
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| 309 Lucerne Ave | Multi-family - less than 10 units | 4,560 | B |
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| 130 N O St | Single Family | 648 | B |
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| 9 N O St | Office building, non-professional service building, one story | 1,245 | B |
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| 205 N O St | Multi-family - less than 10 units | 3,581 | B |
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| 202 N Federal Hwy | Office building, non-professional service building, one story | 5,411 | B |
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| 119 N Palmway | Multi-family - less than 10 units | 2,893 | B |
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| 109 N Palmway | Multi-family - less than 10 units | 1,764 | B |
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| 117 N Federal Hwy | Store, one story | 4,270 | B |
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| 123 N Palmway | Multi-family - less than 10 units | 3,025 | B |
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| 214 2nd Ave N | Single Family | 1,080 | B |
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| 202 Lucerne Ave | Multi-family - 10 units or more | 9,284 | B |
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| 101 N Federal Hwy | Supermarket | 2,152 | B |
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| 127 N Palmway | Multi-family - less than 10 units | 2,232 | B |
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| 127 N Federal Hwy | Store, one story | 2,412 | B |
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| 206 N Federal Hwy | Single Family | 1,575 | B |
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| 209 2nd Ave N | Single Family | 952 | B |
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| 129 N Federal Hwy | Mixed use - store and office or store and residential or residential combination | 6,255 | B |
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| 206 N O St | Single Family | 1,255 | B |
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| 211 N O St | Multi-family - less than 10 units | 1,648 | B |
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| 216 N Federal Hwy | Condominium | 600 | B |
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| 228 N Federal Hwy | Condominium | 600 | B |
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| 222 N Federal Hwy | Condominium | 600 | B |
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| 14 N Federal Hwy | Financial institution (bank, saving and loan company, mortgage company, credit services) | 3,940 | B |
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| 200 Lake Ave | Financial institution (bank, saving and loan company, mortgage company, credit services) | 11,899 | B |
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| 220 Lucerne Ave | Condominium | 512 | B |
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| 208 N O St | Single Family | 1,444 | B |
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| 201 N Palmway | Single Family | 1,775 | B |
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| 115 N Palmway | Condominium | 1,318 | B |
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| 201 N Federal Hwy | Mixed use - store and office or store and residential or residential combination | 6,931 | B |
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| 217 N O St | Single Family | 1,165 | B |
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| 207 N Palmway | Single Family | 920 | B |
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| 216 N O St | Single Family | 1,250 | B |
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| 412 Lucerne Ave | Financial institution (bank, saving and loan company, mortgage company, credit services) | 3,500 | A |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 42 of all properties in this area. This suggests it would appeal to someone earning around $49,822 per year who should qualify for a mortgage between $99,644 and $124,555.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 42 of all properties in this area. This corresponds to a rent of $984 per month and a monthly household income of $2,569 ($30,828 per year)
Nearby Companies
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302 Lucerne Ave
120 N Federal Hwy
120 N Federal Hwy
120 N Federal Hwy
120 N Federal Hwy
127 N Federal Hwy
129 N Federal Hwy
129 N Federal Hwy
129 N Federal Hwy
415 Second Ave North
205 North Federal Hwy
211 N Federal Hwy
211 N Federal Hwy
211 N Federal Hwy
102 North Federal Hwy
120 North Federal Hwy
120 N Federal Hwy Ste 306
120 N Federal Hwy #301
309 Lucerne Ave
304 Lucerne Ave
308 Lucerne Ave
306 Lucerne Ave
224 North O St
214 2nd Ave N
220 Lucerne Ave
119 North Palmway
115 North Palmway
100 North Palmway
309 Lake Ave
309 Lake Ave
309 Lake Ave
307 Lake Ave
15 N O St
200 Lake Ave
200 Lake Ave