156 Caravelle Dr, Jupiter
Palm Beach County Real Estate - Jupiter
Jupiter is in South East Florida. It's population as recorded in the 2010 Census was 55,156.
The median age for residents of Jupiter is 44.7. Around 26% of Jupiter households include school aged children and 32.5% of households include individuals aged 65 years or over. Census records indicate 90.6% of the Jupiter population are White, 1.5% are Black or African American, .5% American Indian, 2% Asian and 1.7% are Two or more Races.
There are 29,825 housing units in Jupiter. 5,905 (19.7%) of these were reported as vacant in the 2010 Census. Jupiter is a tourist destination, 68.3% (4,035) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,702 residential rental units in Jupiter. 6,001 of them were occupied in 2010 providing a residential rental vacancy rate of 9.8%.
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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 | |
---|---|---|---|---|
152 Caravelle Dr | Single Family | 2,283 | B | |
160 Caravelle Dr | Single Family | 2,261 | B | |
148 Caravelle Dr | Single Family | 2,283 | B | |
144 Caravelle Dr | Single Family | 2,283 | B | |
140 Caravelle Dr | Single Family | 2,283 | B | |
3277 E Community Dr | Single Family | 1,864 | B | |
3285 E Community Dr | Single Family | 1,864 | B | |
3269 E Community Dr | Single Family | 2,664 | B | |
3293 E Community Dr | Single Family | 1,864 | B | |
3301 E Community Dr | Single Family | 1,864 | B | |
136 Caravelle Dr | Single Family | 2,283 | B | |
3261 E Community Dr | Single Family | 2,748 | B | |
3309 E Community Dr | Single Family | 1,864 | B | |
132 Caravelle Dr | Single Family | 2,283 | B | |
155 Soriano Dr | Single Family | 2,283 | B | |
3317 E Community Dr | Single Family | 1,864 | B | |
151 Soriano Dr | Single Family | 2,283 | B | |
159 Soriano Dr | Single Family | 2,283 | B | |
147 Soriano Dr | Single Family | 2,283 | B | |
3325 E Community Dr | Single Family | 1,864 | B | |
143 Soriano Dr | Single Family | 2,261 | B | |
128 Caravelle Dr | Single Family | 2,261 | B | |
153 Caravelle Dr | Single Family | 2,283 | B | |
149 Caravelle Dr | Single Family | 2,261 | B | |
3255 E Community Dr | Single Family | 2,664 | B | |
157 Caravelle Dr | Single Family | 2,283 | B | |
139 Soriano Dr | Single Family | 2,261 | B | |
145 Caravelle Dr | Single Family | 2,261 | B | |
3333 E Community Dr | Single Family | 1,864 | B | |
141 Caravelle Dr | Single Family | 2,283 | B | |
135 Soriano Dr | Single Family | 2,283 | B | |
124 Caravelle Dr | Single Family | 2,261 | B | |
3247 E Community Dr | Single Family | 2,664 | B | |
137 Caravelle Dr | Single Family | 2,283 | B | |
3341 E Community Dr | Single Family | 2,748 | B | |
131 Soriano Dr | Single Family | 2,283 | B | |
3239 E Community Dr | Single Family | 1,864 | B | |
120 Caravelle Dr | Single Family | 2,283 | B | |
3349 E Community Dr | Single Family | 2,664 | B | |
127 Soriano Dr | Single Family | 2,261 | B | |
3231 E Community Dr | Single Family | 1,864 | B | |
116 Caravelle Dr | Single Family | 2,283 | B | |
123 Soriano Dr | Single Family | 2,261 | B | |
3223 E Community Dr | Single Family | 1,864 | B | |
119 Soriano Dr | Single Family | 2,283 | B | |
112 Caravelle Dr | Single Family | 2,261 | B | |
3215 E Community Dr | Single Family | 1,864 | 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 60 of all properties in this area. This suggests it would appeal to someone earning around $104,854 per year who should qualify for a mortgage between $209,708 and $262,135.
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 60 of all properties in this area. This corresponds to a rent of $1,406 per month and a monthly household income of $4,389 ($52,668 per year)
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