259 Tam O Shanter Dr, Palm Springs
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 | |
|---|---|---|---|---|
| 253 Tam O Shanter Dr | Single Family | 1,637 | B |
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| 261 Tam O Shanter Dr | Single Family | 1,738 | B |
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| 260 Davis Rd | Single Family | 1,289 | B |
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| 256 Davis Rd | Single Family | 1,489 | B |
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| 264 Davis Rd | Single Family | 1,605 | B |
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| 249 Tam O Shanter Dr | Single Family | 1,464 | B |
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| 256 Tam O Shanter Dr | Single Family | 1,706 | B |
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| 252 Davis Rd | Single Family | 1,407 | B |
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| 252 Tam O Shanter Dr | Single Family | 1,540 | B |
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| 260 Tam O Shanter Dr | Single Family | 1,784 | B |
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| 245 Tam O Shanter Dr | Single Family | 1,622 | B |
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| 248 Tam O Shanter Dr | Single Family | 1,970 | B |
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| 248 Davis Rd | Single Family | 1,296 | B |
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| 260 Greenbrier Dr | Single Family | 1,501 | B |
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| 256 Greenbrier Dr | Single Family | 1,565 | B |
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| 264 Greenbrier Dr | Single Family | 1,573 | B |
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| 244 Tam O Shanter Dr | Single Family | 1,814 | B |
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| 241 Tam O Shanter Dr | Single Family | 2,176 | B |
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| 252 Greenbrier Dr | Single Family | 1,206 | B |
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| 261 Davis Rd | Single Family | 1,282 | B |
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| 301 Greenbrier Dr | Single Family | 1,443 | B |
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| 257 Davis Rd | Single Family | 2,219 | B |
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| 244 Davis Rd | Single Family | 1,312 | B |
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| 253 Davis Rd | Single Family | 1,202 | B |
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| 248 Greenbrier Dr | Single Family | 1,857 | B |
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| 304 Davis Rd | Single Family | 1,466 | B |
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| 240 Tam O Shanter Dr | Single Family | 1,479 | B |
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| 237 Tam O Shanter Dr | Single Family | 1,566 | B |
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| 240 Davis Rd | Single Family | 1,508 | B |
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| 249 Davis Rd | Single Family | 1,058 | B |
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| 300 Greenbrier Dr | Single Family | 1,234 | B |
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| 305 Greenbrier Dr | Single Family | 1,733 | B |
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| 236 Tam O Shanter Dr | Single Family | 1,463 | B |
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| 308 Davis Rd | Single Family | 1,868 | B |
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| 312 Cavalier Rd | Single Family | 1,936 | B |
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| 308 Cavalier Rd | Single Family | 1,891 | B |
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| 245 Davis Rd | Single Family | 1,279 | B |
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| 233 Tam O Shanter Dr | Single Family | 1,431 | B |
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| 325 Emerson Cir | Single Family | 1,370 | B |
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| 321 Emerson Cir | Single Family | 1,261 | B |
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| 329 Emerson Cir | Single Family | 1,532 | B |
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| 304 Greenbrier Dr | Single Family | 1,108 | B |
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| 236 Davis Rd | Single Family | 1,415 | B |
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| 305 Davis Rd | Single Family | 1,089 | B |
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| 333 Emerson Cir | Single Family | 2,158 | B |
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| 309 Greenbrier Dr | Single Family | 1,467 | B |
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Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 72 of all properties in this area. This suggests it would appeal to someone earning around $69,182 per year who should qualify for a mortgage between $138,364 and $172,955.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 72 of all properties in this area. This corresponds to a rent of $1,197 per month and a monthly household income of $3,275 ($39,300 per year)
Nearby Companies
252 Greenbrier Dr
256 Tam O Shanter Dr
240 Davis Rd
248 Davis Rd