2861 Floweva St, 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 | |
|---|---|---|---|---|
| 2849 Floweva St | Single Family | 1,399 | B |
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| 1910 Laura Ln | Multi-family - less than 10 units | 1,606 | B |
|
| 2862 Apalachee Rd | Single Family | 1,396 | B |
|
| 2850 Apalachee Rd | Single Family | 1,616 | B |
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| 2876 Apalachee Rd | Single Family | 1,920 | B |
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| 2837 Floweva St | Single Family | 1,195 | B |
|
| 2878 Floweva St | Multi-family - less than 10 units | 1,492 | B |
|
| 2838 Apalachee Rd | Single Family | 1,070 | B |
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| 1936 Laura Ln | Multi-family - less than 10 units | 1,606 | B |
|
| 2844 Floweva St | Single Family | 1,639 | B |
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| 2825 Floweva St | Single Family | 1,266 | B |
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| 2826 Apalachee Rd | Single Family | 1,694 | B |
|
| 1917 Laura Ln | Multi-family - less than 10 units | 1,736 | B |
|
| 1901 Laura Ln | Multi-family - less than 10 units | 2,436 | B |
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| 2830 Floweva St | Multi-family - less than 10 units | 1,606 | B |
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| 2903 Laura Ln | Multi-family - less than 10 units | 1,604 | B |
|
| 2859 Dolphin Cir | Single Family | 1,814 | B |
|
| 1964 Laura Ln | Multi-family - less than 10 units | 1,690 | B |
|
| 2813 Floweva St | Single Family | 1,125 | B |
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| 2906 Apalachee Rd | Single Family | 1,366 | B |
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| 2845 Dolphin Cir | Single Family | 1,648 | B |
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| 2814 Apalachee Rd | Single Family | 1,391 | B |
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| 2889 Apalachee Rd | Multi-family - less than 10 units | 1,756 | B |
|
| 2877 Apalachee Rd | Single Family | 1,248 | B |
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| 2903 Apalachee Rd | Single Family | 1,769 | B |
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| 2829 Dolphin Cir | Single Family | 1,836 | B |
|
| 2852 Floweva St | Multi-family - less than 10 units | 1,081 | B |
|
| 2801 Floweva St | Single Family | 1,317 | B |
|
| 2904 Laura Ln | Multi-family - less than 10 units | 1,613 | B |
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| 2802 Apalachee Rd | Single Family | 1,302 | B |
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| 2905 Apalachee Rd | Single Family | 1,085 | B |
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| 1858 Muskogee Rd | Single Family | 858 | B |
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| 1957 Dolphin Cir | Multi-family - less than 10 units | 1,736 | B |
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| 2907 Apalachee Rd | Multi-family - less than 10 units | 1,728 | B |
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| 2789 Floweva St | Single Family | 1,313 | B |
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| 2809 Apalachee Rd | Single Family | 1,724 | B |
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| 2790 Apalachee Rd | Single Family | 1,308 | B |
|
| 2868 Dolphin Cir | Single Family | 2,298 | B |
|
| 1967 Laura Ln | Single Family | 1,230 | B |
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| 2856 Dolphin Cir | Single Family | 1,706 | B |
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| 2890 Seminole Rd | Single Family | 1,054 | B |
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| 2846 Seminole Rd | Multi-family - less than 10 units | 1,742 | B |
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| 2880 Dolphin Cir | Single Family | 1,395 | B |
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| 2844 Dolphin Cir | Single Family | 1,316 | B |
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| 2892 Seminole Rd | Single Family | 1,612 | B |
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| 2890 Dolphin Cir | Single Family | 1,384 | B |
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| 2947 Apalachee Rd | Multi-family - less than 10 units | 1,671 | B |
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| 2832 Dolphin Cir | Single Family | 1,461 | B |
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| 2840 Seminole Rd | Multi-family - less than 10 units | 1,457 | B |
|
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 55 of all properties in this area. This suggests it would appeal to someone earning around $49,931 per year who should qualify for a mortgage between $99,862 and $124,828.
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 55 of all properties in this area. This corresponds to a rent of $1,077 per month and a monthly household income of $2,950 ($35,400 per year)
Nearby Companies
2880 Dolphin Cir
2829 Seminole Rd
2850 Apalachee Rd
2813 Apalachee Rd
2809 Apalachee Rd
2829 Dolphin Cir
2829 Dolphin Cir
2829 Dolphin Cir
2844 Floweva St
2844 Floweva St
2840 Seminole Rd
2825 Floweva St
2814 Apalachee Rd
2784 Floweva St