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:

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

AddressTypeSq FtClass 
110 S Lake Dr Single Family 2,446 B
114 S Lake Dr Single Family 2,709 B
300 E Ocean Ave Restaurant, cafeteria 10,179 B
301 E Ocean Ave Unit Rcu-2 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-1 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-3 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-4 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-5 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-6 Mixed use - store and office or store and residential or residential combination 0 L
301 E Ocean Ave Unit Rcu-7 Mixed use - store and office or store and residential or residential combination 0 L
305 E Ocean Ave Unit Th-1 Condominium 2,260 B
305 E Ocean Ave Unit Th-2 Condominium 2,362 B
305 E Ocean Ave Unit Th-3 Condominium 2,303 B
305 E Ocean Ave Unit Th-4 Condominium 2,362 B
305 E Ocean Ave Unit Th-5 Condominium 2,335 B
305 E Ocean Ave Unit Th-6 Condominium 2,362 B
305 E Ocean Ave Unit Th-7 Condominium 2,260 B
N Lake Dr Condominium 1,708 B
302 E Ocean Ave Forest, park or recreational area 360 B
122 S Lake Dr Single Family 2,457 B
228 E Ocean Ave Mixed use - store and office or store and residential or residential combination 3,863 B
126 S Lake Dr Single Family 3,379 B
220 E Ocean Ave Multi-family - less than 10 units 3,385 B
E Ocean Ave Restaurant, cafeteria 0 L
237 E Ocean Ave Mixed use - store and office or store and residential or residential combination 1,740 B
309 E Ocean Ave Unit 204 Condominium 2,340 B
309 E Ocean Ave Unit 203 Condominium 2,317 B
309 E Ocean Ave Unit 202 Condominium 2,125 B
309 E Ocean Ave Unit 201 Condominium 2,135 B
309 E Ocean Ave Unit 106 Condominium 2,242 B
309 E Ocean Ave Unit 105 Condominium 2,125 B
309 E Ocean Ave Unit 104 Condominium 2,340 B
309 E Ocean Ave Unit 103 Condominium 2,317 B
309 E Ocean Ave Unit 102 Condominium 2,125 B
309 E Ocean Ave Unit 101 Condominium 2,135 B
309 E Ocean Ave Unit 205 Condominium 2,125 B
309 E Ocean Ave Unit 206 Condominium 2,242 B
309 E Ocean Ave Unit 301 Condominium 2,135 B
309 E Ocean Ave Unit 302 Condominium 2,125 B
309 E Ocean Ave Unit 303 Condominium 2,317 B
309 E Ocean Ave Unit 305 Condominium 2,125 B
309 E Ocean Ave Unit 306 Condominium 2,242 B
309 E Ocean Ave Unit 304 Condominium 2,340 B
130 S Lake Dr Single Family 3,000 B
212 E Ocean Ave Mixed use - store and office or store and residential or residential combination 2,514 B

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 96 of all properties in this area. This suggests it would appeal to someone earning around $280,501 per year who should qualify for a mortgage between $561,002 and $701,253.

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 96 of all properties in this area. This corresponds to a rent of $2,093 per month and a monthly household income of $5,219 ($62,628 per year)

Nearby Companies

301 Ocean, LLC
301 E Ocean Ave
301-5 E Ocean Ave LLC
301 E Ocean Ave
200 Mcnab, LLC
300 East Ocean Ave
Anatnal Too, LLC
300 East Ocean Ave
Wayclem Cordero, LLC
300 East Ocean Ave
301 Ovp, LLC
300 East Ocean Ave
Key Lime Boat, LLC
300 East Ocean Ave
222 E. Ocean Ave, LLC
300 East Ocean Ave
506nbroadway L.L.C.
300 East Ocean Ave
201 E. Palm, LLC
300 East Ocean Ave
Anatnal 3, LLC
300 East Ocean Ave
Mariner Cay Villas, LLC
309 E Ocean Ave
Mariner Cay Properties, LLC
309 E Ocean Ave
Sun Coast Villas, LLC
309 E Ocean Ave
Cetona Properties, LLC
309 E Ocean Ave
Scotia Villas, LLC
309 E Ocean Ave
Quantum Villas, LLC
309 E Ocean Ave
401 6th Ave. LLC
309 E Ocean Ave
707 North L Street, LLC
309 E Ocean Ave
401 S L Street, LLC
309 E Ocean Ave
209 S Lake Drive LLC
309 E Ocean Ave
126 South D Street LLC
309 E Ocean Ave
Kurki Association Inc
309 E Ocean Ave
Maryelle Reese Hair Inc.
309 E Ocean Ave
Head Turning Design, LLC
309 East Ocean Ave
405 W Pine Street, LLC
309 East Ocean Ave
329 S L Street LLC
309 East Ocean Ave
431 Sw 1st Ave, LLC
309 East Ocean Ave
323 S E Street LLC
309 East Ocean Ave
817 S L Street LLC
309 East Ocean Ave
Carroll-Baccari, Inc.
309 East Ocean Ave
Milestone Consulting Services, LLC
309 E Ocean Ave Unit 202
Lee Brothers Cafe, LLC
310 East Ocean Ave
Bar Jack'S Fish Tales, LLC
312 East Ocean Ave
W. C. Management Corp.
300 E Ocean Ave
Anatnal, Inc.
300 E Ocean Ave
H. T. Rowekal, LLC
300 E Ocean Ave
100 Sunny View Lane LLC
300 E Ocean Ave
Vacay-N-Stay LLC
300 E Ocean Ave
Wayne Enterprises Pb LLC
300 E Ocean Ave
Emilyek, Inc.
300 E Ocean Ave
Stunt Juice Industries LLC
2181 Dobbs Rd (Suite 1-2)
Eve Jolie Salon, Inc
301 East Ocean Ave
Elder Law, P.A.
301 East Ocean Ave
Sushi-Bon Express, Inc.
304 E Ocean Ave
Disclaimers and Disclosures

Public Records Data

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