1618 S Federal Hwy, 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 | |
|---|---|---|---|---|
| 210 17th Ave S | Single Family | 3,301 | B |
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| 1625 S Federal Hwy | Multi-family - less than 10 units | 1,806 | B |
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| 1715 S Federal Hwy Unit 6 | Condominium | 1,031 | B |
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| 1715 S Federal Hwy Unit 5 | Condominium | 969 | B |
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| 1715 S Federal Hwy Unit 4 | Condominium | 970 | B |
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| 1715 S Federal Hwy Unit 3 | Condominium | 970 | B |
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| 1715 S Federal Hwy Unit 2 | Condominium | 969 | B |
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| 1715 S Federal Hwy Unit 1 | Condominium | 1,031 | B |
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| 1700 S Federal Hwy | Hotel or motel | 0 | L | |
| 219 17th Ave S | Single Family | 3,934 | B |
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| 1625 S Palmway | Single Family | 1,551 | B |
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| 1623 S Palmway | Single Family | 2,537 | B |
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| 310 17th Ave S | Vacant Commercial | 0 | L | |
| 1516 S Lakeside Dr Apt 404 | Vacant Residential | 0 | L | |
| 1619 S Federal Hwy | Store, one story | 536 | B |
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| 1703 S Palmway | Single Family | 1,429 | B |
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| 1615 S Federal Hwy | Multi-family - less than 10 units | 2,046 | B |
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| 212 18th Ave S | Single Family | 1,976 | B |
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| 1615 S Palmway | Multi-family - less than 10 units | 2,272 | B |
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| 1609 S Federal Hwy | Multi-family - less than 10 units | 4,704 | B |
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| 1616 S Federal Hwy | Condominium | 1,189 | B |
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| 1731 S Palmway | Single Family | 1,640 | B |
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| 1600 S Federal Hwy | Vacant Commercial | 0 | L | |
| 1622 S N St | Vacant Residential | 0 | L | |
| 110 17th Ave S | Single Family | 1,392 | B |
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| 1605 S Palmway | Single Family | 1,355 | B |
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| 113 17th Ave S | Single Family | 1,565 | B |
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| 1601 S Federal Hwy | Hotel or motel | 3,667 | B |
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| 1616 S N St | Multi-family - less than 10 units | 1,159 | B |
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| 1630 S Dixie Hwy | Store, one story | 12,927 | B |
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| 1624 S Palmway | Single Family | 1,839 | B |
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| 215 18th Ave S | Multi-family - less than 10 units | 2,525 | B |
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| 1601 S Palmway | Single Family | 1,907 | B |
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| 1608 S N St | Single Family | 1,042 | B |
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| 1712 S Dixie Hwy | Office building, non-professional service building, multi-story | 5,123 | B |
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| 1629 S Lakeside Dr | Single Family | 3,796 | B |
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| 211 18th Ave S | Single Family | 2,104 | B |
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| 1618 S Palmway | Single Family | 1,618 | B |
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| 109 17th Ave S | Single Family | 1,242 | B |
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| 1712 S Palmway | Single Family | 1,060 | B |
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| 1614 S Palmway | Vacant Residential | 0 | L | |
| 205 18th Ave S | Single Family | 1,899 | B |
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| 1800 S Dixie Hwy | Store, one story | 4,188 | B |
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| 896 N Federal Hwy | Condominium | 1,025 | B |
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| 1610 S Palmway | Single Family | 3,390 | B |
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| 1705 S Lakeside Dr | Single Family | 1,826 | B |
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| 1529 S Palmway | Single Family | 2,864 | B |
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| 1702 S Dixie Hwy Unit 20 | Condominium | 1,011 | B |
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| 1702 S Dixie Hwy Unit 7 | Condominium | 1,013 | B |
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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.
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%.
Nearby Companies
1702 South Dixie Hwy
1702 S Dixie Hwy
1731 S Palmway
1712 S Palmway
113 17th Ave S
113 17th Ave S
94 17th Ave South
1609 S Federal Hwy
1605 S Palmway
896 N Federal Hwy
1712 S Dixie Hwy