726 Lake Osborne Ter, 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%.
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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 | |
---|---|---|---|---|
720 Lake Osborne Ter | Single Family | 1,542 | B | |
732 Lake Osborne Ter | Single Family | 2,739 | B | |
737 Sunset Dr | Single Family | 1,432 | B | |
731 Sunset Dr | Single Family | 2,304 | B | |
714 Lake Osborne Ter | Single Family | 1,434 | B | |
743 Sunset Dr | Single Family | 2,153 | B | |
2118 Collier Ave | Single Family | 2,093 | B | |
2112 Collier Ave | Single Family | 1,561 | B | |
725 Lake Osborne Ter | Single Family | 2,211 | B | |
719 Lake Osborne Ter | Single Family | 2,341 | B | |
725 Sunset Dr | Single Family | 1,847 | B | |
731 Lake Osborne Ter | Single Family | 1,609 | B | |
708 Lake Osborne Ter | Single Family | 1,650 | B | |
715 Lake Osborne Ter | Single Family | 1,975 | B | |
749 Sunset Dr | Single Family | 1,931 | B | |
2210 Collier Ave | Single Family | 1,544 | B | |
709 Lake Osborne Ter | Single Family | 1,782 | B | |
719 Sunset Dr | Single Family | 1,518 | B | |
2212 Collier Ave | Single Family | 1,795 | B | |
702 Lake Osborne Ter | Single Family | 1,526 | B | |
2702 Lake Osborne Dr | Single Family | 1,943 | B | |
2160 Mark Ave | Single Family | 2,907 | B | |
2626 Lake Osborne Dr | Single Family | 2,064 | B | |
2121 Collier Ave | Single Family | 2,366 | B | |
2708 Lake Osborne Dr | Single Family | 1,870 | B | |
2113 Collier Ave | Single Family | 2,493 | B | |
2161 Mark Ave | Single Family | 2,201 | B | |
701 Lake Osborne Ter | Single Family | 2,472 | B | |
2620 Lake Osborne Dr | Single Family | 1,416 | B | |
2201 Collier Ave | Single Family | 2,095 | B | |
2107 Collier Ave | Single Family | 2,115 | B | |
2714 Lake Osborne Dr | Single Family | 1,544 | B | |
2614 Lake Osborne Dr | Single Family | 1,587 | L | |
2207 Collier Ave | Single Family | 2,102 | B | |
713 Sunset Dr | Single Family | 1,570 | B | |
2101 Collier Ave | Single Family | 2,192 | B | |
637 Lake Osborne Ter | Single Family | 1,941 | B | |
814 Sunset Dr | Single Family | 1,222 | B | |
700 Lake Osborne Ter | Single Family | 1,774 | B | |
2720 Lake Osborne Dr | Single Family | 1,430 | B | |
2608 Lake Osborne Dr | Single Family | 1,406 | B | |
712 Sunset Dr | Single Family | 2,131 | B | |
2217 Collier Ave | Single Family | 2,292 | B | |
2151 Mark Ave | Single Family | 2,191 | B | |
2114 Mark Ave | Single Family | 1,833 | B | |
2212 Quail Trl | Vacant Residential | 0 | L | |
2192 Quail Trl | Single Family | 2,590 | B | |
2040 Collier Ave | Single Family | 1,741 | B | |
631 Lake Osborne Ter | Single Family | 2,309 | 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 40 of all properties in this area. This suggests it would appeal to someone earning around $47,457 per year who should qualify for a mortgage between $94,914 and $118,643.
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 40 of all properties in this area. This corresponds to a rent of $965 per month and a monthly household income of $2,538 ($30,456 per year)
Nearby Companies
715 Lake Osborne Ter
700 Lake Osborne Ter
732 Lake Osborne Ter
732 Lake Osborne Ter
732 Lake Osborne Ter
2217 Collier Ave
2217 Collier Ave
2121 Collier Ave
2121 Collier Ave
2201 Collier Ave
2714 Lake Osborne Dr