310 Commons Way, Palm Beach Gardens
Palm Beach County Real Estate - Palm Beach Gardens
Palm Beach Gardens is in South East Florida. It's population as recorded in the 2010 Census was 48,452. Palm Beach Gardens is approximately 67 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).
The median age for residents of Palm Beach Gardens is 48.3. Around 20.8% of Palm Beach Gardens households include school aged children and 37.2% of households include individuals aged 65 years or over. Census records indicate 89.2% of the Palm Beach Gardens population are White, 4.4% are Black or African American, .1% American Indian, 3.1% Asian and 1.6% are Two or more Races.
There are 27,663 housing units in Palm Beach Gardens. 4,859 (17.5%) of these were reported as vacant in the 2010 Census. Palm Beach Gardens is a tourist destination, 56.1% (2,726) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 7,196 residential rental units in Palm Beach Gardens. 6,327 of them were occupied in 2010 providing a residential rental vacancy rate of 11.1%.
Palm Beach Gardens 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 | |
|---|---|---|---|---|
| 308 Commons Way | Single Family | 1,579 | B |
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| 312 Commons Way | Single Family | 1,755 | B |
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| 306 Commons Way | Single Family | 1,755 | B |
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| 314 Commons Way | Single Family | 1,579 | B |
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| 316 Commons Way | Single Family | 2,088 | B |
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| 318 Commons Way | Single Family | 1,755 | B |
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| 320 Commons Way | Single Family | 1,579 | B |
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| 4197 Magnolia St | Single Family | 2,286 | B |
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| 4179 Magnolia St | Single Family | 1,926 | B |
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| 322 Commons Way | Single Family | 2,088 | B |
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| 4213 Magnolia St | Single Family | 2,559 | B |
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| 324 Commons Way | Single Family | 1,755 | B |
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| 4165 Magnolia St | Single Family | 2,430 | B |
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| 4233 Magnolia Ct | Single Family | 2,104 | B |
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| 4510 Pga Blvd | Mixed use - store and office or store and residential or residential combination | 59,397 | B |
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| 326 Commons Way | Single Family | 1,579 | B |
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| 4225 Magnolia St | Single Family | 2,040 | B |
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| 328 Commons Way | Single Family | 2,088 | B |
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| 4151 Magnolia St | Single Family | 2,484 | B |
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| 4186 Magnolia St | Single Family | 2,831 | B |
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| 4247 Magnolia Ct | Single Family | 3,101 | B |
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| 4168 Magnolia St | Single Family | 2,100 | B |
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| 4206 Magnolia St | Single Family | 2,290 | B |
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| 4224 Magnolia St | Single Family | 2,278 | B |
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| Pga Blvd | Vacant Commercial | 0 | L | |
| 4143 Magnolia St | Single Family | 3,085 | B |
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| 4249 Magnolia Ct | Single Family | 2,077 | B |
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| 4251 Magnolia Ct | Single Family | 2,710 | B |
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| 4169 Larch Ave | Single Family | 2,305 | B |
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| 4153 Larch Ave | Single Family | 2,587 | B |
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Local Household Income
The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.
The tax assessed value of this property places it in percentile 53 of all properties in this area. This suggests it would appeal to someone earning around $91,075 per year who should qualify for a mortgage between $182,150 and $227,688.
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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 53 of all properties in this area. This corresponds to a rent of $1,306 per month and a monthly household income of $4,218 ($50,616 per year)
Nearby Companies
4550 Pga Boulevard Suite 213
4540 Pga Blvd
412 Commons Way
4755 Pga Blvd
4600 Pga Blvd
4590 Pga Blvd
4590 Pga Blvd
4590 Pga Blvd
4560 Pga Blvd
4675 Pga Blvd
4550 Pga Blvd
4550 Pga Blvd Ste 201
4550 Pga Blvd