5185 Spice Dr, 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%.
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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 | |
---|---|---|---|---|
5193 Spice Dr | Single Family | 1,528 | B | |
5177 Spice Dr | Single Family | 1,914 | B | |
5169 Thyme Dr | Single Family | 1,908 | B | |
5201 Spice Dr | Single Family | 1,508 | B | |
5161 Thyme Dr | Single Family | 1,692 | B | |
5209 Spice Dr | Single Family | 1,471 | B | |
5077 Spice Dr | Undefined - Reserved for Use by Department of Revenue | 412 | B | |
5153 Thyme Dr | Single Family | 2,480 | B | |
5217 Spice Dr | Single Family | 1,143 | B | |
5154 Thyme Dr | Single Family | 1,914 | B | |
5145 Thyme Dr | Single Family | 2,184 | B | |
1041 Shady Lakes Cir S | Single Family | 2,652 | B | |
1043 Shady Lakes Cir S | Single Family | 2,805 | B | |
5225 Spice Dr | Single Family | 1,449 | B | |
11226 Curry Dr | Single Family | 1,471 | B | |
5144 Thyme Dr | Single Family | 2,480 | B | |
11218 Curry Dr | Single Family | 1,240 | B | |
5137 Thyme Dr | Single Family | 1,528 | B | |
11202 Curry Dr | Single Family | 1,471 | B | |
11210 Curry Dr | Single Family | 1,240 | B | |
1039 Shady Lakes Cir S | Single Family | 2,775 | B | |
1045 Shady Lakes Cir S | Single Family | 2,587 | B | |
5136 Thyme Dr | Single Family | 1,692 | B | |
11194 Curry Dr | Single Family | 1,471 | B | |
5129 Thyme Dr | Single Family | 1,792 | A | |
1037 Shady Lakes Cir S | Single Family | 2,597 | B | |
11186 Curry Dr | Single Family | 1,471 | B | |
5128 Thyme Dr | Single Family | 1,914 | B | |
1047 Shady Lakes Cir S | Single Family | 2,825 | B | |
5121 Thyme Dr | Single Family | 1,827 | B | |
11178 Curry Dr | Single Family | 1,240 | B | |
11269 Curry Dr | Single Family | 1,471 | B | |
11257 Curry Dr | Single Family | 1,143 | B | |
5120 Thyme Dr | Single Family | 1,528 | B | |
11249 Curry Dr | Single Family | 1,522 | B | |
11231 Curry Dr | Single Family | 1,449 | B | |
11170 Curry Dr | Single Family | 1,508 | B | |
11223 Curry Dr | Single Family | 1,240 | B | |
5113 Thyme Dr | Single Family | 1,813 | B | |
1029 Shady Lakes Cir S | Single Family | 2,745 | B | |
5112 Thyme Dr | Single Family | 2,184 | B | |
5211 Celery Ln | Single Family | 1,449 | B | |
11215 Curry Dr | Single Family | 1,508 | B | |
1049 Shady Lakes Cir S | Single Family | 2,885 | B | |
11207 Curry Dr | Single Family | 1,449 | B | |
5217 Celery Ln | Single Family | 1,143 | B | |
5105 Thyme Dr | Single Family | 1,813 | B | |
11162 Curry Dr | Single Family | 1,240 | B | |
1026 Shady Lakes Cir S | Single Family | 3,203 | B |
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 33 of all properties in this area. This suggests it would appeal to someone earning around $58,003 per year who should qualify for a mortgage between $116,006 and $145,008.
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 33 of all properties in this area. This corresponds to a rent of $1,068 per month and a monthly household income of $3,460 ($41,520 per year)
Nearby Companies
11136 Marjoram Dr
11170 Marjoram Dr
11170 Marjoram Dr
5185 Spice Dr
5177 Spice Dr
1043 Shady Lakes Circle S
1041 Shady Lakes Circle South