10840 Magnolia St, 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

AddressTypeSq FtClass 
10856 Magnolia St Single Family 2,480 B
4301 Magnolia St Single Family 2,346 B
10843 Magnolia St Single Family 2,300 B
4277 Magnolia St Single Family 1,666 B
10876 Magnolia St Single Family 2,162 B
4324 Magnolia St Single Family 2,307 B
4312 Magnolia St Single Family 2,807 B
10857 Magnolia St Single Family 2,461 B
4334 Magnolia St Single Family 2,991 B
4261 Magnolia St Single Family 2,162 B
4298 Magnolia St Single Family 3,456 B
10873 Magnolia St Single Family 2,118 B
4249 Magnolia Ct Single Family 2,077 B
10892 Magnolia St Single Family 2,283 B
10842 Magnolia St Single Family 2,267 B
4251 Magnolia Ct Single Family 2,710 B
4349 Hickory Dr Single Family 2,406 B
4335 Hickory Dr Single Family 2,515 B
10858 Magnolia St Single Family 2,236 B
10881 Magnolia St Single Family 1,910 B
10828 Magnolia St Single Family 2,446 B
4365 Hickory Dr Single Family 2,112 B
4321 Hickory Dr Single Family 2,946 B
4286 Magnolia St Single Family 2,624 B
10874 Magnolia St Single Family 2,299 B
4264 Magnolia St Single Family 2,115 B
4247 Magnolia Ct Single Family 3,101 B
4272 Magnolia St Single Family 4,008 B
4325 Magnolia St Single Family 2,032 B
4252 Magnolia St Single Family 2,699 B
4379 Hickory Dr Single Family 3,579 B
10886 Magnolia St Single Family 2,315 B
4305 Hickory Dr Single Family 2,258 B
4238 Magnolia St Single Family 2,395 B
4335 Magnolia St Single Family 1,990 B
4233 Magnolia Ct Single Family 2,104 B
4225 Magnolia St Single Family 2,040 B
4293 Hickory Dr Single Family 2,404 B
4233 Larch Ave Single Family 2,259 B
4351 Magnolia St Single Family 1,940 B
4241 Larch Ave Single Family 2,313 B
4221 Larch Ave Single Family 2,173 B
10833 Magnolia St Single Family 2,245 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 56 of all properties in this area. This suggests it would appeal to someone earning around $97,364 per year who should qualify for a mortgage between $194,728 and $243,410.

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 56 of all properties in this area. This corresponds to a rent of $1,352 per month and a monthly household income of $4,265 ($51,180 per year)

Nearby Companies

Affinity Entertainment Inc
4261 Magnolia St
Trim Clubs, Inc.
4238 Magnolia St
New Voices Project, Inc.
4238 Magnolia St
Trim Of The Palm Beaches, Inc.
4238 Magnolia St
The Gardens Synagogue, Inc.
4241 Larch Ave
Fat Igor Company
4241 Larch Ave
Sammis Marine, LLC
10833 Magnolia St
Clear Lake Mortgage Corporation
10858 Magnolia St
Scott D. Smith, P.A.
4365 Hickory Dr
R.E.A.C.H. 29 L.L.C.
4334 Magnolia St
Installations By Ross, Inc.
4335 Magnolia St
Scott Begovich Inc.
4286 Magnolia St
Caren Hackman, Inc.
4305 Hickory Dr
Disclaimers and Disclosures

Public Records Data

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