221 Coral Cay Ter, 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 | |
---|---|---|---|---|
219 Coral Cay Ter | Single Family | 2,319 | B | |
114 Coral Cay Dr | Single Family | 2,202 | B | |
217 Coral Cay Ter | Single Family | 2,556 | B | |
116 Coral Cay Dr | Single Family | 2,055 | B | |
215 Coral Cay Ter | Single Family | 2,277 | B | |
118 Coral Cay Dr | Single Family | 2,278 | B | |
113 Coral Cay Dr | Single Family | 2,319 | B | |
218 Coral Cay Ter | Single Family | 2,319 | B | |
112 Coral Cay Dr | Single Family | 2,543 | B | |
220 Coral Cay Ter | Single Family | 2,519 | B | |
216 Coral Cay Ter | Single Family | 2,519 | B | |
115 Coral Cay Dr | Single Family | 2,263 | B | |
111 Coral Cay Dr | Single Family | 2,543 | B | |
222 Coral Cay Ter | Single Family | 2,325 | B | |
214 Coral Cay Ter | Single Family | 2,319 | B | |
213 Coral Cay Ter | Single Family | 2,651 | B | |
117 Coral Cay Dr | Single Family | 2,578 | B | |
120 Coral Cay Dr | Single Family | 2,569 | B | |
110 Coral Cay Dr | Single Family | 2,319 | B | |
223 Coral Cay Ter | Single Family | 2,563 | B | |
212 Coral Cay Ter | Single Family | 2,519 | B | |
119 Coral Cay Dr | Single Family | 2,243 | B | |
109 Coral Cay Dr | Single Family | 2,554 | B | |
224 Coral Cay Ter | Single Family | 2,563 | B | |
122 Coral Cay Dr | Single Family | 2,250 | B | |
121 Coral Cay Dr | Single Family | 2,250 | B | |
211 Coral Cay Ter | Single Family | 2,319 | B | |
108 Coral Cay Dr | Single Family | 2,543 | B | |
205 Coral Cay Ter | Single Family | 2,616 | B | |
226 Coral Cay Ter | Single Family | 2,563 | B | |
203 Coral Cay Ter | Single Family | 2,593 | B | |
225 Coral Cay Ter | Single Family | 2,563 | B | |
210 Coral Cay Ter | Single Family | 2,519 | B | |
201 Coral Cay Ter | Single Family | 2,666 | B | |
123 Coral Cay Dr | Single Family | 2,599 | B | |
107 Coral Cay Dr | Single Family | 2,319 | B | |
228 Coral Cay Ter | Single Family | 2,563 | B | |
227 Coral Cay Ter | Single Family | 2,563 | B | |
209 Coral Cay Ter | Single Family | 2,325 | B | |
106 Coral Cay Dr | Single Family | 2,543 | B | |
124 Coral Cay Dr | Single Family | 2,616 | B | |
229 Coral Cay Ter | Single Family | 2,563 | B | |
208 Coral Cay Ter | Single Family | 2,273 | B | |
105 Coral Cay Dr | Single Family | 2,609 | B | |
125 Coral Cay Dr | Single Family | 2,563 | B | |
243 Coral Cay Ter | Single Family | 2,616 | B | |
245 Coral Cay Ter | Single Family | 2,569 | B | |
230 Coral Cay Ter | Single Family | 2,563 | B | |
241 Coral Cay Ter | Single Family | 2,616 | 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 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
104 Coral Cay Dr
222 Coral Cay Ter