140 Royal Palm Way, Palm Beach
Palm Beach County Real Estate - Palm Beach
Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 8,348. Palm Beach is approximately 64 miles from Miami (population 399,457) and around 60 miles from Hialeah (population 224,669).
The median age for residents of Palm Beach is 67.4. Around 7% of Palm Beach households include school aged children and 68.4% of households include individuals aged 65 years or over. Census records indicate 97.4% of the Palm Beach population are White, .6% are Black or African American, 0% American Indian, 1% Asian and .5% are Two or more Races.
There are 9,091 housing units in Palm Beach. 4,292 (47.2%) of these were reported as vacant in the 2010 Census. Palm Beach is a tourist destination, 84.5% (3,627) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 932 residential rental units in Palm Beach. 659 of them were occupied in 2010 providing a residential rental vacancy rate of 27.9%.
Palm Beach 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 | |
|---|---|---|---|---|
| 160 Royal Palm Way | Hotel or motel | 54,038 | A |
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| 255 S County Rd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 15,611 | B |
|
| 100 Royal Palm Way | Condominium | 2,810 | B |
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| 180 Royal Palm Way | Financial institution (bank, saving and loan company, mortgage company, credit services) | 19,500 | A |
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| 239 S County Rd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 58,633 | A |
|
| 132 Royal Palm Way | Office building, non-professional service building, multi-story | 13,846 | A |
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| 251 S County Rd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 0 | L | |
| 155 Brazilian Ave | Single Family | 5,282 | A |
|
| 159 Brazilian Ave | Financial institution (bank, saving and loan company, mortgage company, credit services) | 0 | L | |
| 149 Brazilian Ave | Vacant Residential | 0 | L | |
| 301 S County Rd | Store, one story | 8,464 | A |
|
| 290 S County Rd | Mixed use - store and office or store and residential or residential combination | 16,885 | A |
|
| 141 Brazilian Ave | Single Family | 6,237 | A |
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| 296 S County Rd | Store, one story | 4,700 | B |
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| 270 S County Rd | Mixed use - store and office or store and residential or residential combination | 5,892 | A |
|
| 160 Seaview Ave | Single Family | 4,436 | A |
|
| 133 Brazilian Ave | Single Family | 5,576 | A |
|
| 140 Seaview Ave | Single Family | 3,291 | B |
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| 311 S County Rd | Mixed use - store and office or store and residential or residential combination | 7,770 | A |
|
| 136 Seaview Ave | Single Family | 2,702 | B |
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| 264 S County Rd | Store, one story | 5,183 | A |
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| 204 Royal Palm Way | Vacant Commercial | 0 | L | |
| 201 Royal Palm Way | Financial institution (bank, saving and loan company, mortgage company, credit services) | 23,245 | A |
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| 304 S County Rd | Store, one story | 4,729 | B |
|
Local Household Income
The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.
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 $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.
Nearby Companies
140 Royal Palm Way Suite 102
100 Royal Palm Way #2b
100 Royal Palm Way
100 Royal Palm Way
100 Royal Palm Way
221 Royal Palm Way
221 Royal Palm Way
288 South County Rd
301 South County Rd
301 South County Rd
296 South County Rd
305 South County Rd
307 S County Rd
300 S County Rd
151 Royal Palm Way
151 Royal Palm Way
151 Royal Palm Way
151 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way Ste 202
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
140 Royal Palm Way
202 Phipps Plz
202 Phipps Plz
312-B S County Rd
165 Brazilian Ave
301 S County Rd