11722 Cottonwood Ave, 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 
11708 Beech Ave Single Family 2,867 B
11738 Cottonwood Ave Single Family 2,713 B
11692 Beech Ave Single Family 2,652 B
11727 Cottonwood Ave Single Family 2,252 B
11713 Beech Ave Single Family 2,212 B
11752 Cottonwood Ave Single Family 2,897 B
11741 Cottonwood Ave Single Family 2,673 B
11697 Beech Ave Single Family 2,561 B
4069 Cottonwood Ave Single Family 2,057 B
11730 Cottonwood Cir Single Family 2,322 B
4102 Cottonwood Ave Single Family 2,581 B
4101 Beech Ave Single Family 2,530 B
4081 Cottonwood Ave Single Family 2,228 B
4076 Beech Ave Single Family 2,521 B
4097 Cottonwood Ave Single Family 2,199 B
4122 Cottonwood Cir Single Family 2,540 B
4070 Chestnut Ave Single Family 2,353 B
4090 Beech Ave Single Family 2,609 B
4117 Beech Ave Single Family 2,654 B
4082 Chestnut Ave Single Family 2,257 B
4113 Cottonwood Ave Single Family 2,566 B
4106 Beech Ave Single Family 2,254 B
11814 Chestnut Ave Single Family 2,485 B
4098 Chestnut Ave Single Family 2,373 B
11729 Cottonwood Cir Single Family 2,141 B
4131 Beech Ave Single Family 2,126 B
4127 Cottonwood Ave Single Family 2,438 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 58 of all properties in this area. This suggests it would appeal to someone earning around $101,560 per year who should qualify for a mortgage between $203,120 and $253,900.

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 58 of all properties in this area. This corresponds to a rent of $1,378 per month and a monthly household income of $4,328 ($51,936 per year)

Nearby Companies

Old Holland LLC
4882 Chestnut Ave
Mcclung & Sons Painting Contractors, Inc.
4081 Cottonwood Ave
Under Pressure Cleaning Services Of Florida, Inc.
4090 Beech Ave
Quality Smart Inc.
11752 Cottonwood Ave
Hcr92, LLC
4131 Beech Ave
Disclaimers and Disclosures

Public Records Data

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