1213 Merlot Dr, Palm Beach Gardens
Palm Beach County Real Estate - Jupiter
Jupiter is in South East Florida. It's population as recorded in the 2010 Census was 55,156.
The median age for residents of Jupiter is 44.7. Around 26% of Jupiter households include school aged children and 32.5% of households include individuals aged 65 years or over. Census records indicate 90.6% of the Jupiter population are White, 1.5% are Black or African American, .5% American Indian, 2% Asian and 1.7% are Two or more Races.
There are 29,825 housing units in Jupiter. 5,905 (19.7%) of these were reported as vacant in the 2010 Census. Jupiter is a tourist destination, 68.3% (4,035) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,702 residential rental units in Jupiter. 6,001 of them were occupied in 2010 providing a residential rental vacancy rate of 9.8%.
Jupiter 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 | |
|---|---|---|---|---|
| 1215 Merlot Dr | Single Family | 3,182 | A |
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| 1211 Merlot Dr | Single Family | 3,200 | A |
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| 1217 Merlot Dr | Single Family | 3,467 | A |
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| 1209 Merlot Dr | Single Family | 3,548 | A |
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| 1212 Merlot Dr | Single Family | 3,117 | A |
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| 1214 Merlot Dr | Single Family | 3,969 | A |
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| 1210 Merlot Dr | Single Family | 3,964 | A |
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| 1216 Merlot Dr | Single Family | 3,117 | A |
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| 1219 Merlot Dr | Single Family | 3,162 | A |
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| 1207 Merlot Dr | Single Family | 3,151 | A |
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| 1208 Merlot Dr | Single Family | 3,117 | A |
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| 1218 Merlot Dr | Single Family | 3,531 | A |
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| 1220 Merlot Dr | Single Family | 4,803 | A |
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| 1221 Merlot Dr | Single Family | 3,162 | A |
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| 1205 Merlot Dr | Single Family | 3,548 | A |
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| 1301 Sonoma Ct | Single Family | 3,620 | A |
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| 1206 Merlot Dr | Single Family | 3,162 | A |
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| 1222 Merlot Dr | Single Family | 3,985 | A |
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| 1223 Merlot Dr | Single Family | 3,961 | A |
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| 1203 Merlot Dr | Single Family | 3,964 | A |
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| 1204 Merlot Dr | Single Family | 3,956 | A |
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| 1224 Merlot Dr | Single Family | 3,931 | A |
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| 1303 Sonoma Ct | Single Family | 4,819 | A |
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| 1302 Sonoma Ct | Single Family | 3,162 | A |
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| 1225 Merlot Dr | Single Family | 3,931 | A |
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| 1201 Merlot Dr | Single Family | 3,467 | A |
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| 1202 Merlot Dr | Single Family | 4,527 | A |
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| 1226 Merlot Dr | Single Family | 4,879 | A |
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| 1305 Sonoma Ct | Single Family | 4,879 | A |
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| 1434 Barlow Ct | Single Family | 3,162 | A |
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| 1304 Sonoma Ct | Single Family | 2,895 | A |
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| 1436 Barlow Ct | Single Family | 3,117 | A |
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| 1432 Barlow Ct | Single Family | 3,473 | A |
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| 1200 Merlot Dr | Single Family | 4,791 | A |
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| 1438 Barlow Ct | Single Family | 3,493 | A |
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| 1227 Merlot Dr | Single Family | 3,961 | A |
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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 86 of all properties in this area. This suggests it would appeal to someone earning around $214,877 per year who should qualify for a mortgage between $429,754 and $537,193.
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 86 of all properties in this area. This corresponds to a rent of $1,945 per month and a monthly household income of $6,111 ($73,332 per year)
Nearby Companies
1215 Merlot Dr
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1205 Merlot Dr
1205 Merlot Dr
1200 Merlot Dr
1200 Merlot Dr
1202 Merlot Dr
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1226 Merlot Dr
1226 Merlot Dr
1226 Merlot Dr
1434 Barlow Ct
1434 Barlow Ct