2824 Shaughnessy Dr, Wellington
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
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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 | |
|---|---|---|---|---|
| 2820 Shaughnessy Dr | Single Family | 3,401 | B |
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| 2828 Shaughnessy Dr | Single Family | 3,630 | B |
|
| 2816 Shaughnessy Dr | Single Family | 3,656 | B |
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| 2832 Shaughnessy Dr | Single Family | 3,716 | B |
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| 2823 Shaughnessy Dr | Single Family | 3,605 | B |
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| 2812 Shaughnessy Dr | Single Family | 3,630 | B |
|
| 2836 Shaughnessy Dr | Single Family | 3,401 | B |
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| 2808 Shaughnessy Dr | Single Family | 3,339 | B |
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| 2840 Shaughnessy Dr | Single Family | 3,630 | B |
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| 9535 Phipps Ln | Vacant Residential | 4,434 | B |
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| 9732 Roche Pl | Single Family | 3,630 | B |
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| 9539 Phipps Ln | Single Family | 3,566 | B |
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| 9736 Roche Pl | Single Family | 3,716 | B |
|
| 2804 Shaughnessy Dr | Single Family | 4,042 | B |
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| 2844 Shaughnessy Dr | Single Family | 3,716 | B |
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| 9531 Phipps Ln | Single Family | 4,434 | B |
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| 9543 Phipps Ln | Single Family | 3,218 | B |
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| 9547 Phipps Ln | Single Family | 3,231 | B |
|
| 9740 Roche Pl | Single Family | 3,320 | B |
|
| 2849 Shaughnessy Dr | Single Family | 4,091 | B |
|
| 2848 Shaughnessy Dr | Single Family | 3,552 | B |
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| 2800 Shaughnessy Dr | Single Family | 3,630 | B |
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| 9551 Phipps Ln | Single Family | 4,434 | B |
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| 9744 Roche Pl | Single Family | 3,522 | B |
|
| 9527 Phipps Ln | Single Family | 3,659 | B |
|
| 9555 Phipps Ln | Single Family | 3,218 | B |
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| 2779 Pillsbury Way | Single Family | 6,164 | A |
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| 2852 Shaughnessy Dr | Single Family | 3,401 | B |
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| 2853 Shaughnessy Dr | Single Family | 3,656 | B |
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| 2796 Shaughnessy Dr | Single Family | 3,656 | B |
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| 2775 Pillsbury Way | Single Family | 6,171 | A |
|
| 9748 Roche Pl | Single Family | 4,059 | B |
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| 9737 Roche Pl | Single Family | 4,149 | B |
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| 2783 Pillsbury Way | Single Family | 6,164 | A |
|
| 9523 Phipps Ln | Single Family | 4,358 | B |
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| 9559 Phipps Ln | Single Family | 3,218 | B |
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| 9536 Phipps Ln | Single Family | 3,659 | B |
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| 2856 Shaughnessy Dr | Single Family | 3,605 | B |
|
| 9752 Roche Pl | Single Family | 3,478 | B |
|
| 2857 Shaughnessy Dr | Single Family | 2,716 | B |
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| 2792 Shaughnessy Dr | Single Family | 4,055 | B |
|
| 9741 Roche Pl | Single Family | 4,042 | B |
|
Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 82 of all properties in this area. This suggests it would appeal to someone earning around $153,953 per year who should qualify for a mortgage between $307,906 and $384,883.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 82 of all properties in this area. This corresponds to a rent of $1,736 per month and a monthly household income of $5,531 ($66,372 per year)
Nearby Companies
9741 Roche Pl
2796 Shaughnessy Dr
2800 Shaughnessy Dr
2804 Shaughnessy Dr
2804 Shaughnessy Dr
2775 Pillsbury Way
2783 Pillsbury Way
2783 Pillsbury Way
2783 Pillsbury Way
9740 Roche Pl
9736 Roche Pl
9736 Roche Pl
2849 Shaughnessy Dr
2857 Shaughnessy Dr
2832 Shaughnessy Dr
2824 Shaughnessy Dr
9539 Phipps Ln
9539 Phipps Ln
9539 Phipps Ln
9568 Phipps Ln
9564 Phipps Ln
9559 Phipps Ln