1713 Braeburn Pl, 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%.
Lake Worth 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 | |
|---|---|---|---|---|
| 1723 Braeburn Pl | Single Family | 1,957 | B |
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| 1699 Braeburn Pl | Single Family | 1,788 | B |
|
| 11729 Inverness Cir | Single Family | 2,134 | B |
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| 11721 Inverness Cir | Single Family | 1,985 | B |
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| 11737 Inverness Cir | Single Family | 1,907 | B |
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| 1727 Braeburn Pl | Single Family | 1,927 | B |
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| 1691 Braeburn Pl | Single Family | 2,276 | B |
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| 1714 Braeburn Pl | Single Family | 2,278 | B |
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| 1700 Braeburn Pl | Single Family | 2,120 | B |
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| 1724 Braeburn Pl | Single Family | 2,237 | B |
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| 11713 Inverness Cir | Single Family | 1,998 | B |
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| 1728 Braeburn Pl | Single Family | 2,546 | B |
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| 11745 Inverness Cir | Single Family | 1,710 | B |
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| 1739 Braeburn Pl | Single Family | 2,339 | B |
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| 1692 Braeburn Pl | Single Family | 2,050 | B |
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| 11705 Inverness Cir | Single Family | 2,295 | B |
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| 11734 Inverness Cir | Single Family | 1,975 | B |
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| 1721 The 12th Fairway | Single Family | 2,892 | B |
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| 1711 The 12th Fairway | Single Family | 2,354 | B |
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| 1740 Braeburn Pl | Single Family | 2,143 | B |
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| 1725 The 12th Fairway | Single Family | 2,728 | B |
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| 1667 Baltrusol Pl | Single Family | 2,100 | B |
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| 1689 The 12th Fairway | Single Family | 2,896 | B |
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| 1749 Braeburn Pl | Single Family | 2,012 | B |
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| 11716 Inverness Cir | Single Family | 2,552 | B |
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| 11697 Inverness Cir | Single Family | 2,199 | B |
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| 11760 Inverness Cir | Single Family | 1,790 | B |
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| 1737 The 12th Fairway | Single Family | 2,592 | B |
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| 1668 Baltrusol Pl | Single Family | 1,987 | B |
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| 1750 Braeburn Pl | Single Family | 2,407 | B |
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| 11710 Inverness Cir | Single Family | 2,265 | B |
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| 11664 Laurel Valley Cir | Single Family | 2,040 | B |
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| 11761 Inverness Cir | Single Family | 2,037 | B |
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| 1657 Baltrusol Pl | Single Family | 2,275 | B |
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| 11674 Laurel Valley Cir | Single Family | 2,361 | B |
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| 1632 Wyndcliff Dr | Single Family | 2,282 | B |
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| 1667 The 12th Fairway | Single Family | 2,633 | B |
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| 1747 The 12th Fairway | Single Family | 2,698 | B |
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| 11652 Laurel Valley Cir | Single Family | 1,907 | B |
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| 11770 Inverness Cir | Single Family | 1,917 | B |
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| 1658 Baltrusol Pl | Single Family | 2,130 | B |
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| 11686 Laurel Valley Cir | Single Family | 2,339 | B |
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| 1702 The 12th Fairway | Single Family | 2,765 | B |
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| 1714 The 12th Fairway | Single Family | 2,546 | B |
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| 11769 Inverness Cir | Single Family | 1,853 | B |
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| 1647 Baltrusol Pl | Single Family | 1,897 | B |
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| 1690 The 12th Fairway | Single Family | 3,024 | B |
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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 39 of all properties in this area. This suggests it would appeal to someone earning around $62,518 per year who should qualify for a mortgage between $125,036 and $156,295.
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 39 of all properties in this area. This corresponds to a rent of $992 per month and a monthly household income of $3,448 ($41,376 per year)
Nearby Companies
11697 Inverness Cir
1726 The 12th Fairway
1689 The 12th Fairway