8237 Pine Cay Rd, 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 | |
|---|---|---|---|---|
| 8233 Pine Cay Rd | Single Family | 2,383 | B |
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| 8247 Pine Cay Rd | Single Family | 2,403 | B |
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| 8223 Pine Cay Rd | Single Family | 2,403 | B |
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| 8253 Pine Cay Rd | Single Family | 2,383 | B |
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| 8213 Pine Cay Rd | Single Family | 2,383 | B |
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| 8263 Pine Cay Rd | Single Family | 2,403 | B |
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| 8234 Pine Cay Rd | Single Family | 2,383 | B |
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| 8244 Pine Cay Rd | Single Family | 2,383 | B |
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| 8224 Pine Cay Rd | Single Family | 2,403 | B |
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| 8203 Pine Cay Rd | Single Family | 2,403 | B |
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| 8273 Pine Cay Rd | Single Family | 2,403 | B |
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| 8254 Pine Cay Rd | Single Family | 2,383 | B |
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| 8214 Pine Cay Rd | Single Family | 2,383 | B |
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| 8264 Pine Cay Rd | Single Family | 2,383 | B |
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| 8204 Pine Cay Rd | Single Family | 2,383 | B |
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| 8183 Pine Cay Rd | Single Family | 2,383 | B |
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| 8192 Ocho Rios Ln | Single Family | 4,236 | B |
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| 8283 Pine Cay Rd | Single Family | 2,383 | B |
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| 8274 Pine Cay Rd | Single Family | 2,383 | B |
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| 8182 Ocho Rios Ln | Single Family | 4,123 | B |
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| 8194 Pine Cay Rd | Single Family | 2,383 | B |
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| 8173 Pine Cay Rd | Single Family | 2,383 | B |
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| 8284 Pine Cay Rd | Single Family | 2,403 | B |
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| 8293 Pine Cay Rd | Single Family | 2,403 | B |
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| 8184 Pine Cay Rd | Single Family | 2,383 | B |
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| 8172 Ocho Rios Ln | Single Family | 4,236 | B |
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| 8163 Pine Cay Rd | Single Family | 2,383 | B |
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| 8294 Pine Cay Rd | Single Family | 2,403 | B |
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| 8174 Pine Cay Rd | Single Family | 2,403 | B |
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| 8303 Pine Cay Rd | Single Family | 2,522 | B |
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| 8201 Ocho Rios Ln | Single Family | 4,236 | B |
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| 8153 Pine Cay Rd | Single Family | 2,383 | B |
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| 8164 Pine Cay Rd | Single Family | 2,383 | B |
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| 8152 Ocho Rios Ln | Single Family | 4,122 | B |
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| 8304 Pine Cay Rd | Single Family | 2,403 | B |
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| 8313 Pine Cay Rd | Single Family | 2,403 | B |
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| 8455 Quito Pl | Single Family | 1,897 | B |
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| 8465 Quito Pl | Single Family | 1,897 | B |
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| 8445 Quito Pl | Single Family | 1,881 | B |
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| 8154 Pine Cay Rd | Single Family | 2,383 | B |
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| 8475 Quito Pl | Single Family | 1,881 | B |
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| 8435 Quito Pl | Single Family | 1,897 | B |
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| 8314 Pine Cay Rd | Single Family | 2,383 | B |
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| 8425 Quito Pl | Single Family | 1,897 | B |
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| 8485 Quito Pl | Single Family | 1,989 | 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 69 of all properties in this area. This suggests it would appeal to someone earning around $112,122 per year who should qualify for a mortgage between $224,244 and $280,305.
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 69 of all properties in this area. This corresponds to a rent of $1,436 per month and a monthly household income of $4,664 ($55,968 per year)
Nearby Companies
8273 Pine Cay Rd
8253 Pine Cay Rd
8223 Pine Cay Rd
6318 Magnolia Trails Ln
8247 Pine Cay Rd
8164 Pine Cay Rd
8153 Pine Cay Rd
8153 Pine Cay Rd
8283 Pine Cay Rd
8283 Pine Cay Rd