11212 Cobblefield 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 | |
|---|---|---|---|---|
| 11196 Cobblefield Rd | Single Family | 3,778 | B |
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| 11228 Cobblefield Rd | Single Family | 3,107 | B |
|
| 11373 Nautica Ct | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 11180 Cobblefield Rd | Single Family | 3,518 | B |
|
| 11205 Marina Bay Rd | Single Family | 3,950 | B |
|
| 11197 Cobblefield Rd | Single Family | 3,728 | B |
|
| 11215 Marina Bay Rd | Single Family | 3,679 | B |
|
| 11195 Marina Bay Rd | Single Family | 3,434 | B |
|
| 11244 Cobblefield Rd | Single Family | 4,378 | B |
|
| 11181 Cobblefield Rd | Single Family | 3,784 | B |
|
| 11225 Marina Bay Rd | Single Family | 3,183 | B |
|
| 11164 Cobblefield Rd | Single Family | 2,768 | B |
|
| 11185 Marina Bay Rd | Single Family | 3,685 | B |
|
| 4481 Wellington Shores Dr | Single Family | 3,508 | B |
|
| 11235 Marina Bay Rd | Single Family | 3,415 | B |
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| 11165 Cobblefield Rd | Single Family | 3,508 | B |
|
| 11175 Marina Bay Rd | Single Family | 3,224 | B |
|
| 4438 Wellington Shores Dr | Single Family | 3,134 | B |
|
| 11148 Cobblefield Rd | Single Family | 3,728 | B |
|
| 11165 Marina Bay Rd | Single Family | 3,246 | B |
|
| 11149 Cobblefield Rd | Single Family | 3,811 | B |
|
| 4449 Wellington Shores Dr | Single Family | 3,117 | B |
|
| 11214 Marina Bay Rd | Single Family | 3,927 | B |
|
| 11204 Marina Bay Rd | Single Family | 3,402 | B |
|
| 4422 Wellington Shores Dr | Single Family | 3,778 | B |
|
| 11224 Marina Bay Rd | Single Family | 3,307 | B |
|
| 11255 Marina Bay Rd | Single Family | 3,183 | B |
|
| 11194 Marina Bay Rd | Single Family | 3,989 | B |
|
| 11134 Cobblefield Rd | Single Family | 3,520 | B |
|
| 11155 Marina Bay Rd | Single Family | 3,224 | B |
|
| 4488 Mariners Cove Dr | Single Family | 2,958 | B |
|
| 4474 Mariners Cove Dr | Single Family | 2,958 | B |
|
| 11234 Marina Bay Rd | Single Family | 3,945 | B |
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| 4502 Mariners Cove Dr | Single Family | 3,183 | B |
|
| 4460 Mariners Cove Dr | Single Family | 3,224 | B |
|
| 11184 Marina Bay Rd | Single Family | 3,891 | B |
|
| 4433 Wellington Shores Dr | Single Family | 3,508 | B |
|
| 11133 Cobblefield Rd | Single Family | 3,784 | B |
|
| 4446 Mariners Cove Dr | Single Family | 3,183 | B |
|
| 11244 Marina Bay Rd | Single Family | 3,402 | B |
|
| 11174 Marina Bay Rd | Single Family | 3,224 | B |
|
| 4406 Wellington Shores Dr | Single Family | 3,784 | B |
|
| 11145 Marina Bay Rd | Single Family | 3,880 | B |
|
| 11265 Marina Bay Rd | Single Family | 3,183 | B |
|
| 11118 Cobblefield Rd | Single Family | 3,728 | B |
|
| 4432 Mariners Cove Dr | Single Family | 3,224 | B |
|
| 11254 Marina Bay Rd | Single Family | 3,945 | 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 84 of all properties in this area. This suggests it would appeal to someone earning around $162,957 per year who should qualify for a mortgage between $325,914 and $407,393.
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 84 of all properties in this area. This corresponds to a rent of $1,804 per month and a monthly household income of $5,645 ($67,740 per year)
Nearby Companies
11245 Marina Bay Rd
11164 Marina Bay Rd
11155 Marina Bay Rd
11205 Marina Bay Rd
11205 Marina Bay Rd
11145 Marina Bay Rd
11145 Marina Bay Rd
11145 Marina Bay Rd
11145 Marina Bay Rd
11228 Cobblefield Rd
11228 Cobblefield Rd
11212 Cobblefield Rd
11196 Cobblefield Rd
11196 Cobblefield Rd
4446 Mariners Cove Dr
11134 Cobblefield Rd
11134 Cobblefield Rd
11181 Cobblefield Rd
11181 Cobblefield Rd
11101 Cobblefield Rd
11101 Cobblefield Rd
11149 Cobblefield Rd
4422 Wellington Shores Dr