373 Arcadia Dr, Wellington
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 349 Arcadia Dr | Single Family | 2,634 | B |
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| 397 Arcadia Dr | Single Family | 2,096 | B |
|
| 400 Arcadia Dr | Single Family | 2,832 | B |
|
| 12470 Westhall Pl | Single Family | 2,503 | B |
|
| 12452 Westhall Pl | Single Family | 2,885 | B |
|
| 352 Arcadia Dr | Single Family | 2,571 | B |
|
| 376 Arcadia Dr | Single Family | 2,644 | B |
|
| 444 Park Forest Way | Single Family | 1,832 | B |
|
| 340 Wood Dale Dr | Single Family | 2,113 | B |
|
| 334 Wood Dale Dr | Single Family | 1,581 | B |
|
| 452 Park Forest Way | Single Family | 1,735 | B |
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| 328 Arcadia Dr | Single Family | 2,586 | B |
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| 328 Wood Dale Dr | Single Family | 1,415 | B |
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| 12434 Guilford Way | Single Family | 2,022 | B |
|
| 460 Park Forest Way | Single Family | 1,755 | B |
|
| 12386 Westhall Pl | Single Family | 2,569 | B |
|
| 436 Park Forest Way | Single Family | 1,701 | B |
|
| 12488 Westhall Pl | Single Family | 2,645 | B |
|
| 322 Wood Dale Dr | Single Family | 2,113 | B |
|
| 12436 Guilford Way | Single Family | 1,924 | B |
|
| 352 Wood Dale Dr | Single Family | 1,383 | B |
|
| 12435 Guilford Way | Multi-family - less than 10 units | 3,191 | B |
|
| 428 Park Forest Way | Single Family | 1,704 | B |
|
| 316 Wood Dale Dr | Single Family | 1,383 | B |
|
| 358 Wood Dale Dr | Single Family | 1,516 | B |
|
| 461 Park Forest Way | Single Family | 1,701 | B |
|
| 331 Wood Dale Dr | Single Family | 1,516 | B |
|
| 12491 Westhall Pl | Single Family | 2,561 | B |
|
| 420 Park Forest Way | Single Family | 1,410 | B |
|
| 12469 Westhall Pl | Single Family | 1,923 | B |
|
| 12362 Westhall Pl | Single Family | 2,756 | B |
|
| 453 Park Forest Way | Single Family | 1,534 | B |
|
| 325 Wood Dale Dr | Single Family | 1,415 | B |
|
| 12447 Westhall Pl | Single Family | 2,250 | B |
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| 364 Wood Dale Dr | Single Family | 1,415 | B |
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| 735 Windtree Way | Single Family | 3,227 | B |
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| 310 Wood Dale Dr | Single Family | 1,559 | B |
|
| 445 Park Forest Way | Single Family | 1,701 | B |
|
| 12441 Guilford Way | Single Family | 1,844 | B |
|
| 12438 Guilford Way | Single Family | 1,827 | B |
|
| 319 Wood Dale Dr | Single Family | 1,383 | B |
|
| 12425 Westhall Pl | Single Family | 2,748 | B |
|
| 12383 Gingerwood Ln | Single Family | 2,481 | B |
|
| 437 Park Forest Way | Single Family | 1,704 | B |
|
| 370 Wood Dale Dr | Single Family | 1,383 | B |
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| 412 Park Forest Way | Single Family | 1,873 | B |
|
| 304 Wood Dale Dr | Single Family | 2,113 | 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 65 of all properties in this area. This suggests it would appeal to someone earning around $104,680 per year who should qualify for a mortgage between $209,360 and $261,700.
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 65 of all properties in this area. This corresponds to a rent of $1,355 per month and a monthly household income of $4,494 ($53,928 per year)
Nearby Companies
420 Park Forest Way
364 Wood Dale Dr
319 Wood Dale Dr
373 Arcadia Dr
334 Wood Dale Dr
334 Wood Dale Dr
349 Arcadia Dr