888 Windtree Way, 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 | |
|---|---|---|---|---|
| 872 Windtree Way | Single Family | 1,775 | B |
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| 904 Windtree Way | Single Family | 1,898 | B |
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| 12323 Lacewood Ln | Single Family | 2,378 | B |
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| 12331 Lacewood Ln | Single Family | 2,579 | B |
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| 856 Windtree Way | Single Family | 2,802 | B |
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| 12325 Old Country Rd S | Single Family | 2,185 | B |
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| 879 Windtree Way | Single Family | 1,975 | B |
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| 897 Windtree Way | Single Family | 2,558 | B |
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| 12309 Old Country Rd S | Single Family | 1,720 | B |
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| 12324 Lacewood Ln | Single Family | 2,119 | B |
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| 857 Brightwood Way | Single Family | 2,017 | B |
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| 12359 Old Country Rd S | Single Family | 2,550 | B |
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| 861 Windtree Way | Single Family | 2,095 | B |
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| 12293 Old Country Rd S | Single Family | 2,072 | B |
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| 840 Windtree Way | Single Family | 1,942 | B |
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| 841 Brightwood Way | Single Family | 2,642 | B |
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| 12381 Old Country Rd S | Single Family | 2,163 | B |
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| 12277 Old Country Rd S | Single Family | 2,359 | B |
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| 843 Windtree Way | Single Family | 1,689 | B |
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| 12332 Lacewood Ln | Single Family | 1,798 | B |
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| 824 Windtree Way | Single Family | 2,067 | B |
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| 825 Brightwood Way | Single Family | 2,386 | B |
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| 12324 Old Country Rd S | Single Family | 1,941 | B |
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| 12308 Old Country Rd S | Single Family | 2,335 | B |
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| 12340 Old Country Rd S | Single Family | 2,619 | B |
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| 12261 Old Country Rd S | Single Family | 2,193 | B |
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| 825 Windtree Way | Single Family | 2,575 | B |
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| 12292 Old Country Rd S | Single Family | 2,078 | B |
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| 860 Brightwood Way | Single Family | 2,211 | B |
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| 12356 Old Country Rd S | Single Family | 2,015 | B |
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| 838 Brightwood Way | Single Family | 1,878 | B |
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| 808 Windtree Way | Single Family | 2,201 | B |
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| 12403 Old Country Rd S | Single Family | 2,328 | B |
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| 866 Lantern Tree Ln | Single Family | 1,645 | B |
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| 856 Lantern Tree Ln | Single Family | 1,830 | B |
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| 809 Brightwood Way | Single Family | 2,037 | B |
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| 12276 Old Country Rd S | Single Family | 2,590 | B |
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| 868 Lantern Tree Ln | Single Family | 1,655 | B |
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| 872 Brightwood Way | Single Family | 2,266 | B |
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| 854 Lantern Tree Ln | Single Family | 1,852 | B |
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| 12316 Sannenwood Ln | Single Family | 2,175 | B |
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| 844 Lantern Tree Ln | Single Family | 1,726 | B |
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| 12372 Old Country Rd S | Single Family | 2,080 | B |
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| 12404 Old Country Rd S | Single Family | 1,754 | B |
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| 12183 Sugar Pine Trl | Single Family | 1,965 | B |
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| 880 Lantern Tree Ln | Single Family | 1,649 | B |
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| 807 Windtree Way | Single Family | 1,945 | B |
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| 12181 Sugar Pine Trl | Single Family | 2,225 | B |
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| 888 Brightwood Way | Single Family | 1,991 | 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 44 of all properties in this area. This suggests it would appeal to someone earning around $70,528 per year who should qualify for a mortgage between $141,056 and $176,320.
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 44 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $3,625 ($43,500 per year)
Nearby Companies
825 Windtree Way
872 Windtree Way
860 Brightwood Way
12181 Sugar Pine Trl
12338 Old Country Road North