5705 Webster Ave, West Palm Beach
Palm Beach County Real Estate - Palm Beach
Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 8,348. Palm Beach is approximately 64 miles from Miami (population 399,457) and around 60 miles from Hialeah (population 224,669).
The median age for residents of Palm Beach is 67.4. Around 7% of Palm Beach households include school aged children and 68.4% of households include individuals aged 65 years or over. Census records indicate 97.4% of the Palm Beach population are White, .6% are Black or African American, 0% American Indian, 1% Asian and .5% are Two or more Races.
There are 9,091 housing units in Palm Beach. 4,292 (47.2%) of these were reported as vacant in the 2010 Census. Palm Beach is a tourist destination, 84.5% (3,627) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 932 residential rental units in Palm Beach. 659 of them were occupied in 2010 providing a residential rental vacancy rate of 27.9%.
Palm Beach 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 | |
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510 Independence Rd | Multi-family - less than 10 units | 1,542 | B |
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424 Independence Rd | Single Family | 1,449 | B |
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512 Independence Rd | Single Family | 1,049 | B |
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5713 Webster Ave | Single Family | 1,656 | B |
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505 Revere Rd | Single Family | 1,738 | B |
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5714 Webster Ave | Multi-family - less than 10 units | 1,468 | C |
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511 Revere Rd | Single Family | 1,619 | B |
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514 Independence Rd | Multi-family - less than 10 units | 1,700 | B |
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420 Independence Rd | Multi-family - less than 10 units | 1,213 | B |
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5615 Webster Ave | Multi-family - less than 10 units | 2,143 | B |
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505 Independence Rd | Single Family | 1,348 | B |
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421 Revere Rd | Multi-family - less than 10 units | 1,469 | C |
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515 Revere Rd | Single Family | 1,454 | B |
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427 Independence Rd | Multi-family - less than 10 units | 1,497 | B |
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516 Independence Rd | Multi-family - less than 10 units | 1,394 | B |
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511 Independence Rd | Single Family | 1,249 | B |
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414 Independence Rd | Single Family | 1,189 | B |
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415 Revere Rd | Multi-family - less than 10 units | 1,440 | C |
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517 Revere Rd | Single Family | 1,104 | B |
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419 Independence Rd | Vacant Residential | 1,231 | L |
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520 Independence Rd | Single Family | 1,467 | B |
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5801 Webster Ave | Multi-family - less than 10 units | 1,764 | B |
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500 Mayflower Rd | Single Family | 1,180 | B |
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504 Mayflower Rd | Single Family | 1,635 | B |
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506 Revere Rd | Single Family | 1,020 | B |
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410 Independence Rd | Single Family | 962 | B |
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415 Independence Rd | Multi-family - less than 10 units | 1,483 | B |
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519 Independence Rd | Multi-family - less than 10 units | 1,801 | B |
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424 Revere Rd | Single Family | 1,253 | B |
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521 Revere Rd | Single Family | 1,265 | B |
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512 Mayflower Rd | Multi-family - less than 10 units | 2,724 | B |
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510 Revere Rd | Single Family | 1,137 | B |
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5606 Webster Ave | Multi-family - less than 10 units | 2,138 | B |
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411 Revere Rd | Multi-family - less than 10 units | 1,485 | C |
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524 Independence Rd | Single Family | 1,120 | B |
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420 Revere Rd | Multi-family - less than 10 units | 2,621 | B |
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512 Revere Rd | Single Family | 1,322 | B |
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418 Mayflower Rd | Single Family | 1,194 | B |
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411 Independence Rd | Multi-family - less than 10 units | 1,822 | B |
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525 Independence Rd | Multi-family - less than 10 units | 1,700 | B |
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516 Mayflower Rd | Single Family | 1,503 | B |
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525 Revere Rd | Single Family | 1,223 | B |
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416 Revere Rd | Single Family | 954 | B |
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516 Revere Rd | Single Family | 1,102 | B |
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414 Mayflower Rd | Multi-family - less than 10 units | 1,694 | B |
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529 Revere Rd | Multi-family - less than 10 units | 1,633 | B |
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520 Mayflower Rd | Single Family | 728 | B |
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5705 S Dixie Hwy | Office building, non-professional service building, one story | 8,152 | A |
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5811 Webster Ave | Multi-family - less than 10 units | 1,605 | B |
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Local Household Income
The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.
The tax assessed value of this property places it in percentile 36 of all properties in this area. This suggests it would appeal to someone earning around $34,879 per year who should qualify for a mortgage between $69,758 and $87,198.
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 $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 36 of all properties in this area. This corresponds to a rent of $890 per month and a monthly household income of $2,567 ($30,804 per year)
Nearby Companies
528 Mayflower Rd
524 Revere Rd
521 Mayflower Rd
606 South Albany Ave
510 Revere Rd
501 Mayflower Rd
5713 Webster Ave
410 Independence Rd
410 Independence Rd
410 Independence Rd
5801 S Dixie Hwy
5801 S Dixie Hwy
5710 South Dixie Hwy
5707 S Dixie Hwy #8
5707 South Dixie Hwy
5707 South Dixie Hwy
5707 South Dixie Hwy
5707 S Dixie Hwy Ste C
5710 S Dixie Hwy
514 Churchill Rd
514 Churchill Rd
525 Revere Rd