935 Paseo Andorra, 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 | |
|---|---|---|---|---|
| 941 Paseo Andorra | Single Family | 1,651 | B |
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| 927 Paseo Andorra | Single Family | 3,484 | B |
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| 934 Paseo Castalla | Single Family | 1,584 | B |
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| 940 Paseo Castalla | Single Family | 1,597 | B |
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| 949 Paseo Andorra | Single Family | 2,038 | B |
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| 3831 Paseo Navarra | Single Family | 2,653 | B |
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| 934 Paseo Andorra | Single Family | 1,471 | B |
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| 940 Paseo Andorra | Single Family | 1,415 | B |
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| 920 Paseo Castalla | Single Family | 1,521 | B |
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| 926 Paseo Andorra | Single Family | 2,247 | A |
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| 946 Paseo Castalla | Single Family | 1,493 | B |
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| 946 Paseo Andorra | Single Family | 1,543 | B |
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| 920 Paseo Andorra | Single Family | 1,140 | B |
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| 1001 Southern Blvd | County Owned | 0 | L | |
| 941 Paseo Castalla | Single Family | 1,602 | B |
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| 1001 Paseo Andorra | Single Family | 1,757 | B |
|
| 3829 Paseo Navarra | Multi-family - less than 10 units | 3,419 | B |
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| 916 Paseo Andorra | Single Family | 2,101 | B |
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| 911 Paseo Andorra | Single Family | 1,586 | B |
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| 1000 Paseo Castalla | Single Family | 1,004 | B |
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| 945 Paseo Castalla | Single Family | 1,538 | B |
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| 3826 Paseo Navarra | Single Family | 1,474 | B |
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| 1002 Paseo Andorra | Single Family | 1,254 | B |
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| 3820 Paseo Navarra | Single Family | 1,802 | B |
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| 910 Paseo Andorra | Single Family | 1,117 | B |
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| 953 Paseo Castalla | Single Family | 2,385 | B |
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| 1009 Paseo Andorra | Single Family | 1,702 | B |
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| 922 Paseo Palmera | Single Family | 2,106 | B |
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| 940 Paseo Palmera | Single Family | 1,638 | B |
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| 1008 Paseo Andorra | Single Family | 1,497 | B |
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| 3814 Paseo Navarra | Single Family | 1,825 | B |
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| 1010 Paseo Castalla | Single Family | 3,445 | B |
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| 920 Paseo Palmera | Single Family | 3,299 | B |
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| 946 Paseo Palmera | Single Family | 1,326 | B |
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| 959 Paseo Castalla | Single Family | 2,834 | B |
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| 3815 Parker Ave | Multi-family - 10 units or more | 8,400 | B |
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| 906 Paseo Andorra | Multi-family - less than 10 units | 1,440 | B |
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| 1015 Paseo Andorra | Single Family | 1,149 | B |
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| 952 Paseo Palmera | Single Family | 1,784 | B |
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| 930 Southern Blvd | Church | 13,827 | B |
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| 901 Southern Blvd | Drive-in Restaurant | 0 | B | |
| 1000 Southern Blvd | Professional service building | 8,856 | B |
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| 1014 Paseo Andorra | Single Family | 1,418 | B |
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| 910 Paseo Palmera | Single Family | 1,952 | B |
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| 1012 Paseo Castalla | Single Family | 1,148 | B |
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| 958 Paseo Palmera | Single Family | 1,384 | B |
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| 3807 Parker Ave | Multi-family - less than 10 units | 1,470 | B |
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| 1021 Paseo Andorra | Single Family | 1,364 | B |
|
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 65 of all properties in this area. This suggests it would appeal to someone earning around $67,706 per year who should qualify for a mortgage between $135,412 and $169,265.
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 65 of all properties in this area. This corresponds to a rent of $1,130 per month and a monthly household income of $3,159 ($37,908 per year)
Nearby Companies
935 Paseo Andorra
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946 Paseo Andorra
946 Paseo Andorra
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