135 Greenwood Dr, 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%.
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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 | |
|---|---|---|---|---|
| 133 Greenwood Dr | Single Family | 2,538 | A |
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| 137 Greenwood Dr | Single Family | 1,664 | B |
|
| 3210 Vincent Rd | Single Family | 1,343 | B |
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| 131 Greenwood Dr | Single Family | 2,215 | A |
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| 118 Roosevelt Pl | Single Family | 2,577 | A |
|
| 122 Roosevelt Pl | Multi-family - less than 10 units | 3,486 | A |
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| 112 Roosevelt Pl | Multi-family - less than 10 units | 3,596 | A |
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| 126 Roosevelt Pl | Multi-family - less than 10 units | 3,250 | A |
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| 140 Greenwood Dr | Multi-family - less than 10 units | 2,330 | B |
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| 130 Greenwood Dr | Single Family | 2,949 | A |
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| 144 Greenwood Dr | Single Family | 2,994 | B |
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| 3217 Washington Rd | Single Family | 2,193 | A |
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| 3215 Washington Rd | Multi-family - less than 10 units | 2,590 | A |
|
| 170 Greenwood Dr | Vacant Residential | 0 | L | |
| 3209 Washington Rd | Single Family | 2,526 | A |
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| 3231 Vincent Rd | Single Family | 1,639 | B |
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| 3225 Vincent Rd | Single Family | 1,928 | A |
|
| 110 Greenwood Dr | Single Family | 1,500 | B |
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| 3219 Vincent Rd | Multi-family - less than 10 units | 2,685 | A |
|
| 200 Greenwood Dr | Single Family | 1,922 | B |
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| 100 Roosevelt Pl | Single Family | 5,288 | A |
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| 3307 Washington Rd | Single Family | 2,378 | B |
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| 202 Greenwood Dr | Single Family | 2,645 | A |
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| 3217 Vincent Rd | Single Family | 3,121 | A |
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| 217 Greenwood Dr | Single Family | 3,186 | A |
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| 137 Greymon Dr | Single Family | 2,597 | B |
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| 133 Greymon Dr | Vacant Residential | 0 | L | |
| 3131 Washington Rd | Single Family | 5,373 | A |
|
| 143 Greymon Dr | Single Family | 2,094 | B |
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| 129 Greymon Dr | Single Family | 2,872 | B |
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| 147 Greymon Dr | Single Family | 1,071 | B |
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| 143 Roosevelt Pl | Single Family | 1,966 | B |
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| 206 Greenwood Dr | Single Family | 2,016 | B |
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| 3315 Washington Rd | Single Family | 2,399 | A |
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| 3215 Vincent Rd | Multi-family - less than 10 units | 3,108 | B |
|
| 219 Greenwood Dr | Single Family | 1,807 | B |
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| 201 Greymon Dr | Single Family | 1,861 | B |
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| 3135 Washington Rd | Single Family | 2,432 | B |
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| 113 Greenwood Dr | Single Family | 2,542 | B |
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| 3214 Washington Rd | Single Family | 2,117 | B |
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| 101 Greymon Dr | Single Family | 1,881 | B |
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| 205 Greymon Dr | Single Family | 1,126 | B |
|
| 3213 Vincent Rd | Multi-family - less than 10 units | 3,081 | A |
|
| 3215 Vencent Rd | Vacant Residential | 0 | L | |
| 102 Greenwood Dr | Single Family | 2,595 | B |
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| 221 Greenwood Dr | Single Family | 3,151 | A |
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| 3218 Alton Rd | Single Family | 2,629 | B |
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| 220 Greenwood Dr | Single Family | 3,024 | A |
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| 211 Greymon Dr | Multi-family - less than 10 units | 3,137 | A |
|
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 94 of all properties in this area. This suggests it would appeal to someone earning around $317,508 per year who should qualify for a mortgage between $635,016 and $793,770.
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 94 of all properties in this area. This corresponds to a rent of $1,877 per month and a monthly household income of $4,986 ($59,832 per year)
Nearby Companies
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