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:

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

AddressTypeSq FtClass 
834 Hansen St Single Family 1,419 B
826 Hansen St Single Family 1,829 B
840 Hansen St Single Family 768 B
831 Summit Blvd Single Family 1,562 B
818 Hansen St Single Family 1,188 B
825 Summit Blvd Single Family 1,467 B
835 Summit Blvd Single Family 760 B
829 Hansen St Multi-family - less than 10 units 2,656 B
821 Summit Blvd Single Family 658 B
825 Hansen St Vacant Residential 0 L
837 Hansen St Single Family 1,466 B
839 Summit Blvd Single Family 1,167 B
821 Hansen St Multi-family - less than 10 units 2,123 B
812 Hansen St Multi-family - less than 10 units 2,031 B
850 Hansen St Multi-family - less than 10 units 4,345 B
815 Summit Blvd Single Family 1,038 B
839 Hansen St Multi-family - less than 10 units 1,060 B
5308 Parker Ave Single Family 790 B
819 Hansen St Single Family 1,427 B
808 Hansen St Single Family 1,325 B
5312 Parker Ave Single Family 842 B
5214 Parker Ave Single Family 1,253 B
815 Hansen St Single Family 828 B
807 Summit Blvd Single Family 1,823 B
828 Selkirk St Single Family 1,170 B
832 Selkirk St Single Family 1,527 B
824 Selkirk St Single Family 1,593 B
5320 Parker Ave Single Family 743 B
836 Selkirk St Single Family 1,091 B
820 Selkirk St Vacant Residential 0 L
804 Hansen St Single Family 879 B
5210 Parker Ave Single Family 1,199 B
842 Selkirk St Single Family 1,077 B
809 Hansen St Single Family 1,391 B
816 Selkirk St Vacant Residential 0 L
805 Summit Blvd Single Family 813 B
812 Selkirk St Single Family 850 B
5305 Lake Ave Multi-family - less than 10 units 1,527 B
828 Summit Blvd Multi-family - less than 10 units 1,473 B
824 Summit Blvd Single Family 1,164 B
832 Summit Blvd Single Family 931 B
846 Selkirk St Single Family 978 B
820 Summit Blvd Single Family 768 B
801 Summit Blvd Single Family 1,739 B
836 Summit Blvd Single Family 1,134 B
900 Hansen St Single Family 1,235 B
810 Selkirk St Single Family 1,505 B
901 Hansen St Multi-family - less than 10 units 1,740 B
5215 Lake Ave Multi-family - less than 10 units 1,404 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 54 of all properties in this area. This suggests it would appeal to someone earning around $51,551 per year who should qualify for a mortgage between $103,102 and $128,878.

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 54 of all properties in this area. This corresponds to a rent of $1,034 per month and a monthly household income of $2,916 ($34,992 per year)

Nearby Companies

N & L Expansion Inc
847 Selkirk St
Imagiks Corporation
842 Selkirk St
Cellcorner, LLC.
839 Hansen St
M & H Pools LLC
839 Hansen St
Arelys Trucking LLC
832 Summit Blvd
Diwait LLC
833 Selkirk St
Road & Truth LLC
833 Selkirk St
Mrd Maintenance, Inc
812 Hansen St
Disclaimers and Disclosures

Public Records Data

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