410 Independence Rd, 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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414 Independence Rd | Single Family | 1,189 | B |
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5705 S Dixie Hwy | Office building, non-professional service building, one story | 8,152 | A |
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411 Revere Rd | Multi-family - less than 10 units | 1,485 | C |
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420 Independence Rd | Multi-family - less than 10 units | 1,213 | B |
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415 Revere Rd | Multi-family - less than 10 units | 1,440 | C |
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411 Independence Rd | Multi-family - less than 10 units | 1,822 | B |
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415 Independence Rd | Multi-family - less than 10 units | 1,483 | B |
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421 Revere Rd | Multi-family - less than 10 units | 1,469 | C |
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424 Independence Rd | Single Family | 1,449 | B |
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419 Independence Rd | Vacant Residential | 1,231 | L |
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5714 Webster Ave | Multi-family - less than 10 units | 1,468 | C |
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427 Independence Rd | Multi-family - less than 10 units | 1,497 | B |
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5601 S Dixie Hwy | Store, one story | 6,030 | B |
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412 Mayflower Rd | Single Family | 1,490 | B |
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410 Revere Rd | Multi-family - less than 10 units | 1,411 | B |
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414 Mayflower Rd | Multi-family - less than 10 units | 1,694 | B |
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416 Revere Rd | Single Family | 954 | B |
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5710 S Dixie Hwy | Office building, non-professional service building, one story | 3,800 | B |
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5705 Webster Ave | Single Family | 911 | B |
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5716 S Dixie Hwy | Mixed use - store and office or store and residential or residential combination | 2,477 | B |
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5801 S Dixie Hwy | Office building, non-professional service building, one story | 2,217 | B |
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418 Mayflower Rd | Single Family | 1,194 | B |
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420 Revere Rd | Multi-family - less than 10 units | 2,621 | B |
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5713 Webster Ave | Single Family | 1,656 | B |
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5700 S Dixie Hwy | Nightclub, cocktail lounge or bar | 1,080 | B |
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5606 Webster Ave | Multi-family - less than 10 units | 2,138 | B |
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5615 Webster Ave | Multi-family - less than 10 units | 2,143 | B |
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424 Revere Rd | Single Family | 1,253 | B |
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5800 S Dixie Hwy | Store, one story | 6,272 | B |
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510 Independence Rd | Multi-family - less than 10 units | 1,542 | B |
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505 Revere Rd | Single Family | 1,738 | B |
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505 Independence Rd | Single Family | 1,348 | B |
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5808 S Dixie Hwy | Store, one story | 1,479 | B |
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411 Churchill Rd | Single Family | 2,051 | B |
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500 Mayflower Rd | Single Family | 1,180 | B |
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5616 S Dixie Hwy | Store, one story | 1,449 | B |
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512 Independence Rd | Single Family | 1,049 | B |
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5815 S Dixie Hwy | Store, one story | 3,162 | B |
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383 Ellamar Rd | Single Family | 1,250 | B |
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5801 Webster Ave | Multi-family - less than 10 units | 1,764 | B |
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419 Churchill Rd | Multi-family - less than 10 units | 1,533 | C |
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511 Revere Rd | Single Family | 1,619 | B |
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380 Potter Rd | Single Family | 1,860 | B |
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504 Mayflower Rd | Single Family | 1,635 | B |
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5812 S Dixie Hwy | Mixed use - store and office or store and residential or residential combination | 2,598 | B |
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425 Churchill Rd | Multi-family - less than 10 units | 2,344 | B |
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411 Mayflower Rd | Single Family | 1,352 | 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 43 of all properties in this area. This suggests it would appeal to someone earning around $41,047 per year who should qualify for a mortgage between $82,094 and $102,618.
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 43 of all properties in this area. This corresponds to a rent of $944 per month and a monthly household income of $2,697 ($32,364 per year)
Nearby Companies
5612 S Dixie Hwy
5603 S Dixie Hwy
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
418 Mayflower Rd
5801 S Dixie Hwy
5801 S Dixie Hwy
5815 S Dixie Hwy
5815 S Dixie Hwy
5710 South Dixie Hwy
5613 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
5607 S Dixie Hwy
5607 S Dixie Hwy
5607 S Dixie Hwy
5710 S Dixie Hwy
5619 S Dixie Hwy
5615 S Dixie Hwy
5710 S Dixie Hwy
5710 S Dixie Hwy
5710 S Dixie Hwy
5710 S Dixie Hwy
5710 S Dixie Hwy
5800 S Dixie Hwy
5800 S Dixie Hwy
5800 S Dixie Hwy
5800 S Dixie Hwy
5812 S Dixie Hwy
377 Ellamar Rd
5910 South Dixie Hwy
5910 South Dixie Hwy
5901 S Dixie Hwy
5901 S Dixie Hwy
5901 S Dixie Hwy
5912 South Dixie Hwy
5902-B S Dixie Hwy
5902-B South Dixie Hwy
5908 S Dixie Hwy
5900 S Dixie Hwy