308 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%.
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 | |
|---|---|---|---|---|
| 3311 S Olive Ave | Single Family | 1,896 | A |
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| 314 Greenwood Dr | Single Family | 2,050 | B |
|
| 301 Greenwood Dr | Single Family | 2,773 | B |
|
| 305 Greymon Dr | Single Family | 1,184 | B |
|
| 303 Greymon Dr | Multi-family - less than 10 units | 2,188 | B |
|
| 309 Greymon Dr | Vacant Residential | 0 | L | |
| 309 Greenwood Dr | Single Family | 1,078 | C |
|
| 246 Greenwood Dr | Single Family | 3,079 | B |
|
| 318 Greenwood Dr | Single Family | 1,833 | B |
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| 317 Greymon Dr | Single Family | 1,912 | B |
|
| 245 Greenwood Dr | Single Family | 1,412 | B |
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| 315 Greenwood Dr | Single Family | 1,925 | B |
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| 3310 S Olive Ave | Multi-family - less than 10 units | 2,733 | B |
|
| 320 Greenwood Dr | Single Family | 1,523 | B |
|
| 319 Greymon Dr | Single Family | 1,859 | B |
|
| 319 Greenwood Dr | Multi-family - less than 10 units | 1,896 | B |
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| 3220 S Olive Ave | Single Family | 2,075 | B |
|
| 3217 S Olive Ave | Single Family | 1,798 | B |
|
| 228 Greenwood Dr | Multi-family - less than 10 units | 3,850 | B |
|
| S Olive Ave | Vacant Residential | 0 | L | |
| 321 Greymon Dr | Single Family | 2,326 | B |
|
| 326 Greenwood Dr | Single Family | 1,331 | B |
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| 237 Greenwood Dr | Single Family | 1,502 | B |
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| 3213 S Olive Ave | Single Family | 1,323 | B |
|
| 235 Greymon Dr | Vacant Residential | 2,946 | L |
|
| 300 Greymon Dr | Single Family | 2,322 | B |
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| 230 Greenwood Dr | Single Family | 1,171 | B |
|
| 3210 S Olive Ave | Single Family | 1,323 | B |
|
| 325 Greymon Dr | Single Family | 2,220 | A |
|
| 327 Greenwood Dr | Multi-family - less than 10 units | 2,959 | A |
|
| 233 Greenwood Dr | Single Family | 1,316 | B |
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| 330 Greenwood Dr | Single Family | 1,817 | B |
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| 308 Greymon Dr | Single Family | 2,818 | A |
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| 308 Marlborough Pl | Single Family | 2,427 | A |
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| 231 Greymon Dr | Single Family | 1,452 | B |
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| 310 Greymon Dr | Single Family | 1,277 | B |
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| 316 Marlborough Pl | Single Family | 2,385 | B |
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| 329 Greymon Dr | Multi-family - less than 10 units | 2,061 | B |
|
| 331 Greenwood Dr | Single Family | 1,764 | B |
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| 3409 S Olive Ave | Single Family | 1,300 | B |
|
| 224 Greenwood Dr | Single Family | 3,192 | A |
|
| 316 Greymon Dr | Single Family | 1,691 | B |
|
| 300 Marlborough Pl | Single Family | 2,128 | A |
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| 229 Greenwood Dr | Single Family | 1,426 | B |
|
| 3219 Alton Rd | Single Family | 1,663 | B |
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| 306 Marlborough Pl | Single Family | 3,014 | A |
|
| 318 Marlborough Pl | Single Family | 1,308 | B |
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| 332 Greenwood Dr | Multi-family - less than 10 units | 2,512 | A |
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| 240 Marlborough Rd | Multi-family - less than 10 units | 1,938 | 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 90 of all properties in this area. This suggests it would appeal to someone earning around $158,251 per year who should qualify for a mortgage between $316,502 and $395,628.
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 90 of all properties in this area. This corresponds to a rent of $1,662 per month and a monthly household income of $4,434 ($53,208 per year)
Nearby Companies
3246 S Dixie Hwy
308 Greenwood Dr
308 Greenwood Dr
331 Greenwood Dr
327 Greenwood Dr
230 Greenwood Dr
224 Greenwood Dr
222 Greenwood Dr
222 Greenwood Dr
222 Greenwood Dr
222 Greenwood Dr
222 Greenwood Dr
245 Greenwood Dr
233 Greenwood Dr
223 Greenwood Dr
3220 South Olive Ave
3306 S Dixie Hwy
309 Edgewood Dr
300 Greymon Dr
305 Greymon Dr
305 Greymon Dr
329 Greymon Dr
329 Greymon Dr