324 Edgewood 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 | |
|---|---|---|---|---|
| 326 Edgewood Dr | Single Family | 1,979 | B |
 |
| 320 Edgewood Dr | Multi-family - less than 10 units | 3,248 | B |
|
| 332 Edgewood Dr | Single Family | 1,423 | B |
|
| 325 Monroe Dr | Single Family | 1,661 | B |
|
| 333 Monroe Dr | Single Family | 1,761 | B |
|
| 317 Monroe Dr | Single Family | 1,579 | B |
|
| 336 Edgewood Dr | Vacant Residential | 0 | L | |
| 310 Edgewood Dr | Single Family | 2,398 | B |
|
| 321 Edgewood Dr | Single Family | 1,024 | B |
|
| 313 Monroe Dr | Single Family | 1,972 | B |
|
| 325 Edgewood Dr | Single Family | 1,416 | B |
|
| 319 Edgewood Dr | Single Family | 3,540 | A |
|
| 333 Edgewood Dr | Single Family | 2,037 | B |
|
| 311 Monroe Dr | Single Family | 2,369 | B |
|
| 309 Edgewood Dr | Single Family | 1,191 | B |
|
| 335 Edgewood Dr | Single Family | 1,868 | B |
|
| 3500 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 1,450 | B |
|
| 3506 S Dixie Hwy | Store, one story | 2,283 | B |
|
| 3501 S Olive Ave | Single Family | 2,319 | A |
|
| 3513 S Olive Ave | Single Family | 1,199 | B |
|
| 3512 S Dixie Hwy | Store, one story | 3,000 | B |
|
| 305 Edgewood Dr | Single Family | 1,222 | B |
|
| 343 Monroe Dr | Store, one story | 1,147 | B |
|
| 3515 S Olive Ave | Single Family | 3,177 | A |
|
| 322 Greymon Dr | Single Family | 1,496 | B |
|
| 3416 S Dixie Hwy | Store, one story | 1,880 | B |
|
| 324 Monroe Dr | Single Family | 2,197 | B |
|
| 316 Greymon Dr | Single Family | 1,691 | B |
|
| 324 Greymon Dr | Single Family | 2,485 | A |
|
| 305 Monroe Dr | Multi-family - less than 10 units | 2,007 | B |
|
| 328 Monroe Dr | Single Family | 3,237 | B |
|
| 320 Monroe Dr | Multi-family - less than 10 units | 1,386 | B |
|
| 310 Greymon Dr | Single Family | 1,277 | B |
|
| 3516 S Dixie Hwy | Store, one story | 1,612 | B |
|
| 340 Greymon Dr | Single Family | 2,391 | A |
|
| 332 Monroe Dr | Single Family | 2,108 | B |
|
| 318 Monroe Dr | Single Family | 2,149 | B |
|
| 301 Edgewood Dr | Single Family | 1,596 | B |
|
| 350 Greymon Dr | Vacant Residential | 0 | L | |
| 336 Monroe Dr | Multi-family - less than 10 units | 2,341 | B |
|
| 312 Monroe Dr | Single Family | 1,766 | B |
|
| 308 Greymon Dr | Single Family | 2,818 | A |
|
| 3412 S Dixie Hwy | Store, one story | 3,682 | B |
|
| 3409 S Olive Ave | Single Family | 1,300 | B |
|
| 308 Monroe Dr | Single Family | 1,492 | A |
|
| 3601 S Olive Ave | Multi-family - less than 10 units | 1,837 | B |
|
| 3400 S Dixie Hwy | Restaurant, cafeteria | 1,830 | B |
|
| 300 Greymon Dr | Single Family | 2,322 | B |
|
| 3501 S Dixie Hwy | Drive-in Restaurant | 1,712 | 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 86 of all properties in this area. This suggests it would appeal to someone earning around $128,662 per year who should qualify for a mortgage between $257,324 and $321,655.
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 86 of all properties in this area. This corresponds to a rent of $1,518 per month and a monthly household income of $4,036 ($48,432 per year)
Nearby Companies
3515 South Dixie Hwy
3515 South Dixie Hwy
3510 South Dixie
280 Edgewood Dr
280 Edgewood Dr
3415 S Dixie Hwy
3415 S Dixie Hwy
3415 S Dixie Hwy
3415 S Dixie Hwy
3501 South Olive Ave
310 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
305 Edgewood Dr
3516 South Dixie Hwy
3516 South Dixie Hwy
326 Edgewood Dr
326 Edgewood Dr
309 Edgewood Dr
3412 S Dixie Hwy
3400 Dixie Blvd
3400 South Dixie Hwy
329 Greymon Dr
329 Greymon Dr
324 Monroe Dr
313 Monroe Dr
308 Monroe Dr
308 Monroe Dr
311 Monroe Dr
3605-3607 S Dixie Hwy