727 Bunker 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%.
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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 | |
|---|---|---|---|---|
| 733 Bunker Rd | Single Family | 922 | B |
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| 723 Bunker Rd | Single Family | 1,484 | B |
|
| 5420 Lake Ave | Multi-family - less than 10 units | 1,528 | B |
|
| 717 Bunker Rd | Single Family | 768 | B |
|
| 730 Summit Blvd | Single Family | 1,312 | B |
|
| 724 Summit Blvd | Single Family | 1,205 | B |
|
| 736 Bunker Rd | Mixed use - store and office or store and residential or residential combination | 2,928 | B |
|
| 734 Summit Blvd | Single Family | 1,230 | B |
|
| 720 Summit Blvd | Single Family | 1,769 | B |
|
| 715 Bunker Rd | Single Family | 804 | B |
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| 724 Bunker Rd | Office building, non-professional service building, one story | 1,216 | B |
|
| 722 Bunker Rd | Single Family | 865 | B |
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| 716 Summit Blvd | Single Family | 859 | B |
|
| 730 Bunker Rd | Mixed use - store and office or store and residential or residential combination | 1,845 | B |
|
| 716 Bunker Rd | Office building, non-professional service building, one story | 2,108 | B |
|
| 705 Bunker Rd | Single Family | 1,265 | B |
|
| 710 Summit Blvd | Multi-family - less than 10 units | 1,604 | B |
|
| 5401 Lake Ave | Single Family | 1,185 | B |
|
| 720 Bunker Rd | Repair service shop (excluding automotive) | 912 | B |
|
| 800 Bunker Rd | Single Family | 968 | B |
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| 5411 Garden Ave | Single Family | 995 | B |
|
| 708 Bunker Rd | Multi-family - less than 10 units | 2,012 | B |
|
| 817 Bunker Rd | Church | 11,901 | B |
|
| 727 Fernwood Dr | Single Family | 1,689 | B |
|
| 806 Summit Blvd | Single Family | 811 | B |
|
| 5423 Garden Ave | Multi-family - less than 10 units | 1,646 | B |
|
| 717 Fernwood Dr | Multi-family - less than 10 units | 2,614 | B |
|
| 5409 Garden Ave | Single Family | 1,301 | B |
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| 733 Fernwood Dr | Single Family | 1,311 | B |
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| 715 Fernwood Dr | Single Family | 1,385 | B |
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| 806 Bunker Rd | Multi-family - less than 10 units | 1,907 | B |
|
| 737 Summit Blvd | Single Family | 1,924 | B |
|
| 702 Bunker Rd | Store, one story | 1,572 | B |
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| 5405 Garden Ave | Single Family | 1,072 | B |
|
| 711 Fernwood Dr | Single Family | 1,312 | B |
|
| 812 Summit Blvd | Single Family | 1,225 | B |
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| 5509 Garden Ave | Single Family | 1,599 | B |
|
| 727 Summit Blvd | Single Family | 1,114 | B |
|
| 725 Summit Blvd | Single Family | 773 | B |
|
| 5519 Lake Ave | Single Family | 1,254 | B |
|
| 719 Summit Blvd | Single Family | 1,147 | B |
|
| 812 Bunker Rd | Multi-family - less than 10 units | 2,167 | B |
|
| 5525 Garden Ave | Single Family | 1,168 | B |
|
| 5314 Lake Ave | Single Family | 839 | B |
|
| 711 Summit Blvd | Multi-family - less than 10 units | 1,233 | B |
|
| 801 Summit Blvd | Single Family | 1,739 | B |
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| 816 Summit Blvd | Single Family | 946 | B |
|
| 805 Fernwood Dr | Single Family | 1,222 | B |
|
| 5555 Garden Ave | Multi-family - less than 10 units | 2,315 | 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 41 of all properties in this area. This suggests it would appeal to someone earning around $39,231 per year who should qualify for a mortgage between $78,462 and $98,078.
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 41 of all properties in this area. This corresponds to a rent of $927 per month and a monthly household income of $2,649 ($31,788 per year)
Nearby Companies
5414 Garden Ave
727 Bunker Rd
723 Bunker Rd
715 Bunker Rd
715 Fernwood Dr
634 Bunker Rd
716 Bunker Rd
716 Bunker Rd
724 Bunker Rd
736 Bunker Rd
704 Bunker Rd
720 Bunker Rd
722 Bunker Rd
722 Bunker Rd
832 Bunker Rd