342 Malverne 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 | |
|---|---|---|---|---|
| 346 Malverne Rd | Multi-family - less than 10 units | 1,768 | C |
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| 330 Malverne Rd | Single Family | 1,789 | B |
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| 345 Nottingham Blvd | Single Family | 849 | B |
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| 341 Nottingham Blvd | Single Family | 959 | B |
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| 349 Nottingham Blvd | Single Family | 1,047 | B |
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| 337 Nottingham Blvd | Single Family | 1,383 | B |
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| 341 Malverne Rd | Single Family | 1,361 | B |
|
| 335 Malverne Rd | Single Family | 1,169 | B |
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| 326 Malverne Rd | Multi-family - less than 10 units | 1,647 | B |
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| 4100 S Dixie Hwy | Professional service building | 4,789 | B |
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| 331 Malverne Rd | Multi-family - less than 10 units | 2,020 | B |
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| 324 Malverne Rd | Single Family | 796 | B |
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| 329 Nottingham Blvd | Multi-family - less than 10 units | 1,601 | B |
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| 4000 S Dixie Hwy | Service station | 880 | B |
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| 325 Malverne Rd | Multi-family - less than 10 units | 2,798 | B |
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| 330 Southern Blvd | Restaurant, cafeteria | 6,428 | B |
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| 342 Nottingham Blvd | Multi-family - less than 10 units | 1,898 | B |
|
| 346 Nottingham Blvd | Single Family | 1,789 | B |
|
| 340 Nottingham Blvd | Single Family | 1,239 | C |
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| 325 Nottingham Blvd | Multi-family - less than 10 units | 1,720 | B |
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| 350 Nottingham Blvd | Multi-family - less than 10 units | 2,154 | B |
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| 336 Nottingham Blvd | Single Family | 1,118 | C |
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| 321 Malverne Rd | Single Family | 1,695 | B |
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| 320 Malverne Rd | Single Family | 966 | B |
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| 330 Nottingham Blvd | Multi-family - less than 10 units | 1,719 | B |
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| 4101 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 352 | B |
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| 4200 S Dixie Hwy | Store, one story | 966 | B |
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| 319 Nottingham Blvd | Multi-family - less than 10 units | 3,470 | B |
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| 4115 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 168 | B |
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| 328 Nottingham Blvd | Multi-family - less than 10 units | 1,536 | B |
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| 4013 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 1,800 | B |
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| 319 Malverne Rd | Multi-family - less than 10 units | 1,803 | B |
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| 347 Pine Ter | Single Family | 1,024 | B |
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| 345 Pine Ter | Single Family | 1,115 | B |
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| 341 Pine Ter | Single Family | 1,095 | B |
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| 312 Malverne Rd | Single Family | 1,243 | B |
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| 349 Pine Ter | Multi-family - less than 10 units | 2,270 | C |
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| 324 Nottingham Blvd | Single Family | 1,117 | B |
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| 337 Pine Ter | Single Family | 907 | B |
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| 313 Nottingham Blvd | Single Family | 1,155 | B |
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| 313 Malverne Rd | Multi-family - less than 10 units | 1,803 | B |
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| 335 Pine Ter | Single Family | 928 | B |
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| 4001 S Dixie Hwy | Store, one story | 5,981 | B |
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| 4206 S Dixie Hwy | Store, one story | 3,728 | B |
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| 316 Southern Blvd | Auto sales, auto repair and storage or auto service shop | 4,723 | B |
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| 408 Malverne Rd | Multi-family - less than 10 units | 2,795 | B |
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| 409 Nottingham Blvd | Single Family | 1,662 | B |
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| 318 Nottingham Blvd | Single Family | 1,190 | B |
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| 331 Pine Ter | Multi-family - less than 10 units | 1,367 | 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 87 of all properties in this area. This suggests it would appeal to someone earning around $133,490 per year who should qualify for a mortgage between $266,980 and $333,725.
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 87 of all properties in this area. This corresponds to a rent of $1,542 per month and a monthly household income of $4,163 ($49,956 per year)
Nearby Companies
4100 South Dixie Hwy
4000 S Dixie Hwy
330 Southern Blvd
316 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
333 Southern Blvd
314 Nottingham Blvd
4200 S Dixie Hwy
4200 S Dixie Hwy
4212 South Dixie Hwy
4212 South Dixie Hwy
324 Nottiingham Blvd
350 Nottingham Blvd
4201 South Dixie Hwy
4201 S Dixie Hwy 1
311 Nottingham Blvd
320 Malverne Rd
342 Malverne Rd
410 Malverne Rd
416 Malverne Rd
444 Malverne Rd
345 Pine Ter
4209 S Dixie Hwy