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:

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

AddressTypeSq FtClass 
806 Bunker Rd Multi-family - less than 10 units 1,907 B
5519 Lake Ave Single Family 1,254 B
812 Bunker Rd Multi-family - less than 10 units 2,167 B
805 Fernwood Dr Single Family 1,222 B
730 Bunker Rd Mixed use - store and office or store and residential or residential combination 1,845 B
736 Bunker Rd Mixed use - store and office or store and residential or residential combination 2,928 B
733 Fernwood Dr Single Family 1,311 B
811 Fernwood Dr Single Family 1,297 B
818 Bunker Rd Single Family 1,326 B
817 Bunker Rd Church 11,901 B
5420 Lake Ave Multi-family - less than 10 units 1,528 B
817 Fernwood Dr Single Family 1,538 B
724 Bunker Rd Office building, non-professional service building, one story 1,216 B
727 Fernwood Dr Single Family 1,689 B
733 Bunker Rd Single Family 922 B
824 Bunker Rd Single Family 1,198 B
727 Bunker Rd Single Family 936 B
823 Fernwood Dr Single Family 2,107 B
722 Bunker Rd Single Family 865 B
800 Fernwood Dr Single Family 933 B
806 Fernwood Dr Single Family 1,295 B
717 Fernwood Dr Multi-family - less than 10 units 2,614 B
823 Bunker Rd Single Family 1,970 B
5600 Lake Ave Single Family 1,344 B
828 Bunker Rd Single Family 1,351 B
812 Fernwood Dr Single Family 1,201 B
723 Bunker Rd Single Family 1,484 B
5401 Lake Ave Single Family 1,185 B
806 Summit Blvd Single Family 811 B
827 Fernwood Dr Single Family 1,347 B
728 Fernwood Dr Single Family 884 B
716 Bunker Rd Office building, non-professional service building, one story 2,108 B
812 Summit Blvd Single Family 1,225 B
818 Fernwood Dr Single Family 1,194 B
734 Summit Blvd Single Family 1,230 B
715 Fernwood Dr Single Family 1,385 B
827 Bunker Rd Single Family 992 B
816 Summit Blvd Single Family 946 B
722 Fernwood Dr Single Family 1,393 B
832 Bunker Rd Single Family 937 B
717 Bunker Rd Single Family 768 B
730 Summit Blvd Single Family 1,312 B
824 Fernwood Dr Single Family 937 B
5615 Lake Ave Single Family 1,831 B
831 Fernwood Dr Single Family 1,223 B
805 Glenridge Dr Single Family 1,056 B
820 Summit Blvd Single Family 768 B
831 Bunker Rd Single Family 974 B
735 Glenridge Dr Single Family 1,370 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 39 of all properties in this area. This suggests it would appeal to someone earning around $37,557 per year who should qualify for a mortgage between $75,114 and $93,893.

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 39 of all properties in this area. This corresponds to a rent of $915 per month and a monthly household income of $2,618 ($31,416 per year)

Nearby Companies

Ayamey Cleaning Corp
727 Bunker Rd
Reyes Bautista Services Inc
818 Fernwood Dr
Sac'S General Sales LLC
715 Fernwood Dr
Serk Inc.
716 Bunker Rd
Km Transportation, Inc.
720 Bunker Rd
Triple S Homes, LLC
722 Bunker Rd
Fox Digital Management LLC
832 Fernwood Dr
Alonso'S Repair Corp
824 Bunker Rd
Disclaimers and Disclosures

Public Records Data

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