412 El Prado, 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 | |
---|---|---|---|---|
416 El Prado | Single Family | 1,536 | B | |
3319 S Dixie Hwy | Store, one story | 5,522 | B | |
420 El Prado | Single Family | 1,174 | B | |
411 El Vedado | Single Family | 1,628 | B | |
415 El Vedado | Single Family | 1,231 | B | |
419 El Vedado | Single Family | 1,567 | B | |
422 El Prado | Multi-family - less than 10 units | 1,653 | B | |
413 El Prado | Single Family | 1,232 | B | |
417 El Prado | Multi-family - less than 10 units | 1,708 | B | |
423 El Vedado | Single Family | 1,408 | B | |
421 El Prado | Single Family | 1,354 | B | |
428 El Prado | Multi-family - less than 10 units | 2,164 | B | |
425 El Prado | Multi-family - less than 10 units | 1,351 | B | |
3301 S Dixie Hwy | Store, one story | 5,545 | B | |
425 El Vedado | Single Family | 2,232 | B | |
3318 S Dixie Hwy | Repair service shop (excluding automotive) | 4,500 | B | |
432 El Prado | Single Family | 1,206 | B | |
3306 S Dixie Hwy | Store, one story | 2,000 | B | |
427 El Prado | Single Family | 1,649 | B | |
410 Avenida Hermosa | Single Family | 984 | B | |
408 El Vedado | Single Family | 1,531 | B | |
406 El Vedado | Single Family | 1,384 | B | |
431 El Vedado | Single Family | 1,255 | B | |
418 Avenida Hermosa | Multi-family - less than 10 units | 2,053 | B | |
3300 S Dixie Hwy | Store, one story | 5,159 | B | |
410 El Vedado | Single Family | 1,145 | B | |
429 El Prado | Single Family | 1,625 | B | |
3400 S Dixie Hwy | Restaurant, cafeteria | 1,830 | B | |
434 El Prado | Single Family | 1,073 | B | |
420 El Vedado | Multi-family - less than 10 units | 1,020 | B | |
422 Avenida Hermosa | Single Family | 1,195 | B | |
433 El Vedado | Single Family | 1,374 | B | |
424 El Vedado | Single Family | 1,741 | B | |
424 Avenida Hermosa | Single Family | 1,248 | B | |
3409 S Dixie Hwy | Mixed use - store and office or store and residential or residential combination | 19,125 | A | |
335 Greymon Dr | Single Family | 1,074 | C | |
438 El Prado | Single Family | 742 | C | |
437 El Prado | Multi-family - less than 10 units | 2,385 | B | |
3412 S Dixie Hwy | Store, one story | 3,682 | B | |
3246 S Dixie Hwy | Drive-in Restaurant | 1,038 | B | |
332 Greenwood Dr | Multi-family - less than 10 units | 2,512 | A | |
430 El Vedado | Single Family | 1,264 | B | |
432 Avenida Hermosa | Single Family | 1,578 | B | |
441 El Vedado | Single Family | 1,146 | B | |
415 Avenida Alegre | Single Family | 1,811 | B | |
350 Greymon Dr | Vacant Residential | 0 | L | |
329 Greymon Dr | Multi-family - less than 10 units | 2,061 | B | |
3416 S Dixie Hwy | Store, one story | 1,880 | B | |
432 El Vedado | Multi-family - less than 10 units | 2,013 | 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 72 of all properties in this area. This suggests it would appeal to someone earning around $79,239 per year who should qualify for a mortgage between $158,478 and $198,098.
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 72 of all properties in this area. This corresponds to a rent of $1,220 per month and a monthly household income of $3,396 ($40,752 per year)
Nearby Companies
3246 S Dixie Hwy
331 Greenwood Dr
3234 S Dixie Hwy
434 Avenida Hermosa
3300 S Dixie Highway Suite 1-365
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 South Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 South Dixie Hwy
3300 South Dixie Hwy
3300 South Dixie Hwy
3300 South Dixie Hwy
3300 South Dixie Hwy
3300 South Dixie Hwy
3300 S Dixie Hwy Ste 1
3300 S Dixie Hwy #1
3300 So Dixie Hwy
3300 South Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 South Dixie Hwy
3300 S Dixie Hwy
3300 South Dixie Highway Suite 1-159
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3300 S Dixie Hwy
3311 S Dixie Hwy
3315 South Dixie Hwy
3306 S Dixie Hwy
515 El Prado St
3415 S Dixie Hwy
3415 S Dixie Hwy
3415 S Dixie Hwy
3415 S Dixie Hwy
3516 South Dixie Hwy
3516 South Dixie Hwy
415 Avenida Alegre
415 Avenida Alegre
3412 S Dixie Hwy
3400 Dixie Blvd
3400 South Dixie Hwy
411 El Vedado
329 Greymon Dr
329 Greymon Dr
416 El Prado
3308 South Dixie Hwy