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 
415 Nottingham Blvd Multi-family - less than 10 units 1,432 B
4115 S Dixie Hwy Auto sales, auto repair and storage or auto service shop 168 B
408 Malverne Rd Multi-family - less than 10 units 2,795 B
417 Nottingham Blvd Multi-family - less than 10 units 2,412 B
4101 S Dixie Hwy Auto sales, auto repair and storage or auto service shop 352 B
414 Malverne Rd Multi-family - less than 10 units 1,745 B
4201 S Dixie Hwy Hotel or motel 4,110 B
420 Malverne Rd Multi-family - less than 10 units 1,650 B
414 Nottingham Blvd Multi-family - less than 10 units 4,657 B
425 Nottingham Blvd Multi-family - less than 10 units 2,203 B
424 Malverne Rd Single Family 1,635 B
418 Nottingham Blvd Single Family 1,891 B
4100 S Dixie Hwy Professional service building 4,789 B
403 Malverne Rd Single Family 995 B
409 Malverne Rd Vacant Residential 0 L
4209 S Dixie Hwy Mixed use - store and office or store and residential or residential combination 2,440 B
429 Nottingham Blvd Single Family 1,817 B
4013 S Dixie Hwy Auto sales, auto repair and storage or auto service shop 1,800 B
415 Malverne Rd Vacant Residential 0 L
4200 S Dixie Hwy Store, one story 966 B
428 Malverne Rd Multi-family - less than 10 units 1,570 C
424 Nottingham Blvd Vacant Residential 0 L
421 Malverne Rd Single Family 1,758 B
430 Nottingham Blvd Single Family 1,238 B
433 Nottingham Blvd Multi-family - less than 10 units 1,920 B
349 Nottingham Blvd Single Family 1,047 B
425 Malverne Rd Multi-family - less than 10 units 1,768 B
434 Malverne Rd Multi-family - less than 10 units 1,198 C
346 Malverne Rd Multi-family - less than 10 units 1,768 C
350 Nottingham Blvd Multi-family - less than 10 units 2,154 B
4206 S Dixie Hwy Store, one story 3,728 B
429 Malverne Rd Single Family 1,052 B
4001 S Dixie Hwy Store, one story 5,981 B
418 Southern Blvd Store, one story 3,191 B
345 Nottingham Blvd Single Family 849 B
438 Malverne Rd Single Family 1,228 B
432 Nottingham Blvd Single Family 1,825 B
4000 S Dixie Hwy Service station 880 B
346 Nottingham Blvd Single Family 1,789 B
433 Malverne Rd Single Family 1,152 B
342 Malverne Rd Single Family 1,448 B
349 Pine Ter Multi-family - less than 10 units 2,270 C
441 Nottingham Blvd Single Family 1,277 B
440 Malverne Rd Single Family 1,049 B
341 Nottingham Blvd Single Family 959 B
342 Nottingham Blvd Multi-family - less than 10 units 1,898 B
439 Malverne Rd Single Family 809 B
432 Southern Blvd Store, one story 2,651 B
442 Nottingham Blvd Single Family 1,699 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 53 of all properties in this area. This suggests it would appeal to someone earning around $50,597 per year who should qualify for a mortgage between $101,194 and $126,493.

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 53 of all properties in this area. This corresponds to a rent of $1,025 per month and a monthly household income of $2,896 ($34,752 per year)

Nearby Companies

Craftmill Dental Laboratory, Inc.
4100 South Dixie Hwy
Dixie Petroleum Usa, Inc
4000 S Dixie Hwy
Rho Owl Investments, Inc.
4200 S Dixie Hwy
Sparler & Sparler, P.A.
4200 S Dixie Hwy
Sinn Enterprises, LLC
4212 South Dixie Hwy
Moya Photography, Inc.
4212 South Dixie Hwy
Pineapple Hospitality LLC
4201 South Dixie Hwy
Apollo Investments, Inc.
4201 S Dixie Hwy 1
416 Malverne, Inc.
416 Malverne Rd
Wrenchworx Auto, Inc.
432 Southern Blvd
Luonto Furniture, Inc.
4209 S Dixie Hwy
Disclaimers and Disclosures

Public Records Data

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