5414 Garden Ave, 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 | |
|---|---|---|---|---|
| 5404 Garden Ave | Single Family | 1,962 | B |
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| 627 Bunker Rd | Multi-family - less than 10 units | 3,533 | B |
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| 5408 Garden Ave | Multi-family - less than 10 units | 1,466 | B |
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| 5423 Garden Ave | Multi-family - less than 10 units | 1,646 | B |
|
| 620 Wilmot St | Single Family | 1,221 | B |
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| 634 Bunker Rd | Single Family | 846 | B |
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| 630 Bunker Rd | Single Family | 1,216 | B |
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| 5411 Garden Ave | Single Family | 995 | B |
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| 624 Bunker Rd | Single Family | 1,089 | B |
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| 5409 Garden Ave | Single Family | 1,301 | B |
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| 705 Bunker Rd | Single Family | 1,265 | B |
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| 702 Bunker Rd | Store, one story | 1,572 | B |
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| 633 Wilmot St | Multi-family - less than 10 units | 1,660 | B |
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| 620 Bunker Rd | Single Family | 1,073 | B |
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| 5409 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2,132 | B |
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| 5407 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 391 | B |
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| 708 Bunker Rd | Multi-family - less than 10 units | 2,012 | B |
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| 5405 Garden Ave | Single Family | 1,072 | B |
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| 625 Wilmot St | Multi-family - less than 10 units | 2,624 | B |
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| 5512 Garden Ave | Multi-family - less than 10 units | 1,157 | B |
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| 5324 Garden Ave | Single Family | 928 | B |
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| 715 Bunker Rd | Single Family | 804 | B |
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| 621 Wilmot St | Single Family | 981 | B |
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| 5501 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,363 | B |
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| 5509 Garden Ave | Single Family | 1,599 | B |
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| 720 Bunker Rd | Repair service shop (excluding automotive) | 912 | B |
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| 629 Fernwood Dr | Single Family | 1,243 | B |
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| 710 Summit Blvd | Multi-family - less than 10 units | 1,604 | B |
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| 5320 Garden Ave | Single Family | 1,122 | B |
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| 717 Bunker Rd | Single Family | 768 | B |
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| 5554 Garden Ave | Single Family | 1,268 | B |
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| 5325 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 4,750 | B |
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| 5525 Garden Ave | Single Family | 1,168 | B |
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| 624 Kifer St | Multi-family - less than 10 units | 2,675 | B |
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| 716 Bunker Rd | Office building, non-professional service building, one story | 2,108 | B |
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| 716 Summit Blvd | Single Family | 859 | B |
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| 5517 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,117 | B |
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| 5316 Garden Ave | Multi-family - less than 10 units | 1,487 | B |
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| 5323 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 1,750 | B |
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| 5555 Garden Ave | Multi-family - less than 10 units | 2,315 | B |
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| 5400 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 4,846 | B |
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| 723 Bunker Rd | Single Family | 1,484 | B |
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| 5317 Garden Ave | Single Family | 960 | B |
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| 711 Fernwood Dr | Single Family | 1,312 | B |
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| 720 Summit Blvd | Single Family | 1,769 | B |
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| 722 Bunker Rd | Single Family | 865 | B |
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| 632 Fernwood Dr | Multi-family - less than 10 units | 1,812 | B |
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| 5390 Georgia Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 3,648 | B |
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| 612 Bunker Rd | Light manufacturing | 4,100 | B |
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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 58 of all properties in this area. This suggests it would appeal to someone earning around $57,393 per year who should qualify for a mortgage between $114,786 and $143,483.
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 58 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $3,016 ($36,192 per year)
Nearby Companies
5414 Garden Ave
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727 Bunker Rd
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715 Bunker Rd
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5501 Georgia Ave
5501 Georgia Ave
5501 Georgia Ave
634 Bunker Rd
716 Bunker Rd
716 Bunker Rd
724 Bunker Rd
5500 Georgia Ave
704 Bunker Rd
720 Bunker Rd
722 Bunker Rd
722 Bunker Rd