3501 S Dixie Hwy, 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 | |
---|---|---|---|---|
412 Avenida Alegre | Multi-family - less than 10 units | 1,711 | B | |
3515 S Dixie Hwy | Service station | 1,890 | B | |
414 Avenida Alegre | Single Family | 1,254 | B | |
411 Monroe Dr | Single Family | 1,146 | B | |
415 Monroe Dr | Multi-family - less than 10 units | 2,829 | A | |
3506 S Dixie Hwy | Store, one story | 2,283 | B | |
416 Avenida Alegre | Single Family | 850 | B | |
3500 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 1,450 | B | |
3512 S Dixie Hwy | Store, one story | 3,000 | B | |
3516 S Dixie Hwy | Store, one story | 1,612 | B | |
3409 S Dixie Hwy | Mixed use - store and office or store and residential or residential combination | 19,125 | A | |
417 Monroe Dr | Multi-family - less than 10 units | 2,630 | B | |
415 Avenida Alegre | Single Family | 1,811 | B | |
420 Avenida Alegre | Multi-family - less than 10 units | 2,854 | B | |
343 Monroe Dr | Store, one story | 1,147 | B | |
336 Edgewood Dr | Vacant Residential | 0 | L | |
3601 S Dixie Hwy | Store, one story | 6,200 | B | |
426 Avenida Alegre | Single Family | 1,852 | B | |
423 Avenida Alegre | Single Family | 1,631 | B | |
408 El Vedado | Single Family | 1,531 | B | |
3416 S Dixie Hwy | Store, one story | 1,880 | B | |
410 Monroe Dr | Single Family | 1,043 | B | |
423 Monroe Dr | Multi-family - less than 10 units | 2,041 | B | |
406 El Vedado | Single Family | 1,384 | B | |
412 Monroe Dr | Single Family | 832 | B | |
425 Avenida Alegre | Single Family | 1,078 | B | |
332 Edgewood Dr | Single Family | 1,423 | B | |
410 El Vedado | Single Family | 1,145 | B | |
416 Monroe Dr | Single Family | 1,265 | B | |
428 Avenida Alegre | Single Family | 1,903 | B | |
3412 S Dixie Hwy | Store, one story | 3,682 | B | |
429 Monroe Dr | Single Family | 1,329 | B | |
335 Edgewood Dr | Single Family | 1,868 | B | |
420 El Vedado | Multi-family - less than 10 units | 1,020 | B | |
420 Monroe Dr | Single Family | 1,436 | B | |
429 Avenida Alegre | Multi-family - less than 10 units | 1,770 | B | |
326 Edgewood Dr | Single Family | 1,979 | B | |
336 Monroe Dr | Multi-family - less than 10 units | 2,341 | B | |
333 Monroe Dr | Single Family | 1,761 | B | |
3611 S Dixie Hwy | Mixed use - store and office or store and residential or residential combination | 7,936 | A | |
424 El Vedado | Single Family | 1,741 | B | |
333 Edgewood Dr | Single Family | 2,037 | B | |
426 Monroe Dr | Single Family | 1,141 | B | |
3612 Morton Ave | Multi-family - less than 10 units | 2,214 | B | |
433 Monroe Dr | Single Family | 1,085 | B | |
432 Avenida Alegre | Multi-family - less than 10 units | 2,760 | B | |
3400 S Dixie Hwy | Restaurant, cafeteria | 1,830 | B | |
433 Avenida Alegre | Single Family | 1,169 | B | |
332 Monroe Dr | Single Family | 2,108 | 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.
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%.
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