135 Rutland Blvd, West Palm Beach
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth 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 | |
|---|---|---|---|---|
| 141 Rutland Blvd | Multi-family - less than 10 units | 2,944 | B |
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| 125 Rutland Blvd | Single Family | 1,342 | B |
|
| 130 Alhambra Pl | Single Family | 4,892 | A |
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| 134 Rutland Blvd | Single Family | 2,072 | B |
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| 117 Rutland Blvd | Single Family | 1,477 | B |
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| 130 Rutland Blvd | Single Family | 2,103 | B |
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| 149 Rutland Blvd | Single Family | 1,613 | B |
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| 138 Rutland Blvd | Single Family | 1,225 | B |
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| 134 Alhambra Pl | Single Family | 1,671 | B |
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| 122 Alhambra Pl | Single Family | 2,527 | B |
|
| 120 Rutland Blvd | Single Family | 1,578 | B |
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| 146 Rutland Blvd | Single Family | 2,932 | B |
|
| Alhambra Pl | Vacant Residential | 0 | L | |
| 138 Alhambra Pl | Vacant Residential | 0 | L | |
| 155 Rutland Blvd | Single Family | 1,620 | B |
|
| 149 Gregory Pl | Single Family | 1,543 | B |
|
| 109 Rutland Blvd | Multi-family - less than 10 units | 3,125 | B |
|
| 145 Gregory Pl | Single Family | 1,418 | B |
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| 116 Alhambra Pl | Single Family | 2,019 | B |
|
| 153 Gregory Pl | Single Family | 1,664 | B |
|
| 141 Gregory Pl | Single Family | 4,163 | B |
|
| 108 Rutland Blvd | Single Family | 2,332 | B |
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| 154 Rutland Blvd | Single Family | 1,178 | B |
|
| 150 Alhambra Pl | Single Family | 2,079 | B |
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| 201 Rutland Blvd | Single Family | 2,395 | B |
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| 157 Gregory Pl | Single Family | 1,633 | B |
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| 139 Gregory Pl | Single Family | 2,100 | B |
|
| 200 Rutland Blvd | Single Family | 1,362 | B |
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| 102 Alhambra Pl | Single Family | 2,401 | B |
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| 131 Alhambra Pl | Single Family | 4,507 | B |
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| 129 Alhambra Pl | Single Family | 3,107 | B |
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| 206 Alhambra Pl | Single Family | 4,500 | A |
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| 145 Alhambra Pl | Single Family | 2,104 | B |
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| 135 Gregory Pl | Single Family | 2,672 | B |
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| 151 Alhambra Pl | Single Family | 2,153 | B |
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| 205 Rutland Blvd | Single Family | 1,151 | B |
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| 125 Alhambra Pl | Single Family | 2,358 | B |
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| 148 Gregory Pl | Single Family | 1,493 | B |
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| 204 Rutland Blvd | Single Family | 1,822 | B |
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| 150 Gregory Pl | Vacant Residential | 1,189 | L |
|
| 140 Gregory Pl | Single Family | 2,242 | B |
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| 101 Alhambra Pl | Single Family | 3,077 | B |
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| 100 Alhambra Pl | Single Family | 2,271 | A |
|
| 210 Alhambra Pl | Single Family | 1,396 | B |
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| 7909 Washington Rd | Single Family | 1,551 | B |
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| 156 Gregory Pl | Single Family | 3,046 | B |
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| 101 Rutland Blvd | Single Family | 3,388 | B |
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| 147 Gregory Rd | Single Family | 2,942 | B |
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| 131 Gregory Pl | Single Family | 1,564 | 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 90 of all properties in this area. This suggests it would appeal to someone earning around $158,251 per year who should qualify for a mortgage between $316,502 and $395,628.
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 90 of all properties in this area. This corresponds to a rent of $1,662 per month and a monthly household income of $4,434 ($53,208 per year)
Nearby Companies
214 Alhambra Pl
155 Rutland Blvd
149 Rutland Blvd
130 Rutland Blvd
130 Rutland Blvd
138 Rutland Blvd
109 Rutland Blvd
141 Rutland Blvd
125 Alhambra Pl
7907 Washington Rd
157 Gregory Pl
157 Gregory Pl
146 Rutland Blvd
147 Gregory Rd
140 Gregory Pl