150 Alhambra Pl, 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 | |
|---|---|---|---|---|
| 206 Alhambra Pl | Single Family | 4,500 | A |
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| 138 Alhambra Pl | Vacant Residential | 0 | L | |
| 155 Rutland Blvd | Single Family | 1,620 | B |
|
| 210 Alhambra Pl | Single Family | 1,396 | B |
|
| 201 Rutland Blvd | Single Family | 2,395 | B |
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| 134 Alhambra Pl | Single Family | 1,671 | B |
|
| 149 Rutland Blvd | Single Family | 1,613 | B |
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| 205 Rutland Blvd | Single Family | 1,151 | B |
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| 151 Alhambra Pl | Single Family | 2,153 | B |
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| 7623 Washington Rd | Single Family | 2,420 | B |
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| 214 Alhambra Pl | Single Family | 2,918 | B |
|
| 215 Rutland Blvd | Single Family | 1,465 | B |
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| 141 Rutland Blvd | Multi-family - less than 10 units | 2,944 | B |
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| 130 Alhambra Pl | Single Family | 4,892 | A |
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| 145 Alhambra Pl | Single Family | 2,104 | B |
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| 219 Rutland Blvd | Single Family | 1,514 | B |
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| 7615 Washington Rd | Single Family | 1,723 | B |
|
| 154 Rutland Blvd | Single Family | 1,178 | B |
|
| 222 Alhambra Pl | Single Family | 2,448 | B |
|
| 200 Rutland Blvd | Single Family | 1,362 | B |
|
| 7620 Washington Rd | Single Family | 2,317 | B |
|
| 209 Alhambra Pl | Single Family | 1,898 | B |
|
| 135 Rutland Blvd | Single Family | 2,429 | B |
|
| 146 Rutland Blvd | Single Family | 2,932 | B |
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| 204 Rutland Blvd | Single Family | 1,822 | B |
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| 131 Alhambra Pl | Single Family | 4,507 | B |
|
| 225 Rutland Blvd | Single Family | 1,391 | B |
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| 212 Rutland Blvd | Single Family | 1,778 | B |
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| 138 Rutland Blvd | Single Family | 1,225 | B |
|
| 7610 Washington Rd | Single Family | 1,438 | B |
|
| 7611 Washington Rd | Single Family | 1,531 | B |
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| 226 Alhambra Pl | Single Family | 2,261 | B |
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| 221 Alhambra Pl | Single Family | 1,741 | B |
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| 122 Alhambra Pl | Single Family | 2,527 | B |
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| 125 Rutland Blvd | Single Family | 1,342 | B |
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| 134 Rutland Blvd | Single Family | 2,072 | B |
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| 220 Rutland Blvd | Single Family | 1,719 | B |
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| 7909 Washington Rd | Single Family | 1,551 | B |
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| 157 Gregory Pl | Single Family | 1,633 | B |
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| 129 Alhambra Pl | Single Family | 3,107 | B |
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| 231 Rutland Blvd | Single Family | 1,695 | B |
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| 7605 Washington Rd | Single Family | 1,260 | B |
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| 153 Gregory Pl | Single Family | 1,664 | B |
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| 130 Rutland Blvd | Single Family | 2,103 | B |
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| 7600 Washington Rd | Single Family | 1,552 | B |
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| 146 Seville Rd | Vacant Residential | 1,581 | L |
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| 230 Alhambra Pl | Single Family | 1,527 | B |
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| 210 Seville Rd | Single Family | 1,325 | B |
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| 117 Rutland Blvd | Single Family | 1,477 | 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 89 of all properties in this area. This suggests it would appeal to someone earning around $146,194 per year who should qualify for a mortgage between $292,388 and $365,485.
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 89 of all properties in this area. This corresponds to a rent of $1,612 per month and a monthly household income of $4,313 ($51,756 per year)
Nearby Companies
251 Alhambra Pl
239 Rutland Blvd
235 Alhambra Pl
222 Alhambra Pl
214 Alhambra Pl
155 Rutland Blvd
7600 Washington Rd
7600 Washington Rd
149 Rutland Blvd
130 Rutland Blvd
130 Rutland Blvd
138 Rutland Blvd
141 Rutland Blvd
125 Alhambra Pl
134 Seville Rd
7907 Washington Rd
157 Gregory Pl
157 Gregory Pl
146 Rutland Blvd