438 26th St, West Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 434 26th St | Single Family | 1,159 | B |
 |
| 478 26th St | Single Family | 1,277 | B |
|
| 430 26th St | Single Family | 1,094 | B |
|
| 441 25th St | Light manufacturing | 1,894 | B |
|
| 437 25th St | Mixed use - store and office or store and residential or residential combination | 2,680 | B |
|
| 426 26th St | Multi-family - less than 10 units | 2,017 | B |
|
| 435 25th St | Store, one story | 3,250 | B |
|
| 2607 Spruce Ave | Multi-family - less than 10 units | 2,209 | B |
|
| 500 26th St | Single Family | 1,530 | B |
|
| 445 26th St | Single Family | 2,089 | B |
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| 429 25th St | Mixed use - store and office or store and residential or residential combination | 4,430 | B |
|
| 422 26th St | Single Family | 3,116 | B |
|
| 441 26th St | Single Family | 2,607 | B |
|
| 508 26th St | Multi-family - less than 10 units | 2,662 | B |
|
| 427 26th St | Single Family | 1,945 | B |
|
| 425 25th St | Restaurant, cafeteria | 1,180 | B |
|
| 2708 Spruce Ave | Single Family | 1,654 | B |
|
| 501 26th St | Single Family | 3,733 | B |
|
| 440 25th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 1,873 | B |
|
| 513 25th St | Store, one story | 4,172 | B |
|
| 444 25th St | Store, one story | 3,668 | B |
|
| 434 25th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2,340 | B |
|
| 423 26th St | Single Family | 1,888 | B |
|
| 505 26th St | Single Family | 2,787 | B |
|
| 414 26th St | Single Family | 1,553 | B |
|
| 514 26th St | Single Family | 1,971 | B |
|
| 432 25th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 6,240 | B |
|
| 417 25th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 3,950 | B |
|
| 509 26th St | Single Family | 2,863 | B |
|
| 500 25th St | Vacant Commercial | 0 | L | |
| 418 26th St | Single Family | 3,057 | B |
|
| 410 26th St | Single Family | 1,830 | B |
|
| 440 27th St | Single Family | 1,645 | B |
|
| 416 25th St | Mixed use - store and office or store and residential or residential combination | 3,268 | B |
|
| 436 27th St | Multi-family - less than 10 units | 1,657 | B |
|
| 442 27th St | Single Family | 3,134 | B |
|
| 515 26th St | Single Family | 1,347 | B |
|
| 430 27th St | Single Family | 2,563 | B |
|
| 425 24th St | Private school or college | 17,975 | B |
|
| 413 25th St | Store, one story | 2,488 | B |
|
| 516 26th St | Single Family | 2,850 | B |
|
| 508 25th St | Vacant Commercial | 0 | L | |
| 426 27th St | Single Family | 1,481 | B |
|
| 500 27th St | Single Family | 1,632 | B |
|
| 411 26th St | Single Family | 1,897 | B |
|
| 517 25th St | Store, one story | 1,860 | B |
|
| 2501 Spruce Ave | Vacant Commercial | 0 | L | |
| 517 26th St | Single Family | 2,371 | B |
|
| 424 27th St | Single Family | 939 | 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 84 of all properties in this area. This suggests it would appeal to someone earning around $117,759 per year who should qualify for a mortgage between $235,518 and $294,398.
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 84 of all properties in this area. This corresponds to a rent of $1,451 per month and a monthly household income of $3,922 ($47,064 per year)
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