522 28th 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 | |
|---|---|---|---|---|
| 520 28th St | Single Family | 1,281 | B |
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| 534 28th St | Single Family | 2,971 | B |
|
| 518 28th St | Single Family | 1,933 | B |
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| 525 27th St | Single Family | 1,820 | B |
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| 529 27th St | Single Family | 3,277 | A |
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| 521 27th St | Single Family | 2,154 | B |
|
| 516 28th St | Single Family | 2,814 | A |
|
| 523 28th St | Multi-family - less than 10 units | 2,739 | B |
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| 531 27th St | Multi-family - less than 10 units | 2,808 | B |
|
| 519 27th St | Single Family | 1,574 | B |
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| 531 28th St | Single Family | 2,491 | B |
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| 521 28th St | Single Family | 2,261 | B |
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| 535 28th St | Single Family | 1,897 | B |
|
| 538 28th St | Multi-family - less than 10 units | 1,580 | B |
|
| 2800 Broadway | Multi-family - 10 units or more | 6,593 | B |
|
| 517 27th St | Single Family | 1,834 | B |
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| 519 28th St | Single Family | 4,331 | B |
|
| 509 27th St | Single Family | 1,805 | B |
|
| 511 28th St | Single Family | 1,776 | B |
|
| 502 28th St | Single Family | 2,938 | B |
|
| 539 27th St | Multi-family - less than 10 units | 2,345 | B |
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| 505 27th St | Single Family | 2,171 | B |
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| 526 29th St | Single Family | 1,212 | B |
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| 522 29th St | Single Family | 1,725 | B |
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| 530 29th St | Single Family | 2,078 | B |
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| 2900 Broadway | Vacant Commercial | 0 | L | |
| 534 29th St | Single Family | 1,466 | B |
|
| 2901 Spruce Ave | Single Family | 1,849 | B |
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| 516 29th St | Single Family | 2,966 | B |
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| 501 27th St | Single Family | 1,739 | B |
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| 524 27th St | Single Family | 1,379 | B |
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| 532 27th St | Single Family | 3,469 | A |
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| 520 27th St | Single Family | 3,518 | A |
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| 1900 Okeechobee Blvd # C-8 | Multi-family - 10 units or more | 3,187 | B |
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| 510 29th St | Single Family | 1,353 | B |
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| 512 27th St | Single Family | 1,310 | B |
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| 442 28th St | Single Family | 2,722 | B |
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| 2823 Broadway | Vacant Commercial | 0 | L | |
| 510 27th St | Single Family | 3,535 | B |
|
| 2815 Broadway | Municipal Owned | 0 | L | |
| 2813 Broadway | Municipal Owned | 0 | L | |
| 2919 Spruce Ave | Single Family | 2,374 | B |
|
| 506 27th St | Single Family | 3,626 | B |
|
| 2803 Broadway | Municipal Owned | 0 | L | |
| 447 27th St | Single Family | 2,112 | B |
|
| 2901 Broadway | Sanitarium or convalescent rest home | 4,604 | B |
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| 445 28th St | Single Family | 1,799 | B |
|
| 601 27th St | Municipal Owned | 0 | L |
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 70 of all properties in this area. This suggests it would appeal to someone earning around $75,646 per year who should qualify for a mortgage between $151,292 and $189,115.
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 70 of all properties in this area. This corresponds to a rent of $1,199 per month and a monthly household income of $3,287 ($39,444 per year)
Nearby Companies
516 29th St
517 - 29th St
2800 Broadway
2901 Broadway
510 27th St
520 27th St
512 27th St
517 27th St
518 28th St
521 28th St