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%.

West Palm Beach links:

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

AddressTypeSq FtClass 
529 32nd St Single Family 2,516 B
3300 Broadway Multi-family - 10 units or more 4,680 B
3308 Broadway Vacant Commercial 0 L
532 33rd St Single Family 1,337 B
525 32nd St Single Family 2,243 B
524 33rd St Single Family 3,271 B
3312 Broadway Vacant Commercial 0 L
522 33rd St Single Family 2,899 B
530 32nd St Single Family 2,700 B
3218 Broadway Vacant Commercial 0 L
528 32nd St Single Family 1,785 B
3316 Broadway Vacant Commercial 0 L
524 32nd St Single Family 1,459 B
520 33rd St Single Family 1,879 B
523 32nd St Single Family 3,212 B
518 33rd St Single Family 768 B
516 32nd St Single Family 3,576 A
512 33rd St Single Family 1,328 B
511 32nd St Single Family 2,363 A
525 33rd St Single Family 1,306 B
535 31st St Single Family 2,328 B
3301 Broadway Store, one story 2,134 B
523 33rd St Single Family 1,206 B
531 31st St Single Family 2,509 B
3311 Broadway Multi-family - less than 10 units 2,884 B
521 33rd St Single Family 1,472 B
525 31st St Single Family 1,259 B
512 32nd St Single Family 3,460 A
3315 Broadway Single Family 1,950 B
1900 Okeechobee Blvd Ste C8 Vacant Commercial 0 L
508 33rd St Single Family 2,800 B
3408 Broadway Multi-family - less than 10 units 3,343 B
519 33rd St Single Family 2,428 B
523 31st St Single Family 2,084 B
3217 Broadway Sanitarium or convalescent rest home 3,500 B
3317 Broadway Multi-family - less than 10 units 3,974 B
517 33rd St Single Family 2,937 B
521 31st St Single Family 1,400 B
504 33rd St Single Family 977 B
505 32nd St Single Family 3,381 A
519 31st St Single Family 2,144 B
515 33rd St Single Family 2,027 B
611 32nd St Single Family 2,429 B
601 33rd St Multi-family - less than 10 units 3,999 B
3215 Spruce Ave Single Family 3,423 B
3201 Broadway Multi-family - 10 units or more 7,084 B
3319 Spruce Ave Single Family 1,170 B
511 31st St Single Family 2,158 B
610 33rd St Multi-family - less than 10 units 1,847 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 72 of all properties in this area. This suggests it would appeal to someone earning around $79,239 per year who should qualify for a mortgage between $158,478 and $198,098.

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 72 of all properties in this area. This corresponds to a rent of $1,220 per month and a monthly household income of $3,396 ($40,752 per year)

Nearby Companies

Douglas Lehman, Inc.
515 33rd St
3404 Broadway LLC
3404 Broadway
519 31st. Street LLC
519 31st St
Maritime Inc
505 32nd St
Osprey Boat 2020 LLC
3319 Spruce Ave
Carson Cfa LLC
534 31st St
Karoge LLC
3201 Broadway
Eric A. Dieter, Inc.
535 31st St
Alao'S Art, LLC
639 32nd St
Mi Pais Express, Inc.
3301 Broadway Ave
Disclaimers and Disclosures

Public Records Data

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