5861 Nw 124 Way, Coral Springs
Palm Beach County Real Estate - Loxahatchee
Loxahatchee is in South East Florida. Loxahatchee is approximately 43 miles from Miami (population 399,457) and around 39 miles from Hialeah (population 224,669).
Loxahatchee 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 | |
|---|---|---|---|---|
| 5853 Nw 124 Way | Single Family | 2,745 | B |
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| 5865 Nw 124 Way | Single Family | 3,006 | B |
|
| 5871 Nw 124 Way | Single Family | 2,989 | B |
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| 5839 Nw 124 Way | Single Family | 2,686 | B |
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| 5882 Nw 123 Ave | Single Family | 3,033 | B |
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| 5874 Nw 123 Ave | Single Family | 3,622 | B |
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| 5875 Nw 124 Way | Single Family | 2,745 | B |
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| 5890 Nw 123 Ave | Single Family | 2,688 | B |
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| 5821 Nw 124 Way | Single Family | 3,196 | B |
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| 5866 Nw 123 Ave | Single Family | 3,250 | B |
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| 5906 Nw 123 Ave | Single Family | 3,315 | B |
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| 5879 Nw 124 Way | Single Family | 2,686 | B |
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| 5863 Nw 125 Ter | Single Family | 3,006 | B |
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| 5867 Nw 125 Ter | Single Family | 2,745 | B |
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| 5859 Nw 125 Ter | Single Family | 2,686 | B |
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| 5873 Nw 125 Ter | Single Family | 2,989 | B |
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| 5815 Nw 124 Way | Single Family | 2,686 | B |
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| 5851 Nw 125 Ter | Single Family | 2,745 | B |
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| 5912 Nw 123 Ave | Single Family | 2,688 | B |
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| 5877 Nw 125 Ter | Single Family | 2,804 | B |
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| 5858 Nw 123 Ave | Single Family | 3,526 | B |
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| 5843 Nw 125 Ter | Single Family | 2,745 | B |
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| 5881 Nw 124 Way | Single Family | 2,745 | B |
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| 5837 Nw 125 Ter | Single Family | 2,745 | B |
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| 5809 Nw 124 Way | Single Family | 2,989 | B |
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| 5918 Nw 123 Ave | Single Family | 3,033 | B |
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| 5827 Nw 125 Ter | Single Family | 3,196 | B |
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| 5852 Nw 123 Ave | Single Family | 3,033 | B |
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| 5875 Nw 123 Ave | Single Family | 2,688 | B |
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| 5801 Nw 124 Way | Single Family | 2,686 | B |
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| 5883 Nw 123 Ave | Single Family | 3,190 | B |
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| 5819 Nw 125 Ter | Single Family | 2,745 | B |
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| 5922 Nw 123 Ave | Single Family | 3,033 | B |
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| 5863 Nw 123 Ave | Single Family | 2,698 | B |
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| 5926 Nw 122 Dr | Single Family | 2,688 | B |
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| 5885 Nw 124 Way | Single Family | 3,060 | B |
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| 5811 Nw 125 Ter | Single Family | 2,745 | B |
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| 5846 Nw 123 Ave | Single Family | 3,190 | B |
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| 5928 Nw 123 Ave | Single Family | 3,033 | B |
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| 5851 Nw 123 Ave | Single Family | 3,033 | B |
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| 5893 Nw 124 Way | Single Family | 2,940 | B |
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| 5864 Nw 125 Ter | Single Family | 2,686 | B |
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| 5868 Nw 125 Ter | Single Family | 3,006 | B |
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| 5874 Nw 125 Ter | Single Family | 3,006 | B |
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| 5878 Nw 125 Ter | Single Family | 3,118 | B |
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| 5894 Nw 125 Ter | Single Family | 2,745 | B |
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| 5896 Nw 125 Ter | Single Family | 2,745 | B |
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| 12445 Nw 57 Ct | Single Family | 3,196 | B |
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| 5858 Nw 125 Ter | Single Family | 2,686 | B |
|
Local Household Income
The median household income in this part of Florida is $84,666. The bottom 10% of the population earn less than $25,890 per year. The top 10% earn more than $201,431 per year. The top 1% earn more than $564,745 per year. Most renters earn between $37,260 (20th percentile) and $67,668 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $169,332 and $211,665.
The tax assessed value of this property places it in percentile 66 of all properties in this area. This suggests it would appeal to someone earning around $116,007 per year who should qualify for a mortgage between $232,014 and $290,018.
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 $1,411. Most renters earn between $3,105 and $5,639 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,889 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 66 of all properties in this area. This corresponds to a rent of $1,617 per month and a monthly household income of $4,939 ($59,268 per year)
Nearby Companies
5843 Nw 125th Ter
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5874 Nw 123 Ave
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5851 Nw 123 Ave
5836 Nw 123rd Ave
5883 Nw 123 Ave
5919 Nw 122nd Dr
5919 Nw 122 Dr
12458 Nw 57th Ct
12448 Nw 57th Ct
5867 Nw 125th Ter