Martin County Real Estate - Palm City

Palm City is in South East Florida. It's population as recorded in the 2010 Census was 23,120. Palm City is approximately 9 miles from Port Saint Lucie (population 164,603) and around 63 miles from Palm Bay (population 103,190).

The median age for residents of Palm City is 49.7. Around 27.9% of Palm City households include school aged children and 42.3% of households include individuals aged 65 years or over. Census records indicate 95.3% of the Palm City population are White, 1% are Black or African American, .1% American Indian, 1.5% Asian and 1.2% are Two or more Races.

There are 10,939 housing units in Palm City. 1,174 (10.7%) of these were reported as vacant in the 2010 Census. Palm City is a tourist destination, 39.6% (465) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,636 residential rental units in Palm City. 1,415 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.

Palm City links:

Martin County

Martin County is part of the southeast region of Florida, along with Indian River, St. Lucie, Miami-Dade, Palm Beach, Broward, and Monroe counties. Martin cities and towns are Stuart, Jupiter Island, Ocean Breeze, and Sewall's Point. Other communities of note include Hobe Sound, Indiantown, Jensen Beach, and Palm City. More than 140,000 people live in Martin County.

County targeted industries include aviation and aerospace, environmental/green technologies, marine industries, and headquarters. Top public sector employers are Martin County School District, Martin County, Florida State Government, City of Stuart, and Indian River State College. Private employers are Martin Memorial Healthcare Systems, Publix Supermarkets, Old Cell Phone, TurboCombustor Technologies Inc, and Florida Power and Light.

The county seat of Stuart is home to over 15,000. Known as the Sailfish Capital of the World, Stuart is a popular boating and fishing destination. Indeed, Ralph Evinrude, owner of Evinrude Outboard Motors, retired to nearby Jensen Beach.

Jupiter Island is a town located in the southeastern section of the county on the barrier island of the same name. Located off the coast of Hobe Sound, Jupiter Island is amongst the five wealthiest places per capita in the country. The town has been home to celebrities such as Tiger Woods, Celine Dion, and Alan Jackson.

Neighboring Properties

AddressTypeSq FtClass 
3095 Sw Edwards Av Single Family 800 C
3035 Sw Edwards Av Single Family 1,170 C
3050 Sw Edwards Av Single Family 784 C
3070 Sw Edwards Av Single Family 1,144 C
3090 Sw Edwards Av Single Family 1,008 C
3030 Sw Edwards Av Single Family 1,192 C
2320 Sw Sunset Tr Single Family 1,356 C
2300 Sw Sunset Tr Acreage not zoned agricultural with or without extra features 0 C
3109 Sw Edward Av Single Family 1,656 C
3110 Sw Edwards Av Single Family 1,376 C
2370 Sw Sunset Tr Single Family 1,926 C
3043 Sw Berry Av Single Family 1,937 C
3063 Sw Berry Av Single Family 1,278 C
3125 Sw Edwards Av Single Family 1,262 C
3083 Sw Berry Av Single Family 1,998 C
3023 Sw Berry Av Single Family 1,448 C
3120 Sw Edwards Av Single Family 1,692 C
3093 Sw Berry Av Single Family 1,150 C
2390 Sw Sunset Tr Single Family 1,686 C
3135 Sw Edwards Av Single Family 1,374 C
3113 Sw Berry Av Single Family 1,170 C
3130 Sw Edwards Av Single Family 1,412 C
2181 Sw Olympic Club Terr Single Family 1,428 C
2177 Sw Olympic Club Terr Single Family 1,504 C
2185 Sw Olympic Club Terr Single Family 1,533 C
2173 Sw Olympic Club Terr Single Family 1,451 C
2189 Sw Olympic Club Terr Single Family 1,428 C
2193 Sw Olympic Club Terr Single Family 1,480 C
2169 Sw Olympic Club Terr Single Family 1,451 C
3133 Berry Av Single Family 1,152 C
3069 Sw Hollis Av Single Family 1,216 C
2197 Sw Olympic Club Terr Single Family 1,451 C
3049 Sw Hollis Av 0 Single Family 1,216 C
Sw Hollis Av Single Family 1,216 C
2377 Sw Estella Terrace Single Family 1,741 C
3039 Sw Hollis Ave Single Family 1,216 C
2165 Sw Olympic Club Terr Single Family 1,504 C
2201 Sw Olympic Club Terr Single Family 1,556 C
3099 Sw Hollis Av Single Family 1,711 C
2385 Sw Estella Terrace Single Family 1,539 C
3009 Sw Captiva Court Single Family 2,057 B
3019 Sw Captiva Court Single Family 3,195 B
3010 Sw Captiva Court Single Family 3,224 B
2205 Sw Olympic Club Terr Single Family 1,504 C
3019 Sw Hollis Av Single Family 1,216 C
3201 Sw Cordoba Court Single Family 1,867 C
3003 Sw Marco Lane Single Family 2,948 B
2393 Sw Estella Terrace Single Family 1,814 C
3193 Sw Cordoba Court Single Family 1,846 C

Local Household Income

The median household income in this part of Florida is $73,204. The bottom 10% of the population earn less than $25,099 per year. The top 10% earn more than $265,762 per year. The top 1% earn more than $672,729 per year. Most renters earn between $28,200 (20th percentile) and $55,116 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $146,408 and $183,010.

The tax assessed value of this property places it in percentile 51 of all properties in this area. This suggests it would appeal to someone earning around $74,772 per year who should qualify for a mortgage between $149,544 and $186,930.

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 $955. Most renters earn between $2,350 and $4,593 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $706 (20th percentile) to $1,306 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 51 of all properties in this area. This corresponds to a rent of $961 per month and a monthly household income of $3,316 ($39,792 per year)

Nearby Companies

Parrott Services East Inc
2205 Sw Olympic Club Ter
Wendy Watson Services Inc
3039 Sw Hollis Ave
Chet'S Carpentry, LLC
3125 Sw Edwards Ave
Disclaimers and Disclosures

Public Records Data

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