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 
2257 Sw Olympic Club Terr Single Family 1,533 C
2249 Sw Olympic Club Terr Single Family 1,428 C
2261 Sw Olympic Club Terr Single Family 1,428 C
2245 Sw Olympic Club Terr Single Family 1,486 C
2265 Sw Olympic Club Terr Single Family 1,492 C
3016 Sw Ellsworth Ave Vacant Residential 0 L
2246 Sw Olympic Club Terr Single Family 1,886 C
2241 Sw Olympic Club Terr Single Family 1,533 C
2269 Sw Olympic Club Terr Single Family 1,428 C
2242 Sw Olympic Club Terr Single Family 1,486 C
Sw Sunset Trl (24) Vacant Residential 0 L
3026 Sw Ellsworth Ave Single Family 2,602 C
2237 Sw Olympic Club Terr Single Family 1,867 C
2238 Sw Olympic Club Terr Single Family 1,428 C
2270 Sw Olympic Club Terr Single Family 1,428 C
2273 Sw Olympic Club Terr Single Family 1,533 C
2233 Sw Olympic Club Terr Single Family 1,428 C
2234 Sw Olympic Club Terr Single Family 1,533 C
3036 Sw Ellsworth Ave Vacant Residential 0 L
3037 Sw Virginia Ave Single Family 1,360 C
2274 Sw Olympic Club Terr Single Family 2,070 C
2078 Sw Sunset Trl Single Family 1,578 C
2277 Sw Olympic Club Terr Single Family 1,428 C
2230 Sw Olympic Club Terr Single Family 1,428 C
2229 Sw Olympic Club Terr Single Family 1,486 C
2278 Sw Olympic Club Terr Single Family 2,070 C
3047 Sw Virginia Ave Single Family 1,360 C
2281 Sw Olympic Club Terr Single Family 1,428 C
3046 Sw Ellsworth Ave Single Family 0 C
3018 Sw Virginia Av Single Family 1,280 C
2226 Sw Olympic Club Terr Single Family 1,428 C
2225 Sw Olympic Club Terr Single Family 1,460 C
2282 Sw Olympic Club Terr Single Family 1,428 C
2285 Sw Olympic Club Terr Single Family 1,428 C
3057 Sw Virginia Ave Single Family 1,888 C
2222 Sw Olympic Club Terr Single Family 1,480 C
3038 Sw Virginia Av Single Family 1,280 C
3056 Sw Ellsworth Ave Vacant Residential 0 L
2221 Sw Olympic Club Terr Single Family 1,492 C
2286 Sw Olympic Club Terr Single Family 1,533 C
2289 Sw Olympic Club Terr Single Family 1,428 C
2047 Sw Dovetail Terr Single Family 2,069 B
3067 Sw Virginia Ave Single Family 1,888 C
3048 Sw Virginia Av Single Family 1,280 C
2217 Sw Olympic Club Terr Single Family 1,486 C
2038 Sw Sunset Trl Single Family 1,067 C
2218 Sw Olympic Club Terr Single Family 1,451 C
3066 Sw Ellsworth Ave Single Family 0 C
2019 Sw Sunset Tr Single Family 2,529 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 56 of all properties in this area. This suggests it would appeal to someone earning around $84,130 per year who should qualify for a mortgage between $168,260 and $210,325.

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 56 of all properties in this area. This corresponds to a rent of $998 per month and a monthly household income of $3,496 ($41,952 per year)

Nearby Companies

Tjp Marine Consulting Inc
2038 Sw Sunset Trl
Palm Realty Of Port St. Lucie, Inc.
2278 Olympic Club Ter
Powers Plumbing Corp
3098 Sw Virginia Ave
Disclaimers and Disclosures

Public Records Data

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