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 
8125 Sw Yachtsmans Drive Single Family 2,066 B
2005 Sw Panther Trce Single Family 2,494 C
1999 Sw Panther Trce Single Family 2,239 C
2011 Sw Panther Trce Single Family 2,084 C
8137 Sw Yachtsmans Drive Single Family 2,065 B
8121 Sw Yachtsmans Drive Single Family 1,780 C
1993 Sw Panther Trce Single Family 2,420 C
8126 Sw Yachtsmans Drive Single Family 2,563 B
2017 Sw Panther Trce Single Family 2,239 C
1987 Sw Panther Trce Single Family 2,494 C
8299 Sw Skipper Dr Single Family 3,261 B
8122 Sw Yachtsmans Drive Single Family 2,733 C
2198 Sw Mainsail Terrace Single Family 2,563 B
8141 Sw Yachtsmans Drive Single Family 2,779 B
2000 Sw Panther Trce Single Family 2,558 C
2006 Sw Panther Trce Single Family 3,491 C
1994 Sw Panther Trce Single Family 3,580 C
1981 Sw Panther Trce Single Family 2,494 C
2012 Sw Panther Trce Single Family 3,580 C
8133 Sw Yachtsmans Drive Single Family 1,991 B
8295 Sw Skipper Drive Single Family 0 C
2194 Sw Mainsail Terrace Single Family 2,563 B
2029 Sw Panther Trce Single Family 3,580 C
8118 Sw Yachtsmans Drive Single Family 1,991 C
1988 Sw Panther Trce Single Family 3,580 C
8145 Sw Yachtsmans Drive Single Family 2,200 B
8300 Sw Skipper Drive Single Family 2,461 B
1975 Sw Panther Trce Single Family 4,323 C
8389 Sw Snapdragon Ct Single Family 3,431 C
2035 Sw Panther Trce Single Family 2,420 C
2197 Sw Mainsail Ter Single Family 2,241 B
8291 Sw Skipper Drive Single Family 2,675 B
8114 Sw Yachtsmans Drive Single Family 2,563 B
2190 Sw Mainsail Terrace Single Family 2,639 B
8146 Sw Yachtsmans Drive Single Family 2,435 B
2193 Sw Mainsail Terrace Single Family 2,563 B

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 80 of all properties in this area. This suggests it would appeal to someone earning around $147,378 per year who should qualify for a mortgage between $294,756 and $368,445.

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 80 of all properties in this area. This corresponds to a rent of $1,306 per month and a monthly household income of $4,593 ($55,116 per year)

Nearby Companies

Sharon Keeler Gisriel, P.A.
8125 Sw Yachtsmans Dr
John Patrick Gisriel, P.A.
8125 Sw Yachtsmans Dr
Butterfly Rose Properties, LLC
2177 Sw Mainsail Ter
Gulfstream Realty Services, Inc.
1987 Sw Panther Trce
Anne Warner, Pllc
8340 Sw Sundance Cir
Sean W. Quinn, Pa
8340 Sw Sundance Cir
Disclaimers and Disclosures

Public Records Data

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