2879 Sw Butterfly Ln, Palm City

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%.

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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 
2891 Sw Butterfly Ln Single Family 2,223 C
2867 Sw Butterfly Ln Single Family 2,456 C
2903 Sw Butterfly Ln Single Family 2,223 C
2482 Sw Silverado St Single Family 0 C
2915 Sw Butterfly Ln Single Family 2,289 C
2855 Sw Butterfly Ln Single Family 2,456 C
2880 Sw Butterfly Ln Single Family 3,257 C
2868 Sw Butterfly Ln Single Family 1,711 C
2892 Sw Butterfly Ln Single Family 3,257 C
2856 Sw Butterfly Ln Single Family 2,019 C
2927 Sw Butterfly Ln Single Family 2,223 C
2904 Sw Butterfly Ln Single Family 2,506 C
2481 Sw Silverado St Single Family 1,751 C
2868 Sw Venice Ct Single Family 2,456 C
2843 Sw Butterfly Ln Single Family 2,289 C
2856 Sw Venice Ct Single Family 2,223 C
2880 Sw Venice Ct Single Family 1,711 C
2844 Sw Butterfly Ln Single Family 2,289 C
2469 Sw Silverado St Single Family 2,741 C
2892 Sw Venice Ct Single Family 2,289 C
2916 Sw Butterfly Ln Single Family 2,885 C
2939 Sw Butterfly Ln Single Family 2,289 C
2904 Sw Venice Ct Single Family 2,456 C
2831 Sw Butterfly Ln Single Family 2,456 C
2832 Sw Venice Ct Single Family 2,456 C
2832 Sw Butterfly Ln Single Family 1,968 C
2928 Sw Butterfly Ln Single Family 2,741 C
2916 Sw Venice Ct Single Family 2,289 C
2951 Sw Butterfly Ln Single Family 2,456 C
2820 Sw Venice Ct Single Family 2,223 C
2819 Sw Butterfly Ln Single Family 2,223 C
2820 Sw Butterfly Ln Single Family 1,968 C
2928 Sw Venice Ct Single Family 2,456 C
2940 Sw Butterfly Ln Single Family 2,159 C
2916 Sw Mariposa Ci Single Family 1,612 B
2910 Sw Mariposa Ci Single Family 1,612 B
2922 Sw Mariposa Ci Single Family 1,764 B
2808 Sw Venice Ct Single Family 2,289 C
2475 Sw Murano Pl Outdoor recreational or high-water recharge subject 208 C
2904 Sw Mariposa Ci Single Family 1,656 B
2928 Sw Mariposa Ci Single Family 1,656 B
2963 Sw Butterfly Ln Single Family 2,456 C
2807 Sw Butterfly Ln Single Family 2,456 C
2940 Sw Venice Ct Single Family 2,019 C
2898 Sw Mariposa Ci Single Family 1,656 B
2934 Sw Mariposa Ci Single Family 1,764 B
2952 Sw Butterfly Ln Single Family 1,751 C
2889 Sw Venice Ct Single Family 2,223 C
2877 Sw Venice Ct Single Family 2,289 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 65 of all properties in this area. This suggests it would appeal to someone earning around $102,271 per year who should qualify for a mortgage between $204,542 and $255,678.

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 65 of all properties in this area. This corresponds to a rent of $1,092 per month and a monthly household income of $3,848 ($46,176 per year)

Nearby Companies

Christine Wilner LLC
2976 Sw Butterfly Ln
Aleja'S LLC
2819 Sw Butterfly Ln
M-Bella Interior Design, LLC
2975 Sw Butterfly Ln
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Public Records Data

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