1600 Sw Prosperity Way, 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 
1590 Sw Prosperity Way Single Family 3,100 C
1610 Sw Prosperity Way Single Family 3,158 C
1580 Sw Prosperity Way Single Family 3,743 C
1620 Sw Prosperity Way Single Family 3,422 C
1570 Sw Prosperity Way Single Family 3,452 C
1601 Sw Prosperity Way Single Family 2,912 C
1591 Sw Prosperity Way Single Family 3,743 C
1630 Sw Prosperity Way Single Family 3,119 B
1560 Sw Prosperity Way Single Family 3,186 C
1581 Sw Prosperity Way Single Family 3,743 C
1571 Sw Prosperity Way Single Family 3,100 C
1550 Sw Prosperity Way Single Family 3,743 B
1621 Sw Prosperity Way Single Family 3,356 C
1650 Sw Prosperity Way Single Family 4,126 B
1561 Sw Prosperity Way Single Family 3,158 C
1540 Sw Prosperity Way Single Family 2,560 B
1660 Sw Prosperity Way Single Family 4,216 C
1541 Sw Prosperity Way Single Family 3,743 C
1670 Sw Prosperity Way Single Family 4,151 C
1530 Sw Prosperity Way Single Family 3,272 C
1531 Sw Prosperity Way Single Family 3,356 B
1520 Sw Prosperity Way Single Family 2,560 B
1608 Sw Crossings Cir Single Family 1,430 C
1610 Sw Crossings Circle Single Family 1,430 C
1612 Sw Crossings Circle Single Family 1,167 C
1606 Sw Crossings Cir Single Family 1,528 C
1614 Sw Crossings Circle Single Family 1,441 C
1604 Sw Crossings Cir Single Family 1,239 C
1616 Sw Crossings Circle Single Family 1,469 C
1602 Sw Crossings Cir Single Family 1,211 C
1618 Sw Crossings Circle Single Family 1,351 C
1600 Sw Crossings Cir Single Family 1,164 C
1620 Sw Crossings Circle Single Family 1,442 C
1598 Sw Crossings Circle R Single Family 1,430 C
1622 Sw Crossings Ci Single Family 1,091 C
1595 Crossings Circle Single Family 1,430 C
1593 Crossings Circle Single Family 1,207 C
1624 Sw Crossings Ci Single Family 1,143 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 87 of all properties in this area. This suggests it would appeal to someone earning around $195,384 per year who should qualify for a mortgage between $390,768 and $488,460.

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 87 of all properties in this area. This corresponds to a rent of $1,494 per month and a monthly household income of $5,252 ($63,024 per year)

Nearby Companies

Diversified Realty Group Of The Treasure Coast, Inc.
1650 Sw Prosperity Way
Eileen G Enterprises, LLC
1650 Sw Prosperity Way
Eileen G. Builds, LLC
1650 Sw Prosperity Way
Pdg Realty, Inc.
1650 Sw Prosperity Way
Ocean Blue Home Watch , LLC
1630 Sw Prosperity Way
Fitchicks, Inc.
1620 Sw Prosperity Way
Hamilton Place Property Owners' Association Of Palm City, Inc.
1600 Sw Prosperity Way
Jason David Brands LLC
1541 Sw Prosperity Way
Rage Create LLC
1541 Sw Prosperity Way
Neat Alien LLC
1541 Sw Prosperity Way
Gear Hacker LLC
1541 Sw Prosperity Way
Matt Gallant Golf LLC
1604 Sw Crossing Cir
Disclaimers and Disclosures

Public Records Data

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