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 
1577 Sw Crossings Ci Single Family 1,119 C
1581 Sw Crossings Ci Single Family 1,091 C
1575 Sw Crossings Ci Single Family 1,243 C
1585 Sw Crossings Circle Single Family 1,430 C
1573 Sw Crossings Ci Single Family 1,119 C
1587 Crossings Circle Single Family 1,528 C
1571 Sw Crossing Cir Single Family 1,091 C
1589 Crossings Circle Single Family 1,282 C
1578 Sw Crossings Ci Single Family 1,143 C
1580 Sw Crossings Ci Single Family 1,081 C
1576 Sw Crossings Ci Single Family 1,091 C
1582 Sw Crossings Ci Single Family 1,143 C
1591 Crossings Circle Single Family 1,441 C
1584 Sw Crossings Ci Single Family 1,119 C
1586 Sw Crossings Ci Single Family 1,091 C
1593 Crossings Circle Single Family 1,207 C
1595 Crossings Circle Single Family 1,430 C
1598 Sw Crossings Circle R Single Family 1,430 C
1698 Sw Crossing Ci Single Family 1,091 C
1600 Sw Crossings Cir Single Family 1,164 C
1697 Sw Crossing Ci Single Family 1,143 C
1696 Sw Crossing Cir Single Family 1,418 C
1602 Sw Crossings Cir Single Family 1,211 C
1695 Sw Crossing Cir Single Family 1,081 C
1694 Sw Crossing Cir Single Family 1,143 C
1604 Sw Crossings Cir Single Family 1,239 C
1670 Sw Prosperity Way Single Family 4,151 C
1606 Sw Crossings Cir Single Family 1,528 C
1693 Sw Crossing Ci Single Family 1,091 C
1692 Sw Crossing Ci Single Family 1,091 C
1608 Sw Crossings Cir Single Family 1,430 C
1660 Sw Prosperity Way Single Family 4,216 C
1682 Crossings Ci Single Family 1,091 C
1610 Sw Crossings Circle Single Family 1,430 C
1680 Sw Crossings Ci Single Family 1,081 C
1612 Sw Crossings Circle Single Family 1,167 C
1700 Sw Crossings Cir Outdoor recreational or high-water recharge subject 0 C
1685 Sw Crossings Ci Single Family 1,091 C
1678 Crossings Ci Single Family 1,125 C
1687 Sw Crossing Ci Single Family 1,081 C
1621 Sw Prosperity Way Single Family 3,356 C
1689 Crossings Ci Single Family 1,143 C
1691 Sw Crossings Ci Single Family 1,091 C
1500 Sw Mapp Road 1532 Office building, non-professional service building, one story 14,990 B
1614 Sw Crossings Circle Single Family 1,441 C
1676 Sw Crossings Ci Single Family 1,091 C
1650 Sw Prosperity Way Single Family 4,126 B
1616 Sw Crossings Circle Single Family 1,469 C
1674 Crossings Ci Single Family 1,091 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 34 of all properties in this area. This suggests it would appeal to someone earning around $50,377 per year who should qualify for a mortgage between $100,754 and $125,943.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$36,845
$73,689
$110,534
$147,378
$50,377

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 34 of all properties in this area. This corresponds to a rent of $836 per month and a monthly household income of $2,778 ($33,336 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$200
$2,777
$5,355
$7,932
$10,509
$2,778
$836

Nearby Companies

Eileen G Enterprises, LLC
1650 Sw Prosperity Way
Eileen G. Builds, LLC
1650 Sw Prosperity Way
Pdg Realty, Inc.
1650 Sw Prosperity Way
Matt Gallant Golf LLC
1604 Sw Crossing Cir
Hi-C Investments, Ltd.
16554 Crossing Blvd Suite 4
Sail La Vie LLC
1581 Sw Crossing Cir
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

BESbswy