N Federal Hwy / Martin Luther King Jr Blvd median real estate price is $221,333, which is more expensive than 57.9% of the neighborhoods in Florida and 58.4% of the neighborhoods in the U.S.
The average rental price in N Federal Hwy / Martin Luther King Jr Blvd is currently $1,253, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.4% of Florida neighborhoods.
N Federal Hwy / Martin Luther King Jr Blvd is a suburban neighborhood (based on population density) located in Boynton Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
N Federal Hwy / Martin Luther King Jr Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Federal Hwy / Martin Luther King Jr Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in N Federal Hwy / Martin Luther King Jr Blvd. The current real estate vacancy rate here is 22.9%. This is higher than the rate of vacancies in 88.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.