What type of rental buildings are in Palm City, FL?
In Palm City, 11% of the residents are renting compared to 89% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Palm City’s rentals, 55% are small-scale complexes with under 50 units, and 37% are single-family rentals.
What do typical apartment communities look like in Palm City, FL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Palm City are about 26 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Palm City, FL?
Studio apartments in Palm City are around 0% of rentals, while 1-bedroom floor plans represent 12% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 62% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Living in Palm City, FL
Palm City is strategically situated on Florida's east coast, approximately 40 miles north of West Palm Beach and directly across the St. Lucie River from Stuart. This proximity to major cities along with various natural landmarks, including the Atlantic Ocean and the Okeechobee Lake, makes it an appealing locale. The local economy is supported significantly by sectors like retail, healthcare, and education, drawing a diverse range of professionals.
The area is known for its scenic landscapes, particularly evident in its well-maintained parks such as Leighton Park and Jock Leighton Park, which offer ample space for outdoor activities like kayaking, fishing, and picnicking. Palm City is also home to a thriving arts scene, with numerous galleries and venues that host regular cultural events. Historical features enrich the city, with structures dating back to the early 20th century, providing a glimpse into its developmental years. The city boasts a variety of dining options, from seafood-centric eateries owing to its coastal location to international cuisine reflecting its diverse population. Educational opportunities are robust with several well-regarded public schools within the Martin County School District, alongside private institutions.
Renting in Palm City, FL
Renters in Palm City will find a range of options from single-family homes to modern apartments. The architecture across neighborhoods varies, with some featuring traditional Floridian styles with airy porches and others showcasing contemporary designs. Downtown Palm City is ideal for those who appreciate close proximity to dining and cultural attractions, often preferred by young professionals. Meanwhile, the more suburban parts like Copperleaf and Canopy Creek are favored by families, offering spacious homes and access to good schools.
Shopping in Palm City, FL
Palm City provides a diverse shopping experience with several major centers and unique districts. The Treasure Coast Square, located a short drive away, offers a variety of stores ranging from high fashion to electronics. For a more unique shopping experience, the downtown area features boutiques and artisan shops specializing in local crafts and unique finds. Common grocery chains such as Publix and Winn-Dixie are readily available for daily needs, supplemented by local markets offering fresh produce.
Transportation in Palm City, FL
The city is serviced by several major roads including the Florida Turnpike, making it accessible by car. Public transportation options are relatively limited with a few bus services connecting to broader Martin County. For more extensive travel needs, the nearby Stuart airport provides regional flights, and international travelers can access larger airports in West Palm Beach and Orlando. Navigation within the city is straightforward with roads well-maintained and traffic typically light, making personal vehicles the most convenient mode of transportation.
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