Melbourne, Florida

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Brevard County Real Estate - Melbourne

The City of Melbourne is located on east central Florida's Space Coast. Melbourne is about an hour's drive south of the Kennedy Space center, and 1-1/2 hours due east of Disney World. The City is in the southern portion of Brevard County. Interstate-95 runs through the county from north-to-south. Access roads from the west include the Beach line Expressway (formerly the Beeline) and US. 192, which runs through Melbourne to the beaches.

While most of Melbourne is located on the Florida mainland, a small portion is located on a barrier island. The Indian River Lagoon separates the mainland from the island. The island is a narrow strip of land that separates the Lagoon from the Atlantic Ocean. Spanning the Indian River Lagoon to connect the mainland to the barrier island are a pair of four-lane, high-rise bridges -- the Melbourne Causeway and the Eau Gallie Causeway.

The City is approximately 41 square miles in size, with about 75% of that land in use. The City of Melbourne population was 78,427 as of April 1, 2010, according to the University of Florida Bureau of Economic and Business Research. The population of Melbourne continues to grow at a modest rate. Melbourne is located at the center of a much larger urban area, the Palm Bay-Melbourne-Titusville, Florida Metropolitan Statistical Area.

Melbourne International Airport serves Florida's Space and Treasure Coasts with domestic and international passenger and air freight service. Melbourne International Airport is served by carriers including Delta Airlines and US Airways. The Airport also provides services including charter passenger flights, private aviation, and air freight flights. International services include U.S. Customs, I.N.S., and U.S.D.A.

The city was named Melbourne in honor of its first postmaster, Cornthwaite John Hector, an Englishman who had spent much of his life in Melbourne, Australia.

Melbourne contains defense and technology companies with a high concentration of high-tech workers. The following corporations have operations in Melbourne:

Melbourne has two downtown business districts, a result of the merger of Eau Gallie into Melbourne:

  • Downtown Eau Gallie Arts District
  • Historic Downtown Melbourne. Among other retail outlets, this has 26 eating and drinking establishments within a four block extent.

Melbourne is in East Central Florida. It's population as recorded in the 2010 Census was 76,068.

The median age for residents of Melbourne is 43.3. Around 23.5% of Melbourne households include school aged children and 32.4% of households include individuals aged 65 years or over. Census records indicate 80.9% of the Melbourne population are White, 10.3% are Black or African American, .3% American Indian, 3.1% Asian and 3.1% are Two or more Races.

There are 38,955 housing units in Melbourne. 4,915 (12.6%) of these were reported as vacant in the 2010 Census. There are 15,728 residential rental units in Melbourne. 13,725 of them were occupied in 2010 providing a residential rental vacancy rate of 12.5%.

Melbourne links:

Welcome to Visulate

Melbourne, Florida Real Estate

My name is Sue Goldthorp, owner and co-founder of Visulate. Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. We can help buy or sell real estate anywhere in Florida.

Contact us if you want to buy or sell real estate in Melbourne, Florida

  • Email:
  • Phone: (321) 453 7389

Melbourne is located in Brevard County. It has a population of approximately 76,068 people. The population increased 1.1% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 0.7% for Brevard County and a 1.7% increase for the country as a whole. Melbourne occupies 33.86 of the 1015.66 square miles in Brevard County. It had a population density of 2246.4 persons per square mile in 2010. This compared to 535 for the county, 350.6 for Florida and 87.4 for the country.

14.4% ( 38,955) of the 270,512 housing units in Brevard County are in Melbourne (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Melbourne has a 62.7% homeownership rate compared to Brevard County's 75.3% homeownership rate and Florida's rate of 69.0%.

RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Melbourne 76,068 $5,3211.1%$42,089 38,955$153,400

Melbourne's medium household income in 2011 was $42,089. Brevard County's medium household income was $50,068, which is higher than the medium income for Florida as a whole: $47,827. 14.4% of the population in Melbourne lives below the poverty line, compared to 14.7% in Florida, 11.2% of the population in Brevard County and 14.3% nationwide. Additional Information:

Melbourne Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Melbourne. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $5,321 million, Melbourne's economic activity represents 33.12% of Brevard County's $16,070MM in economic activity. Brevard County represents 2.55% of the Florida economy.

ActivityValue (Millions)Percentage
Manufacturers shipments $2,785 52.3%
Merchant wholesaler sales $676 12.7%
Retail sales $1,695 31.9%
Accommodation and food services sales $166 3.1%
Total $5,321100%

Brevard County Regional Comparisons

CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Cape Canaveral 9,912 $1660.1%$43,888 8,295$203,800
Cocoa 17,140 $7250.5%$33,411 8,603$128,500
Cocoa Beach 11,231 $2640.3%$53,951 8,866$295,700
Melbourne 76,068 $5,3211.1%$42,089 38,955$153,400
Merritt Island 34,743 $964X$58,528 17,036$215,700
Mims 7,058 $20X$47,161 3,530$130,900
Palm Bay 103,190 $3,8060.9%$44,768 45,220$138,600
Palm Bay 103,190 $3,8060.9%$44,768 45,220$138,600
Rockledge 24,926 $4952.0%$57,835 11,240$173,900
Satellite Beach 10,109 $681.4%$60,870 4,953$238,000
Titusville 43,761 $8110.4%$44,148 22,729$140,700

Brevard County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Brevard County represents 15.0% of the region's economy.

RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 268,685 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,145,956 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 93,420 $1,120 8.8% $44,817 55,988 $186,800
Total 3,369,551 $106,985 3.7% $48,812 1,531,448 $186,400

Melbourne Real Estate

There are 70,381 properties in Melbourne. The following table shows a summary of them based on 2013 sales data.

Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 86 0.12 1 $198,400 $88February 1st, 2013February 1st, 2013
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 2,063 2.93 0n/an/an/an/a
Health Care 33 0.05 0n/an/an/an/a
Hotel & Motel 33 0.05 2 $593,650 $38February 1st, 2013July 1st, 2013
Industrial 1,589 2.26 22 $150,000 $103January 1st, 2013July 1st, 2013
Miscellaneous Property 39 0.06 0n/an/an/an/a
Mobile/Manufactured 3,090 4.39 47 $37,900 $41January 1st, 2013August 1st, 2013
Multifamily 4,531 6.44 108 $22,600,000 $1,997January 1st, 2013August 1st, 2013
Office 1,586 2.25 58 $637,500 $481January 1st, 2013August 1st, 2013
Residential 52,630 74.78 2,329 $125,000 $79January 1st, 2013September 1st, 2013
Residential Property 0 0.00 0n/an/an/an/a
Retail 3,190 4.53 72 $1,470,350 $858January 1st, 2013July 1st, 2013
Senior Housing 73 0.10 2 $3,480,000 $31June 1st, 2013June 1st, 2013
Special Purpose 739 1.05 1 $450,000 $114February 1st, 2013February 1st, 2013
Sports & Entertaining 699 0.99 0n/an/an/an/a

Agricultural Real Estate in Melbourne, Florida

86( .12%) of the properties in Melbourne are classified as Agricultural. 1 of them sold between February 1st, 2013 and February 1st, 2013. The total value of these sales was $198,400. The median sales price was $198,400. In 2013 the median sales price for Agricultural in Melbourne was $88 per sq ft.

Commercial Real Estate in Melbourne, Florida

0( .00%) of the properties in Melbourne are classified as Commercial.

Government Real Estate in Melbourne, Florida

2,063( 2.93%) of the properties in Melbourne are classified as Government.

Health Care Real Estate in Melbourne, Florida

33( .05%) of the properties in Melbourne are classified as Health Care.

Hotel & Motel Real Estate in Melbourne, Florida

33( .05%) of the properties in Melbourne are classified as Hotel & Motel. 2 of them sold between February 1st, 2013 and July 1st, 2013. The total value of these sales was $1,187,300. The median sales price was $593,650. In 2013 the median sales price for Hotel & Motel in Melbourne was $38 per sq ft.

Industrial Real Estate in Melbourne, Florida

1,589( 2.26%) of the properties in Melbourne are classified as Industrial. 22 of them sold between January 1st, 2013 and July 1st, 2013. The total value of these sales was $12,048,400. The median sales price was $150,000. In 2013 the median sales price for A Class Industrial in Melbourne was $200 per sq ft, B Class properties sold for $103/ft and C Class $26/ft.

Miscellaneous Real Estate in Melbourne, Florida

39( .06%) of the properties in Melbourne are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Melbourne, Florida

3,090( 4.39%) of the properties in Melbourne are classified as Mobile/Manufactured. 47 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $1,784,100. The median sales price was $37,900. In 2013 the median sales price for A Class Mobile/Manufactured in Melbourne was $63 per sq ft, B Class properties sold for $41/ft and C Class $22/ft.

Multifamily Real Estate in Melbourne, Florida

4,531( 6.44%) of the properties in Melbourne are classified as Multifamily. 108 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $1,753,315,400. The median sales price was $22,600,000. In 2013 the median sales price for A Class Multifamily in Melbourne was $1,997 per sq ft, B Class properties sold for $1,997/ft and C Class $91/ft.

Office Real Estate in Melbourne, Florida

1,586( 2.25%) of the properties in Melbourne are classified as Office. 58 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $130,038,300. The median sales price was $637,500. In 2013 the median sales price for A Class Office in Melbourne was $1,499 per sq ft, B Class properties sold for $481/ft and C Class $114/ft.

Residential Real Estate in Melbourne, Florida

52,630( 74.78%) of the properties in Melbourne are classified as Residential. 2,329 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $782,895,263. The median sales price was $125,000. In 2013 the median sales price for A Class Residential in Melbourne was $118 per sq ft, B Class properties sold for $79/ft and C Class $37/ft.

Residential Real Estate in Melbourne, Florida

0( .00%) of the properties in Melbourne are classified as Residential.

Retail Real Estate in Melbourne, Florida

3,190( 4.53%) of the properties in Melbourne are classified as Retail. 72 of them sold between January 1st, 2013 and July 1st, 2013. The total value of these sales was $218,509,600. The median sales price was $1,470,350. In 2013 the median sales price for A Class Retail in Melbourne was $1,349 per sq ft, B Class properties sold for $858/ft and C Class $69/ft.

Senior Housing Real Estate in Melbourne, Florida

73( .10%) of the properties in Melbourne are classified as Senior Housing. 2 of them sold between June 1st, 2013 and June 1st, 2013. The total value of these sales was $6,960,000. The median sales price was $3,480,000. In 2013 the median sales price for Senior Housing in Melbourne was $31 per sq ft.

Special Purpose Real Estate in Melbourne, Florida

739( 1.05%) of the properties in Melbourne are classified as Special Purpose. 1 of them sold between February 1st, 2013 and February 1st, 2013. The total value of these sales was $450,000. The median sales price was $450,000. In 2013 the median sales price for Special Purpose in Melbourne was $114 per sq ft.

Sports & Entertaining Real Estate in Melbourne, Florida

699( .99%) of the properties in Melbourne are classified as Sports & Entertaining.

Melbourne, Brevard County Market Data

Property Usage Property CountTotal Sq Ft
Agricultural 86 117,922
Government Property 2,063 7,496,980
Health Care 33 2,330,566
Hotel & Motel 33 1,191,563
Industrial 1,589 16,004,216
Land 10,185 4,456,343
Miscellaneous Property 39 148,201
Mobile/Manufactured 3,090 1,441,388
Multifamily 4,531 33,902,872
Office 1,586 8,445,711
Residential 52,630 89,905,661
Retail 3,190 18,697,620
Senior Housing 73 2,066,922
Special Purpose 739 9,441,175
Sports & Entertaining 699 1,278,060

Melbourne Median Property Values per Sq Ft

  Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2013 5325 5311 535
1/2 Duplex Used As Sfr 2013 12910 10910 7810
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2013 56021 11611 1146
Auto sales, auto repair and storage or auto service shop 2013 23329 17914 1137
Bowling alley, skating rink, pool hall or enclosed arena 2013 5325 5311 535
Campground (Trailers, Campers & Tents) 2013 10625 10611 1065
Cannery, fruit and vegetable, bottler or brewers, distillery or winery 2013 8214 518 515
Car Wash 2013 10629 10614 1067
Centrally assessed 2013 11438 11414 1146
Childrens Home 2013 21321 10711 1076
Church 2013 8821 8811 886
Church Owned Educational Building 2013 21321 10711 1076
Club, lodge or union hall 2013 11421 11411 1146
Clubs, Lodges, And Union Halls 2013 21325 10711 1075
Co-Op Manufactured Home - Improved 2013 988 435 304
Co-Op Manufactured Housing Rental Lot W/Improvements (With Manufactured Home) 2013 988 435 304
Co-Op With Site Improvements 2013 178 175 174
College 2013 11431 11413 1146
College -Private 2013 21321 10711 1076
Commercial Improvement Not Suitable For Occupancy 2013 32414 3248 3245
Commercial Related Amenities 2013 32421 32411 3246
Commercial Shell Bldg (Condo) 2013 32414 3248 3245
Community Shopping Center 2013 17329 3614 367
Concrete / Asphalt Plant 2013 10614 1068 1065
Condominium 2013 8310 5310 3010
Condominium - Manufactured Home Park 2013 988 435 304
Condominium - Store 2013 1729 1714 177
Condominium - Warehousing 2013 21314 1078 1075
Condominium Not Suitable For Occupancy 2013 9810 4310 3010
Condominium Office Unit 2013 87625 43916 21110
Condominium Unit 2013 9810 4310 3010
Convalescent Home (Nursing Home) 2013 21323 10715 1079
Convenience Store 2013 32429 32414 3247
Convenience Store With Gas Pump 2013 32429 32414 3247
Cooperative 2013 2110 1710 1510
Country Club / Support Facilities 2013 10625 10611 1065
County Owned 2013 11431 11413 1146
County Owned Land-Improved (That Does Not Qualify In Another Code) 2013 2138 1075 1074
County Owned Land-Vacant (That Does Not Qualify In Another Code) 2013 2138 1075 1074
Day Care Center 2013 87623 43915 2119
Dealership Sales / Service Center 2013 10629 10614 1067
Department Store 2013 17329 3614 367
Duplex 2013 1715 179 175
Enclosed theater or auditorium 2013 5325 5311 535
Extended Stay Or Suite Hotel 2013 10651 10620 1066
Fast Food Restaurant 2013 85829 85814 8587
Federal Owned 2013 11431 11413 1146
Financial Institution 2013 85829 85814 8587
Financial Institution - Branch Facility 2013 85829 85814 8587
Financial institution (bank, saving and loan company, mortgage company, credit services) 2013 42429 42314 4237
Florist or greenhouse 2013 5329 5314 537
Food processing 2013 8214 518 515
Fraternity Or Sorority Home 2013 21321 10711 1076
Garage / Auto-Body /Auto Paint Shop 2013 10629 10614 1067
Garden Apartments - 1 Story - 50 Units And Up 2013 12915 1099 785
Golf Course 2013 10625 10611 1065
Golf course or driving range 2013 5325 5311 535
Government Undefined 2013 11431 11413 1146
Grazing Land - Soil Capability Class Ii Vacant 2013 21324 10713 1078
Grazing Land - Soil Capability Class Ii With Buildings Other Than Residence 2013 21324 10713 1078
Grazing Land - Soil Capability Class Ii With Residence 2013 21324 10713 1078
Grazing land soil capability Class II 2013 8824 8813 888
Grazing land soil capability Class III 2013 8824 8813 888
Home For The Aged 2013 21313 1079 1075
Home for the aged 2013 3713 269 265
Hospital -General-Privately Owned 2013 21323 10715 1079
Hotel or motel 2013 4951 2820 286
House And Mobile Home 2013 178 175 174
Improved Commercial Common Area 2013 32421 32411 3246
Improved Residential Common Area 2013 12910 10910 7810
Industrial 2011 8819 3812 107
Light Manufacturing,Small Equipt.Mfg. Plants,Sm.Machine Shops,Instrument Mfg., 2013 10614 1068 1065
Light manufacturing 2013 8214 518 515
Limited Service Hotel 2013 10651 10620 1066
Low Rise Apartments- 50 Units And Up- 2 Or 3 Stories 2013 12915 1099 785
Lumber yard, sawmill or planing mill 2013 8214 518 515
Manuf. Housing Park - 10 To 25 Spaces Rentals 2013 1068 1065 1064
Manuf. Housing Park - 101 To 150 Spaces Rentals 2013 1068 1065 1064
Manuf. Housing Park - 151 To 200 Spaces Rentals 2013 1068 1065 1064
Manuf. Housing Park - 201 & More Spaces Rentals 2013 1068 1065 1064
Manuf. Housing Park - 26 To 50 Spaces Rentals 2013 1068 1065 1064
Manuf. Housing Park - 51 To 100 Spaces Rentals 2013 1068 1065 1064
Manufactured Housing Rental Lot With Improvements (No Manufactured Home) 2013 1298 1095 784
Manufactured Housing-Double 2013 1298 1095 784
Manufactured Housing-Single 2013 1298 1095 784
Marinas 2013 87621 43911 2116
Military 2013 11431 11413 1146
Mineral Processing, Phosphate Processing Refinery, Clay Plant, Rock & Gravel 2013 10614 1068 1065
Mineral processing, cement plant,refinery, clay plants or gravel plant 2013 8214 518 515
Mini-Warehousing 2013 21314 1078 1075
Miscellaneous Residential (migrant camp or boarding home.) 2013 2151 1720 156
Mixed Use- Commercial Property 2013 32414 3248 3245
Mixed use - store and office or store and residential or residential combination 2013 17329 3614 367
Mobile Home 2013 638 425 274
Mortuary 2013 21321 10711 1076
Mortuary, cemetery or crematorium 2013 11421 11411 1146
Multi-Family Improvement Not Suitable For Occupancy 2013 1715 179 175
Multi-family - 10 units or more 2013 4015 409 405
Multi-family - less than 10 units 2013 21815 919 485
Multifamily 2011 6919 5412 337
Multiple Living Units (5 To 9 Units) 2013 1715 179 175
Multiple Living Units (5 To 9 Units)-Not Attached 2013 1715 179 175
Municipal Owned 2013 11431 11413 1146
Night Clubs, Cocktail Lounges, Bars 2013 10625 10611 1065
Nightclub, cocktail lounge or bar 2013 5325 5311 535
Nurserys-With Buildings Other Than Residence 2013 21324 10713 1078
Nurserys-With Residence 2013 21324 10713 1078
Office 2011 26119 8612 647
Office Building- Multi Tenant- 1 Story 2013 87625 43916 21110
Office Building- Multi Tenant- 2 Or More Stories 2013 87625 43916 21110
Office Building- Single Tenant- 1 Story 2013 32425 32416 32410
Office Building- Single Tenant- 2 Or More Stories 2013 87625 43916 21110
Office building, non-professional service building, multi-story 2013 84725 84716 84710
Office building, non-professional service building, one story 2013 45225 15616 9010
Open Storage, New And Used Building Supplies, Junk Yards, Auto Wrecking,Fuel 2013 21314 1078 1075
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2013 20014 1008 325
Ornamentals, miscellaneous agricultural 2013 8824 8813 888
Orphanage, other non-profit or charitable services 2013 3721 2611 266
Parking Lot - Patron 2013 10629 10614 1067
Parking lot (commercial or patron) or mobile home park 2010 39779309720 46875725 54439
Poultry, bees, tropical fish, rabbits, etc. 2013 8824 8813 888
Private school or college 2013 8821 8811 886
Privately owned hospital 2013 8823 8815 889
Professional Building- Multi Tenant- 1 Story 2013 87625 43916 21110
Professional Building- Multi Tenant- 2 Or More Stories 2013 87625 43916 21110
Professional Building- Single Tenant- 1 Story 2013 87625 43916 21110
Professional service building 2013 56025 11616 11410
Professional/Office Complex 2013 87625 43916 21110
Public county school 2013 11431 11413 1146
Quadruplex 2013 1715 179 175
Race track: horse, auto or dog 2013 5325 5311 535
Radio Or Tv Station 2013 87621 43911 2116
Regional Shopping Center 2013 17329 3614 367
Regional Shopping Mall 2013 32429 32414 3247
Repair service shop (excluding automotive) 2013 10629 3514 357
Residential Improvement Not Suitable For Occupancy 2013 12910 10910 7810
Residential Related Amenities 2013 12910 10910 7810
Restaurant / Cafeteria 2013 87629 43914 2117
Restaurant, cafeteria 2013 85829 39714 2847
Retail 2011 22919 9812 167
Retail Drugstore - Not Attached 2013 1729 1714 177
Retail Store - Multiple Units 2013 32429 32414 3247
Retail Store- 1 Unit 2013 1729 1714 177
Retirement Home not eligible for exemption. 2013 2113 179 155
Sanitarium or convalescent rest home 2013 11423 11415 1149
School -Private 2013 21321 10711 1076
School -Private-Church Owned 2013 21321 10711 1076
Service Shop, Radio & T.V. Repair, Refrigeration Service,Paint Shop, Elec 2013 10629 10614 1067
Service station 2013 10629 3514 357
Shopping Center 2010 10043 8555 6034
Shopping Complex - Community/ Neighborhood 2013 32429 32414 3247
Single Family 2013 11310 8110 4910
Single Family Residence 2013 12910 10910 7810
Special Purpose 2010 204620 204615 20465
State Owned 2013 11431 11413 1146
Store, one story 2013 37529 14014 467
Supermarket 2013 17329 3614 367
Theatre (Enclosed) 2013 10625 10611 1065
Three Or Four Living Units - Not Attached 2013 1710 1710 1710
Tourist attraction, permanent exhibit or other entertainment facilities 2013 5325 5311 535
Townhouse 2013 12910 10910 7810
Triplex 2013 1715 179 175
Two Residential Units - Not Attached 2013 1710 1710 1710
Used Automobile Sales 2013 10629 10614 1067
Utility 2013 11438 11414 1146
Warehouse - Flex Space 2013 21314 1078 1075
Warehouse Discount Store 2013 32429 32414 3247
Warehousing, Distribution_Terminal, Trucking Terminal, Van & Storage 2013 15114 1518 1515
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2013 20014 1008 325
Wholesale outlet, produce house or manufacturing outlet 2013 23329 17914 1137