640 Heather Stone Dr, Merritt Island
Brevard County Real Estate - Cocoa
Cocoa is in East Central Florida. It's population as recorded in the 2010 Census was 17,140. Cocoa is approximately 40 miles from Orlando (population 238,300) and around 26 miles from Palm Bay (population 103,190).
The median age for residents of Cocoa is 40. Around 28.6% of Cocoa households include school aged children and 30.5% of households include individuals aged 65 years or over. Census records indicate 59.1% of the Cocoa population are White, 31.3% are Black or African American, .5% American Indian, 1% Asian and 2.7% are Two or more Races.
There are 8,603 housing units in Cocoa. 1,367 (15.8%) of these were reported as vacant in the 2010 Census. There are 3,850 residential rental units in Cocoa. 3,150 of them were occupied in 2010 providing a residential rental vacancy rate of 17.4%.
Cocoa is located in Brevard Country, FL; north of Rockledge and west of Merritt Island. In 2002, Cocoa embarked on an intense annexation program, nearly doubling the city’s size to 14 square miles. The Census population figures do not include these annexed areas.
Some of Cocoa's biggest employers are: Beyel Brothers Crane & Rigging, Braden Kitchens, Brevard Community College, Brewer Paving & Development, CEMEX, and Coastal Steel. Beyel brothers Crane & Rigging is a Cocoa based company that offers heavy hauling and crane rentals. Braden Kitchens is also based in Cocoa, and offers kitchen cabinets. CEMEX provides cement and Coastal steel is a steel erection and fabrication company.
The biggest industries are trade, transportation and utilities and construction.
Cocoa links:
Links
Brevard County
Brevard County is located in the East Central Florida region, along with Orange, Volusia, Sumter, Seminole, Lake, and Osceola counties. There are many incorporated municipalities in Brevard. Cities include Cape Canaveral, Cocoa, Cocoa Beach, Indian Harbour Beach, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, and West Melbourne. The towns in Brevard are Grant-Valkaria, Indiatlantic, Malabar, Melbourne Beach, Melbourne Village, and Palm Shores. Brevard?s population is well over half a million.
Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. Top public sector employers for Brevard County are the Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc., United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation.
Kennedy Space Center is located on Merritt Island in Brevard County and provides many jobs for the area, as well as acting as a popular tourist destination. It is from this activity that Brevard takes its nickname, the Space Coast. Nicknamed "Space City USA", the city of Titusville is across the water from KSC. The city?s population is highly-educated. The city is a popular destination for visitors wishing to see spacecraft launches.
Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, the Merritt Island National Wildlife Refuge, and Cocoa Beach. Port Canaveral is serviced by Disney Cruise Lines, Carnival, and Royal Caribbean. Not just a tourist destination, the port is within a foreign trade zone.
In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. RealtyTrac rated Brevard as the best county in the United States for buyers in 2013 because of the low prices.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 638 Heather Stone Dr | Single Family | 1,630 | B |
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| 642 Heather Stone Dr | Single Family | 2,122 | B |
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| 2025 Worchester Way | Single Family | 1,975 | B |
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| 2015 Worchester Way | Single Family | 2,160 | B |
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| 2035 Worchester Way | Single Family | 2,156 | B |
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| 636 Heather Stone Dr | Single Family | 1,947 | B |
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| 644 Heather Stone Dr | Single Family | 1,642 | B |
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| 639 Heather Stone Dr | Single Family | 2,094 | B |
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| 2005 Worchester Way | Single Family | 2,150 | B |
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| 2045 Worchester Way | Single Family | 1,703 | B |
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| 641 Heather Stone Dr | Single Family | 1,926 | B |
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| 637 Heather Stone Dr | Single Family | 2,183 | B |
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| 634 Heather Stone Dr | Single Family | 2,163 | B |
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| 646 Heather Stone Dr | Single Family | 2,156 | B |
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| 643 Heather Stone Dr | Single Family | 1,926 | B |
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| 1995 Worchester Way | Single Family | 1,638 | B |
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| 635 Heather Stone Dr | Single Family | 2,086 | B |
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| 2055 Worchester Way | Single Family | 1,638 | B |
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| 632 Heather Stone Dr | Single Family | 2,078 | B |
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| 2020 Worchester Way | Single Family | 2,152 | B |
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| 645 Heather Stone Dr | Single Family | 1,638 | B |
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| 2010 Worchester Way | Single Family | 2,157 | B |
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| 2030 Worchester Way | Single Family | 2,157 | B |
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| 633 Heather Stone Dr | Single Family | 1,630 | B |
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| 1985 Worchester Way | Single Family | 2,152 | B |
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| 2000 Worchester Way | Single Family | 1,638 | B |
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| 2040 Worchester Way | Single Family | 1,638 | B |
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| 2025 Temple Ave | Single Family | 1,172 | C |
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| 2035 Temple Ave | Single Family | 1,730 | C |
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| 2015 Temple Ave | Single Family | 1,340 | C |
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| 630 Heather Stone Dr | Single Family | 1,642 | B |
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| 1990 Worchester Way | Single Family | 2,152 | B |
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| 2045 Temple Ave | Single Family | 1,302 | C |
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| 2050 Worchester Way | Single Family | 2,157 | B |
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| 651 Heather Stone Dr | Single Family | 2,172 | B |
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| 1975 Worchester Way | Single Family | 2,169 | B |
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| 2005 Temple Ave | Single Family | 2,327 | C |
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| 631 Heather Stone Dr | Single Family | 1,937 | B |
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| 647 Heather Stone Dr | Single Family | 2,156 | B |
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| 653 Heather Stone Dr | Single Family | 2,152 | B |
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| 649 Heather Stone Dr | Single Family | 2,171 | B |
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| 2055 Temple Ave | Single Family | 1,280 | C |
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| 1980 Worchester Way | Single Family | 1,703 | B |
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| 1849 Abbeyridge Dr | Single Family | 2,194 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 2097 Hidden Grove Ln | .1 | 1,530 | $258,900 |
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| 330 Surfspray Dr | 1.39 | 1,188 | $690,000 |
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| 850 Courtenay Pkwy N | 1.56 | 1,680 | $795,000 |
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| 3420 Courtenay Pkwy N | 1.78 | 27,700 | $3,150,000 |
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| 1395 Courtenay Pkwy N | 2.15 | 1,350 | $179,900 |
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| 260 Tropical Trl N | 2.25 | 10,413 | $2,149,900 |
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| 800 Fiske Blvd N | 2.48 | 600 | $44,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $44,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $44,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $50,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $50,900 |
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| 800 Fiske Blvd N | 2.48 | 600 | $44,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $50,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $50,900 |
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| 800 Fiske Blvd N | 2.48 | 850 | $44,900 |
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Local Household Income
The median household income in this part of Florida is $72,768. The bottom 10% of the population earn less than $23,880 per year. The top 10% earn more than $187,088 per year. The top 1% earn more than $641,838 per year. Most renters earn between $33,936 (20th percentile) and $61,692 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $145,536 and $181,920.
The tax assessed value of this property places it in percentile 46 of all properties in this area. This suggests it would appeal to someone earning around $66,617 per year who should qualify for a mortgage between $133,234 and $166,543.
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 $1,015. Most renters earn between $2,828 and $5,141 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $738 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 46 of all properties in this area. This corresponds to a rent of $980 per month and a monthly household income of $3,659 ($43,908 per year)
Nearby Companies
626 Heather Stone Dr
1841 Abbeyridge Dr