1120 Outrigger 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 | |
|---|---|---|---|---|
| 1110 Outrigger Dr | Single Family | 1,496 | C |
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| 1130 Outrigger Dr | Single Family | 1,487 | C |
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| 1115 Typhoon Dr | Single Family | 1,188 | C |
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| 1125 Typhoon Dr | Single Family | 1,720 | C |
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| 1105 Typhoon Dr | Single Family | 1,487 | C |
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| 1140 Outrigger Dr | Single Family | 1,496 | C |
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| 1115 Outrigger Dr | Single Family | 1,393 | C |
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| 1100 Outrigger Dr | Single Family | 1,668 | C |
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| 1105 Outrigger Dr | Single Family | 1,487 | C |
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| 1125 Outrigger Dr | Single Family | 1,188 | C |
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| 1135 Typhoon Dr | Single Family | 1,496 | C |
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| 1095 Typhoon Dr | Single Family | 1,188 | C |
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| 1095 Outrigger Dr | Single Family | 1,678 | C |
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| 1135 Outrigger Dr | Single Family | 1,487 | C |
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| 1150 Outrigger Dr | Single Family | 1,188 | C |
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| 1145 Typhoon Dr | Single Family | 1,444 | C |
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| 1120 Typhoon Dr | Single Family | 1,496 | C |
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| 1120 Molaki Dr | Single Family | 1,487 | C |
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| 1110 Molaki Dr | Single Family | 1,720 | C |
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| 1110 Typhoon Dr | Single Family | 1,188 | C |
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| 1130 Typhoon Dr | Single Family | 1,380 | C |
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| 1130 Molaki Dr | Single Family | 1,327 | C |
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| 1145 Outrigger Dr | Single Family | 1,414 | C |
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| 1085 Outrigger Dr | Single Family | 1,400 | C |
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| 1100 Molaki Dr | Single Family | 1,513 | C |
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| 1140 Typhoon Dr | Single Family | 1,188 | C |
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| 1140 Molaki Dr | Single Family | 1,487 | C |
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| 1100 Typhoon Dr | Single Family | 1,550 | C |
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| 1160 Outrigger Dr | Single Family | 1,496 | C |
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| 285 Wainai Dr | Single Family | 2,181 | C |
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| 295 Wainai Dr | Single Family | 2,019 | C |
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| 1155 Typhoon Dr | Single Family | 1,188 | C |
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| 305 Wainai Dr | Single Family | 1,188 | C |
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| 1090 Molaki Dr | Single Family | 1,385 | C |
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| 1150 Typhoon Dr | Single Family | 1,496 | C |
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| 1150 Molaki Dr | Single Family | 1,384 | C |
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| 1155 Outrigger Dr | Single Family | 1,188 | C |
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| 1115 Mai Kai Dr | Single Family | 1,400 | C |
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| 315 Wainai Dr | Single Family | 1,951 | C |
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| 1105 Mai Kai Dr | Single Family | 1,496 | C |
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| 1125 Mai Kai Dr | Single Family | 1,188 | C |
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| 1135 Mai Kai Dr | Single Family | 1,496 | C |
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| 1095 Mai Kai Dr | Single Family | 1,848 | C |
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| 1080 Molaki Dr | Single Family | 1,720 | C |
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| 1170 Outrigger Dr | Single Family | 1,487 | C |
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| 1160 Typhoon Dr | Single Family | 1,188 | C |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 330 Surfspray Dr | .11 | 1,188 | $690,000 |
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| 850 Courtenay Pkwy N | .54 | 1,680 | $795,000 |
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| 1395 Courtenay Pkwy N | 1.06 | 1,350 | $179,900 |
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| 230 Merritt Island Cswy E | 1.35 | 16,200 | $3,149,900 |
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| 260 Tropical Trl N | 1.36 | 10,413 | $2,149,900 |
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| 76 Merritt Island Cswy E | 1.38 | 12,444 | $3,149,900 |
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| 2097 Hidden Grove Ln | 1.5 | 1,530 | $258,900 |
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| 2107 Hidden Grove Ln | 1.53 | 1,454 | $235,000 |
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| 440 Merritt Island Cswy W | 1.56 | 1,066 | $899,000 |
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| 777 Merritt Island Cswy E | 1.63 | 627,156 | $129,000 |
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| 2460 Courtenay Pkwy N | 1.85 | 15,428 | $2,399,900 |
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| 160 Venetian Way | 1.97 | 18,120 | $3,199,900 |
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| 160 Bounty St | 2.01 | 704 | $115,000 |
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| 84 Banana River Dr S | 2.36 | 0 | $1,850,000 | |
| 461 Forrest Ave | 2.55 | 3,762 | $769,900 |
|
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 13 of all properties in this area. This suggests it would appeal to someone earning around $28,222 per year who should qualify for a mortgage between $56,444 and $70,555.
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 13 of all properties in this area. This corresponds to a rent of $645 per month and a monthly household income of $2,567 ($30,804 per year)
Nearby Companies
310 Mikado Dr
315 Wainai Dr
325 Wainai Dr
1140 Molaki Dr
1125 Typhoon Dr
1145 Typhoon Dr
1105 Maikai Dr