245 Quail 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 | |
|---|---|---|---|---|
| 255 Quail Dr | Single Family | 1,424 | B |
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| 235 Quail Dr | Single Family | 1,975 | B |
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| 515 Buttonwood Dr | Single Family | 1,796 | B |
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| 265 Quail Dr | Single Family | 1,781 | B |
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| 505 Buttonwood Dr | Single Family | 1,652 | B |
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| 525 Buttonwood Dr | Single Family | 2,303 | B |
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| 240 Quail Dr | Single Family | 1,844 | B |
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| 250 Quail Dr | Single Family | 1,606 | B |
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| 495 Buttonwood Dr | Single Family | 1,599 | B |
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| 275 Quail Dr | Single Family | 1,851 | B |
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| 570 Buttonwood Dr | Single Family | 1,448 | B |
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| 260 Quail Dr | Single Family | 1,684 | B |
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| 580 Buttonwood Dr | Single Family | 1,378 | B |
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| 560 Buttonwood Dr | Single Family | 1,850 | B |
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| 235 Alaska Rd | Single Family | 1,952 | C |
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| 485 Buttonwood Dr | Single Family | 2,004 | B |
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| 590 Buttonwood Dr | Single Family | 1,378 | B |
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| 550 Buttonwood Dr | Single Family | 1,682 | B |
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| 270 Quail Dr | Single Family | 1,896 | B |
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| 285 Quail Dr | Single Family | 1,432 | B |
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| 245 Alaska Rd | Single Family | 1,446 | C |
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| 600 Buttonwood Dr | Single Family | 1,404 | B |
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| 255 Alaska Rd | Single Family | 1,066 | C |
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| 510 Buttonwood Dr | Single Family | 1,810 | B |
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| 520 Buttonwood Dr | Single Family | 1,648 | B |
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| 500 Buttonwood Dr | Single Family | 1,948 | B |
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| 280 Quail Dr | Single Family | 1,615 | B |
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| 475 Buttonwood Dr | Single Family | 1,811 | B |
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| 540 Buttonwood Dr | Single Family | 1,585 | B |
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| 265 Alaska Rd | Single Family | 1,846 | C |
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| 490 Buttonwood Dr | Single Family | 1,453 | B |
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| 295 Quail Dr | Single Family | 1,502 | B |
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| 610 Buttonwood Dr | Single Family | 1,300 | C |
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| 530 Buttonwood Dr | Single Family | 1,827 | B |
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| 480 Buttonwood Dr | Single Family | 1,470 | B |
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| 290 Quail Dr | Single Family | 1,907 | B |
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| 275 Alaska Rd | Single Family | 1,288 | C |
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| 188 Hurwood Ave | Single Family | 1,026 | C |
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| 240 Lura Ln | Mobile Home | 470 | C |
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| 620 Buttonwood Dr | Single Family | 1,152 | C |
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| 305 Quail Dr | Single Family | 1,417 | B |
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| 228 Lura Ln | Multi-family - less than 10 units | 918 | C |
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| 246 Lura Ln | Single Family | 1,155 | C |
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| 222 Lura Ln | Mobile Home | 480 | C |
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| 465 Buttonwood Dr | Single Family | 2,107 | B |
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| 256 Lura Ln | Mobile Home | 672 | C |
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| 195 Minna Ln | Single Family | 1,020 | C |
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| 199 Hurwood Ave | Single Family | 1,000 | C |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 260 Tropical Trl N | .38 | 10,413 | $2,149,900 |
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| 1395 Courtenay Pkwy N | .38 | 1,350 | $179,900 |
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| 850 Courtenay Pkwy N | .5 | 1,680 | $795,000 |
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| 975 Courtenay Pkwy N | .58 | 7,404 | $749,000 |
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| 440 Merritt Island Cswy W | .62 | 1,066 | $899,000 |
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| 76 Merritt Island Cswy E | .73 | 12,444 | $3,149,900 |
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| 230 Merritt Island Cswy E | .83 | 16,200 | $3,149,900 |
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| 330 Surfspray Dr | 1.15 | 1,188 | $690,000 |
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| 777 Merritt Island Cswy E | 1.43 | 627,156 | $129,000 |
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| 536 Delannoy Ave | 1.55 | 3,461 | $899,000 |
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| 461 Forrest Ave | 1.62 | 3,762 | $769,900 |
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| 250 Sykes Creek Pkwy S | 1.66 | 1,260 | $389,000 |
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| 657 Brevard Ave | 1.67 | 3,526 | $974,900 |
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| 2097 Hidden Grove Ln | 1.97 | 1,530 | $258,900 |
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| 2107 Hidden Grove Ln | 2.02 | 1,454 | $235,000 |
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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 27 of all properties in this area. This suggests it would appeal to someone earning around $44,504 per year who should qualify for a mortgage between $89,008 and $111,260.
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 27 of all properties in this area. This corresponds to a rent of $800 per month and a monthly household income of $3,118 ($37,416 per year)
Nearby Companies
235 Quail Dr
300 Quail Dr