Brevard County Real Estate - Satellite Beach

Satellite Beach is in East Central Florida. It's population as recorded in the 2010 Census was 10,109. Satellite Beach is approximately 54 miles from Orlando (population 238,300) and around 10 miles from Palm Bay (population 103,190).

The median age for residents of Satellite Beach is 46.4. Around 28.2% of Satellite Beach households include school aged children and 33.7% of households include individuals aged 65 years or over. Census records indicate 92.9% of the Satellite Beach population are White, 1.9% are Black or African American, .2% American Indian, 1.7% Asian and 2.2% are Two or more Races.

There are 4,953 housing units in Satellite Beach. 670 (13.5%) of these were reported as vacant in the 2010 Census. Satellite Beach is a tourist destination, 43.7% (293) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,233 residential rental units in Satellite Beach. 1,028 of them were occupied in 2010 providing a residential rental vacancy rate of 14.8%.

Satellite Beach 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

AddressTypeSq FtClass 
863 Hawksbill Island Dr Single Family 2,946 A
847 Hawksbill Island Dr Single Family 2,552 B
871 Hawksbill Island Dr Single Family 2,123 B
839 Hawksbill Island Dr Single Family 2,981 B
879 Hawksbill Island Dr Single Family 4,282 A
209 River Rd Single Family 1,450 B
213 River Rd Single Family 1,359 C
205 River Rd Single Family 1,440 C
878 Hawksbill Island Dr Single Family 3,827 B
831 Hawksbill Island Dr Single Family 2,922 A
201 River Rd Single Family 2,680 B
461 Neptune Dr N Single Family 1,952 C
838 Hawksbill Island Dr Single Family 2,447 B
846 Hawksbill Island Dr Single Family 0 A
870 Hawksbill Island Dr Single Family 2,522 B
830 Hawksbill Island Dr Single Family 2,464 B
854 Hawksbill Island Dr Single Family 2,392 B
823 Hawksbill Island Dr Single Family 3,309 B
862 Hawksbill Island Dr Single Family 3,580 B
458 Neptune Dr S Single Family 1,450 C
457 Neptune Dr N Single Family 1,330 C
454 Neptune Dr N Single Family 2,921 B
453 Neptune Dr S Single Family 2,232 C
822 Hawksbill Island Dr Single Family 3,200 B
963 Loggerhead Island Dr Single Family 3,241 A
955 Loggerhead Island Dr Single Family 2,463 B
971 Loggerhead Island Dr Single Family 3,653 A

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
10060 Tropical Trl S 1 2,364 $2,950,000
165 Churchill Ave 1.13 1,300 $460,000
10210 Tropical Trl S 1.15 4,691 $4,700,000
412 Dove Ln 1.55 1,668 $314,495
129 Third St Ne 1.78 912 $449,982
1616 Highway A1a 2.25 1,620 $759,000
3995 Harbor City Blvd N 2.41 0 $1,299,000
3995 Harbor City Blvd N 2.41 0 $1,199,000
3995 Harbor City Blvd N 2.41 0 $1,099,000
3995 Harbor City Blvd N 2.41 0 $1,200,000
4018 Highway 1 N 2.48 0 $249,900
3301 Harbor City Blvd N 2.63 0 $399,900
4680 Highway 1 N 2.64 0 $760,000
7890 Tropical Trl S 2.64 3,408 $1,750,000
3101 Harbor City Blvd N 2.82 15,839 $2,100,000

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 98 of all properties in this area. This suggests it would appeal to someone earning around $440,265 per year who should qualify for a mortgage between $880,530 and $1,100,663.

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 98 of all properties in this area. This corresponds to a rent of $2,510 per month and a monthly household income of $9,550 ($114,600 per year)

Nearby Companies

Msrb, Inc.
862 Hawksbill Island Dr
Carroll Ridgewood Management, LLC
847 Hawksbill Island Dr
Disclaimers and Disclosures

Public Records Data

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