325 Polaris Dr, Satellite Beach
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%.
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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 | |
|---|---|---|---|---|
| 321 Polaris Dr | Single Family | 1,631 | C |
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| 329 Polaris Dr | Single Family | 1,232 | C |
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| 324 Gemini Dr | Single Family | 1,518 | C |
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| 320 Gemini Dr | Single Family | 1,232 | C |
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| 328 Gemini Dr | Single Family | 1,398 | C |
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| 317 Polaris Dr | Single Family | 1,971 | C |
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| 333 Polaris Dr | Single Family | 1,079 | C |
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| 324 Polaris Dr | Single Family | 1,291 | C |
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| 328 Polaris Dr | Single Family | 1,284 | C |
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| 320 Polaris Dr | Single Family | 1,344 | C |
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| 316 Gemini Dr | Single Family | 1,284 | C |
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| 332 Gemini Dr | Single Family | 1,280 | C |
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| 332 Polaris Dr | Single Family | 1,291 | C |
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| 316 Polaris Dr | Single Family | 1,104 | C |
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| 337 Polaris Dr | Single Family | 1,560 | C |
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| 313 Polaris Dr | Single Family | 1,604 | C |
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| 312 Gemini Dr | Single Family | 1,398 | C |
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| 336 Gemini Dr | Single Family | 1,232 | C |
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| 325 Gemini Dr | Single Family | 1,546 | C |
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| 336 Polaris Dr | Single Family | 1,672 | C |
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| 321 Gemini Dr | Single Family | 1,472 | C |
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| 329 Gemini Dr | Single Family | 1,848 | C |
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| 312 Polaris Dr | Single Family | 1,102 | C |
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| 317 Gemini Dr | Single Family | 1,398 | C |
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| 333 Gemini Dr | Single Family | 1,079 | C |
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| 309 Polaris Dr | Single Family | 1,428 | C |
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| 341 Polaris Dr | Single Family | 2,234 | C |
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| 308 Gemini Dr | Single Family | 1,655 | C |
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| 531 Siena Ct | Condominium | 1,764 | A |
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| 527 Siena Ct | Condominium | 1,764 | A |
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| 526 Siena Ct | Condominium | 1,764 | A |
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| 528 Siena Ct | Condominium | 1,425 | A |
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| 529 Siena Ct | Condominium | 1,764 | A |
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| 340 Gemini Dr | Single Family | 1,823 | C |
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| 340 Polaris Dr | Single Family | 1,443 | C |
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| 524 Siena Ct | Vacant Residential | 0 | A | |
| 525 Siena Ct | Condominium | 2,235 | A |
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| 523 Siena Ct | Condominium | 1,764 | A |
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| 522 Siena Ct | Vacant Residential | 0 | A | |
| 520 Siena Ct | Vacant Residential | 0 | A | |
| 521 Siena Ct | Condominium | 1,764 | A |
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| 313 Gemini Dr | Single Family | 1,079 | C |
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| 337 Gemini Dr | Single Family | 1,232 | C |
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| 519 Siena Ct | Condominium | 2,235 | A |
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| 518 Siena Ct | Vacant Residential | 0 | A | |
| 530 Siena Ct | Condominium | 1,761 | A |
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| 502 Siena Ct | Improved Condominium Common Area | 0 | B | |
| 515 Siena Ct | Condominium | 1,764 | A |
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| 509 Siena Ct | Condominium | 1,764 | A |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 165 Churchill Ave | 1.03 | 1,300 | $460,000 |
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| 10060 Tropical Trl S | 1.31 | 2,364 | $2,950,000 |
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| 412 Dove Ln | 1.62 | 1,668 | $314,495 |
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| 129 Third St Ne | 1.74 | 912 | $449,982 |
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| 1616 Highway A1a | 1.91 | 1,620 | $759,000 |
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| 3995 Harbor City Blvd N | 2.78 | 0 | $1,199,000 | |
| 3995 Harbor City Blvd N | 2.78 | 0 | $1,099,000 | |
| 3995 Harbor City Blvd N | 2.78 | 0 | $1,200,000 | |
| 3995 Harbor City Blvd N | 2.78 | 0 | $1,299,000 | |
| 4018 Highway 1 N | 2.86 | 0 | $249,900 | |
| 3301 Harbor City Blvd N | 2.91 | 0 | $399,900 | |
| 7890 Tropical Trl S | 3.03 | 3,408 | $1,750,000 |
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| 2040 Highway A1a | 3.07 | 800 | $490,000 |
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| 3101 Harbor City Blvd N | 3.07 | 15,839 | $2,100,000 |
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| 4680 Highway 1 N | 3.08 | 0 | $760,000 | |
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 35 of all properties in this area. This suggests it would appeal to someone earning around $54,164 per year who should qualify for a mortgage between $108,328 and $135,410.
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 35 of all properties in this area. This corresponds to a rent of $865 per month and a monthly household income of $3,328 ($39,936 per year)
Nearby Companies
305 Polaris Dr
332 Gemini Dr
313 Gemini Dr
341 Gemini Dr
4335 Alton Rd
525 Siena Ct
525 Siena Ct
503 Siena Ct
325 Polaris Dr