430 Norwood Ave, 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 | |
|---|---|---|---|---|
| 440 Norwood Ave | Single Family | 1,828 | B |
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| 420 Norwood Ave | Single Family | 1,968 | B |
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| 435 Norwood Ave | Single Family Residence | 2,160 | C |
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| 435 Harwood Ave | Single Family | 2,188 | B |
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| 445 Harwood Ave | Single Family | 2,152 | B |
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| 425 Harwood Ave | Single Family | 2,094 | C |
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| 450 Norwood Ave | Single Family | 2,671 | B |
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| 410 Norwood Ave | Single Family | 1,968 | B |
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| 445 Norwood Ave | Single Family | 1,662 | B |
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| 419 Norwood Ave | Single Family | 1,840 | B |
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| 455 Harwood Ave | Single Family | 1,716 | B |
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| 415 Harwood Ave | Single Family | 3,130 | B |
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| 455 Norwood Ave | Single Family | 1,680 | B |
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| 409 Norwood Ave | Single Family | 2,538 | B |
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| 460 Norwood Ave | Single Family | 2,112 | B |
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| 404 Norwood Ave | Single Family | 2,450 | B |
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| 440 Cinnamon Dr | Single Family | 1,672 | B |
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| 465 Harwood Ave | Single Family | 2,232 | B |
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| 405 Harwood Ave | Single Family | 1,840 | B |
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| 450 Cinnamon Dr | Single Family | 1,380 | B |
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| 430 Harwood Ave | Single Family | 1,944 | B |
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| 430 Cinnamon Dr | Single Family | 1,506 | B |
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| 440 Harwood Ave | Single Family | 2,160 | B |
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| 420 Harwood Ave | Single Family | 2,112 | B |
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| 465 Norwood Ave | Single Family | 2,220 | B |
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| 405 Norwood Ave | Single Family | 1,644 | B |
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| 420 Cinnamon Dr | Single Family | 1,580 | B |
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| 460 Cinnamon Dr | Single Family | 1,305 | B |
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| 450 Harwood Ave | Single Family | 2,396 | B |
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| 410 Harwood Ave | Single Family | 1,890 | B |
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| 470 Norwood Ave | Single Family | 2,248 | B |
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| 400 Norwood Ave | Single Family | 2,048 | B |
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| 475 Harwood Ave | Single Family | 2,204 | B |
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| 401 Harwood Ave | Single Family | 2,144 | B |
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| 410 Cinnamon Dr | Single Family | 1,580 | B |
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| 475 Norwood Ave | Single Family | 2,160 | B |
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| 460 Harwood Ave | Single Family | 2,096 | B |
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| 401 Norwood Ave | Single Family | 2,544 | B |
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| 408 Harwood Ave | Single Family | 1,764 | B |
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| 470 Cinnamon Dr | Single Family | 1,420 | B |
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| 435 Glenwood Ave | Single Family | 2,044 | B |
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| 445 Glenwood Ave | Single Family | 2,144 | B |
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| 425 Glenwood Ave | Single Family | 1,808 | B |
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| 445 Cinnamon Dr | Single Family | 1,344 | B |
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| 455 Cinnamon Dr | Single Family | 1,340 | B |
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| 435 Cinnamon Dr | Single Family | 1,428 | B |
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| 480 Norwood Ave | Single Family | 2,144 | B |
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| 455 Glenwood Ave | Single Family | 2,072 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1616 Highway A1a | 1.02 | 1,620 | $759,000 |
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| 10210 Tropical Trl S | 1.32 | 4,691 | $4,700,000 |
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| 10060 Tropical Trl S | 1.42 | 2,364 | $2,950,000 |
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| 165 Churchill Ave | 1.94 | 1,300 | $460,000 |
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| 2040 Highway A1a | 2.12 | 800 | $490,000 |
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| 412 Dove Ln | 2.57 | 1,668 | $314,495 |
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| 129 Third St Ne | 2.64 | 912 | $449,982 |
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| 101 Third St Ne | 2.65 | 2,625 | $1,950,000 |
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| 3301 Harbor City Blvd N | 2.7 | 0 | $399,900 | |
| 3101 Harbor City Blvd N | 2.78 | 15,839 | $2,100,000 |
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| 3995 Harbor City Blvd N | 2.83 | 0 | $1,099,000 | |
| 3995 Harbor City Blvd N | 2.83 | 0 | $1,199,000 | |
| 3995 Harbor City Blvd N | 2.83 | 0 | $1,200,000 | |
| 3995 Harbor City Blvd N | 2.83 | 0 | $1,299,000 | |
| 4018 Highway 1 N | 2.93 | 0 | $249,900 | |
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 63 of all properties in this area. This suggests it would appeal to someone earning around $96,544 per year who should qualify for a mortgage between $193,088 and $241,360.
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 63 of all properties in this area. This corresponds to a rent of $1,150 per month and a monthly household income of $4,204 ($50,448 per year)
Nearby Companies
410 Harwood Ave
435 Cinnamon Dr
485 Norwood Ave
485 Norwood Ave
440 Cinnamon Dr
465 Norwood Ave
401 Norwood Ave