2483 Nobility Ave, Melbourne
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 | |
|---|---|---|---|---|
| 2469 Nobility Ave | Single Family | 1,734 | B |
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| 2497 Nobility Ave | Single Family | 1,947 | B |
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| 2472 Nobility Ave | Single Family | 1,520 | B |
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| 2458 Nobility Ave | Single Family | 1,896 | B |
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| 2455 Nobility Ave | Single Family | 1,587 | B |
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| 2511 Nobility Ave | Single Family | 1,789 | B |
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| 2486 Nobility Ave | Single Family | 2,028 | B |
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| 2444 Nobility Ave | Single Family | 1,886 | B |
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| 2441 Nobility Ave | Single Family | 2,060 | B |
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| 2560 Chapparal Dr | Single Family | 1,903 | B |
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| 2500 Nobility Ave | Single Family | 1,582 | B |
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| 2473 Majestic Ave | Single Family | 1,481 | B |
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| 2546 Chapparal Dr | Single Family | 1,424 | B |
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| 2459 Majestic Ave | Single Family | 1,942 | B |
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| 2574 Chapparal Dr | Single Family | 1,959 | B |
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| 2430 Nobility Ave | Single Family | 1,865 | B |
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| 2487 Majestic Ave | Single Family | 1,952 | B |
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| 2532 Chapparal Dr | Single Family | 1,712 | B |
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| 2445 Majestic Ave | Single Family | 1,826 | B |
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| 2590 Chapparal Dr | Single Family | 1,156 | B |
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| 2501 Majestic Ave | Single Family | 1,607 | B |
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| 2514 Nobility Ave | Single Family | 1,828 | B |
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| 2427 Nobility Ave | Single Family | 1,576 | B |
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| 2539 Nobility Ave | Single Family | 1,870 | B |
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| 2516 Chapparal Dr | Single Family | 1,982 | B |
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| 2431 Majestic Ave | Single Family | 1,819 | B |
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| 2416 Nobility Ave | Single Family | 1,692 | B |
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| 2604 Chapparal Dr | Single Family | 1,352 | B |
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| 2515 Majestic Ave | Single Family | 1,819 | B |
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| 2502 Chapparal Dr | Single Family | 1,258 | B |
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| 2417 Majestic Ave | Single Family | 1,652 | B |
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| 2528 Nobility Ave | Single Family | 1,706 | B |
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| 2553 Chapparal Dr | Single Family | 1,446 | B |
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| 2616 Chapparal Dr | Single Family | 1,578 | B |
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| 2474 Majestic Ave | Single Family | 1,871 | B |
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| 2567 Chapparal Dr | Single Family | 1,177 | B |
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| 2460 Majestic Ave | Single Family | 2,162 | B |
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| 2539 Chapparal Dr | Single Family | 1,857 | B |
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| 2553 Nobility Ave | Single Family | 1,784 | B |
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| 2413 Nobility Ave | Single Family | 1,720 | B |
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| 2488 Majestic Ave | Single Family | 1,912 | B |
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| 2402 Nobility Ave | Single Family | 1,892 | B |
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| 2581 Chapparal Dr | Single Family | 1,422 | B |
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| 2446 Majestic Ave | Single Family | 2,030 | B |
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| 2525 Chapparal Dr | Single Family | 1,444 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1865 Wickham Rd N | .9 | 9,600 | $1,200,000 |
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| 2870 Post Rd | 1.73 | 1,654 | $650,000 |
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| 1709 Palm Ridge Rd | 1.88 | 1,495 | $369,000 |
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| 710 Washburn Rd | 2.1 | 1,020 | $215,000 |
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| 3101 Harbor City Blvd N | 2.41 | 15,839 | $2,100,000 |
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| 1255 Palmwood Dr | 2.46 | 920 | $229,200 |
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| 3301 Harbor City Blvd N | 2.47 | 0 | $399,900 | |
| 4018 Highway 1 N | 2.53 | 0 | $249,900 | |
| 3995 Harbor City Blvd N | 2.58 | 0 | $1,299,000 | |
| 3995 Harbor City Blvd N | 2.58 | 0 | $1,199,000 | |
| 3995 Harbor City Blvd N | 2.58 | 0 | $1,200,000 | |
| 3995 Harbor City Blvd N | 2.58 | 0 | $1,099,000 | |
| 3295 Constellation Dr | 2.73 | 2,009 | $498,000 |
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| 4680 Highway 1 N | 2.9 | 0 | $760,000 | |
| 1001 Eau Gallie Blvd W | 3.01 | 828 | $179,000 |
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Local Household Income
The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.
The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $110,629 per year who should qualify for a mortgage between $221,258 and $276,573.
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 $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $1,089 per month and a monthly household income of $4,106 ($49,272 per year)
Nearby Companies
2458 Nobility Ave
2483 Nobility Ave