1151 Masterson St, 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 | |
|---|---|---|---|---|
| 1149 Masterson St | Vacant Residential | 0 | L | |
| 1163 Masterson St | Vacant Residential | 0 | L | |
| 1121 Masterson St | Single Family | 1,080 | C |
 |
| 1150 Masterson St | Multi-family - less than 10 units | 1,917 | B |
|
| 1996 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
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| 1990 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1930 Irene Summerford Way | Multi-family - less than 10 units | 2,142 | B |
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| 1920 Irene Summerford Way | Multi-family - less than 10 units | 2,142 | B |
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| 1926 Irene Summerford Way | Multi-family - less than 10 units | 2,142 | B |
|
| 1085 Mathers St | Single Family | 1,282 | C |
|
| 1865 Cedarwood Dr | Single Family | 999 | C |
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| 1877 Cedarwood Dr | Single Family | 1,528 | C |
|
| 1915 Irene Summerford Way | Single Family | 964 | C |
|
| 1853 Cedarwood Dr | Single Family | 960 | C |
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| 1889 Cedarwood Dr | Single Family | 888 | C |
|
| 1908 Southland Ave | Multi-family - less than 10 units | 3,022 | B |
|
| 1946 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1940 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1925 Irene Summerford Way | Single Family | 964 | C |
|
| 1841 Cedarwood Dr | Single Family | 1,000 | C |
|
| 1905 Cedarwood Dr | Single Family | 943 | C |
|
| 1890 Southland Ave | Single Family | 704 | C |
|
| 1935 Irene Summerford Way | Single Family | 1,109 | C |
|
| 1930 Southland Ave | Single Family | 964 | C |
|
| 1950 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1956 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1829 Cedarwood Dr | Single Family | 1,290 | C |
|
| 1880 Southland Ave | Single Family | 1,264 | C |
|
| 1142 Mathers St | Single Family | 864 | C |
|
| 1945 Irene Summerford Way | Single Family | 1,109 | C |
|
| 1917 Cedarwood Dr | Single Family | 912 | C |
|
| 1938 Southland Ave | Single Family | 1,094 | C |
|
| 1870 Southland Ave | Single Family | 1,020 | C |
|
| 1084 Mathers St | Single Family | 1,344 | C |
|
| 1946 Southland Ave | Single Family | 1,109 | C |
|
| 1960 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1966 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1817 Cedarwood Dr | Single Family | 1,132 | C |
|
| 1907 Southland Ave | Vacant Residential | 0 | L | |
| 1969 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1965 Irene Summerford Way | Multi-family - less than 10 units | 1,917 | B |
|
| 1866 Cedarwood Dr | Single Family | 1,000 | C |
|
| 1878 Cedarwood Dr | Single Family | 1,239 | C |
|
| 1903 Southland Ave | Single Family | 1,078 | C |
|
| 1868 Southland Ave | Single Family | 927 | C |
|
| 1954 Southland Ave | Single Family | 1,109 | C |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1255 Palmwood Dr | .21 | 920 | $229,200 |
|
| 1512 Harbor City Blvd N | .58 | 1,248 | $378,000 |
|
| 1001 Eau Gallie Blvd W | .62 | 828 | $179,000 |
|
| 1709 Palm Ridge Rd | .82 | 1,495 | $369,000 |
|
| 565 Montreal Ave | .92 | 2,126 | $455,000 |
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| 1365 Pineapple Ave | .98 | 1,377 | $1,893,000 |
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| 973 Harbor City Blvd N | 1.08 | 3,176 | $1,800,000 |
|
| 3101 Harbor City Blvd N | 1.37 | 15,839 | $2,100,000 |
|
| 3301 Harbor City Blvd N | 1.65 | 0 | $399,900 | |
| 1865 Wickham Rd N | 2.03 | 9,600 | $1,200,000 |
|
| 3995 Harbor City Blvd N | 2.39 | 0 | $1,299,000 | |
| 3995 Harbor City Blvd N | 2.39 | 0 | $1,199,000 | |
| 3995 Harbor City Blvd N | 2.39 | 0 | $1,099,000 | |
| 3995 Harbor City Blvd N | 2.39 | 0 | $1,200,000 | |
| 4018 Highway 1 N | 2.47 | 0 | $249,900 | |
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.
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%.
Nearby Companies
1151 Masterson St
1151 Masterson St