1409 Aurora Rd, Melbourne
Brevard County Real Estate - Melbourne
The City of Melbourne is located on east central Florida's Space Coast. Melbourne is about an hour's drive south of the Kennedy Space center, and 1-1/2 hours due east of Disney World. The City is in the southern portion of Brevard County. Interstate-95 runs through the county from north-to-south. Access roads from the west include the Beach line Expressway (formerly the Beeline) and US. 192, which runs through Melbourne to the beaches.
While most of Melbourne is located on the Florida mainland, a small portion is located on a barrier island. The Indian River Lagoon separates the mainland from the island. The island is a narrow strip of land that separates the Lagoon from the Atlantic Ocean. Spanning the Indian River Lagoon to connect the mainland to the barrier island are a pair of four-lane, high-rise bridges -- the Melbourne Causeway and the Eau Gallie Causeway.
The City is approximately 41 square miles in size, with about 75% of that land in use. The City of Melbourne population was 78,427 as of April 1, 2010, according to the University of Florida Bureau of Economic and Business Research. The population of Melbourne continues to grow at a modest rate. Melbourne is located at the center of a much larger urban area, the Palm Bay-Melbourne-Titusville, Florida Metropolitan Statistical Area.
Melbourne International Airport serves Florida's Space and Treasure Coasts with domestic and international passenger and air freight service. Melbourne International Airport is served by carriers including Delta Airlines and US Airways. The Airport also provides services including charter passenger flights, private aviation, and air freight flights. International services include U.S. Customs, I.N.S., and U.S.D.A.
The city was named Melbourne in honor of its first postmaster, Cornthwaite John Hector, an Englishman who had spent much of his life in Melbourne, Australia.
Melbourne contains defense and technology companies with a high concentration of high-tech workers. The following corporations have operations in Melbourne:
- DRS Technologies
- General Electric Transportation Systems and GE Energy Automation
- HarrisCorporation (including corporate headquarters)
- Northrop Grumman employed 1,640 workers in 2009
- Rockwell Collins employed 1,430 in 2009
- Embraer completed a 89,000 square feet hanger and administrative office at the Melbourne Airport in February 2011.
- Live TV has its headquarters in Melbourne
Melbourne has two downtown business districts, a result of the merger of Eau Gallie into Melbourne:
- Downtown Eau Gallie Arts District
- Historic Downtown Melbourne. Among other retail outlets, this has 26 eating and drinking establishments within a four block extent.
Melbourne is in East Central Florida. It's population as recorded in the 2010 Census was 76,068.
The median age for residents of Melbourne is 43.3. Around 23.5% of Melbourne households include school aged children and 32.4% of households include individuals aged 65 years or over. Census records indicate 80.9% of the Melbourne population are White, 10.3% are Black or African American, .3% American Indian, 3.1% Asian and 3.1% are Two or more Races.
There are 38,955 housing units in Melbourne. 4,915 (12.6%) of these were reported as vacant in the 2010 Census. There are 15,728 residential rental units in Melbourne. 13,725 of them were occupied in 2010 providing a residential rental vacancy rate of 12.5%.
Melbourne links:
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
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
1425 Aurora Rd | Professional service building | 6,030 | B | |
1430 Windward Dr | Single Family | 1,636 | B | |
1420 Windward Dr | Single Family | 1,080 | B | |
1440 Windward Dr | Single Family | 1,662 | B | |
1410 Windward Dr | Single Family | 1,282 | B | |
1452 Windward Dr | Single Family | 1,676 | B | |
1427 Aurora Rd | Office building, non-professional service building, one story | 3,455 | B | |
1408 Windward Dr | Single Family | 1,282 | B | |
1462 Windward Dr | Single Family | 1,662 | B | |
1435 Windward Dr | Single Family | 1,080 | B | |
1423 Windward Dr | Single Family | 1,275 | B | |
1455 Windward Dr | Single Family | 1,636 | B | |
1434 Aurora Rd | Auto sales, auto repair and storage or auto service shop | 1,040 | C | |
1400 Aurora Rd | Vacant Commercial | 0 | L | |
1350 Aurora Rd | Vacant Commercial | 0 | L | |
1404 Windward Dr | Single Family | 1,080 | B | |
1472 Windward Dr | Single Family | 2,524 | B | |
1435 Aurora Rd | Office building, non-professional service building, one story | 4,080 | B | |
1619 Ferndale Ave | Church | 39,214 | B | |
1385 Sunwood Dr | Single Family | 2,294 | C | |
1467 Windward Dr | Single Family | 2,046 | B | |
1373 Sunwood Dr | Single Family | 1,570 | C | |
1399 Sunwood Dr | Single Family | 1,570 | C | |
1438 Whitecap Way | Single Family | 1,449 | B | |
1450 Whitecap Way | Single Family | 1,260 | B | |
1361 Sunwood Dr | Single Family | 2,042 | C | |
1407 Sunwood Dr | Single Family | 1,570 | C | |
1426 Whitecap Way | Vacant Residential | 0 | L | |
1464 Whitecap Way | Single Family | 1,343 | B | |
1477 Windward Dr | Single Family | 1,662 | B | |
1486 Windward Dr | Single Family | 2,046 | B | |
1349 Sunwood Dr | Single Family | 1,570 | C | |
1400 Windward Dr | Single Family | 1,368 | B | |
1421 Sunwood Dr | Single Family | 1,570 | C | |
1476 Whitecap Way | Single Family | 1,176 | B | |
1339 Sunwood Dr | Single Family | 1,570 | C | |
1476 Aurora Rd | Store, one story | 3,600 | B | |
1478 Aurora Rd | Store, one story | 3,600 | B | |
1472 Aurora Rd | Store, one story | 3,600 | B | |
1470 Aurora Rd | Store, one story | 3,600 | B | |
1480 Aurora Rd | Store, one story | 3,600 | B |
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
Address | Miles | Sq Ft | Price | |
---|---|---|---|---|
1255 Palmwood Dr | .44 | 920 | $229,200 | |
1001 Eau Gallie Blvd W | .6 | 828 | $179,000 | |
1512 Harbor City Blvd N | .74 | 1,248 | $378,000 | |
1709 Palm Ridge Rd | .81 | 1,495 | $369,000 | |
565 Montreal Ave | 1.07 | 2,126 | $455,000 | |
1365 Pineapple Ave | 1.16 | 1,377 | $1,893,000 | |
3101 Harbor City Blvd N | 1.6 | 15,839 | $2,100,000 | |
1865 Wickham Rd N | 1.73 | 9,600 | $1,200,000 | |
3301 Harbor City Blvd N | 1.88 | 0 | $399,900 | |
3995 Harbor City Blvd N | 2.59 | 0 | $1,200,000 | |
3995 Harbor City Blvd N | 2.59 | 0 | $1,299,000 | |
3995 Harbor City Blvd N | 2.59 | 0 | $1,199,000 | |
3995 Harbor City Blvd N | 2.59 | 0 | $1,099,000 | |
4018 Highway 1 N | 2.65 | 0 | $249,900 | |
406 Bluff Dr | 2.66 | 3,324 | $599,900 | |
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
1423 Windward Dr
1619 Ferndale Ave
1619 Ferndale Ave
1619 Ferndale Ave
1467 Windward Dr
1409 Aurora Rd
1427 Aurora Rd
1434 Aurora Rd
1470 Aurora Rd