Brevard County Real Estate - Palm Bay

Palm Bay is in East Central Florida. It's population as recorded in the 2010 Census was 103,190.

The median age for residents of Palm Bay is 39.8. Around 33.8% of Palm Bay households include school aged children and 28.7% of households include individuals aged 65 years or over. Census records indicate 72.9% of the Palm Bay population are White, 17.9% are Black or African American, .4% American Indian, 1.7% Asian and 3.5% are Two or more Races.

There are 45,220 housing units in Palm Bay. 5,738 (12.6%) of these were reported as vacant in the 2010 Census. There are 11,507 residential rental units in Palm Bay. 10,117 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

Palm Bay 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

AddressTypeSq FtClass 
1225 Bei Ct Nw Single Family 1,204 C
1206 Cheb Pl Nw Single Family 1,656 B
1218 Cheb Pl Nw Single Family 1,234 C
220 Treu Ter Nw Single Family 1,056 C
233 Treu Ter Nw Single Family 1,587 B
226 Treu Ter Nw Single Family 1,843 B
1249 Bei Ct Nw Single Family 1,686 B
1224 Bei Ct Nw Vacant Residential 0 L
216 Treu Ter Nw Single Family 1,080 B
1234 Cheb Pl Nw Single Family 1,863 C
232 Treu Ter Nw Single Family 1,457 B
1248 Bei Ct Nw Single Family 1,470 B
212 Treu Ter Nw Single Family 1,515 B
1248 Cheb Pl Nw Single Family 882 C
1273 Bei Ct Nw Single Family 1,360 B
1291 Ein Ct Nw Single Family 1,681 B
1203 Ach Ct Nw Single Family 1,947 B
1201 Cheb Pl Nw Single Family 1,972 B
1272 Bei Ct Nw Vacant Residential 0 L
1213 Cheb Pl Nw Single Family 2,016 B
1233 Ach Ct Nw Single Family 1,521 B
218 Stendal Rd Nw Single Family 1,179 C
208 Treu Ter Nw Single Family 1,668 B
238 Treu Ter Nw Single Family 1,599 B
1263 Ach Ct Nw Single Family 1,648 B
1225 Cheb Pl Nw Single Family 1,832 B
1260 Cheb Pl Nw Single Family 1,418 B
1261 Ein Ct Nw Single Family 1,760 B
1260 Ein Ct Nw Single Family 2,056 B
1296 Bei Ct Nw Single Family 1,244 B
1237 Cheb Pl Nw Single Family 1,511 B
204 Treu Ter Nw Single Family 1,232 C

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
383 Emerson Dr Nw .13 1,130 $265,999
1386 Unter Ave Nw .27 0 $362,900
740 Norse St Nw 1.03 0 $55,000
1043 Pace Dr Nw 1.84 0 $356,900
615 Sedgewood Cir 1.97 1,378 $325,000
1196 Malone St Nw 2.04 1,384 $325,000
203 Eldron Blvd Ne 2.12 0 $67,000
656 Delmonico St Ne 2.16 0 $389,900
126 Deauville Ave Se 2.27 0 $55,000
470 Ixora Ave Nw 2.41 0 $394,900
302 Arapahoe Ln Ne 2.47 1,662 $335,000
236 Santo Domingo Ave Sw 2.49 0 $49,900
346 Triana Ave Sw 2.68 0 $349,900
2455 Cottonwood Ave 2.73 1,160 $899,900
1627 Earlham Ave Nw 2.75 0 $335,000

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 49 of all properties in this area. This suggests it would appeal to someone earning around $64,886 per year who should qualify for a mortgage between $129,772 and $162,215.

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 49 of all properties in this area. This corresponds to a rent of $840 per month and a monthly household income of $3,110 ($37,320 per year)

Nearby Companies

Theresa C. Gardner, Inc.
1291 Nw Ein Ct
Disclaimers and Disclosures

Public Records Data

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