1314 Vater Ave Nw, Palm Bay
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:
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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 | |
|---|---|---|---|---|
| 102 Krefeld Rd Nw | Single Family | 1,160 | C |
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| 393 Emerson Dr Nw | Single Family | 1,504 | B |
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| 1322 Vater Ave Nw | Single Family | 1,577 | C |
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| 1301 Vater Ave Nw | Single Family | 1,008 | C |
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| 391 Emerson Dr Nw | Single Family | 1,379 | C |
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| 123 Krefeld Rd Nw | Single Family | 1,107 | C |
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| 115 Krefeld Rd Nw | Single Family | 1,636 | B |
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| 131 Krefeld Rd Nw | Single Family | 2,144 | B |
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| 389 Emerson Dr Nw | Single Family | 1,973 | B |
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| 107 Krefeld Rd Nw | Single Family | 1,383 | C |
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| 1330 Vater Ave Nw | Vacant Residential | 0 | L | |
| 142 Krefeld Rd Nw | Single Family | 1,056 | C |
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| 139 Krefeld Rd Nw | Single Family | 1,424 | B |
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| 1347 Vater Ave Nw | Vacant Residential | 0 | L | |
| 1338 Vater Ave Nw | Vacant Residential | 0 | L | |
| 387 Emerson Dr Nw | Single Family | 1,176 | C |
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| 147 Krefeld Rd Nw | Single Family | 1,764 | B |
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| 390 Emerson Dr Nw | Single Family | 1,635 | B |
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| 150 Krefeld Rd Nw | Single Family | 2,755 | B |
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| 1359 Vater Ave Nw | Single Family | 2,093 | B |
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| 392 Emerson Dr Nw | Single Family | 1,460 | C |
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| 394 Emerson Dr Nw | Single Family | 1,365 | B |
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| 385 Emerson Dr Nw | Single Family | 1,924 | B |
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| 1296 Cheb Pl Nw | Single Family | 1,400 | B |
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| 1354 Vater Ave Nw | Single Family | 1,636 | B |
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| 155 Krefeld Rd Nw | Single Family | 1,945 | C |
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| 1305 Unter Ave Nw | Vacant Residential | 0 | L | |
| 200 Umber St Nw | Single Family | 1,884 | B |
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| 396 Emerson Dr Nw | Single Family | 1,776 | B |
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| 399 Emerson Dr Nw | Store, one story | 11,200 | B |
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| 158 Krefeld Rd Nw | Single Family | 2,119 | C |
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| 1361 Vater Ave Nw | Single Family | 1,902 | B |
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| 1285 Cheb Pl Nw | Single Family | 1,427 | C |
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| 386 Emerson Dr Nw | Single Family | 1,584 | B |
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| 1311 Unter Ave Nw | Single Family | 1,064 | C |
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| 383 Emerson Dr Nw | Single Family | 1,130 | B |
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| 163 Krefeld Rd Nw | Vacant Residential | 0 | L | |
| 5070 Minton Rd Nw | Store, one story | 14,000 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 383 Emerson Dr Nw | .09 | 1,130 | $265,999 |
|
| 1386 Unter Ave Nw | .16 | 0 | $362,900 | |
| 740 Norse St Nw | 1.18 | 0 | $55,000 | |
| 615 Sedgewood Cir | 1.78 | 1,378 | $325,000 |
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| 1043 Pace Dr Nw | 2 | 0 | $356,900 | |
| 1196 Malone St Nw | 2.2 | 1,384 | $325,000 |
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| 656 Delmonico St Ne | 2.23 | 0 | $389,900 | |
| 203 Eldron Blvd Ne | 2.24 | 0 | $67,000 | |
| 126 Deauville Ave Se | 2.41 | 0 | $55,000 | |
| 302 Arapahoe Ln Ne | 2.53 | 1,662 | $335,000 |
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| 470 Ixora Ave Nw | 2.59 | 0 | $394,900 | |
| 2455 Cottonwood Ave | 2.61 | 1,160 | $899,900 |
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| 603 Heming Way | 2.65 | 0 | $414,700 | |
| 236 Santo Domingo Ave Sw | 2.65 | 0 | $49,900 | |
| 1627 Earlham Ave Nw | 2.81 | 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.
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
5070 Minton Rd Nw
150 Krefeld Rd Nw
107 Krefeld Road Nw
123 Krefeld Rd Nw
1322 Vater Avenue Nw