767 Cottbus 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%.
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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 | |
|---|---|---|---|---|
| 775 Cottbus Ave Nw | Vacant Residential | 0 | L | |
| 759 Cottbus Ave Nw | Single Family | 1,820 | B |
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| 766 Donau Ave Nw | Single Family | 1,353 | B |
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| 774 Donau Ave Nw | Single Family | 1,444 | C |
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| 758 Donau Ave Nw | Single Family | 1,536 | B |
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| 751 Cottbus Ave Nw | Single Family | 1,601 | B |
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| 783 Cottbus Ave Nw | Single Family | 1,830 | B |
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| 768 Cottbus Ave Nw | Single Family | 2,457 | B |
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| 760 Cottbus Ave Nw | Single Family | 1,754 | B |
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| 776 Cottbus Ave Nw | Single Family | 1,599 | B |
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| 782 Donau Ave Nw | Single Family | 1,370 | C |
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| 750 Donau Ave Nw | Single Family | 1,472 | C |
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| 784 Cottbus Ave Nw | Single Family | 1,302 | B |
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| 791 Cottbus Ave Nw | Single Family | 1,439 | C |
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| 752 Cottbus Ave Nw | Single Family | 2,679 | B |
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| 790 Donau Ave Nw | Single Family | 1,370 | B |
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| 742 Donau Ave Nw | Single Family | 1,108 | C |
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| 743 Cottbus Ave Nw | Single Family | 2,113 | B |
|
| 786 Dresden St Nw | Single Family | 1,360 | C |
|
| 769 Bautzen Ave Nw | Single Family | 1,786 | B |
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| 761 Bautzen Ave Nw | Single Family | 1,370 | C |
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| 777 Bautzen Ave Nw | Vacant Residential | 0 | L | |
| 797 Cottbus Ave Nw | Single Family | 1,630 | B |
|
| 753 Bautzen Ave Nw | Single Family | 1,475 | B |
|
| 785 Bautzen Ave Nw | Single Family | 2,083 | B |
|
| 850 Erfurt St Nw | Single Family | 1,949 | B |
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| 734 Donau Ave Nw | Single Family | 1,192 | C |
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| 785 Dresden St Nw | Single Family | 1,056 | B |
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| 798 Donau Ave Nw | Single Family | 1,176 | C |
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| 736 Cottbus Ave Nw | Single Family Residence | 2,013 | C |
|
| 745 Bautzen Ave Nw | Single Family | 1,714 | B |
|
| 793 Bautzen Ave Nw | Vacant Residential | 0 | L | |
| 727 Cottbus Ave Nw | Vacant Residential | 0 | L | |
| 774 Dresden St Nw | Vacant Residential | 0 | L | |
| 791 Donau Ave Nw | Single Family | 1,972 | B |
|
| 781 Cuxhaven St Nw | Single Family | 1,288 | B |
|
| 726 Donau Ave Nw | Single Family | 1,778 | B |
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| 728 Cottbus Ave Nw | Single Family | 2,127 | B |
|
| 737 Bautzen Ave Nw | Vacant Residential | 0 | L | |
| 797 Bautzen Ave Nw | Vacant Residential | 0 | L | |
| 802 Emden Ave Nw | Single Family | 1,910 | B |
|
| 770 Bautzen Ave Nw | Single Family | 1,844 | B |
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| 719 Cottbus Ave Nw | Single Family | 2,035 | B |
|
| 762 Bautzen Ave Nw | Vacant Residential | 0 | L |
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1043 Pace Dr Nw | .46 | 0 | $356,900 | |
| 740 Norse St Nw | .64 | 0 | $55,000 | |
| 1196 Malone St Nw | .7 | 1,384 | $325,000 |
|
| 1341 Defender St Nw | 1.35 | 0 | $39,900 | |
| 333 Krassner Dr Nw | 1.53 | 0 | $405,000 | |
| 1386 Unter Ave Nw | 1.66 | 0 | $362,900 | |
| 1368 Wing Rd Sw | 1.67 | 0 | $52,500 | |
| 346 Triana Ave Sw | 1.7 | 0 | $349,900 | |
| 1266 Sapulpa Rd Sw | 1.75 | 0 | $349,900 | |
| 1698 Holbrook Rd Nw | 1.8 | 0 | $79,000 | |
| 236 Santo Domingo Ave Sw | 1.87 | 0 | $49,900 | |
| 126 Deauville Ave Se | 2 | 0 | $55,000 | |
| 490 Birch Ave Sw | 2.04 | 0 | $47,900 | |
| 1171 Tupelo Rd Sw | 2.06 | 0 | $37,000 | |
| 203 Eldron Blvd Ne | 2.16 | 0 | $67,000 | |
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 52 of all properties in this area. This suggests it would appeal to someone earning around $68,898 per year who should qualify for a mortgage between $137,796 and $172,245.
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 52 of all properties in this area. This corresponds to a rent of $856 per month and a monthly household income of $3,137 ($37,644 per year)
Nearby Companies
799 Donau Ave Nw
802 Emden Ave Nw
786 Bautzen Ave Nw
791 Cottbus Avenue Nw