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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 links:

• Wikipedia
• Melbourne City Website
• Wikipedia
• Melbourne City Website

Links

• Melbourne Real Estate Market Data
• Brevard County Real Estate Market Data
• Walkscore for Zipcode 32905
• Palm Bay, FL Property Values on Trulia

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
2550 Victoria Dr Ne	Single Family	1,488	C
2518 Victoria Dr Ne	Single Family	792	C
2539 Spence Dr Ne	Single Family	790	C
2553 Spence Dr Ne	Single Family	794	C
2525 Spence Dr Ne	Single Family	1,125	C
2566 Victoria Dr Ne	Single Family	1,230	C
2502 Victoria Dr Ne	Vacant Residential	0	L
2535 Victoria Dr Ne	Single Family	851	C
2517 Victoria Dr Ne	Single Family	1,344	C
2551 Victoria Dr Ne	Single Family	1,002	C
2567 Spence Dr Ne	Single Family	744	C
2511 Spence Dr Ne	Single Family	624	C
2582 Victoria Dr Ne	Single Family	998	C
2567 Victoria Dr Ne	Single Family	1,520	C
2505 Spence Dr Ne	Multi-family - less than 10 units	1,338	C
2581 Spence Dr Ne	Multi-family - less than 10 units	2,458	C
2501 Victoria Dr Ne	Municipal Owned	0	L
2583 Victoria Dr Ne	Mixed use - store and office or store and residential or residential combination	1,488	C
2538 Spence Dr Ne	Single Family	1,142	C
2598 Victoria Dr Ne	Club, lodge or union hall	1,936	B
2552 Spence Dr Ne	Vacant Residential	0	L
2524 Spence Dr Ne	Single Family	1,054	C
2595 Spence Dr Ne	Single Family	1,047	C
2566 Spence Dr Ne	Single Family	1,136	C
2510 Spence Dr Ne	Single Family	1,196	C
2300 Shenandoah Rd Ne	Multi-family - less than 10 units	1,964	C
3090 Dixie Hwy Ne	Office building, non-professional service building, one story	1,159	C
2309 Shenandoah Rd Ne	Single Family	846	C
2304 Shenandoah Rd Ne	Multi-family - less than 10 units	1,612	C
2580 Spence Dr Ne	Office building, non-professional service building, one story	2,100	B
2561 Clinton Dr Ne	Single Family	904	C
2571 Clinton Dr Ne	Single Family	1,506	C
2551 Clinton Dr Ne	Multi-family - less than 10 units	1,864	C
3060 Dixie Hwy Ne	Office building, non-professional service building, one story	2,247	B
2581 Clinton Dr Ne	Single Family	1,374	C
2541 Clinton Dr Ne	Single Family	672	C
2308 Shenandoah Rd Ne	Multi-family - less than 10 units	1,612	C
3052 Dixie Hwy Ne	Open storage (building supplies, auto wrecking, fuel, equipment or material storage)	4,060	C
2531 Clinton Dr Ne	Single Family	1,140	C

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

Address	Miles	Sq Ft	Price
2502 Victoria Dr Ne	.03	0	$79,000
2598 Victoria Dr Ne	.06	1,936	$405,000
2814 Harbor City Blvd S	.41	1,400	$629,000
2230 Monroe St Ne	.5	2,496	$325,000
1780 Big Cypress St Ne	1.22	1,104	$200,000
1780 Live Oak St Ne	1.23	828	$129,900
4204 Canby Dr	1.35	2,306	$415,000
833 New Haven Ave E	1.38	8,109	$2,990,000
1005 Strawbridge Ave E	1.39	8,618	$1,995,000
308 Strawbridge Ave E	1.78	0	$539,000
4927 Pinewood Dr Ne	1.86	1,036	$175,000
1500 Main St Ne	1.89	11,200	$1,099,000
2061 Palm Bay Rd Ne	2	1,035	$550,000
2179 Julian Ave Ne	2	1,870	$395,000
2061 Palm Bay Rd Ne	2.04	968	$300,000