4300 Millicent Cir, Melbourne
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 | |
|---|---|---|---|---|
| 4290 Millicent Cir | Single Family | 1,960 | B |
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| 4310 Millicent Cir | Single Family | 1,706 | B |
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| 4280 Millicent Cir | Single Family | 1,706 | B |
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| 4335 Millicent Cir | Single Family | 2,312 | B |
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| 4320 Millicent Cir | Single Family | 2,960 | B |
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| 4270 Millicent Cir | Single Family | 1,772 | B |
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| 4330 Millicent Cir | Single Family | 2,960 | B |
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| 4181 Aiken Ln | Single Family | 1,772 | B |
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| 4260 Millicent Cir | Single Family | 1,960 | B |
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| 4345 Millicent Cir | Single Family | 2,784 | B |
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| 4340 Millicent Cir | Single Family | 3,492 | B |
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| 4171 Aiken Ln | Single Family | 2,298 | B |
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| 904 Benton Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 4250 Millicent Cir | Single Family | 2,316 | B |
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| 4350 Millicent Cir | Single Family | 2,960 | B |
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| 4355 Millicent Cir | Single Family | 2,960 | B |
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| 4161 Aiken Ln | Single Family | 1,960 | B |
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| 4360 Millicent Cir | Single Family | 3,492 | B |
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| 680 Benton Dr | Single Family | 1,902 | B |
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| 4240 Millicent Cir | Single Family | 1,340 | B |
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| 670 Benton Dr | Single Family | 1,500 | B |
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| 690 Benton Dr | Single Family | 1,500 | B |
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| 4365 Millicent Cir | Single Family | 2,310 | B |
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| 4186 Aiken Ln | Single Family | 1,960 | B |
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| 660 Benton Dr | Single Family | 1,902 | B |
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| 700 Benton Dr | Single Family | 1,914 | B |
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| 4151 Aiken Ln | Single Family | 1,340 | B |
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| 710 Benton Dr | Single Family | 1,902 | B |
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| 650 Benton Dr | Single Family | 1,902 | B |
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| 4370 Millicent Cir | Single Family | 3,492 | B |
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| 4176 Aiken Ln | Single Family | 1,706 | B |
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| 4230 Millicent Cir | Single Family | 1,706 | B |
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| 4375 Millicent Cir | Single Family | 1,772 | B |
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| 720 Benton Dr | Single Family | 1,902 | B |
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| 640 Benton Dr | Single Family | 1,259 | B |
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| 4166 Aiken Ln | Single Family | 2,298 | B |
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| 4141 Aiken Ln | Single Family | 1,960 | B |
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| 661 Benton Dr | Single Family Residence | 1,902 | C |
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| 4380 Millicent Cir | Single Family | 3,492 | B |
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| 730 Benton Dr | Single Family | 1,960 | B |
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| 630 Benton Dr | Single Family | 1,902 | B |
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| 4185 Millicent Cir | Single Family | 1,960 | B |
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| 4156 Aiken Ln | Single Family | 1,772 | B |
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| 4220 Millicent Cir | Single Family | 1,772 | B |
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| 4385 Millicent Cir | Single Family | 2,310 | B |
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| 740 Benton Dr | Single Family | 1,344 | B |
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| 4131 Aiken Ln | Single Family | 1,340 | B |
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| 620 Benton Dr | Single Family | 1,501 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 4204 Canby Dr | .1 | 2,306 | $415,000 |
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| 4927 Pinewood Dr Ne | .55 | 1,036 | $175,000 |
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| 1780 Live Oak St Ne | .57 | 828 | $129,900 |
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| 1780 Big Cypress St Ne | .61 | 1,104 | $200,000 |
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| 2230 Monroe St Ne | .81 | 2,496 | $325,000 |
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| 3848 Town Square Blvd | 1.19 | 1,216 | $295,000 |
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| 1294 Cimarron Cir Ne | 1.28 | 1,950 | $424,900 |
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| 2502 Victoria Dr Ne | 1.29 | 0 | $79,000 | |
| 603 Heming Way | 1.36 | 0 | $414,700 | |
| 2814 Harbor City Blvd S | 1.49 | 1,400 | $629,000 |
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| 1500 Main St Ne | 1.72 | 11,200 | $1,099,000 |
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| 1632 Sunny Brook Ln Ne | 1.75 | 840 | $175,000 |
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| 1664 Sunny Brook Ln Ne | 1.78 | 914 | $225,000 |
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| 1194 Ver Cir Ne | 2.05 | 0 | $415,000 | |
| 2971 Indian River Dr Ne | 2.14 | 672 | $158,000 |
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Local Household Income
The median household income in this part of Florida is $52,102. The bottom 10% of the population earn less than $18,452 per year. The top 10% earn more than $121,913 per year. The top 1% earn more than $336,928 per year. Most renters earn between $25,716 (20th percentile) and $40,716 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $104,204 and $130,255.
The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $100,118 per year who should qualify for a mortgage between $200,236 and $250,295.
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 $923. Most renters earn between $2,143 and $3,393 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $700 (20th percentile) to $1,197 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,252 per month and a monthly household income of $3,509 ($42,108 per year)
Nearby Companies
4370 Millicent Cir