1350 Prospect Cir Ne, 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 | |
|---|---|---|---|---|
| 1344 Prospect Cir Ne | Vacant Residential | 0 | L | |
| 1356 Prospect Cir Ne | Vacant Residential | 0 | L | |
| 1351 Athens Dr Ne | Vacant Residential | 0 | L | |
| 1361 Athens Dr Ne | Single Family | 1,471 | B |
 |
| 1341 Athens Dr Ne | Single Family | 1,236 | C |
|
| 1362 Prospect Cir Ne | Vacant Residential | 0 | L | |
| 1338 Prospect Cir Ne | Single Family | 1,669 | B |
|
| 1351 Prospect Cir Ne | Single Family | 1,452 | C |
|
| 1345 Prospect Cir Ne | Single Family | 1,462 | B |
|
| 1371 Athens Dr Ne | Single Family | 901 | C |
|
| 1357 Prospect Cir Ne | Single Family | 1,236 | B |
|
| 1331 Athens Dr Ne | Single Family | 1,739 | B |
|
| 1339 Prospect Cir Ne | Single Family | 1,756 | B |
|
| 1332 Prospect Cir Ne | Single Family | 975 | C |
|
| 1363 Prospect Cir Ne | Single Family | 1,476 | B |
|
| 1381 Athens Dr Ne | Single Family | 2,067 | B |
|
| 1321 Athens Dr Ne | Single Family | 1,823 | B |
|
| 1333 Prospect Cir Ne | Single Family | 1,440 | C |
|
| 1326 Prospect Cir Ne | Single Family | 1,180 | B |
|
| 1374 Prospect Cir Ne | Vacant Residential | 0 | L | |
| 1350 Athens Dr Ne | Single Family | 1,940 | B |
|
| 1369 Prospect Cir Ne | Single Family | 1,978 | B |
|
| 1360 Athens Dr Ne | Vacant Residential | 0 | L | |
| 1340 Athens Dr Ne | Single Family | 1,888 | B |
|
| 1391 Athens Dr Ne | Single Family | 2,236 | B |
|
| 1370 Athens Dr Ne | Single Family | 1,695 | B |
|
| 1327 Prospect Cir Ne | Single Family | 904 | C |
|
| 1330 Athens Dr Ne | Single Family | 1,666 | B |
|
| 1311 Athens Dr Ne | Single Family | 2,211 | B |
|
| 1380 Athens Dr Ne | Single Family | 1,584 | B |
|
| 1386 Prospect Cir Ne | Single Family | 1,557 | B |
|
| 1375 Prospect Cir Ne | Vacant Residential | 0 | L | |
| 1312 Prospect Cir Ne | Single Family | 1,734 | B |
|
| 1397 Athens Dr Ne | Vacant Residential | 0 | L | |
| 1321 Prospect Cir Ne | Single Family | 2,011 | B |
|
| 1337 Ashford Ave Ne | Single Family | 1,701 | B |
|
| 1390 Athens Dr Ne | Single Family | 1,248 | C |
|
| 1325 Ashford Ave Ne | Single Family | 2,000 | B |
|
| 1349 Ashford Ave Ne | Vacant Residential | 0 | L | |
| 1313 Ashford Ave Ne | Single Family | 1,861 | B |
|
| 1361 Ashford Ave Ne | Single Family | 2,156 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1386 Unter Ave Nw | .52 | 0 | $362,900 | |
| 615 Sedgewood Cir | 1.57 | 1,378 | $325,000 |
|
| 740 Norse St Nw | 1.58 | 0 | $55,000 | |
| 656 Delmonico St Ne | 2.09 | 0 | $389,900 | |
| 203 Eldron Blvd Ne | 2.2 | 0 | $67,000 | |
| 603 Heming Way | 2.25 | 0 | $414,700 | |
| 302 Arapahoe Ln Ne | 2.35 | 1,662 | $335,000 |
|
| 1043 Pace Dr Nw | 2.37 | 0 | $356,900 | |
| 126 Deauville Ave Se | 2.44 | 0 | $55,000 | |
| 1196 Malone St Nw | 2.58 | 1,384 | $325,000 |
|
| 3848 Town Square Blvd | 2.65 | 1,216 | $295,000 |
|
| 1215 Shell Ct Ne | 2.66 | 960 | $139,900 |
|
| 2455 Cottonwood Ave | 2.72 | 1,160 | $899,900 |
|
| 236 Santo Domingo Ave Sw | 2.75 | 0 | $49,900 | |
| 1664 Sunny Brook Ln Ne | 2.78 | 914 | $225,000 |
|
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 36 of all properties in this area. This suggests it would appeal to someone earning around $49,822 per year who should qualify for a mortgage between $99,644 and $124,555.
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 36 of all properties in this area. This corresponds to a rent of $738 per month and a monthly household income of $2,778 ($33,336 per year)
Nearby Companies
1301 Prospect Cir
1380 Athens Dr