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:

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

AddressTypeSq FtClass 
1214 Vista Oaks Cir Ne Single Family 1,236 C
1216 Vista Oaks Cir Ne Single Family 1,236 C
1212 Vista Oaks Cir Ne Single Family 1,236 C
1414 Vista Oaks Cir Ne Single Family 1,236 C
1412 Vista Oaks Cir Ne Single Family 1,236 C
1016 Vista Oaks Cir Ne Single Family 1,236 C
1418 Vista Oaks Cir Ne Single Family 1,236 C
1416 Vista Oaks Cir Ne Single Family 1,236 C
1018 Vista Oaks Cir Ne Single Family 1,236 C
3814 Vista Oaks Cir Ne Single Family 1,236 C
3816 Vista Oaks Cir Ne Single Family 1,236 C
1014 Vista Oaks Cir Ne Single Family 1,236 C
1012 Vista Oaks Cir Ne Single Family 1,236 C
3812 Vista Oaks Cir Ne Single Family 1,236 C
3818 Vista Oaks Cir Ne Single Family 1,236 C
3616 Vista Oaks Cir Ne Single Family 1,236 C
1614 Vista Oaks Cir Ne Single Family 1,236 C
1612 Vista Oaks Cir Ne Single Family 1,236 C
4014 Vista Oaks Cir Ne Single Family 1,236 C
3614 Vista Oaks Cir Ne Single Family 1,236 C
1311 Vista Oaks Cir Ne Single Family 1,236 C
1317 Vista Oaks Cir Ne Single Family 1,236 C
4016 Vista Oaks Cir Ne Single Family 1,236 C
1616 Vista Oaks Cir Ne Single Family 1,236 C
3618 Vista Oaks Cir Ne Single Family 1,236 C
1618 Vista Oaks Cir Ne Single Family 1,236 C
4012 Vista Oaks Cir Ne Single Family 1,236 C
3612 Vista Oaks Cir Ne Single Family 1,236 C
1117 Vista Oaks Cir Ne Single Family 1,236 C
1313 Vista Oaks Cir Ne Single Family 1,236 C
4018 Vista Oaks Cir Ne Single Family 1,236 C
3414 Vista Oaks Cir Ne Single Family 1,236 C
1315 Vista Oaks Cir Ne Single Family 1,236 C
1111 Vista Oaks Cir Ne Single Family 1,236 C
3416 Vista Oaks Cir Ne Single Family 1,236 C
1115 Vista Oaks Cir Ne Single Family 1,236 C
1812 Vista Oaks Cir Ne Single Family 1,236 C
3412 Vista Oaks Cir Ne Single Family 1,236 C
1814 Vista Oaks Cir Ne Single Family 1,236 C
1113 Vista Oaks Cir Ne Single Family 1,236 C

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
4927 Pinewood Dr Ne .44 1,036 $175,000
4204 Canby Dr .57 2,306 $415,000
1780 Live Oak St Ne .65 828 $129,900
1780 Big Cypress St Ne .68 1,104 $200,000
1294 Cimarron Cir Ne .73 1,950 $424,900
1664 Sunny Brook Ln Ne 1.28 914 $225,000
2230 Monroe St Ne 1.35 2,496 $325,000
1500 Main St Ne 1.47 11,200 $1,099,000
603 Heming Way 1.5 0 $414,700
3848 Town Square Blvd 1.58 1,216 $295,000
1194 Ver Cir Ne 1.61 0 $415,000
2502 Victoria Dr Ne 1.8 0 $79,000
2971 Indian River Dr Ne 1.8 672 $158,000
3079 Indian River Dr Ne 1.81 672 $129,500
1181 Daytona Dr Ne 1.86 1,092 $284,000

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 21 of all properties in this area. This suggests it would appeal to someone earning around $27,679 per year who should qualify for a mortgage between $55,358 and $69,198.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$23,253
$46,507
$69,760
$93,013
$27,679

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 21 of all properties in this area. This corresponds to a rent of $707 per month and a monthly household income of $2,165 ($25,980 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$225
$2,220
$4,215
$6,210
$8,205
$2,165
$707

Nearby Companies

World Harvest, Inc.
1510 Bottlebrush Dr Ne
Palm Point Apartments, LLC
1630 Bottlebrush Dr
Bottlebrush Apartments, Inc.
1630 Bottlebrush Dr
Ruel Funelas, Inc.
1520 Bottlebrush Dr
Southland Lights & Electric Inc.
2911 Vista Oaks Cir
Terry Lach, L.L.C.
4016 Vista Oaks Circle Ne
Hh Cleaning LLC
1214 Vista Oaks Circle Ne
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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