1071 Hoyt Ct 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 | |
|---|---|---|---|---|
| 243 Pelican Dr Ne | Vacant Residential | 0 | L | |
| 1081 Hoyt Ct Ne | Single Family | 1,988 | B |
 |
| 1030 Hoyt Ct Ne | Single Family | 1,592 | B |
|
| 234 Pelican Dr Ne | Single Family | 1,250 | C |
|
| 226 Pelican Dr Ne | Single Family | 1,838 | B |
|
| 1040 Herne Ave Ne | Single Family | 1,676 | B |
|
| 1091 Hoyt Ct Ne | Single Family | 2,488 | B |
|
| 1070 Hoyt Ct Ne | Single Family | 2,018 | B |
|
| 251 Pelican Dr Ne | Single Family | 1,996 | B |
|
| 242 Pelican Dr Ne | Vacant Residential | 0 | L | |
| 1058 Herne Ave Ne | Single Family | 1,852 | B |
|
| 218 Pelican Dr Ne | Single Family | 2,868 | B |
|
| 211 Pelican Dr Ne | Single Family | 1,856 | B |
|
| 1084 Herne Ave Ne | Single Family | 2,244 | B |
|
| 250 Pelican Dr Ne | Single Family | 2,090 | B |
|
| 255 Salmon Dr Ne | Single Family | 1,655 | B |
|
| 251 Salmon Dr Ne | Single Family | 1,777 | B |
|
| 270 Humkey St Ne | Single Family | 1,825 | B |
|
| 284 Humkey St Ne | Single Family | 1,863 | B |
|
| 261 Salmon Dr Ne | Single Family | 2,352 | B |
|
| 210 Pelican Dr Ne | Vacant Residential | 0 | L | |
| 241 Salmon Dr Ne | Single Family | 2,318 | B |
|
| 256 Humkey St Ne | Single Family | 1,576 | B |
|
| 1057 Herne Ave Ne | Single Family | 1,784 | B |
|
| 259 Pelican Dr Ne | Single Family | 2,795 | B |
|
| 1039 Herne Ave Ne | Single Family | 1,779 | B |
|
| 1098 Herne Ave Ne | Single Family | 2,245 | B |
|
| 271 Salmon Dr Ne | Single Family | 1,372 | B |
|
| 258 Pelican Dr Ne | Single Family | 1,635 | B |
|
| 314 Pepper St Ne | Single Family | 2,037 | B |
|
| 1021 Herne Ave Ne | Single Family | 1,590 | B |
|
| 203 Pelican Dr Ne | Single Family | 2,666 | B |
|
| 231 Salmon Dr Ne | Single Family | 1,614 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 383 Emerson Dr Nw | .81 | 1,130 | $265,999 |
|
| 1386 Unter Ave Nw | .93 | 0 | $362,900 | |
| 656 Delmonico St Ne | 1.47 | 0 | $389,900 | |
| 203 Eldron Blvd Ne | 1.55 | 0 | $67,000 | |
| 740 Norse St Nw | 1.55 | 0 | $55,000 | |
| 302 Arapahoe Ln Ne | 1.76 | 1,662 | $335,000 |
|
| 126 Deauville Ave Se | 1.79 | 0 | $55,000 | |
| 236 Santo Domingo Ave Sw | 2.14 | 0 | $49,900 | |
| 1215 Shell Ct Ne | 2.16 | 960 | $139,900 |
|
| 615 Sedgewood Cir | 2.19 | 1,378 | $325,000 |
|
| 1043 Pace Dr Nw | 2.21 | 0 | $356,900 | |
| 1196 Malone St Nw | 2.45 | 1,384 | $325,000 |
|
| 603 Heming Way | 2.47 | 0 | $414,700 | |
| 346 Triana Ave Sw | 2.47 | 0 | $349,900 | |
| 1664 Sunny Brook Ln Ne | 2.62 | 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 58 of all properties in this area. This suggests it would appeal to someone earning around $76,866 per year who should qualify for a mortgage between $153,732 and $192,165.
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 58 of all properties in this area. This corresponds to a rent of $899 per month and a monthly household income of $3,339 ($40,068 per year)
Nearby Companies
256 Humkey St Ne
257 Humkey St Ne