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 
474 Rome Ave Ne Single Family 1,669 B
458 Rome Ave Ne Vacant Residential 0 L
483 Homestead Ave Ne Single Family 1,515 B
491 Homestead Ave Ne Single Family 1,821 C
473 Homestead Ave Ne Single Family 1,522 B
482 Rome Ave Ne Single Family 1,592 B
450 Rome Ave Ne Single Family 1,391 B
467 Rome Ave Ne Single Family 1,603 B
459 Homestead Ave Ne Single Family 2,160 B
457 Rome Ave Ne Single Family 1,342 B
499 Homestead Ave Ne Single Family 1,669 B
451 Homestead Ave Ne Single Family 1,326 C
483 Rome Ave Ne Vacant Residential 0 L
490 Rome Ave Ne Single Family 1,280 C
443 Rome Ave Ne Single Family 1,176 C
503 Homestead Ave Ne Single Family 2,120 B
482 Homestead Ave Ne Single Family 1,782 B
490 Homestead Ave Ne Vacant Residential 0 L
442 Rome Ave Ne Single Family 1,687 B
443 Homestead Ave Ne Single Family 1,028 C
491 Rome Ave Ne Single Family 1,058 C
470 Plant Ave Ne Single Family 1,893 B
498 Homestead Ave Ne Single Family 1,394 C
1495 Hyacinth St Ne Single Family 1,574 C
498 Rome Ave Ne Single Family 2,261 B
1496 Hyacinth St Ne Single Family 1,499 B
480 Plant Ave Ne Single Family 1,784 B
435 Rome Ave Ne Single Family 1,376 C
460 Plant Ave Ne Single Family 1,484 B
458 Homestead Ave Ne Single Family 1,176 C
498 Nina Rd Ne Single Family 905 C
502 Homestead Ave Ne Single Family 1,532 B
435 Homestead Ave Ne Single Family 2,780 B
499 Rome Ave Ne Single Family 1,501 C
450 Homestead Ave Ne Single Family 1,075 C
490 Plant Ave Ne Vacant Residential 0 L
525 Picasso Ave Ne Single Family 1,179 C
518 Homestead Ave Ne Single Family 1,517 C
531 Picasso Ave Ne Single Family 1,330 C
426 Rome Ave Ne Single Family 1,629 B
450 Plant Ave Ne Single Family 1,572 B
427 Rome Ave Ne Single Family 894 C
513 Picasso Ave Ne Single Family 2,120 B
442 Homestead Ave Ne Single Family 1,476 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
1203 Linmoor Cir Ne .63 1,320 $350,000
1498 Norman St Ne .63 0 $99,800
1215 Shell Ct Ne .75 960 $139,900
1664 Sunny Brook Ln Ne 1.02 914 $225,000
2264 Ladner Rd Ne 1.37 0 $49,900
302 Arapahoe Ln Ne 1.43 1,662 $335,000
1491 Emerson Dr Ne 1.48 1,734 $799,000
1294 Cimarron Cir Ne 1.51 1,950 $424,900
880 Malabar Rd 1.51 900 $1,500,000
656 Delmonico St Ne 1.7 0 $389,900
1139 Brickell St Se 1.9 1,444 $300,000
1333 Talleyrand St Se 2.05 0 $39,000
1323 Talleyrand St Se 2.05 0 $39,000
789 Duncan Rd Se 2.12 0 $50,000
967 Armstrong Rd Se 2.15 0 $59,900

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 85 of all properties in this area. This suggests it would appeal to someone earning around $105,461 per year who should qualify for a mortgage between $210,922 and $263,653.

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 85 of all properties in this area. This corresponds to a rent of $1,302 per month and a monthly household income of $3,560 ($42,720 per year)

Nearby Companies

Byrdman Group LLC
435 Homestead Ave Ne
R & R Management, Inc.
482 Homestead Ave
R. Santos Inc.
482 Homestead Ave
Vaeske LLC
491 Homestead Ave Ne
Heather Reid Photography LLC
502 Homestead Ave 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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