1075 Festivo Ln 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 | |
|---|---|---|---|---|
| 1085 Festivo Ln Ne | Single Family | 1,707 | B |
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| 1065 Festivo Ln Ne | Single Family | 1,400 | B |
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| 270 Avens Rd Ne | Single Family | 1,875 | B |
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| 264 Avens Rd Ne | Single Family | 1,968 | B |
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| 276 Avens Rd Ne | Single Family | 864 | C |
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| 1055 Festivo Ln Ne | Single Family | 1,862 | B |
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| 1095 Festivo Ln Ne | Single Family | 1,717 | B |
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| 299 Clearbrook Ter Ne | Single Family | 1,904 | B |
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| 258 Avens Rd Ne | Single Family | 1,369 | B |
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| 1066 Festivo Ln Ne | Single Family | 1,774 | B |
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| 282 Avens Rd Ne | Single Family | 1,843 | B |
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| 246 Avens Rd Ne | Single Family | 3,940 | B |
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| 291 Clearbrook Ter Ne | Single Family | 2,738 | B |
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| 1045 Festivo Ln Ne | Vacant Residential | 0 | L | |
| 288 Avens Rd Ne | Single Family | 1,279 | B |
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| 290 Clearbrook Ter Ne | Single Family | 1,726 | B |
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| 269 Avens Rd Ne | Single Family | 1,873 | B |
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| 275 Avens Rd Ne | Single Family | 1,361 | B |
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| 240 Avens Rd Ne | Single Family | 1,502 | B |
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| 1036 Festivo Ln Ne | Vacant Residential | 0 | L | |
| 265 Avens Rd Ne | Single Family | 1,578 | B |
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| 255 Avens Rd Ne | Single Family | 1,587 | B |
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| 251 Avens Rd Ne | Single Family | 1,956 | B |
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| 281 Avens Rd Ne | Single Family | 1,234 | B |
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| 1035 Festivo Ln Ne | Single Family | 1,600 | B |
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| 247 Avens Rd Ne | Single Family | 1,732 | B |
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| 281 Clearbrook Ter Ne | Single Family | 1,954 | B |
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| 294 Avens Rd Ne | Single Family | 1,772 | B |
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| 280 Clearbrook Ter Ne | Single Family | 1,655 | B |
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| 287 Avens Rd Ne | Single Family | 1,132 | C |
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| 245 Avens Rd Ne | Vacant Residential | 0 | L | |
| 234 Avens Rd Ne | Single Family | 1,609 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1215 Shell Ct Ne | .33 | 960 | $139,900 |
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| 302 Arapahoe Ln Ne | .36 | 1,662 | $335,000 |
|
| 656 Delmonico St Ne | .67 | 0 | $389,900 | |
| 203 Eldron Blvd Ne | 1.2 | 0 | $67,000 | |
| 1139 Brickell St Se | 1.4 | 1,444 | $300,000 |
|
| 899 Andrew St Se | 1.46 | 0 | $459,900 | |
| 967 Armstrong Rd Se | 1.5 | 0 | $59,900 | |
| 961 Armstrong Rd Se | 1.52 | 0 | $59,900 | |
| 126 Deauville Ave Se | 1.58 | 0 | $55,000 | |
| 789 Duncan Rd Se | 1.59 | 0 | $50,000 | |
| 581 Andrew St Se | 1.66 | 0 | $35,000 | |
| 771 Everglade Ave Se | 1.77 | 0 | $59,900 | |
| 1323 Talleyrand St Se | 1.8 | 0 | $39,000 | |
| 1333 Talleyrand St Se | 1.8 | 0 | $39,000 | |
| 1664 Sunny Brook Ln Ne | 1.82 | 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.
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%.
Nearby Companies
246 Avens Rd Ne
1085 Festivo Ln
257 Avens Rd