1278 Gerrity St Sw, 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%.
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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 | |
|---|---|---|---|---|
| 1270 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1294 Gerrity St Sw | Single Family | 1,370 | B |
 |
| 1269 Gerry Rd Sw | Single Family | 1,566 | C |
|
| 581 Sea Crest Ave Sw | Vacant Residential | 0 | L | |
| 1285 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1277 Gerrity St Sw | Single Family | 2,237 | B |
|
| 1262 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1261 Gerry Rd Sw | Single Family | 2,116 | B |
|
| 1269 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1293 Gerrity St Sw | Single Family | 1,392 | B |
|
| 589 Sea Crest Ave Sw | Single Family | 1,954 | B |
|
| 591 Sea Crest Ave Sw | Single Family | 1,954 | B |
|
| 1261 Gerrity St Sw | Single Family | 1,646 | B |
|
| 1253 Gerry Rd Sw | Vacant Residential | 0 | L | |
| 574 Sea Crest Ave Sw | Vacant Residential | 0 | L | |
| 550 Sea Crest Ave Sw | Single Family | 1,528 | B |
|
| 566 Sea Crest Ave Sw | Single Family | 1,528 | B |
|
| 1286 Haulover St Sw | Vacant Residential | 0 | L | |
| 1278 Haulover St Sw | Vacant Residential | 0 | L | |
| 1254 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1270 Haulover St Sw | Vacant Residential | 0 | L | |
| 1253 Gerrity St Sw | Vacant Residential | 0 | L | |
| 1285 Gerry Rd Sw | Vacant Residential | 0 | L | |
| 582 Sea Crest Ave Sw | Single Family | 1,520 | C |
|
| 1270 Gerry Rd Sw | Vacant Residential | 0 | L | |
| 1246 Gerrity St Sw | Vacant Residential Land - Single Family Platted | 0 | L | |
| 1262 Haulover St Sw | Vacant Residential | 0 | L | |
| 542 Sea Crest Ave Sw | Vacant Residential | 0 | L | |
| 1245 Gerry Rd Sw | Single Family | 1,806 | B |
|
| 1485 Harper Blvd Sw | Vacant Residential | 0 | L | |
| 1254 Haulover St Sw | Single Family | 1,391 | B |
|
| 1471 Harper Blvd Sw | Single Family | 0 | B | |
| 1499 Harper Blvd Sw | Vacant Residential | 0 | L | |
| 1295 Gerry Rd Sw | Single Family | 1,808 | B |
|
| 1457 Harper Blvd Sw | Single Family | 1,808 | B |
|
| 1237 Gerrity St Sw | Single Family | 3,073 | B |
|
| 1238 Gerrity St Sw | Single Family | 1,645 | B |
|
| 534 Sea Crest Ave Sw | Vacant Residential | 0 | L | |
| 1505 Harper Blvd Sw | Single Family | 1,880 | B |
|
| 1246 Haulover St Sw | Vacant Residential | 0 | L | |
| 1285 Haulover St Sw | Vacant Residential | 0 | L | |
| 1286 Gerry Rd Sw | Single Family | 1,827 | B |
|
| 1261 Haulover St Sw | Single Family | 1,975 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1171 Tupelo Rd Sw | .26 | 0 | $37,000 | |
| 490 Birch Ave Sw | .32 | 0 | $47,900 | |
| 1370 Seabreeze St Sw | .39 | 0 | $49,900 | |
| 1266 Sapulpa Rd Sw | .59 | 0 | $349,900 | |
| 1316 Gideon St Sw | .62 | 0 | $40,000 | |
| 880 Geary St Sw | .75 | 0 | $49,900 | |
| 865 Harper Blvd Sw | .84 | 0 | $39,900 | |
| 1368 Wing Rd Sw | .85 | 0 | $52,500 | |
| 729 Gelaso St Sw | 1.18 | 0 | $348,900 | |
| 711 Micco St Sw | 1.21 | 0 | $348,900 | |
| 1341 Defender St Nw | 1.22 | 0 | $39,900 | |
| 461 Nardo Ave Sw | 1.25 | 2,233 | $369,000 |
|
| 590 Estes Ave Sw | 1.35 | 0 | $349,900 | |
| 533 Dando St Sw | 1.37 | 0 | $35,000 | |
| 346 Triana Ave Sw | 1.42 | 0 | $349,900 | |
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 69 of all properties in this area. This suggests it would appeal to someone earning around $94,904 per year who should qualify for a mortgage between $189,808 and $237,260.
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 69 of all properties in this area. This corresponds to a rent of $985 per month and a monthly household income of $3,670 ($44,040 per year)
Nearby Companies
1290 Sw Gerry Rd