377 Bali St Se, 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 381 Bali St Se | Single Family | 1,676 | B |
 |
| 361 Bali St Se | Single Family | 1,463 | C |
|
| 571 El Dorado Ave Se | Single Family | 1,056 | C |
|
| 585 El Dorado Ave Se | Single Family | 1,020 | C |
|
| 398 Caribbean St Se | Vacant Residential | 0 | L | |
| 376 Caribbean St Se | Vacant Residential | 0 | L | |
| 380 Bali St Se | Vacant Residential Land - Single Family Platted | 0 | L | |
| 414 Caribbean St Se | Vacant Residential | 0 | L | |
| 391 Bali St Se | Single Family | 2,035 | B |
|
| 599 El Dorado Ave Se | Single Family | 1,200 | C |
|
| 390 Bali St Se | Single Family | 1,257 | B |
|
| 398 Cactus St Se | Single Family | 928 | C |
|
| 432 Caribbean St Se | Vacant Residential | 0 | L | |
| 381 Cactus St Se | Single Family Residence | 1,422 | C |
|
| 580 Eldron Blvd Se | Single Family | 1,429 | C |
|
| 598 El Dorado Ave Se | Single Family | 1,080 | C |
|
| 360 Bali St Se | Single Family | 1,557 | C |
|
| 556 El Dorado Ave Se | Single Family | 1,352 | C |
|
| 588 Eldron Blvd Se | Single Family | 1,393 | C |
|
| 399 Caribbean St Se | Vacant Residential | 0 | L | |
| 377 Caribbean St Se | Single Family | 2,395 | B |
|
| 350 Bali St Se | Single Family | 1,615 | B |
|
| 370 Bali St Se | Vacant Residential | 0 | L | |
| 415 Caribbean St Se | Vacant Residential | 0 | L | |
| 355 Caribbean St Se | Single Family | 1,200 | C |
|
| 340 Bali St Se | Single Family | 1,387 | B |
|
| 433 Caribbean St Se | Vacant Residential | 0 | L | |
| 398 Eckert St Se | Single Family | 1,931 | B |
|
| 311 Bali St Se | Single Family | 1,621 | B |
|
| 330 Bali St Se | Vacant Residential | 0 | L | |
| 362 Cactus St Se | Single Family | 1,218 | C |
|
| 596 Eldron Blvd Se | Vacant Residential | 0 | L | |
| 529 El Dorado Ave Se | Single Family | 1,786 | C |
|
| 320 Bali St Se | Vacant Residential | 0 | L | |
| 380 Eckert St Se | Single Family | 2,024 | B |
|
| 307 Bali St Se | Vacant Residential | 0 | L | |
| 363 Cactus St Se | Vacant Residential | 0 | L |
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 581 Andrew St Se | .39 | 0 | $35,000 | |
| 771 Everglade Ave Se | .65 | 0 | $59,900 | |
| 926 Commerce Rd Se | .7 | 1,480 | $305,500 |
|
| 930 Hammacher Ave Sw | .9 | 0 | $434,800 | |
| 126 Deauville Ave Se | .93 | 0 | $55,000 | |
| 236 Santo Domingo Ave Sw | 1.02 | 0 | $49,900 | |
| 679 Airoso Rd Se | 1.08 | 0 | $341,990 | |
| 328 Danis Rd Sw | 1.09 | 0 | $59,000 | |
| 967 Armstrong Rd Se | 1.11 | 0 | $59,900 | |
| 961 Armstrong Rd Se | 1.11 | 0 | $59,900 | |
| 203 Eldron Blvd Ne | 1.12 | 0 | $67,000 | |
| 433 Harrington St Sw | 1.19 | 0 | $349,900 | |
| 660 Merrimac St Se | 1.19 | 0 | $399,900 | |
| 789 Duncan Rd Se | 1.33 | 0 | $50,000 | |
| 590 Estes Ave Sw | 1.4 | 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 56 of all properties in this area. This suggests it would appeal to someone earning around $73,791 per year who should qualify for a mortgage between $147,582 and $184,478.
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 56 of all properties in this area. This corresponds to a rent of $888 per month and a monthly household income of $3,297 ($39,564 per year)
Nearby Companies
399 Eckert St Sw
361 Bali St Se