951 De Groodt Rd 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%.
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 | |
|---|---|---|---|---|
| 961 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 941 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 750 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 960 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 940 Hanson Ave Sw | Single Family | 1,056 | B |
 |
| 931 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 971 De Groodt Rd Sw | Single Family | 1,003 | B |
|
| 970 Hanson Ave Sw | Single Family | 1,700 | B |
|
| 930 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 950 De Groodt Rd Sw | Single Family | 1,188 | B |
|
| 940 De Groodt Rd Sw | Single Family | 2,495 | B |
|
| 960 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 981 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 930 De Groodt Rd Sw | Single Family | 1,772 | B |
|
| 970 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 961 Hanson Ave Sw | Single Family | 1,056 | C |
|
| 990 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 941 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 920 De Groodt Rd Sw | Single Family | 2,479 | B |
|
| 991 De Groodt Rd Sw | Single Family | 1,661 | B |
|
| 980 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 951 Garlenda Ave Sw | Vacant Residential | 0 | L | |
| 971 Hanson Ave Sw | Single Family | 1,056 | C |
|
| 931 Hanson Ave Sw | Single Family | 1,621 | B |
|
| 961 Garlenda Ave Sw | Vacant Residential | 0 | L | |
| 931 Garlenda Ave Sw | Vacant Residential | 0 | L | |
| 971 Garlenda Ave Sw | Vacant Residential | 0 | L | |
| 999 De Groodt Rd Sw | Vacant Residential | 0 | L | |
| 990 De Groodt Rd Sw | Single Family | 1,074 | B |
|
| 230 Hagerstown St Sw | Single Family | 1,942 | B |
|
| 181 Hagerstown St Sw | Vacant Residential | 0 | L | |
| 981 Hanson Ave Sw | Single Family | 1,056 | C |
|
| 1000 Hanson Ave Sw | Vacant Residential | 0 | L | |
| 950 Hammacher Ave Sw | Single Family | 1,372 | B |
|
| 960 Hammacher Ave Sw | Single Family | 1,172 | C |
|
| 940 Hammacher Ave Sw | Single Family | 1,238 | C |
|
| 165 Hagerstown St Sw | Single Family | 1,292 | B |
|
| 201 Hagerstown St Sw | Single Family | 1,196 | B |
|
| 981 Garlenda Ave Sw | Single Family | 1,627 | B |
|
| 970 Hammacher Ave Sw | Single Family | 1,292 | B |
|
| 930 Hammacher Ave Sw | Vacant Residential | 0 | L | |
| 149 Hagerstown St Sw | Single Family | 2,254 | B |
|
| 998 De Groodt Rd Sw | Single Family | 1,318 | B |
|
| 215 Hagerstown St Sw | Single Family | 1,466 | C |
|
| 1011 De Groodt Rd Sw | Single Family | 2,008 | B |
|
| 980 Hammacher Ave Sw | Single Family | 1,860 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 930 Hammacher Ave Sw | .09 | 0 | $434,800 | |
| 1085 Harlingen Rd Sw | .47 | 0 | $35,000 | |
| 328 Danis Rd Sw | .58 | 0 | $59,000 | |
| 160 Hanley Rd Sw | .64 | 0 | $37,000 | |
| 1290 Amelia Ave Sw | .64 | 0 | $42,000 | |
| 433 Harrington St Sw | .75 | 0 | $349,900 | |
| 533 Dando St Sw | .8 | 0 | $35,000 | |
| 1374 Saxony Rd Sw | .8 | 0 | $35,000 | |
| 143 Inez St Se | .91 | 0 | $69,900 | |
| 1403 Platt Ave Sw | .92 | 0 | $42,000 | |
| 1415 Platt Ave Sw | .93 | 0 | $42,000 | |
| 590 Estes Ave Sw | .95 | 0 | $349,900 | |
| 711 Micco St Sw | .97 | 0 | $348,900 | |
| 729 Gelaso St Sw | 1.01 | 0 | $348,900 | |
| 581 Andrew St Se | 1.18 | 0 | $35,000 | |
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%.