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 
1161 Flagami Rd Se Vacant Residential 0 L
1181 Flagami Rd Se Single Family 1,016 C
429 Booker Ave Se Vacant Residential 0 L
415 Booker Ave Se Single Family 1,728 C
1151 Flagami Rd Se Single Family 1,450 B
1170 Flagami Rd Se Vacant Residential 0 L
401 Booker Ave Se Single Family 3,103 B
1166 Grandeur St Se Single Family 1,000 C
1150 Flagami Rd Se Single Family 1,581 B
485 Booker Ave Se Single Family 1,678 B
1099 Hosbine St Se Single Family 968 C
1141 Flagami Rd Se Single Family 1,404 B
428 Azalea Ave Se Vacant Residential 0 L
414 Azalea Ave Se Single Family 898 C
1140 Flagami Rd Se Single Family 1,204 C
442 Azalea Ave Se Single Family 1,090 B
1120 Grandeur St Se Single Family 1,713 B
1151 Grandeur St Se Single Family 2,020 B
1143 Grandeur St Se Single Family 2,249 B
1159 Grandeur St Se Vacant Residential 0 L
456 Azalea Ave Se Vacant Residential 0 L
1135 Grandeur St Se Single Family 2,495 B
1167 Grandeur St Se Single Family 1,695 B
1091 Hosbine St Se Vacant Residential 0 L
1130 Flagami Rd Se Single Family 1,300 C
470 Azalea Ave Se Vacant Residential 0 L
470 Booker Ave Se Single Family 1,611 B
1112 Grandeur St Se Single Family 1,480 B
1127 Grandeur St Se Single Family 1,151 C
1090 Hosbine St Se Vacant Residential 0 L
1111 Flagami Rd Se Single Family 904 C
1175 Grandeur St Se Vacant Residential 0 L
1081 Hosbine St Se Single Family 1,296 C
484 Azalea Ave Se Single Family 2,093 B
478 Booker Ave Se Single Family 1,842 B
1183 Grandeur St Se Vacant Residential 0 L
1120 Flagami Rd Se Single Family 904 C
1104 Grandeur St Se Vacant Residential 0 L
1080 Hosbine St Se Single Family 1,376 C
429 Azalea Ave Se Vacant Residential 0 L
443 Azalea Ave Se Single Family 1,243 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
1139 Brickell St Se .44 1,444 $300,000
967 Armstrong Rd Se .65 0 $59,900
789 Duncan Rd Se .65 0 $50,000
961 Armstrong Rd Se .66 0 $59,900
1323 Talleyrand St Se .83 0 $39,000
1333 Talleyrand St Se .84 0 $39,000
1215 Shell Ct Ne 1 960 $139,900
302 Arapahoe Ln Ne 1.07 1,662 $335,000
771 Everglade Ave Se 1.14 0 $59,900
581 Andrew St Se 1.18 0 $35,000
1051 Johnston Rd Se 1.28 0 $40,000
656 Delmonico St Ne 1.37 0 $389,900
679 Airoso Rd Se 1.51 0 $341,990
203 Eldron Blvd Ne 1.63 0 $67,000
660 Merrimac St Se 1.66 0 $399,900

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.

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%.

Disclaimers and Disclosures

Public Records Data

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