407 Cheltenham Ave 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:
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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 | |
|---|---|---|---|---|
| 423 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 900 Castile Rd Se | Single Family | 2,038 | B |
 |
| 906 Castile Rd Se | Vacant Residential | 0 | L | |
| 406 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 431 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 911 Grandeur St Se | Single Family | 1,010 | C |
|
| 912 Castile Rd Se | Single Family | 2,142 | B |
|
| 901 Grandeur St Se | Single Family | 1,515 | C |
|
| 412 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 899 Grandeur St Se | Single Family | 1,404 | C |
|
| 921 Grandeur St Se | Single Family | 1,090 | B |
|
| 918 Castile Rd Se | Single Family | 2,002 | B |
|
| 418 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 439 Cheltenham Ave Se | Single Family | 1,014 | C |
|
| 421 Havana Ave Se | Vacant Residential | 0 | L | |
| 931 Grandeur St Se | Single Family | 1,566 | B |
|
| 926 Castile Rd Se | Vacant Residential | 0 | L | |
| 431 Havana Ave Se | Vacant Residential | 0 | L | |
| 891 Grandeur St Se | Single Family | 2,523 | B |
|
| 426 Cheltenham Ave Se | Vacant Residential | 0 | L | |
| 447 Cheltenham Ave Se | Single Family | 988 | C |
|
| 441 Havana Ave Se | Vacant Residential | 0 | L | |
| 934 Castile Rd Se | Single Family | 1,476 | B |
|
| 941 Grandeur St Se | Single Family | 1,920 | B |
|
| 954 Grandeur St Se | Vacant Residential | 0 | L | |
| 434 Cheltenham Ave Se | Single Family | 1,000 | C |
|
| 451 Havana Ave Se | Single Family | 1,752 | B |
|
| 918 Douglas St Se | Single Family | 1,674 | B |
|
| 882 Grandeur St Se | Single Family | 2,083 | B |
|
| 926 Douglas St Se | Vacant Residential | 0 | L | |
| 885 Grandeur St Se | Single Family | 1,667 | C |
|
| 455 Cheltenham Ave Se | Single Family | 1,014 | C |
|
| 910 Douglas St Se | Single Family | 1,056 | C |
|
| 934 Douglas St Se | Vacant Residential | 0 | L | |
| 931 Hosbine St Se | Single Family | 1,998 | B |
|
| 410 Havana Ave Se | Vacant Residential | 0 | L | |
| 902 Douglas St Se | Vacant Residential | 0 | L | |
| 420 Havana Ave Se | Vacant Residential | 0 | L | |
| 942 Castile Rd Se | Vacant Residential | 0 | L | |
| 951 Castile Rd Se | Vacant Residential | 0 | L | |
| 461 Havana Ave Se | Single Family | 1,189 | C |
|
| 942 Douglas St Se | Single Family | 2,228 | C |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 967 Armstrong Rd Se | .58 | 0 | $59,900 | |
| 961 Armstrong Rd Se | .59 | 0 | $59,900 | |
| 789 Duncan Rd Se | .72 | 0 | $50,000 | |
| 581 Andrew St Se | .83 | 0 | $35,000 | |
| 771 Everglade Ave Se | .87 | 0 | $59,900 | |
| 302 Arapahoe Ln Ne | .88 | 1,662 | $335,000 |
|
| 1215 Shell Ct Ne | 1.1 | 960 | $139,900 |
|
| 1323 Talleyrand St Se | 1.11 | 0 | $39,000 | |
| 656 Delmonico St Ne | 1.12 | 0 | $389,900 | |
| 1333 Talleyrand St Se | 1.12 | 0 | $39,000 | |
| 203 Eldron Blvd Ne | 1.26 | 0 | $67,000 | |
| 679 Airoso Rd Se | 1.34 | 0 | $341,990 | |
| 126 Deauville Ave Se | 1.44 | 0 | $55,000 | |
| 926 Commerce Rd Se | 1.48 | 1,480 | $305,500 |
|
| 660 Merrimac St Se | 1.5 | 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%.