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 
440 Bluefields St Se Single Family 1,116 C
450 Bluefields St Se Vacant Residential 0 L
582 Gasparilla Ave Se Vacant Residential 0 L
581 Eldron Blvd Se Single Family 1,793 B
415 Brickell St Se Single Family 1,537 C
460 Bluefields St Se Single Family 1,188 B
429 Brickell St Se Vacant Residential 0 L
401 Brickell St Se Single Family 1,096 B
572 Gasparilla Ave Se Single Family 1,733 B
583 Eldron Blvd Se Vacant Residential 0 L
461 Bluefields St Se Single Family 1,034 C
443 Brickell St Se Vacant Residential 0 L
596 Eldron Blvd Se Vacant Residential 0 L
470 Bluefields St Se Vacant Residential 0 L
457 Brickell St Se Vacant Residential 0 L
580 Eldron Blvd Se Single Family 1,429 C
471 Bluefields St Se Single Family 1,594 B
566 Gasparilla Ave Se Single Family 1,603 B
565 Eldron Blvd Se Vacant Residential 0 L
393 Brickell St Se Single Family 1,805 C
588 Eldron Blvd Se Single Family 1,393 C
571 Gasparilla Ave Se Vacant Residential 0 L
471 Brickell St Se Vacant Residential 0 L
480 Bluefields St Se Vacant Residential 0 L
428 Brickell St Se Single Family 1,000 C
621 Eldron Blvd Se Single Family 1,458 C
558 Gasparilla Ave Se Single Family 992 C
557 Eldron Blvd Se Vacant Residential 0 L
563 Gasparilla Ave Se Vacant Residential 0 L
385 Brickell St Se Vacant Residential 0 L
390 Bali St Se Single Family 1,257 B
590 Howe Ave Se Single Family 1,388 C
485 Brickell St Se Single Family 890 C
370 Bali St Se Vacant Residential 0 L
380 Bali St Se Vacant Residential Land - Single Family Platted 0 L
490 Bluefields St Se Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
581 Andrew St Se .27 0 $35,000
771 Everglade Ave Se .52 0 $59,900
930 Hammacher Ave Sw .93 0 $434,800
679 Airoso Rd Se .97 0 $341,990
967 Armstrong Rd Se .99 0 $59,900
961 Armstrong Rd Se .99 0 $59,900
126 Deauville Ave Se 1.03 0 $55,000
660 Merrimac St Se 1.09 0 $399,900
236 Santo Domingo Ave Sw 1.14 0 $49,900
203 Eldron Blvd Ne 1.18 0 $67,000
328 Danis Rd Sw 1.19 0 $59,000
789 Duncan Rd Se 1.22 0 $50,000
433 Harrington St Sw 1.29 0 $349,900
160 Hanley Rd Sw 1.47 0 $37,000
302 Arapahoe Ln Ne 1.47 1,662 $335,000

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.

The tax assessed value of this property places it in percentile 25 of all properties in this area. This suggests it would appeal to someone earning around $39,185 per year who should qualify for a mortgage between $78,370 and $97,963.

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 25 of all properties in this area. This corresponds to a rent of $662 per month and a monthly household income of $2,518 ($30,216 per year)

Nearby Companies

Monari, Inc.
428 Brickell St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.