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 
971 Eldron Blvd Se Vacant Residential 0 L
941 Eldron Blvd Se Single Family 1,492 B
950 Cloverleaf Ave Se Vacant Residential 0 L
962 Cloverleaf Ave Se Single Family 1,865 C
981 Eldron Blvd Se Single Family 882 C
938 Cloverleaf Ave Se Single Family 861 C
974 Cloverleaf Ave Se Single Family 1,092 C
960 Eldron Blvd Se Vacant Residential 0 L
970 Eldron Blvd Se Vacant Residential 0 L
950 Eldron Blvd Se Single Family 2,032 B
926 Cloverleaf Ave Se Vacant Residential 0 L
931 Eldron Blvd Se Vacant Residential 0 L
991 Eldron Blvd Se Vacant Residential 0 L
980 Eldron Blvd Se Single Family 1,755 B
986 Cloverleaf Ave Se Vacant Residential 0 L
940 Eldron Blvd Se Vacant Residential 0 L
914 Cloverleaf Ave Se Single Family 1,640 B
951 Cloverleaf Ave Se Vacant Residential 0 L
990 Eldron Blvd Se Single Family 1,068 C
939 Cloverleaf Ave Se Single Family 2,200 C
921 Eldron Blvd Se Vacant Residential 0 L
963 Cloverleaf Ave Se Single Family 1,134 C
930 Eldron Blvd Se Vacant Residential 0 L
975 Commerce Rd Se Single Family 864 C
981 Commerce Rd Se Vacant Residential 0 L
969 Commerce Rd Se Single Family 1,257 B
975 Cloverleaf Ave Se Single Family 1,726 B
987 Commerce Rd Se Single Family 2,035 B
915 Cloverleaf Ave Se Vacant Residential 0 L
419 Entrada St Se Single Family 1,308 C
428 Collings St Se Single Family 1,599 C
920 Eldron Blvd Se Vacant Residential 0 L
993 Commerce Rd Se Vacant Residential 0 L
911 Eldron Blvd Se Single Family 1,848 B
963 Commerce Rd Se Single Family 1,688 B
960 Carrot Ave Se Single Family 904 C
950 Carrot Ave Se Single Family 1,480 C
456 Collings St Se Single Family 2,199 B
970 Carrot Ave Se Single Family 1,620 B
980 Carrot Ave Se Vacant Residential 0 L
483 Entrada St Se Single Family 2,173 B
500 Milford St Se Vacant Residential 0 L
470 Collings St Se Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
771 Everglade Ave Se .55 0 $59,900
660 Merrimac St Se .55 0 $399,900
581 Andrew St Se .6 0 $35,000
930 Hammacher Ave Sw .72 0 $434,800
143 Inez St Se .97 0 $69,900
160 Hanley Rd Sw .98 0 $37,000
961 Armstrong Rd Se 1.09 0 $59,900
967 Armstrong Rd Se 1.1 0 $59,900
1374 Saxony Rd Sw 1.13 0 $35,000
1085 Harlingen Rd Sw 1.22 0 $35,000
1290 Amelia Ave Sw 1.25 0 $42,000
328 Danis Rd Sw 1.26 0 $59,000
789 Duncan Rd Se 1.26 0 $50,000
1001 Sablon St Se 1.31 0 $334,750
2970 Emerson Dr Se 1.39 0 $47,900

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%.

Nearby Companies

Big Boy Cuts LLC
950 Eldron Blvd Se
Disclaimers and Disclosures

Public Records Data

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