860 Andrew St 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 | |
|---|---|---|---|---|
| 870 Andrew St Se | Single Family | 1,866 | B |
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| 871 Coconut St Se | Single Family | 1,152 | C |
|
| 861 Andrew St Se | Vacant Residential | 0 | L | |
| 871 Andrew St Se | Single Family | 1,274 | C |
|
| 2074 Emerson Dr Se | Single Family | 1,385 | C |
|
| 881 Coconut St Se | Vacant Residential | 0 | L | |
| 880 Andrew St Se | Single Family | 1,930 | B |
|
| 2098 Emerson Dr Se | Single Family | 934 | C |
|
| 881 Andrew St Se | Single Family | 1,179 | C |
|
| 2105 Emerson Dr Se | Single Family | 2,080 | B |
|
| 840 Andrew St Se | Vacant Residential | 0 | L | |
| 891 Andrew St Se | Vacant Residential | 0 | L | |
| 2025 Emerson Dr Se | Single Family | 1,196 | C |
|
| 891 Coconut St Se | Vacant Residential | 0 | L | |
| 870 Brickell St Se | Vacant Residential | 0 | L | |
| 841 Coconut St Se | Vacant Residential | 0 | L | |
| 841 Andrew St Se | Vacant Residential | 0 | L | |
| 898 Andrew St Se | Vacant Residential | 0 | L | |
| 880 Brickell St Se | Single Family | 1,257 | B |
|
| 2104 Emerson Dr Se | Single Family | 1,300 | C |
|
| 899 Andrew St Se | Vacant Residential | 0 | L | |
| 830 Andrew St Se | Vacant Residential | 0 | L | |
| 2115 Emerson Dr Se | Single Family | 1,305 | C |
|
| 840 Brickell St Se | Vacant Residential | 0 | L | |
| 890 Brickell St Se | Single Family | 1,257 | B |
|
| 701 Carlyle Ave Se | Vacant Residential | 0 | L | |
| 831 Coconut St Se | Vacant Residential | 0 | L | |
| 710 Carlyle Ave Se | Vacant Residential | 0 | L | |
| 831 Andrew St Se | Vacant Residential | 0 | L | |
| 2114 Emerson Dr Se | Single Family | 1,055 | B |
|
| 901 Andrew St Se | Vacant Residential | 0 | L | |
| 898 Brickell St Se | Vacant Residential | 0 | L | |
| 701 Campina Ave Se | Single Family | 1,200 | C |
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| 714 Corinne Ave Se | Single Family | 1,314 | C |
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| 820 Andrew St Se | Vacant Residential | 0 | L | |
| 707 Carlyle Ave Se | Single Family | 1,390 | B |
|
| 2125 Emerson Dr Se | Single Family | 2,080 | B |
|
| 821 Coconut St Se | Single Family | 2,020 | B |
|
| 726 Corinne Ave Se | Single Family | 941 | C |
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| 720 Carlyle Ave Se | Vacant Residential | 0 | L | |
| 830 Brickell St Se | Vacant Residential | 0 | L | |
| 861 Brickell St Se | Single Family | 1,236 | B |
|
| 821 Andrew St Se | Vacant Residential | 0 | L | |
| 871 Brickell St Se | Single Family | 900 | C |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 967 Armstrong Rd Se | .2 | 0 | $59,900 | |
| 961 Armstrong Rd Se | .2 | 0 | $59,900 | |
| 771 Everglade Ave Se | .4 | 0 | $59,900 | |
| 789 Duncan Rd Se | .42 | 0 | $50,000 | |
| 581 Andrew St Se | .53 | 0 | $35,000 | |
| 679 Airoso Rd Se | .78 | 0 | $341,990 | |
| 660 Merrimac St Se | .94 | 0 | $399,900 | |
| 1323 Talleyrand St Se | .95 | 0 | $39,000 | |
| 1333 Talleyrand St Se | .96 | 0 | $39,000 | |
| 1001 Sablon St Se | 1.29 | 0 | $334,750 | |
| 302 Arapahoe Ln Ne | 1.42 | 1,662 | $335,000 |
|
| 930 Hammacher Ave Sw | 1.57 | 0 | $434,800 | |
| 729 Seven Gables Cir Se | 1.58 | 1,352 | $350,000 |
|
| 203 Eldron Blvd Ne | 1.59 | 0 | $67,000 | |
| 656 Delmonico St Ne | 1.61 | 0 | $389,900 | |
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.
The tax assessed value of this property places it in percentile 40 of all properties in this area. This suggests it would appeal to someone earning around $54,164 per year who should qualify for a mortgage between $108,328 and $135,410.
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 40 of all properties in this area. This corresponds to a rent of $774 per month and a monthly household income of $2,830 ($33,960 per year)