991 Brickell 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%.
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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 | |
|---|---|---|---|---|
| 999 Brickell St Se | Vacant Residential | 0 | L | |
| 983 Brickell St Se | Vacant Residential | 0 | L | |
| 1003 Brickell St Se | Single Family | 1,056 | C |
 |
| 975 Brickell St Se | Single Family | 1,564 | C |
|
| 990 Brickell St Se | Vacant Residential | 0 | L | |
| 998 Brickell St Se | Single Family | 1,192 | C |
|
| 982 Brickell St Se | Single Family | 1,134 | C |
|
| 974 Coquina St Se | Vacant Residential | 0 | L | |
| 966 Coquina St Se | Vacant Residential | 0 | L | |
| 967 Brickell St Se | Vacant Residential | 0 | L | |
| 1015 Brickell St Se | Single Family | 1,304 | C |
|
| 982 Coquina St Se | Vacant Residential | 0 | L | |
| 974 Brickell St Se | Vacant Residential | 0 | L | |
| 958 Coquina St Se | Single Family | 1,088 | C |
|
| 1002 Brickell St Se | Vacant Residential | 2,304 | B |
|
| 990 Coquina St Se | Single Family | 1,624 | B |
|
| 985 Armstrong Rd Se | Single Family | 1,152 | C |
|
| 987 Armstrong Rd Se | Vacant Residential | 0 | L | |
| 950 Coquina St Se | Single Family | 1,858 | B |
|
| 966 Brickell St Se | Vacant Residential | 0 | L | |
| 959 Brickell St Se | Vacant Residential | 0 | L | |
| 991 Armstrong Rd Se | Vacant Residential | 0 | L | |
| 992 Coquina St Se | Single Family | 2,333 | B |
|
| 1039 Brickell St Se | Single Family | 2,080 | B |
|
| 942 Coquina St Se | Single Family | 1,482 | C |
|
| 995 Armstrong Rd Se | Single Family | 1,170 | C |
|
| 958 Brickell St Se | Single Family | 1,460 | C |
|
| 951 Brickell St Se | Single Family | 1,641 | B |
|
| 967 Coquina St Se | Vacant Residential | 0 | L | |
| 975 Coquina St Se | Vacant Residential | 0 | L | |
| 959 Coquina St Se | Vacant Residential | 0 | L | |
| 983 Coquina St Se | Vacant Residential | 0 | L | |
| 999 Armstrong Rd Se | Vacant Residential | 0 | L | |
| 998 Coquina St Se | Single Family | 1,479 | C |
|
| 934 Coquina St Se | Vacant Residential | 0 | L | |
| 951 Coquina St Se | Vacant Residential | 0 | L | |
| 991 Coquina St Se | Single Family | 1,920 | B |
|
| 979 Armstrong Rd Se | Single Family | 864 | C |
|
| 943 Brickell St Se | Vacant Residential | 0 | L | |
| 1051 Brickell St Se | Vacant Residential | 0 | L | |
| 703 Alfonso Ave Se | Single Family | 1,594 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 967 Armstrong Rd Se | .13 | 0 | $59,900 | |
| 961 Armstrong Rd Se | .14 | 0 | $59,900 | |
| 789 Duncan Rd Se | .25 | 0 | $50,000 | |
| 771 Everglade Ave Se | .67 | 0 | $59,900 | |
| 1323 Talleyrand St Se | .73 | 0 | $39,000 | |
| 1333 Talleyrand St Se | .74 | 0 | $39,000 | |
| 1051 Johnston Rd Se | .77 | 0 | $40,000 | |
| 581 Andrew St Se | .79 | 0 | $35,000 | |
| 679 Airoso Rd Se | .99 | 0 | $341,990 | |
| 660 Merrimac St Se | 1.14 | 0 | $399,900 | |
| 926 Commerce Rd Se | 1.33 | 1,480 | $305,500 |
|
| 1001 Sablon St Se | 1.35 | 0 | $334,750 | |
| 302 Arapahoe Ln Ne | 1.36 | 1,662 | $335,000 |
|
| 1215 Shell Ct Ne | 1.48 | 960 | $139,900 |
|
| 656 Delmonico St Ne | 1.6 | 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 6 of all properties in this area. This suggests it would appeal to someone earning around $17,655 per year who should qualify for a mortgage between $35,310 and $44,138.
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 6 of all properties in this area. This corresponds to a rent of $332 per month and a monthly household income of $1,894 ($22,728 per year)