7334 Highway A1a, Melbourne Beach
Brevard County Real Estate - Grant
Grant-Valkaria is a town located south of Melbourne in Brevard County, Florida. Grant was originally established in 1925 as a fishing village, and since 1966, the city has held the annual Grant Seafood Festival. The revenues collected through the seafood festival go back into the community through college scholarships and summer break activities for the local children. Originally two separate communities, Grant and Valkaria were joined in July of 2006 to create the single Incorporated Town of Grant-Valkaria.
Grant is in East Central Florida. Grant is approximately 46 miles from Port Saint Lucie (population 164,603) and around 8 miles from Palm Bay (population 103,190).
Grant links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7340 Highway A1a | Single Family | 1,850 | B |
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| 201 Beverly Ct | Single Family | 1,840 | B |
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| 7354 Stuart Ave | Single Family | 2,350 | B |
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| 7344 Highway A1a | Single Family | 1,843 | B |
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| 7344 Stuart Ave | Single Family | 2,309 | B |
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| 7364 Stuart Dr | Single Family | 2,375 | B |
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| 205 Beverly Ct | Single Family | 2,096 | B |
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| 7374 Stuart Ave | Single Family | 2,375 | B |
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| 7350 Highway A1a | Single Family | 1,850 | B |
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| 7384 Stuart Ave | Single Family | 2,375 | B |
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| 200 Beverly Ct | Utility | 651 | B |
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| 7354 Highway A1a | Single Family | 1,850 | B |
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| 7329 Highway A1a | Single Family | 2,617 | A |
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| 7363 Stuart Ave | Single Family | 2,277 | B |
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| 7353 Stuart Ave | Single Family | 1,557 | B |
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| 7325 Highway A1a | Single Family | 2,960 | A |
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| 7373 Stuart Ave | Single Family | 1,534 | B |
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| 7320 Highway A1a | Vacant Residential | 0 | L | |
| 7383 Stuart Ave | Single Family | 2,227 | B |
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| 7335 Highway A1a | Multi-family - less than 10 units | 2,178 | B |
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| 7343 Stuart Ave | Single Family | 1,557 | B |
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| 7302 Highway A1a | Single Family | 840 | C |
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| 7321 Highway A1a | Single Family | 2,201 | A |
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| 207 Beverly Ct | Single Family | 1,756 | B |
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| 7345 Highway A1a | Multi-family - less than 10 units | 2,322 | B |
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| 741 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 7333 Highway A1a | Single Family | 0 | A | |
| 739 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 7308 Stuart Ave | Vacant Residential | 0 | L | |
| 7317 Highway A1a | Single Family | 2,190 | A |
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| 36 Mohican Way | Single Family | 2,683 | B |
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| 737 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 42 Mohican Way | Single Family | 1,746 | B |
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| 7355 Highway A1a | Multi-family - less than 10 units | 3,178 | A |
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| 208 Beverly Ct | Single Family | 1,562 | B |
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| 7400 Highway A1a | County Owned | 3,120 | B |
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| 735 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 215 Beverly Ct | Single Family | 2,026 | B |
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| 7306 Stuart Ave | Vacant Residential | 0 | L | |
| 7313 Highway A1a | Single Family | 2,307 | A |
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| 733 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 750 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 7365 Highway A1a | Single Family | 2,520 | A |
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| 748 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 731 Spanish Moss Ct | Vacant Residential | 0 | L | |
| 7307 Stuart Ave | Single Family | 2,062 | B |
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| 746 Spanish Moss Ct | Vacant Residential | 0 | L |
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 110 Warsteiner Way | .24 | 2,400 | $829,900 |
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| 333 Woody Cir | .28 | 3,023 | $1,150,000 |
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| 356 Aquarina Blvd | .42 | 2,103 | $675,000 |
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| 6830 Highway A1a | .92 | 0 | $439,000 | |
| 6465 Highway A1a | 1.63 | 4,048 | $3,397,777 |
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| 47 Vip Is | 1.9 | 1,150 | $699,900 |
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| 6240 Highway 1 | 2.13 | 1,152 | $1,899,900 |
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| 5865 Highway A1a | 2.75 | 2,763 | $2,695,000 |
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| 7656 Highway 1 | 2.99 | 1,447 | $549,900 |
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| 5835 Riverside Dr | 2.99 | 2,089 | $425,000 |
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| 4850 Old Dixie Hwy | 3.11 | 16,632 | $3,400,000 |
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Local Household Income
The median household income in this part of Florida is $72,768. The bottom 10% of the population earn less than $23,880 per year. The top 10% earn more than $187,088 per year. The top 1% earn more than $641,838 per year. Most renters earn between $33,936 (20th percentile) and $61,692 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $145,536 and $181,920.
The tax assessed value of this property places it in percentile 69 of all properties in this area. This suggests it would appeal to someone earning around $106,495 per year who should qualify for a mortgage between $212,990 and $266,238.
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 $1,015. Most renters earn between $2,828 and $5,141 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $738 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 69 of all properties in this area. This corresponds to a rent of $1,223 per month and a monthly household income of $4,536 ($54,432 per year)
Nearby Companies
215 Beverly Ct
42 Mohican Way
7363 Stuart Ave