521 Royal Tern Dr, Barefoot Bay
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:
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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 | |
|---|---|---|---|---|
| 519 Royal Tern Dr | Mobile Home | 1,012 | B |
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| 523 Royal Tern Dr | Mobile Home | 1,589 | B |
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| 520 Puffin Dr | Mobile Home | 1,380 | B |
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| 518 Puffin Dr | Mobile Home | 782 | B |
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| 522 Puffin Dr | Mobile Home | 966 | B |
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| 517 Royal Tern Dr | Mobile Home | 1,056 | B |
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| 525 Royal Tern Dr | Mobile Home | 1,380 | B |
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| 520 Royal Tern Dr | Mobile Home | 1,106 | B |
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| 516 Puffin Dr | Mobile Home | 1,324 | B |
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| 524 Puffin Dr | Mobile Home | 1,205 | B |
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| 522 Royal Tern Dr | Mobile Home | 1,324 | B |
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| 518 Royal Tern Dr | Mobile Home | 1,025 | B |
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| 515 Royal Tern Dr | Mobile Home | 828 | B |
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| 527 Royal Tern Dr | Mobile Home | 1,296 | B |
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| 524 Royal Tern Dr | Mobile Home | 1,324 | B |
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| 516 Royal Tern Dr | Mobile Home | 1,025 | B |
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| 514 Puffin Dr | Mobile Home | 920 | B |
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| 526 Puffin Dr | Mobile Home | 1,104 | B |
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| 514 Royal Tern Dr | Mobile Home | 1,012 | B |
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| 526 Royal Tern Dr | Vacant Residential | 0 | L | |
| 513 Royal Tern Dr | Mobile Home | 840 | B |
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| 521 Sea-Gull Dr | Mobile Home | 1,314 | B |
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| 521 Puffin Dr | Mobile Home | 1,288 | B |
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| 512 Puffin Dr | Mobile Home | 1,229 | B |
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| 523 Sea-Gull Dr | Mobile Home | 1,203 | B |
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| 519 Puffin Dr | Mobile Home | 1,348 | B |
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| 519 Sea-Gull Dr | Mobile Home | 1,156 | B |
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| 523 Puffin Dr | Mobile Home | 1,026 | B |
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| 525 Sea-Gull Dr | Mobile Home | 1,114 | B |
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| 517 Puffin Dr | Mobile Home | 624 | C |
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| 517 Sea-Gull Dr | Mobile Home | 1,018 | B |
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| 525 Puffin Dr | Mobile Home | 782 | B |
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| 512 Royal Tern Dr | Mobile Home | 851 | B |
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| 511 Royal Tern Dr | Mobile Home | 1,270 | B |
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| 515 Puffin Dr | Mobile Home | 1,382 | B |
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| 527 Sea-Gull Dr | Mobile Home | 1,561 | B |
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| 515 Sea-Gull Dr | Mobile Home | 874 | B |
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| 510 Puffin Dr | Mobile Home | 1,372 | B |
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| 527 Puffin Dr | Mobile Home | 1,326 | B |
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| 601 Royal Tern Dr | Mobile Home | 1,338 | B |
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| 510 Royal Tern Dr | Mobile Home | 728 | C |
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| 513 Puffin Dr | Mobile Home | 1,380 | B |
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| 520 Egret Cir | Mobile Home | 1,252 | B |
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| 600 Puffin Dr | Mobile Home | 1,356 | B |
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| 513 Sea-Gull Dr | Mobile Home | 1,209 | B |
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| 518 Egret Cir | Mobile Home | 1,370 | B |
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| 522 Egret Cir | Mobile Home | 1,081 | B |
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| 509 Royal Tern Dr | Mobile Home | 1,440 | B |
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| 516 Egret Cir | Mobile Home | 1,202 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 616 Puffin Dr | .13 | 650 | $155,000 |
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| 413 Plover Dr | .28 | 0 | $79,500 | |
| 5319 Bannock St | .46 | 1,269 | $220,000 |
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| 927 Spruce St | .51 | 1,150 | $184,500 |
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| 7656 Highway 1 | .63 | 1,447 | $549,900 |
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| 916 Frangi Pani Dr | .69 | 1,372 | $215,000 |
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| 6240 Highway 1 | 2.3 | 1,152 | $1,899,900 |
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| 6870 Orchid Tree Dr | 2.64 | 2,541 | $1,680,000 |
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Local Household Income
The median household income in this part of Florida is $52,102. The bottom 10% of the population earn less than $18,452 per year. The top 10% earn more than $121,913 per year. The top 1% earn more than $336,928 per year. Most renters earn between $25,716 (20th percentile) and $40,716 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $104,204 and $130,255.
The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $18,452 per year who should qualify for a mortgage between $36,904 and $46,130.
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 $923. Most renters earn between $2,143 and $3,393 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $700 (20th percentile) to $1,197 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $612 per month and a monthly household income of $1,804 ($21,648 per year)