700 Silverthorn Ct, 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:
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 | |
|---|---|---|---|---|
| 702 Silverthorn Ct | Mobile Home | 1,086 | B |
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| 7682 Niantic Ave | Condominium | 1,610 | B |
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| 701 Silverthorn Ct | Mobile Home | 1,324 | B |
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| 7674 Niantic Ave | Condominium | 1,382 | B |
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| 703 Lantania Dr | Mobile Home | 1,110 | B |
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| 7666 Niantic Ave | Condominium | 1,116 | B |
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| 704 Silverthorn Ct | Mobile Home | 1,574 | B |
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| 703 Silverthorn Ct | Mobile Home | 1,104 | B |
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| 5303 Bannock St | Condominium | 1,176 | B |
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| 701 Lantania Dr | Mobile Home | 1,458 | B |
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| 705 Lantania Dr | Mobile Home | 1,701 | B |
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| 7658 Niantic Ave | Condominium | 1,836 | B |
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| 706 Silverthorn Ct | Mobile Home | 1,380 | B |
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| 654 Barefoot Blvd | Mobile Home | 1,125 | B |
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| 700 Barefoot Blvd | Mobile Home | 672 | C |
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| 5307 Bannock St | Condominium | 1,194 | B |
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| 702 Barefoot Blvd | Mobile Home | 1,316 | B |
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| 7650 Niantic Ave | Condominium | 0 | L | |
| 707 Silverthorn Ct | Mobile Home | 1,056 | B |
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| 652 Barefoot Blvd | Mobile Home | 1,502 | B |
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| 7669 Niantic Ave | Condominium | 1,214 | B |
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| 707 Lantania Dr | Mobile Home | 1,324 | B |
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| 708 Silverthorn Ct | Mobile Home | 780 | B |
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| 704 Barefoot Blvd | Mobile Home | 984 | B |
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| 7661 Niantic Ave | Condominium | 1,501 | B |
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| 700 Lantania Dr | Mobile Home | 1,249 | B |
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| 650 Barefoot Blvd | Mobile Home | 1,288 | B |
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| 7642 Niantic Ave | Condominium | 1,002 | B |
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| 709 Silverthorn Ct | Mobile Home | 1,221 | B |
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| 7653 Niantic Ave | Condominium | 1,131 | B |
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| 710 Silverthorn Ct | Mobile Home | 1,116 | B |
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| 5311 Bannock St | Condominium | 1,010 | B |
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| 709 Lantania Dr | Mobile Home | 1,002 | B |
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| 706 Barefoot Blvd | Mobile Home | 1,248 | B |
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| 648 Barefoot Blvd | Mobile Home | 1,387 | B |
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| 7645 Niantic Ave | Condominium | 1,539 | B |
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| 711 Silverthorn Ct | Mobile Home | 1,104 | B |
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| 7634 Niantic Ave | Condominium | 1,152 | B |
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| 704 Lantania Dr | Mobile Home | 1,442 | B |
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| 712 Silverthorn Ct | Mobile Home | 1,104 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 5319 Bannock St | .07 | 1,269 | $220,000 |
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| 927 Spruce St | .27 | 1,150 | $184,500 |
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| 916 Frangi Pani Dr | .29 | 1,372 | $215,000 |
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| 616 Puffin Dr | .47 | 650 | $155,000 |
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| 413 Plover Dr | .5 | 0 | $79,500 | |
| 7656 Highway 1 | .7 | 1,447 | $549,900 |
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| 6240 Highway 1 | 1.84 | 1,152 | $1,899,900 |
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| 6870 Orchid Tree Dr | 2.19 | 2,541 | $1,680,000 |
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| 47 Vip Is | 2.72 | 1,150 | $699,900 |
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| 356 Aquarina Blvd | 2.95 | 2,103 | $675,000 |
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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 58 of all properties in this area. This suggests it would appeal to someone earning around $60,134 per year who should qualify for a mortgage between $120,268 and $150,335.
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 58 of all properties in this area. This corresponds to a rent of $981 per month and a monthly household income of $2,813 ($33,756 per year)