118 Preston Ln, Melbourne

Brevard County Real Estate - Satellite Beach

Satellite Beach is in East Central Florida. It's population as recorded in the 2010 Census was 10,109. Satellite Beach is approximately 54 miles from Orlando (population 238,300) and around 10 miles from Palm Bay (population 103,190).

The median age for residents of Satellite Beach is 46.4. Around 28.2% of Satellite Beach households include school aged children and 33.7% of households include individuals aged 65 years or over. Census records indicate 92.9% of the Satellite Beach population are White, 1.9% are Black or African American, .2% American Indian, 1.7% Asian and 2.2% are Two or more Races.

There are 4,953 housing units in Satellite Beach. 670 (13.5%) of these were reported as vacant in the 2010 Census. Satellite Beach is a tourist destination, 43.7% (293) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,233 residential rental units in Satellite Beach. 1,028 of them were occupied in 2010 providing a residential rental vacancy rate of 14.8%.

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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

AddressTypeSq FtClass 
142 Bristol Ct Condominium 602 C
160 Ulster Ln Condominium 1,094 C
150 Berkshire Ln Condominium 815 C
151 Ulster Ln Condominium 890 C
160 Ulster Ln Condominium 1,094 C
164 Ulster Ln Condominium 602 C
165 Ulster Ln Condominium 602 C
166 Ulster Ln Condominium 602 C
168 Ulster Ln Condominium 602 C
169 Ulster Ln Condominium 602 C
168 Ulster Ct Condominium 602 C
169 Ulster Ct Condominium 602 C
170 Ulster Ct Condominium 602 C
171 Ulster Ct Condominium 602 C
165 Ulster Ct Condominium 602 C
166 Ulster Ct Condominium 602 C
176 Ulster Ln Condominium 1,094 C
188 Berkshire Ln Condominium 1,094 C
192 Berkshire Ln Condominium 1,094 C
200 Preston Ln Condominium 815 C
205 Bristol Ln Condominium 890 C
206 Preston Ln Condominium 815 C
214 Preston Ln Condominium 544 C
222 Preston Ln Condominium 815 C
224 Preston Ln Condominium 815 C
228 Preston Ln Condominium 815 C
236 Bristol Ct Condominium 602 C
239 Bristol Ct Condominium 602 C
242 Bristol Ct Condominium 602 C
245 Cambridge Ln Condominium 815 C
248 Berkshire Ln Condominium 815 C
250 Berkshire Ln Condominium 815 C
251 Ulster Ln Condominium 890 C
254 Ulster Ln Condominium 1,094 C
257 Ulster Ln Condominium 890 C
265 Ulster Ln Condominium 602 C
108 Preston Ln Condominium 815 C
271 Ulster Ln Condominium 602 C
273 Ulster Ln Condominium 890 C
279 Ulster Ln Condominium 890 C
118 Preston Ln Condominium 544 C
128 Preston Ln Condominium 815 C
281 Ulster Ln Condominium 890 C
290 Berkshire Ln Condominium 1,094 C
137 Bristol Ct Condominium 602 C
291 Cambridge Ln Condominium 1,094 C
214 Preston Ln Condominium 544 C
222 Preston Ln Condominium 815 C
242 Bristol Ct Condominium 602 C
145 Cambridge Ln Condominium 815 C

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
1709 Palm Ridge Rd .71 1,495 $369,000
1865 Wickham Rd N .88 9,600 $1,200,000
1255 Palmwood Dr 1.29 920 $229,200
3101 Harbor City Blvd N 1.41 15,839 $2,100,000
3301 Harbor City Blvd N 1.57 0 $399,900
1001 Eau Gallie Blvd W 1.91 828 $179,000
2870 Post Rd 1.94 1,654 $650,000
3995 Harbor City Blvd N 1.99 0 $1,299,000
3995 Harbor City Blvd N 1.99 0 $1,199,000
3995 Harbor City Blvd N 1.99 0 $1,200,000
3995 Harbor City Blvd N 1.99 0 $1,099,000
4018 Highway 1 N 1.99 0 $249,900
1512 Harbor City Blvd N 2.01 1,248 $378,000
565 Montreal Ave 2.36 2,126 $455,000
973 Harbor City Blvd N 2.37 3,176 $1,800,000

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 2 of all properties in this area. This suggests it would appeal to someone earning around $9,838 per year who should qualify for a mortgage between $19,676 and $24,595.

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 2 of all properties in this area. This corresponds to a rent of $232 per month and a monthly household income of $1,603 ($19,236 per year)

Nearby Companies

Robert Veliz Transport LLC
156 Ulster Ln
English Park Condominium,Inc.
164 Ulster Ln
Maz Estates LLC
251 Ulster Ln
Kelleys Kleaning LLC
252 Ulster Ln
Elegant 4life LLC
252 Ulster Ln
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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