5480 Amy Way, Mims
Brevard County Real Estate - Mims
Mims
Mims is a good place for those looking to buy a lot of land for a reasonable price, a lot of bang for your buck so to speak. With its wide open spaces and wooded trails, it is a particularly ideal place if you want to keep horses. Salt Lake Wildlife Management Area has many miles for riding, and the North Brevard Horseman’s Club would be a great place to meet other people with a shared interest of equestrian activities.
Mims is a semi-rural community in north Brevard County, with a population of approximately 7,000 people. It is 22.4 square miles, 5.3 of which are water. Themedian income in 2012 was $35,216, and 15% of the population lived under the poverty line. Compared to rest of country Mim’s cost of livingis 9.8% less.
A few sources of employment in Mims include The Kennedy Space Center, Parrish Medical Center, and Brevard Community College. Mims is the closest city in Brevard County to Orlando. It therefore would be a good place for those who want to work in Orlando, but have a lower cost of living.
Mims is not for those who enjoy a busy or fast paced life style. It does not have many shopping or restaurant options. It has a Dollar Store, a Walgreens, and a gas station but not a lot else. However, if you do want to spend your free time doing something a little more exciting, it wouldn’t take more than half an hour to get to somewhere with decent restaurants and stores. It is a quiet town with lots of space and room to grow.
Mims is in East Central Florida. It's population as recorded in the 2010 Census was 7,058. Mims is approximately 34 miles from Orlando (population 238,300) and around 30 miles from Deltona (population 85,182).
The median age for residents of Mims is 48.1. Around 25.6% of Mims households include school aged children and 38.7% of households include individuals aged 65 years or over. Census records indicate 83.9% of the Mims population are White, 12.3% are Black or African American, .4% American Indian, .6% Asian and 1.8% are Two or more Races.
There are 3,530 housing units in Mims. 646 (18.3%) of these were reported as vacant in the 2010 Census. Mims is a tourist destination, 55.4% (358) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 479 residential rental units in Mims. 414 of them were occupied in 2010 providing a residential rental vacancy rate of 13.4%.
Mims 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 | |
|---|---|---|---|---|
| 5490 Amy Way | Single Family | 2,273 | B |
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| 2870 Night Heron Dr | Single Family | 2,072 | B |
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| 2820 Night Heron Dr | Single Family | 2,135 | B |
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| 5470 Amy Way | Single Family | 2,418 | B |
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| 2860 Night Heron Dr | Single Family | 2,005 | B |
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| 5400 James Ln | Single Family | 3,109 | B |
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| 5500 Amy Way | Multi-family - less than 10 units | 3,587 | A |
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| 2880 Night Heron Dr | Single Family | 2,378 | B |
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| 5505 Amy Way | Single Family | 3,338 | A |
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| 2840 Night Heron Dr | Single Family | 2,066 | B |
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| 5465 Amy Way | Single Family | 2,284 | B |
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| 2890 Night Heron Dr | Single Family | 2,585 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 2990 Fawn Lake Blvd | .32 | 2,020 | $575,000 |
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| 5003 Cambridge Dr | 1.09 | 1,265 | $197,000 |
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| 3172 Highway 1 | 2.64 | 1,024 | $360,000 |
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| 3848 Billie Pl | 2.68 | 2,152 | $749,000 |
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| 3103 Highway 1 | 2.72 | 1,422 | $240,000 |
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| 3049 Highway 1 | 2.76 | 10,488 | $1,200,000 |
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| 3204 Old Dixie Hwy | 2.78 | 882 | $265,000 |
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| 2398 Singleton Ave N | 2.99 | 2,680 | $825,000 |
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Local Household Income
The median household income in this part of Florida is $62,468. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $145,332 per year. The top 1% earn more than $390,929 per year. Most renters earn between $28,824 (20th percentile) and $50,820 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,936 and $156,170.
The tax assessed value of this property places it in percentile 93 of all properties in this area. This suggests it would appeal to someone earning around $164,730 per year who should qualify for a mortgage between $329,460 and $411,825.
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 $871. Most renters earn between $2,402 and $4,235 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $635 (20th percentile) to $1,227 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 93 of all properties in this area. This corresponds to a rent of $1,517 per month and a monthly household income of $5,331 ($63,972 per year)
Nearby Companies
2860 Night Heron Dr
2860 Night Heron Dr
5480 Amy Way
5500 Amy Way