3941 Sterling St, Mims
Brevard County Real Estate - Scottsmoor
Scottsmoor is in East Central Florida. Scottsmoor is approximately 34 miles from Orlando (population 238,300) and around 25 miles from Deltona (population 85,182).
Scottsmoor 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 | |
|---|---|---|---|---|
| 3929 Sterling St | Single Family | 1,704 | B |
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| 3953 Sterling St | Single Family | 2,831 | B |
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| 3915 Sterling St | Single Family | 1,572 | C |
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| 4005 Sterling St | Single Family | 2,169 | B |
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| 3952 Arlington Ave | Single Family | 1,435 | C |
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| 3940 Sterling St | Single Family | 1,908 | B |
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| 3928 Sterling St | Single Family | 1,860 | B |
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| 3952 Sterling St | Single Family | 1,424 | C |
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| 4000 Arlington Ave | Single Family | 1,980 | C |
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| 3914 Sterling St | Single Family | 0 | L | |
| 3914 Arlington Ave | Multi-family - less than 10 units | 3,398 | B |
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| 3885 Sterling St | Single Family | 1,775 | B |
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| 4015 Sterling St | Single Family | 1,370 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 3459 Grandperrin Rd | 1.13 | 0 | $154,000 | |
| 4900 International Ave | 1.28 | 1,632 | $205,000 |
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| 3848 Billie Pl | 1.48 | 2,152 | $749,000 |
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| 4124 April Ln | 1.54 | 1,332 | $349,900 |
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| 3205 Aurantia Rd | 1.58 | 1,889 | $12,000 |
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| 2910 Lionel Rd | 2.04 | 1,951 | $425,000 |
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| 3172 Highway 1 | 2.22 | 1,024 | $360,000 |
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| 3204 Old Dixie Hwy | 2.24 | 882 | $265,000 |
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| 3103 Highway 1 | 2.37 | 1,422 | $240,000 |
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| 3049 Highway 1 | 2.52 | 10,488 | $1,200,000 |
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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 59 of all properties in this area. This suggests it would appeal to someone earning around $74,354 per year who should qualify for a mortgage between $148,708 and $185,885.
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 59 of all properties in this area. This corresponds to a rent of $969 per month and a monthly household income of $3,543 ($42,516 per year)
Nearby Companies
3952 Arlington Ave
4005 Sterling St