Cocoa Beach, Florida
Brevard County Real Estate - Cocoa Beach
Cocoa Beach is in East Central Florida. It's population as recorded in the 2010 Census was 11,231. Cocoa Beach is approximately 49 miles from Orlando (population 238,300) and around 20 miles from Palm Bay (population 103,190).
The median age for residents of Cocoa Beach is 55.7. Around 13.5% of Cocoa Beach households include school aged children and 46.2% of households include individuals aged 65 years or over. Census records indicate 95.6% of the Cocoa Beach population are White, .7% are Black or African American, .3% American Indian, 1.5% Asian and 1.1% are Two or more Races.
There are 8,866 housing units in Cocoa Beach. 2,881 (32.4%) of these were reported as vacant in the 2010 Census. Cocoa Beach is a tourist destination, 69.3% (1,999) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,276 residential rental units in Cocoa Beach. 1,760 of them were occupied in 2010 providing a residential rental vacancy rate of 21.4%.
Cocoa Beach links:
Cocoa Beach is located in Brevard County. It has a population of approximately 11,231 people. The population increased 0.3% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 0.7% for Brevard County and a 1.7% increase for the country as a whole. Cocoa Beach occupies 4.66 of the 1015.66 square miles in Brevard County. It had a population density of 2411.6 persons per square mile in 2010. This compared to 535 for the county, 350.6 for Florida and 87.4 for the country.
3.3% ( 8,866) of the 270,512 housing units in Brevard County are in Cocoa Beach (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Cocoa Beach has a 70.8% homeownership rate compared to Brevard County's 75.3% homeownership rate and Florida's rate of 69.0%.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
| Cocoa Beach | 11,231 | $264 | 0.3% | $53,951 | 8,866 | $295,700 |
Cocoa Beach's medium household income in 2011 was $53,951. Brevard County's medium household income was $50,068, which is higher than the medium income for Florida as a whole: $47,827. 8.1% of the population in Cocoa Beach lives below the poverty line, compared to 14.7% in Florida, 11.2% of the population in Brevard County and 14.3% nationwide. Additional Information:
Cocoa Beach Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Cocoa Beach. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $264 million, Cocoa Beach's economic activity represents 1.64% of Brevard County's $16,070MM in economic activity. Brevard County represents 2.55% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $6 | 2.3% |
| Retail sales | $149 | 56.7% |
| Accommodation and food services sales | $108 | 41.0% |
| Total | $264 | 100% |
Brevard County Regional Comparisons
| City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Cape Canaveral | 9,912 | $166 | 0.1% | $43,888 | 8,295 | $203,800 |
| Cocoa | 17,140 | $725 | 0.5% | $33,411 | 8,603 | $128,500 |
| Cocoa Beach | 11,231 | $264 | 0.3% | $53,951 | 8,866 | $295,700 |
| Melbourne | 76,068 | $5,321 | 1.1% | $42,089 | 38,955 | $153,400 |
| Merritt Island | 34,743 | $964 | X | $58,528 | 17,036 | $215,700 |
| Mims | 7,058 | $20 | X | $47,161 | 3,530 | $130,900 |
| Palm Bay | 103,190 | $3,806 | 0.9% | $44,768 | 45,220 | $138,600 |
| Palm Bay | 103,190 | $3,806 | 0.9% | $44,768 | 45,220 | $138,600 |
| Rockledge | 24,926 | $495 | 2.0% | $57,835 | 11,240 | $173,900 |
| Satellite Beach | 10,109 | $68 | 1.4% | $60,870 | 4,953 | $238,000 |
| Titusville | 43,761 | $811 | 0.4% | $44,148 | 22,729 | $140,700 |
Brevard County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Brevard County represents 15.0% of the region's economy.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
| Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
| Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
| Seminole County | 422,718 | $12,124 | 1.9% | $58,908 | 182,625 | $225,500 |
| Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
| Volusia County | 494,593 | $10,951 | 0.5% | $44,169 | 254,981 | $172,100 |
| Sumter County | 93,420 | $1,120 | 8.8% | $44,817 | 55,988 | $186,800 |
| Total | 3,369,551 | $106,985 | 3.7% | $48,812 | 1,531,448 | $186,400 |
Cocoa Beach Real Estate
There are 11,345 properties in Cocoa Beach. The following table shows a summary of them based on 2014 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Agricultural | 4 | 0.04 | 0 | n/a | n/a | n/a | n/a |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 105 | 0.93 | 1 | $126,000 | $100 | July 1st, 2014 | July 1st, 2014 |
| Health Care | 1 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 25 | 0.22 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 59 | 0.52 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 4 | 0.04 | 0 | n/a | n/a | n/a | n/a |
| Multifamily | 485 | 4.28 | 10 | $249,950 | $109 | January 1st, 2014 | June 1st, 2014 |
| Office | 399 | 3.52 | 16 | $210,000 | $115 | February 1st, 2014 | August 1st, 2014 |
| Residential | 9,914 | 87.39 | 417 | $205,500 | $149 | January 1st, 2014 | August 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 308 | 2.71 | 25 | $9,400,000 | $136 | February 1st, 2014 | August 1st, 2014 |
| Senior Housing | 4 | 0.04 | 0 | n/a | n/a | n/a | n/a |
| Special Purpose | 18 | 0.16 | 0 | n/a | n/a | n/a | n/a |
| Sports & Entertaining | 19 | 0.17 | 1 | $720,000 | $95 | March 1st, 2014 | March 1st, 2014 |
Agricultural Real Estate in Cocoa Beach, Florida
4( .04%) of the properties in Cocoa Beach are classified as Agricultural.
Commercial Real Estate in Cocoa Beach, Florida
0( .00%) of the properties in Cocoa Beach are classified as Commercial.
Government Real Estate in Cocoa Beach, Florida
105( .93%) of the properties in Cocoa Beach are classified as Government. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $126,000. The median sales price was $126,000. In 2014 the median sales price for Government Property in Cocoa Beach was $100 per sq ft.
Health Care Real Estate in Cocoa Beach, Florida
1( .01%) of the properties in Cocoa Beach are classified as Health Care.
Hotel & Motel Real Estate in Cocoa Beach, Florida
25( .22%) of the properties in Cocoa Beach are classified as Hotel & Motel.
Industrial Real Estate in Cocoa Beach, Florida
59( .52%) of the properties in Cocoa Beach are classified as Industrial.
Miscellaneous Real Estate in Cocoa Beach, Florida
4( .04%) of the properties in Cocoa Beach are classified as Miscellaneous.
Multifamily Real Estate in Cocoa Beach, Florida
485( 4.28%) of the properties in Cocoa Beach are classified as Multifamily. 10 of them sold between January 1st, 2014 and June 1st, 2014. The total value of these sales was $3,000,600. The median sales price was $249,950. In 2014 the median sales price for Multifamily in Cocoa Beach was $109 per sq ft.
Office Real Estate in Cocoa Beach, Florida
399( 3.52%) of the properties in Cocoa Beach are classified as Office. 16 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $4,147,100. The median sales price was $210,000. In 2014 the median sales price for Office in Cocoa Beach was $115 per sq ft.
Residential Real Estate in Cocoa Beach, Florida
9,914( 87.39%) of the properties in Cocoa Beach are classified as Residential. 417 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $102,957,400. The median sales price was $205,500. In 2014 the median sales price for A Class Residential in Cocoa Beach was $231 per sq ft, B Class properties sold for $149/ft and C Class $96/ft.
Residential Real Estate in Cocoa Beach, Florida
0( .00%) of the properties in Cocoa Beach are classified as Residential.
Retail Real Estate in Cocoa Beach, Florida
308( 2.71%) of the properties in Cocoa Beach are classified as Retail. 25 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $183,341,900. The median sales price was $9,400,000. In 2014 the median sales price for A Class Retail in Cocoa Beach was $136 per sq ft, B Class properties sold for $136/ft and C Class $134/ft.
Senior Housing Real Estate in Cocoa Beach, Florida
4( .04%) of the properties in Cocoa Beach are classified as Senior Housing.
Special Purpose Real Estate in Cocoa Beach, Florida
18( .16%) of the properties in Cocoa Beach are classified as Special Purpose.
Sports & Entertaining Real Estate in Cocoa Beach, Florida
19( .17%) of the properties in Cocoa Beach are classified as Sports & Entertaining. 1 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $720,000. The median sales price was $720,000. In 2014 the median sales price for Sports & Entertaining in Cocoa Beach was $95 per sq ft.
Cocoa Beach, Brevard County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Government Property | 47 | 1,879,907 |
| Health Care | 1 | 4,081 |
| Hotel & Motel | 25 | 1,420,777 |
| Industrial | 45 | 878,926 |
| Land | 200 | 44,577 |
| Miscellaneous Property | 4 | 32,668 |
| Multifamily | 458 | 3,667,191 |
| Office | 377 | 430,263 |
| Residential | 9,713 | 14,642,273 |
| Retail | 284 | 6,242,169 |
| Senior Housing | 2 | 24,138 |
| Special Purpose | 19 | 240,447 |
| Sports & Entertaining | 17 | 113,512 |
Cocoa Beach Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| 1/2 Duplex Used As Sfr | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $289 | $24 | $119 | $12 | $53 | $7 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Church | 2016 | $229 | $24 | $120 | $12 | $99 | $7 |
| Club, lodge or union hall | 2016 | $178 | $24 | $178 | $12 | $178 | $7 |
| Community Shopping Center | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Condominium | 2016 | $256 | $16 | $171 | $16 | $128 | $16 |
| County Owned | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Enclosed theater or auditorium | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Government Undefined | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Hospital | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Hotel or motel | 2016 | $229 | $33 | $120 | $33 | $99 | $33 |
| Light manufacturing | 2016 | $229 | $13 | $120 | $7 | $99 | $5 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Mortuary, cemetery or crematorium | 2016 | $178 | $24 | $178 | $12 | $178 | $7 |
| Multi-family - 10 units or more | 2016 | $124 | $19 | $59 | $16 | $59 | $12 |
| Multi-family - less than 10 units | 2016 | $124 | $19 | $59 | $16 | $59 | $12 |
| Municipal Owned | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Nightclub, cocktail lounge or bar | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $289 | $11 | $119 | $11 | $53 | $11 |
| Office building, non-professional service building, one story | 2016 | $289 | $11 | $119 | $11 | $53 | $11 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $229 | $13 | $120 | $7 | $99 | $5 |
| Orphanage, other non-profit or charitable services | 2016 | $178 | $24 | $178 | $12 | $178 | $7 |
| Privately owned hospital | 2016 | $178 | $25 | $178 | $17 | $178 | $11 |
| Professional service building | 2016 | $289 | $11 | $119 | $11 | $53 | $11 |
| Public county school | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Race track: horse, auto or dog | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Repair service shop (excluding automotive) | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Residential Related Amenities | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| Restaurant, cafeteria | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Retail Store - Multiple Units | 2016 | $123 | $20 | $83 | $14 | $65 | $9 |
| Retirement Home not eligible for exemption. | 2016 | $256 | $15 | $171 | $10 | $128 | $9 |
| Service station | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Single Family | 2016 | $276 | $16 | $201 | $16 | $154 | $16 |
| Single Family Residence | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| State Owned | 2016 | $178 | $30 | $178 | $15 | $178 | $7 |
| Store, one story | 2016 | $212 | $20 | $99 | $14 | $44 | $9 |
| Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $124 | $16 | $59 | $16 | $59 | $16 |
| Utility | 2016 | $178 | $42 | $178 | $15 | $178 | $6 |
| Warehousing, Distribution_Terminal, Trucking Terminal, Van & Storage | 2016 | $123 | $13 | $83 | $7 | $65 | $5 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $229 | $13 | $120 | $7 | $99 | $5 |