Cocoa, Florida
Brevard County Real Estate - Cocoa
Cocoa is in East Central Florida. It's population as recorded in the 2010 Census was 17,140. Cocoa is approximately 40 miles from Orlando (population 238,300) and around 26 miles from Palm Bay (population 103,190).
The median age for residents of Cocoa is 40. Around 28.6% of Cocoa households include school aged children and 30.5% of households include individuals aged 65 years or over. Census records indicate 59.1% of the Cocoa population are White, 31.3% are Black or African American, .5% American Indian, 1% Asian and 2.7% are Two or more Races.
There are 8,603 housing units in Cocoa. 1,367 (15.8%) of these were reported as vacant in the 2010 Census. There are 3,850 residential rental units in Cocoa. 3,150 of them were occupied in 2010 providing a residential rental vacancy rate of 17.4%.
Cocoa is located in Brevard Country, FL; north of Rockledge and west of Merritt Island. In 2002, Cocoa embarked on an intense annexation program, nearly doubling the city’s size to 14 square miles. The Census population figures do not include these annexed areas.
Some of Cocoa's biggest employers are: Beyel Brothers Crane & Rigging, Braden Kitchens, Brevard Community College, Brewer Paving & Development, CEMEX, and Coastal Steel. Beyel brothers Crane & Rigging is a Cocoa based company that offers heavy hauling and crane rentals. Braden Kitchens is also based in Cocoa, and offers kitchen cabinets. CEMEX provides cement and Coastal steel is a steel erection and fabrication company.
The biggest industries are trade, transportation and utilities and construction.
Cocoa links:
Cocoa is located in Brevard County. It has a population of approximately 17,140 people. The population increased 0.5% 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 occupies 13.32 of the 1015.66 square miles in Brevard County. It had a population density of 1287 persons per square mile in 2010. This compared to 535 for the county, 350.6 for Florida and 87.4 for the country.
3.2% ( 8,603) of the 270,512 housing units in Brevard County are in Cocoa (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 has a 59.2% 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 | 17,140 | $725 | 0.5% | $33,411 | 8,603 | $128,500 |
Cocoa's medium household income in 2011 was $33,411. Brevard County's medium household income was $50,068, which is higher than the medium income for Florida as a whole: $47,827. 26.8% of the population in Cocoa 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 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. 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 $725 million, Cocoa's economic activity represents 4.51% of Brevard County's $16,070MM in economic activity. Brevard County represents 2.55% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $188 | 25.9% |
| Merchant wholesaler sales | $68 | 9.4% |
| Retail sales | $445 | 61.3% |
| Accommodation and food services sales | $24 | 3.3% |
| Total | $725 | 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 Real Estate
There are 31,000 properties in Cocoa. 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 | 78 | 0.25 | 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 | 692 | 2.23 | 0 | n/a | n/a | n/a | n/a |
| Health Care | 2 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 19 | 0.06 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 643 | 2.07 | 16 | $120,000 | $65 | January 1st, 2014 | August 1st, 2014 |
| Miscellaneous Property | 43 | 0.14 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 3,626 | 11.70 | 289 | $450,000 | $133 | January 1st, 2014 | August 1st, 2014 |
| Multifamily | 1,264 | 4.08 | 126 | $2,575,000 | $60 | January 1st, 2014 | August 1st, 2014 |
| Office | 264 | 0.85 | 10 | $125,000 | $62 | January 1st, 2014 | July 1st, 2014 |
| Residential | 22,438 | 72.38 | 957 | $76,000 | $59 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 1,193 | 3.85 | 53 | $730,000 | $31 | January 1st, 2014 | August 1st, 2014 |
| Senior Housing | 3 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Special Purpose | 131 | 0.42 | 1 | $78,000 | $16 | July 1st, 2014 | July 1st, 2014 |
| Sports & Entertaining | 604 | 1.95 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Cocoa, Florida
78( .25%) of the properties in Cocoa are classified as Agricultural.
Commercial Real Estate in Cocoa, Florida
0( .00%) of the properties in Cocoa are classified as Commercial.
Government Real Estate in Cocoa, Florida
692( 2.23%) of the properties in Cocoa are classified as Government.
Health Care Real Estate in Cocoa, Florida
2( .01%) of the properties in Cocoa are classified as Health Care.
Hotel & Motel Real Estate in Cocoa, Florida
19( .06%) of the properties in Cocoa are classified as Hotel & Motel.
Industrial Real Estate in Cocoa, Florida
643( 2.07%) of the properties in Cocoa are classified as Industrial. 16 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $7,535,500. The median sales price was $120,000. In 2014 the median sales price for Industrial in Cocoa was $65 per sq ft.
Miscellaneous Real Estate in Cocoa, Florida
43( .14%) of the properties in Cocoa are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Cocoa, Florida
3,626( 11.70%) of the properties in Cocoa are classified as Mobile/Manufactured. 289 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $160,469,785. The median sales price was $450,000. In 2014 the median sales price for A Class Mobile/Manufactured in Cocoa was $443 per sq ft, B Class properties sold for $133/ft and C Class $20/ft.
Multifamily Real Estate in Cocoa, Florida
1,264( 4.08%) of the properties in Cocoa are classified as Multifamily. 126 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $264,638,900. The median sales price was $2,575,000. In 2014 the median sales price for A Class Multifamily in Cocoa was $60 per sq ft, B Class properties sold for $60/ft and C Class $60/ft.
Office Real Estate in Cocoa, Florida
264( .85%) of the properties in Cocoa are classified as Office. 10 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $1,785,900. The median sales price was $125,000. In 2014 the median sales price for Office in Cocoa was $62 per sq ft.
Residential Real Estate in Cocoa, Florida
22,438( 72.38%) of the properties in Cocoa are classified as Residential. 957 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $89,817,942. The median sales price was $76,000. In 2014 the median sales price for A Class Residential in Cocoa was $99 per sq ft, B Class properties sold for $59/ft and C Class $23/ft.
Residential Real Estate in Cocoa, Florida
0( .00%) of the properties in Cocoa are classified as Residential.
Retail Real Estate in Cocoa, Florida
1,193( 3.85%) of the properties in Cocoa are classified as Retail. 53 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $44,097,600. The median sales price was $730,000. In 2014 the median sales price for A Class Retail in Cocoa was $152 per sq ft, B Class properties sold for $31/ft and C Class $30/ft.
Senior Housing Real Estate in Cocoa, Florida
3( .01%) of the properties in Cocoa are classified as Senior Housing.
Special Purpose Real Estate in Cocoa, Florida
131( .42%) of the properties in Cocoa are classified as Special Purpose. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $78,000. The median sales price was $78,000. In 2014 the median sales price for Special Purpose in Cocoa was $16 per sq ft.
Sports & Entertaining Real Estate in Cocoa, Florida
604( 1.95%) of the properties in Cocoa are classified as Sports & Entertaining.
Cocoa, Brevard County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 59 | 148,569 |
| Government Property | 689 | 28,499,514 |
| Health Care | 2 | 13,140 |
| Hotel & Motel | 13 | 414,136 |
| Industrial | 460 | 6,165,176 |
| Land | 3,783 | 3,284,403 |
| Miscellaneous Property | 41 | 122,234 |
| Mobile/Manufactured | 2,099 | 2,113,627 |
| Multifamily | 1,010 | 25,563,484 |
| Office | 230 | 1,209,014 |
| Residential | 22,278 | 32,061,338 |
| Retail | 1,053 | 20,557,530 |
| Senior Housing | 2 | 130,322 |
| Special Purpose | 119 | 1,153,496 |
| Sports & Entertaining | 312 | 2,820,292 |
Cocoa Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Camp | 2016 | $205 | $37 | $205 | $37 | $205 | $12 |
| 1/2 Duplex Used As Sfr | 2016 | $723 | $16 | $211 | $16 | $111 | $16 |
| Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $90 | $15 | $56 | $10 | $43 | $7 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $236 | $37 | $236 | $37 | $236 | $12 |
| Cannery, fruit and vegetable, bottler or brewers, distillery or winery | 2016 | $205 | $8 | $205 | $6 | $205 | $4 |
| Centrally assessed | 2016 | $276 | $42 | $23 | $15 | $23 | $6 |
| Church | 2016 | $276 | $15 | $23 | $10 | $23 | $7 |
| Club, lodge or union hall | 2016 | $276 | $15 | $23 | $10 | $23 | $7 |
| College | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Community Shopping Center | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Condominium | 2016 | $257 | $16 | $93 | $16 | $43 | $16 |
| Condominium - Store | 2016 | $723 | $14 | $211 | $8 | $111 | $5 |
| Condominium Unit | 2016 | $723 | $16 | $211 | $16 | $111 | $16 |
| Cooperative | 2016 | $165 | $16 | $102 | $16 | $62 | $16 |
| County Owned | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Dealership Sales / Service Center | 2016 | $723 | $14 | $211 | $8 | $111 | $5 |
| Drive-in theater or open stadium | 2016 | $236 | $37 | $236 | $37 | $236 | $12 |
| Enclosed theater or auditorium | 2016 | $236 | $37 | $236 | $37 | $236 | $12 |
| Federal Owned | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Florist or greenhouse | 2016 | $236 | $14 | $236 | $8 | $236 | $5 |
| Golf course or driving range | 2016 | $205 | $37 | $205 | $37 | $205 | $12 |
| Government Undefined | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Grazing land soil capability Class II | 2016 | $276 | $27 | $23 | $19 | $23 | $10 |
| Heavy industrial | 2016 | $205 | $8 | $205 | $6 | $205 | $4 |
| Home for the aged | 2016 | $276 | $15 | $23 | $10 | $23 | $9 |
| Hotel or motel | 2016 | $205 | $33 | $205 | $33 | $205 | $33 |
| Light manufacturing | 2016 | $205 | $8 | $205 | $6 | $205 | $4 |
| Lumber yard, sawmill or planing mill | 2016 | $205 | $8 | $205 | $6 | $205 | $4 |
| Manufactured Housing-Double | 2016 | $723 | $6 | $211 | $6 | $111 | $6 |
| Manufactured Housing-Single | 2016 | $723 | $6 | $211 | $6 | $111 | $6 |
| Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $205 | $8 | $205 | $6 | $205 | $4 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Mobile Home | 2016 | $61 | $6 | $34 | $6 | $19 | $6 |
| Mortuary, cemetery or crematorium | 2016 | $276 | $15 | $23 | $10 | $23 | $7 |
| Multi-family - 10 units or more | 2016 | $124 | $9 | $59 | $7 | $59 | $6 |
| Multi-family - less than 10 units | 2016 | $98 | $9 | $59 | $7 | $37 | $6 |
| Municipal Owned | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Nightclub, cocktail lounge or bar | 2016 | $236 | $37 | $236 | $37 | $236 | $12 |
| Office building, non-professional service building, multi-story | 2016 | $289 | $15 | $119 | $11 | $53 | $8 |
| Office building, non-professional service building, one story | 2016 | $289 | $15 | $119 | $11 | $53 | $8 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $134 | $8 | $94 | $6 | $42 | $4 |
| Ornamentals, miscellaneous agricultural | 2016 | $276 | $27 | $23 | $19 | $23 | $10 |
| Orphanage, other non-profit or charitable services | 2016 | $276 | $15 | $23 | $10 | $23 | $7 |
| Parking Lot - Commercial | 2016 | $723 | $8 | $211 | $6 | $111 | $4 |
| Poultry, bees, tropical fish, rabbits, etc. | 2016 | $276 | $27 | $23 | $19 | $23 | $10 |
| Private school or college | 2016 | $276 | $15 | $23 | $10 | $23 | $7 |
| Privately owned hospital | 2016 | $276 | $25 | $23 | $17 | $23 | $11 |
| Professional service building | 2016 | $289 | $15 | $119 | $11 | $53 | $8 |
| Public county school | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Race track: horse, auto or dog | 2016 | $205 | $37 | $205 | $37 | $205 | $12 |
| Repair service shop (excluding automotive) | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Residential Related Amenities | 2016 | $723 | $16 | $211 | $16 | $111 | $16 |
| Restaurant, cafeteria | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Single Family | 2016 | $116 | $16 | $81 | $16 | $44 | $16 |
| Single Family Residence | 2016 | $723 | $16 | $211 | $16 | $111 | $16 |
| State Owned | 2016 | $276 | $7 | $23 | $6 | $23 | $5 |
| Store, one story | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Supermarket | 2016 | $212 | $14 | $99 | $8 | $44 | $5 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $98 | $16 | $59 | $16 | $37 | $16 |
| Utility | 2016 | $276 | $42 | $23 | $15 | $23 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $134 | $8 | $94 | $6 | $42 | $4 |
| Wholesale outlet, produce house or manufacturing outlet | 2016 | $236 | $14 | $236 | $8 | $236 | $5 |