Melbourne Beach, Florida
Brevard County Real Estate - Melbourne Beach
Melbourne Beach is a town in Brevard County, Florida, and is Brevard's oldest beach community. Juan Ponce de Leon, the first European to land in Florida, is said to have landed near Melbourne Beach in 1513. The town is located on the same barrier island as Indialantic which borders it to the north. Among the town's points of interest is the the Melbourne Beach Pier, a historic pier expending onto the Indian River.
Melbourne Beach is in East Central Florida. It's population as recorded in the 2010 Census was 3,101. Melbourne Beach is approximately 59 miles from Orlando (population 238,300) and around 56 miles from Port Saint Lucie (population 164,603).
The median age for residents of Melbourne Beach is 49.5. Around 24.7% of Melbourne Beach households include school aged children and 35.6% of households include individuals aged 65 years or over. Census records indicate 96.8% of the Melbourne Beach population are White, .4% are Black or African American, .2% American Indian, 1% Asian and 1.1% are Two or more Races.
There are 1,574 housing units in Melbourne Beach. 230 (14.6%) of these were reported as vacant in the 2010 Census. Melbourne Beach is a tourist destination, 63.4% (146) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 245 residential rental units in Melbourne Beach. 218 of them were occupied in 2010 providing a residential rental vacancy rate of 8.2%.
Melbourne Beach links:
Melbourne Beach Real Estate
There are 7,229 properties in Melbourne 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 | 1 | 0.01 | 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 | 103 | 1.42 | 0 | n/a | n/a | n/a | n/a |
| Health Care | 1 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 19 | 0.26 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 10 | 0.14 | 3 | $600,000 | $155 | March 1st, 2014 | March 1st, 2014 |
| Miscellaneous Property | 7 | 0.10 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 376 | 5.20 | 2 | $67,050 | $94 | June 1st, 2014 | August 1st, 2014 |
| Multifamily | 140 | 1.94 | 5 | $282,400 | $146 | February 1st, 2014 | June 1st, 2014 |
| Office | 17 | 0.24 | 1 | $80,000 | $47 | July 1st, 2014 | July 1st, 2014 |
| Residential | 6,473 | 89.54 | 263 | $265,000 | $155 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 68 | 0.94 | 8 | $400,000 | $290 | March 1st, 2014 | May 1st, 2014 |
| Special Purpose | 9 | 0.12 | 0 | n/a | n/a | n/a | n/a |
| Sports & Entertaining | 5 | 0.07 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Melbourne Beach, Florida
1( .01%) of the properties in Melbourne Beach are classified as Agricultural.
Commercial Real Estate in Melbourne Beach, Florida
0( .00%) of the properties in Melbourne Beach are classified as Commercial.
Government Real Estate in Melbourne Beach, Florida
103( 1.42%) of the properties in Melbourne Beach are classified as Government.
Health Care Real Estate in Melbourne Beach, Florida
1( .01%) of the properties in Melbourne Beach are classified as Health Care.
Hotel & Motel Real Estate in Melbourne Beach, Florida
19( .26%) of the properties in Melbourne Beach are classified as Hotel & Motel.
Industrial Real Estate in Melbourne Beach, Florida
10( .14%) of the properties in Melbourne Beach are classified as Industrial. 3 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $1,800,000. The median sales price was $600,000. In 2014 the median sales price for Industrial in Melbourne Beach was $155 per sq ft.
Miscellaneous Real Estate in Melbourne Beach, Florida
7( .10%) of the properties in Melbourne Beach are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Melbourne Beach, Florida
376( 5.20%) of the properties in Melbourne Beach are classified as Mobile/Manufactured. 2 of them sold between June 1st, 2014 and August 1st, 2014. The total value of these sales was $134,100. The median sales price was $67,050. In 2014 the median sales price for Mobile/Manufactured in Melbourne Beach was $94 per sq ft.
Multifamily Real Estate in Melbourne Beach, Florida
140( 1.94%) of the properties in Melbourne Beach are classified as Multifamily. 5 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $2,033,300. The median sales price was $282,400. In 2014 the median sales price for Multifamily in Melbourne Beach was $146 per sq ft.
Office Real Estate in Melbourne Beach, Florida
17( .24%) of the properties in Melbourne Beach are classified as Office. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $80,000. The median sales price was $80,000. In 2014 the median sales price for Office in Melbourne Beach was $47 per sq ft.
Residential Real Estate in Melbourne Beach, Florida
6,473( 89.54%) of the properties in Melbourne Beach are classified as Residential. 263 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $87,297,557. The median sales price was $265,000. In 2014 the median sales price for A Class Residential in Melbourne Beach was $241 per sq ft, B Class properties sold for $155/ft and C Class $88/ft.
Residential Real Estate in Melbourne Beach, Florida
0( .00%) of the properties in Melbourne Beach are classified as Residential.
Retail Real Estate in Melbourne Beach, Florida
68( .94%) of the properties in Melbourne Beach are classified as Retail. 8 of them sold between March 1st, 2014 and May 1st, 2014. The total value of these sales was $3,800,000. The median sales price was $400,000. In 2014 the median sales price for Retail in Melbourne Beach was $290 per sq ft.
Special Purpose Real Estate in Melbourne Beach, Florida
9( .12%) of the properties in Melbourne Beach are classified as Special Purpose.
Sports & Entertaining Real Estate in Melbourne Beach, Florida
5( .07%) of the properties in Melbourne Beach are classified as Sports & Entertaining.
Melbourne Beach, Brevard County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 1 | 2,156 |
| Government Property | 100 | 557,173 |
| Hotel & Motel | 14 | 66,358 |
| Land | 1,011 | 1,530,905 |
| Miscellaneous Property | 7 | 651 |
| Mobile/Manufactured | 1 | 210 |
| Multifamily | 135 | 454,756 |
| Office | 15 | 66,134 |
| Residential | 6,397 | 10,987,655 |
| Retail | 64 | 321,281 |
| Special Purpose | 9 | 77,125 |
| Sports & Entertaining | 5 | 25,721 |
Melbourne Beach Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Church | 2016 | $229 | $24 | $120 | $12 | $99 | $7 |
| Community Shopping Center | 2016 | $212 | $24 | $99 | $17 | $44 | $15 |
| Condominium | 2016 | $240 | $16 | $153 | $16 | $104 | $16 |
| County Owned | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Duplex | 2016 | $202 | $48 | $110 | $34 | $62 | $21 |
| Federal Owned | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Garden Apartments - 1 Story - 10 To 49 Units | 2016 | $202 | $48 | $110 | $34 | $62 | $21 |
| Golf course or driving range | 2016 | $289 | $37 | $119 | $17 | $53 | $7 |
| Government Undefined | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Hotel or motel | 2016 | $229 | $33 | $120 | $33 | $99 | $33 |
| Improved Condominium Common Area | 2015 | $214 | $15 | $110 | $15 | $36 | $15 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $212 | $24 | $99 | $17 | $44 | $15 |
| Mobile Home | 2016 | $277 | $6 | $190 | $6 | $145 | $6 |
| Multi-family - less than 10 units | 2016 | $124 | $48 | $59 | $34 | $59 | $21 |
| Municipal Owned | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Office building, non-professional service building, multi-story | 2016 | $289 | $30 | $119 | $18 | $53 | $11 |
| Office building, non-professional service building, one story | 2016 | $212 | $30 | $99 | $18 | $44 | $11 |
| Ornamentals, miscellaneous agricultural | 2016 | $229 | $27 | $120 | $15 | $99 | $9 |
| Private school or college | 2016 | $229 | $24 | $120 | $12 | $99 | $7 |
| Professional service building | 2016 | $289 | $30 | $119 | $18 | $53 | $11 |
| Public county school | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Residential Related Amenities | 2016 | $202 | $16 | $110 | $16 | $62 | $16 |
| Restaurant, cafeteria | 2016 | $289 | $24 | $119 | $17 | $53 | $15 |
| Single Family | 2016 | $277 | $16 | $190 | $16 | $145 | $16 |
| Single Family Residence | 2016 | $202 | $16 | $110 | $16 | $62 | $16 |
| State Owned | 2016 | $229 | $105 | $120 | $71 | $99 | $25 |
| Store, one story | 2016 | $212 | $24 | $99 | $17 | $44 | $15 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $124 | $16 | $59 | $16 | $59 | $16 |
| Utility | 2016 | $229 | $42 | $120 | $15 | $99 | $6 |