Satellite Beach, Florida
Brevard County Real Estate - Satellite Beach
Satellite Beach is in East Central Florida. It's population as recorded in the 2010 Census was 10,109. Satellite Beach is approximately 54 miles from Orlando (population 238,300) and around 10 miles from Palm Bay (population 103,190).
The median age for residents of Satellite Beach is 46.4. Around 28.2% of Satellite Beach households include school aged children and 33.7% of households include individuals aged 65 years or over. Census records indicate 92.9% of the Satellite Beach population are White, 1.9% are Black or African American, .2% American Indian, 1.7% Asian and 2.2% are Two or more Races.
There are 4,953 housing units in Satellite Beach. 670 (13.5%) of these were reported as vacant in the 2010 Census. Satellite Beach is a tourist destination, 43.7% (293) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,233 residential rental units in Satellite Beach. 1,028 of them were occupied in 2010 providing a residential rental vacancy rate of 14.8%.
Satellite Beach links:
Satellite Beach is located in Brevard County. It has a population of approximately 10,109 people. The population increased 1.4% 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. Satellite Beach occupies 2.92 of the 1015.66 square miles in Brevard County. It had a population density of 3463.2 persons per square mile in 2010. This compared to 535 for the county, 350.6 for Florida and 87.4 for the country.
1.8% ( 4,953) of the 270,512 housing units in Brevard County are in Satellite 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.) Satellite Beach has a 77.1% 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 |
| Satellite Beach | 10,109 | $68 | 1.4% | $60,870 | 4,953 | $238,000 |
Satellite Beach's medium household income in 2011 was $60,870. Brevard County's medium household income was $50,068, which is higher than the medium income for Florida as a whole: $47,827. 5.2% of the population in Satellite 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:
Satellite 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 Satellite 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 $68 million, Satellite Beach's economic activity represents 0.42% 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 | $0 | 0.0% |
| Retail sales | $58 | 84.9% |
| Accommodation and food services sales | $10 | 15.1% |
| Total | $68 | 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 |
Satellite Beach Real Estate
There are 13,625 properties in Satellite 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 |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 54 | 0.40 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 3 | 0.02 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 84 | 0.62 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 3 | 0.02 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 120 | 0.88 | 0 | n/a | n/a | n/a | n/a |
| Multifamily | 570 | 4.18 | 10 | $170,000 | $110 | March 1st, 2014 | July 1st, 2014 |
| Office | 163 | 1.20 | 6 | $120,000 | $130 | February 1st, 2014 | June 1st, 2014 |
| Residential | 12,076 | 88.63 | 567 | $215,000 | $123 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 477 | 3.50 | 1 | $750,000 | $575 | May 1st, 2014 | May 1st, 2014 |
| Special Purpose | 65 | 0.48 | 0 | n/a | n/a | n/a | n/a |
| Sports & Entertaining | 10 | 0.07 | 4 | $1,172,900 | $58 | May 1st, 2014 | May 1st, 2014 |
Commercial Real Estate in Satellite Beach, Florida
0( .00%) of the properties in Satellite Beach are classified as Commercial.
Government Real Estate in Satellite Beach, Florida
54( .40%) of the properties in Satellite Beach are classified as Government.
Hotel & Motel Real Estate in Satellite Beach, Florida
3( .02%) of the properties in Satellite Beach are classified as Hotel & Motel.
Industrial Real Estate in Satellite Beach, Florida
84( .62%) of the properties in Satellite Beach are classified as Industrial.
Miscellaneous Real Estate in Satellite Beach, Florida
3( .02%) of the properties in Satellite Beach are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Satellite Beach, Florida
120( .88%) of the properties in Satellite Beach are classified as Mobile/Manufactured.
Multifamily Real Estate in Satellite Beach, Florida
570( 4.18%) of the properties in Satellite Beach are classified as Multifamily. 10 of them sold between March 1st, 2014 and July 1st, 2014. The total value of these sales was $1,709,800. The median sales price was $170,000. In 2014 the median sales price for Multifamily in Satellite Beach was $110 per sq ft.
Office Real Estate in Satellite Beach, Florida
163( 1.20%) of the properties in Satellite Beach are classified as Office. 6 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $1,051,500. The median sales price was $120,000. In 2014 the median sales price for Office in Satellite Beach was $130 per sq ft.
Residential Real Estate in Satellite Beach, Florida
12,076( 88.63%) of the properties in Satellite Beach are classified as Residential. 567 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $140,376,900. The median sales price was $215,000. In 2014 the median sales price for A Class Residential in Satellite Beach was $196 per sq ft, B Class properties sold for $123/ft and C Class $81/ft.
Residential Real Estate in Satellite Beach, Florida
0( .00%) of the properties in Satellite Beach are classified as Residential.
Retail Real Estate in Satellite Beach, Florida
477( 3.50%) of the properties in Satellite Beach are classified as Retail. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $750,000. The median sales price was $750,000. In 2014 the median sales price for Retail in Satellite Beach was $575 per sq ft.
Special Purpose Real Estate in Satellite Beach, Florida
65( .48%) of the properties in Satellite Beach are classified as Special Purpose.
Sports & Entertaining Real Estate in Satellite Beach, Florida
10( .07%) of the properties in Satellite Beach are classified as Sports & Entertaining. 4 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $4,691,600. The median sales price was $1,172,900. In 2014 the median sales price for Sports & Entertaining in Satellite Beach was $58 per sq ft.
Satellite Beach, Brevard County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Government Property | 55 | 3,622,943 |
| Hotel & Motel | 2 | 75,728 |
| Industrial | 63 | 697,967 |
| Land | 262 | 395,502 |
| Miscellaneous Property | 3 | 15,644 |
| Mobile/Manufactured | 1 | 0 |
| Multifamily | 511 | 15,775,944 |
| Office | 141 | 430,123 |
| Residential | 11,892 | 21,354,318 |
| Retail | 329 | 12,251,786 |
| Special Purpose | 24 | 335,251 |
| Sports & Entertaining | 25 | 92,569 |
Satellite 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 | $18 | $119 | $14 | $53 | $11 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Church | 2016 | $134 | $18 | $94 | $14 | $42 | $11 |
| Club, lodge or union hall | 2016 | $134 | $18 | $94 | $14 | $42 | $11 |
| Community Shopping Center | 2016 | $177 | $21 | $177 | $12 | $177 | $10 |
| Condominium | 2016 | $241 | $16 | $199 | $16 | $103 | $16 |
| Condominium Unit | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| County Owned | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| County Owned Land-Improved (That Does Not Qualify In Another Code) | 2016 | $123 | $6 | $83 | $6 | $65 | $6 |
| Enclosed theater or auditorium | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Federal Owned | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Florist or greenhouse | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Garden Apartments - 1 Story - 50 Units And Up | 2016 | $123 | $16 | $83 | $15 | $65 | $10 |
| Golf course or driving range | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Government Undefined | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| Hotel or motel | 2016 | $212 | $33 | $99 | $33 | $44 | $33 |
| Improved Condominium Common Area | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| Light manufacturing | 2016 | $212 | $9 | $99 | $7 | $44 | $5 |
| Marinas | 2016 | $123 | $18 | $83 | $14 | $65 | $11 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Mortuary, cemetery or crematorium | 2016 | $134 | $18 | $94 | $14 | $42 | $11 |
| Multi-family - 10 units or more | 2016 | $202 | $16 | $148 | $15 | $112 | $10 |
| Multi-family - less than 10 units | 2016 | $124 | $16 | $59 | $15 | $59 | $10 |
| Municipal Owned | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| Nightclub, cocktail lounge or bar | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $289 | $16 | $119 | $14 | $53 | $7 |
| Office building, non-professional service building, one story | 2016 | $289 | $16 | $119 | $14 | $53 | $7 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $134 | $9 | $94 | $7 | $42 | $5 |
| Professional service building | 2016 | $289 | $16 | $119 | $14 | $53 | $7 |
| Public county school | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| Race track: horse, auto or dog | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Repair service shop (excluding automotive) | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Restaurant, cafeteria | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Retail Store - Multiple Units | 2016 | $123 | $21 | $83 | $12 | $65 | $10 |
| Service station | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Single Family | 2016 | $202 | $16 | $148 | $16 | $112 | $16 |
| Single Family Residence | 2016 | $123 | $16 | $83 | $16 | $65 | $16 |
| State Owned | 2016 | $134 | $38 | $94 | $10 | $42 | $7 |
| Store, one story | 2016 | $212 | $21 | $99 | $12 | $44 | $10 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $124 | $16 | $59 | $16 | $59 | $16 |
| Utility | 2016 | $134 | $42 | $94 | $15 | $42 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $134 | $9 | $94 | $7 | $42 | $5 |