168 Sykes Loop Dr, Merritt Island
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.
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.
|217 Sykes Loop Dr||Single Family||1,872||B|
|215 Sykes Loop Dr||Single Family||2,241||B|
|172 Sykes Loop Dr||Single Family||2,342||B|
|219 Sykes Loop Dr||Single Family||1,921||B|
|213 Sykes Loop Dr||Single Family||3,042||B|
|227 Sykes Loop Dr||Single Family||2,124||B|
|174 Sykes Loop Dr||Single Family||2,245||B|
|230 Florida Blvd||Single Family||1,482||B|
|211 Sykes Loop Dr||Single Family||2,535||B|
|240 Florida Blvd||Single Family||1,668||B|
|250 Florida Blvd||Single Family||2,100||B|
|210 Florida Blvd||Single Family||1,778||B|
|216 Sykes Loop Dr||Single Family||1,869||B|
|218 Sykes Loop Dr||Single Family||2,129||B|
|176 Sykes Loop Dr||Single Family||2,231||B|
|214 Sykes Loop Dr||Single Family||1,793||B|
|220 Sykes Loop Dr||Single Family||2,196||B|
|209 Sykes Loop Dr||Single Family||2,107||B|
|212 Sykes Loop Dr||Single Family||2,219||B|
|228 Sykes Loop Dr||Single Family||2,130||B|
|222 Sykes Loop Dr||Single Family||1,846||B|
|200 Florida Blvd||Single Family||1,873||B|
|260 Florida Blvd||Single Family||2,327||B|
|226 Sykes Loop Dr||Single Family||2,226||B|
|178 Sykes Loop Dr||Single Family||2,018||B|
|210 Sykes Loop Dr||Single Family||1,991||B|
|207 Sykes Loop Dr||Single Family||2,339||B|
|215 Cove Loop Dr||Single Family||1,961||B|
|224 Sykes Loop Dr||Single Family||2,271||B|
|209 Cove Loop Dr||Single Family||2,360||B|
|221 Cove Loop Dr||Single Family||1,936||B|
|99 Cove Loop Dr||Single Family||1,936||B|
|225 Florida Blvd||Single Family||1,914||B|
|190 Florida Blvd||Single Family||2,665||B|
|208 Sykes Loop Dr||Single Family||1,905||B|
|235 Florida Blvd||Single Family||1,467||B|
|215 Florida Blvd||Single Family||1,652||B|
|161 Sykes Loop Dr||Single Family||2,495||B|
|203 Cove Loop Dr||Single Family||1,915||B|
|227 Cove Loop Dr||Single Family||1,809||B|
|2073 Sykes Creek Dr||Single Family||2,892||A|
|180 Sykes Loop Dr||Single Family||2,271||B|
|248 Cove Loop Dr||Single Family Residence||1,804||C|
|205 Sykes Loop Dr||Single Family||2,236||B|
|270 Florida Blvd||Single Family||1,741||B|
|2079 Sykes Creek Dr||Single Family||1,811||B|
|205 Florida Blvd||Single Family||1,346||B|
|197 Cove Loop Dr||Single Family||1,908||B|
|233 Cove Loop Dr||Single Family||2,429||B|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
|168 Sykes Loop Dr||0||3,111||$899,000|
|1602 Gable Ct||.44||1,005||$324,900|
|140 Sea Breeze Cir||.8||2,217||$619,000|
|2842 Glenridge Cir||.94||2,778||$519,000|
|1005 Waikiki Dr E||1.17||1,600||$725,000|
|280 Tiki Dr||1.19||1,600||$589,500|
|462 Ormond Ave||1.21||1,170||$319,900|
|955 New Hampton Way||1.27||1,496||$395,000|
|1060 Bevis Rd||1.27||1,768||$224,900|
|812 Mango Hill Dr||1.3||0||$6,000,000|
|850 Second St||1.34||1,077||$259,000|
|975 Tropical Trl N||1.44||1,200||$335,000|
|405 San Cristobal Ct||1.49||1,188||$539,999|
|2390 Jason St||1.5||1,422||$389,000|
|2180 Reynard Pl||1.53||1,594||$575,000|
Local Household Income
The median household income in this part of Florida is $72,768. The bottom 10% of the population earn less than $23,880 per year. The top 10% earn more than $187,088 per year. The top 1% earn more than $641,838 per year. Most renters earn between $33,936 (20th percentile) and $61,692 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $145,536 and $181,920.
The tax assessed value of this property places it in percentile 92 of all properties in this area. This suggests it would appeal to someone earning around $205,741 per year who should qualify for a mortgage between $411,482 and $514,353.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
The median monthly rent in this part of Florida is $1,015. Most renters earn between $2,828 and $5,141 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $738 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 92 of all properties in this area. This corresponds to a rent of $1,835 per month and a monthly household income of $6,554 ($78,648 per year)
228 Cove Loop Dr
235 Florida Blvd
230 Florida Blvd
227 Sykes Loop Dr
224 Sykes Loop Dr