Brevard County Real Estate - Indialantic

Indialantic is a town in Brevard County Florida, named for its location between the Indian River Lagoon and the Atlantic ocean. The town is on a barrier island stretching from Cape Canaveral to the Sebastian Inlet, connected to the Melbourne by the Melbourne Causeway. The two cities were originally connected by a wooden bridge, built by Ernest Kouven-Hoven in 1921. The bridge was replaced by a drawbridge in 1947 and by the modern causeway in 1985.

Indialantic is in East Central Florida. It's population as recorded in the 2010 Census was 2,720. Indialantic is approximately 58 miles from Orlando (population 238,300) and around 57 miles from Port Saint Lucie (population 164,603).

The median age for residents of Indialantic is 49.9. Around 19.7% of Indialantic households include school aged children and 35.1% of households include individuals aged 65 years or over. Census records indicate 94.6% of the Indialantic population are White, .4% are Black or African American, .1% American Indian, 1.6% Asian and 2% are Two or more Races.

There are 1,584 housing units in Indialantic. 293 (18.4%) of these were reported as vacant in the 2010 Census. Indialantic is a tourist destination, 35.4% (104) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 390 residential rental units in Indialantic. 294 of them were occupied in 2010 providing a residential rental vacancy rate of 23.6%.

Indialantic links:

Brevard County

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.

Neighboring Properties

AddressTypeSq FtClass 
424 First Ave Single Family 1,822 B
408 First Ave Single Family 1,887 B
440 First Ave Single Family Residence 1,798 B
417 Michigan Ave Single Family 1,260 C
425 Michigan Ave Single Family 1,439 C
409 Michigan Ave Single Family 1,212 C
417 First Ave Single Family 2,124 B
409 First Ave Single Family 1,733 B
500 Ramona Ave N Single Family 1,892 B
432 First Ave Single Family 1,706 B
427 First Ave Single Family 1,743 B
435 Michigan Ave Single Family 900 C
401 Michigan Ave Single Family 2,723 A
401 First Ave Single Family 1,727 B
433 First Ave Single Family 1,065 C
420 Second Ave Single Family 1,133 C
412 Second Ave Single Family 1,855 B
420 Michigan Ave Single Family 900 C
430 Second Ave Single Family 1,787 B
459 Michigan Ave Single Family 2,786 B
445 Michigan Ave Single Family 2,063 B
424 Michigan Ave Single Family 864 C
410 Michigan Ave Multi-family - less than 10 units 2,476 B
400 Second Ave Single Family 1,800 B
445 First Ave Single Family 2,245 B
501 Ramona Ave N Single Family 1,838 B
430 Michigan Ave Single Family 1,032 B
400 Michigan Ave Single Family 900 C
440 Second Ave Single Family 2,294 B
343 Michigan Ave Single Family 994 C
405 Ramona Dr N Single Family 0 B
455 Michigan Ave Single Family 2,022 B
444 Michigan Ave Single Family 1,236 C
415 Second Ave Single Family 1,420 B
425 Second Ave Single Family Residence 1,621 B
415 Wayne Ave Single Family 2,094 B
429 Wayne Ave Single Family 1,889 B
401 Ramona Ave N Single Family 1,806 B
409 Wayne Ave Single Family 1,883 B
444 Second Ave Multi-family - less than 10 units 2,274 B
334 First Ave Single Family 986 C
451 First Ave Single Family 2,452 B
337 Michigan Ave Single Family 1,141 C
344 Michigan Ave Single Family 1,688 C
401 Wayne Ave Single Family 1,175 B
441 Wayne Ave Single Family 2,200 B
335 First Ave Single Family 2,115 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
337 Michigan Ave .09 1,141 $850,000
435 Third Ave .14 1,876 $659,000
410 Oakland Ave .18 2,288 $865,000
505 Miramar Ave N .45 1,434 $575,000
125 Franklyn Ave .47 1,260 $489,000
877 Highway A1a N .57 1,200 $530,000
142 Palmetto Ave .7 1,350 $345,000
128 Palmetto Ave .71 1,350 $359,000
72 Riverview Ter .83 2,698 $750,000
100 Ocean Ter .89 3,612 $999,000
100 Ocean Ter .89 3,612 $999,000
100 Ocean Ter .89 3,612 $949,000
100 Ocean Ter .89 3,612 $949,000
100 Ocean Ter .89 3,612 $949,000
1415 Highway A1a N 1.02 1,576 $679,000

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 67 of all properties in this area. This suggests it would appeal to someone earning around $102,669 per year who should qualify for a mortgage between $205,338 and $256,673.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

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 67 of all properties in this area. This corresponds to a rent of $1,199 per month and a monthly household income of $4,463 ($53,556 per year)

Nearby Companies

Real Deal 111, LLC
409 1st Ave
Lotless, Inc.
409 1st Ave
Jw Circuits LLC
445 Michigan Ave
Atlantic Landscape, Inc.
401 Michigan Ave
Disclaimers and Disclosures

Public Records Data

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