Brevard County Real Estate - Palm Bay

Palm Bay is in East Central Florida. It's population as recorded in the 2010 Census was 103,190.

The median age for residents of Palm Bay is 39.8. Around 33.8% of Palm Bay households include school aged children and 28.7% of households include individuals aged 65 years or over. Census records indicate 72.9% of the Palm Bay population are White, 17.9% are Black or African American, .4% American Indian, 1.7% Asian and 3.5% are Two or more Races.

There are 45,220 housing units in Palm Bay. 5,738 (12.6%) of these were reported as vacant in the 2010 Census. There are 11,507 residential rental units in Palm Bay. 10,117 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

Palm Bay 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 
791 Cottbus Ave Nw Single Family 1,439 C
798 Donau Ave Nw Single Family 1,176 C
790 Donau Ave Nw Single Family 1,370 B
821 Erfurt St Nw Single Family 2,083 B
783 Cottbus Ave Nw Single Family 1,830 B
850 Erfurt St Nw Single Family 1,949 B
841 Erfurt St Nw Single Family 2,180 B
782 Donau Ave Nw Single Family 1,370 C
811 Erfurt St Nw Vacant Residential 0 L
784 Cottbus Ave Nw Single Family 1,302 B
775 Cottbus Ave Nw Vacant Residential 0 L
851 Erfurt St Nw Single Family 1,654 B
774 Donau Ave Nw Single Family 1,444 C
764 Universe St Nw Single Family 1,313 B
797 Bautzen Ave Nw Vacant Residential 0 L
791 Donau Ave Nw Single Family 1,972 B
776 Cottbus Ave Nw Single Family 1,599 B
799 Donau Ave Nw Single Family 1,814 B
801 Erfurt St Nw Single Family 2,020 B
750 Universe St Nw Single Family 1,254 C
793 Bautzen Ave Nw Vacant Residential 0 L
792 Universe St Nw Single Family 2,035 B
861 Erfurt St Nw Vacant Residential 0 L
767 Cottbus Ave Nw Single Family 1,643 C
785 Dresden St Nw Single Family 1,056 B
785 Bautzen Ave Nw Single Family 2,083 B
746 Universe St Nw Single Family 1,206 C
766 Donau Ave Nw Single Family 1,353 B
816 Universe St Nw Single Family 1,800 B
768 Cottbus Ave Nw Single Family 2,457 B
777 Bautzen Ave Nw Vacant Residential 0 L
732 Universe St Nw Single Family 1,400 B
871 Erfurt St Nw Vacant Residential 0 L
832 Universe St Nw Single Family 1,296 B
759 Cottbus Ave Nw Single Family 1,820 B
814 Emden Ave Nw Vacant Residential 0 L
808 Emden Ave Nw Single Family 1,661 B
758 Donau Ave Nw Single Family 1,536 B
820 Emden Ave Nw Single Family 1,584 C
786 Dresden St Nw Single Family 1,360 C
802 Emden Ave Nw Single Family 1,910 B
760 Cottbus Ave Nw Single Family 1,754 B
769 Bautzen Ave Nw Single Family 1,786 B
718 Universe St Nw Single Family 1,772 B
828 Emden Ave Nw Single Family 1,624 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
1043 Pace Dr Nw .45 0 $356,900
740 Norse St Nw .58 0 $55,000
1196 Malone St Nw .7 1,384 $325,000
1341 Defender St Nw 1.39 0 $39,900
333 Krassner Dr Nw 1.56 0 $405,000
1386 Unter Ave Nw 1.62 0 $362,900
1368 Wing Rd Sw 1.72 0 $52,500
346 Triana Ave Sw 1.76 0 $349,900
1266 Sapulpa Rd Sw 1.81 0 $349,900
1698 Holbrook Rd Nw 1.82 0 $79,000
236 Santo Domingo Ave Sw 1.92 0 $49,900
126 Deauville Ave Se 2.04 0 $55,000
490 Birch Ave Sw 2.1 0 $47,900
1171 Tupelo Rd Sw 2.12 0 $37,000
203 Eldron Blvd Ne 2.19 0 $67,000

Local Household Income

The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.

The tax assessed value of this property places it in percentile 35 of all properties in this area. This suggests it would appeal to someone earning around $48,989 per year who should qualify for a mortgage between $97,978 and $122,473.

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 $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 35 of all properties in this area. This corresponds to a rent of $732 per month and a monthly household income of $2,730 ($32,760 per year)

Nearby Companies

James Auger Plumbing, Inc.
802 Emden Ave Nw
Matt Brown'S Homestyle Music, Inc.
791 Cottbus Avenue Nw
Disclaimers and Disclosures

Public Records Data

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