401 Crown Blvd, Melbourne
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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 405 Crown Blvd | Single Family | 1,241 | C |
 |
| 406 High Point Ct | Single Family | 1,502 | B |
|
| 343 Crown Blvd | Single Family | 874 | C |
|
| 416 High Point Ct | Single Family | 1,600 | B |
|
| 409 Crown Blvd | Single Family | 874 | C |
|
| 426 High Point Ct | Single Family | 1,253 | B |
|
| 346 Crown Blvd | Single Family | 874 | C |
|
| 404 Crown Blvd | Single Family | 874 | C |
|
| 339 Crown Blvd | Single Family | 816 | C |
|
| 436 High Point Ct | Single Family | 1,902 | B |
|
| 415 Crown Blvd | Single Family | 988 | C |
|
| 408 Crown Blvd | Single Family | 988 | C |
|
| 342 Crown Blvd | Single Family | 912 | C |
|
| 414 Crown Blvd | Single Family | 874 | C |
|
| 338 Crown Blvd | Single Family | 874 | C |
|
| 335 Crown Blvd | Single Family | 874 | C |
|
| 446 High Point Ct | Single Family | 1,485 | B |
|
| 419 Crown Blvd | Single Family | 874 | C |
|
| 418 Crown Blvd | Single Family | 988 | C |
|
| 334 Crown Blvd | Single Family | 816 | C |
|
| 477 High Point Ct | Single Family | 1,902 | B |
|
| 331 Crown Blvd | Single Family | 874 | C |
|
| 345 Earl Ave | Single Family | 874 | C |
|
| 401 Earl Ave | Single Family | 1,350 | C |
|
| 425 Crown Blvd | Single Family | 782 | C |
|
| 417 High Point Ct | Single Family | 1,253 | B |
|
| 456 High Point Ct | Single Family | 1,902 | B |
|
| 341 Earl Ave | Single Family | 874 | C |
|
| 405 Earl Ave | Single Family | 1,170 | C |
|
| 424 Crown Blvd | Single Family | 874 | C |
|
| 330 Crown Blvd | Single Family | 874 | C |
|
| 337 Earl Ave | Single Family | 874 | C |
|
| 466 High Point Ct | Single Family | 1,253 | B |
|
| 409 Earl Ave | Single Family | 1,372 | C |
|
| 487 High Point Ct | Single Family | 1,600 | B |
|
| 327 Crown Blvd | Single Family | 874 | C |
|
| 429 Crown Blvd | Single Family | 874 | C |
|
| 476 High Point Ct | Single Family | 1,253 | B |
|
| 428 Crown Blvd | Single Family | 988 | C |
|
| 415 Earl Ave | Single Family | 1,372 | C |
|
| 550 Creston Ct | Single Family | 1,260 | B |
|
| 326 Crown Blvd | Single Family | 874 | C |
|
| 4243 Blue Lake Dr | Single Family | 1,462 | B |
|
| 333 Earl Ave | Single Family | 874 | C |
|
| 4266 Mount Carmel Ln | Single Family | 1,902 | B |
|
| 4256 Mount Carmel Ln | Single Family | 1,902 | B |
|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 450 Sun Lakes Rd | .2 | 2,062 | $998,000 |
|
| 4130 Millicent Cir | .21 | 1,960 | $378,000 |
|
| 116 Oak Lake Rd | .3 | 1,602 | $289,900 |
|
| 3967 Mount Carmel Ln | .35 | 1,914 | $364,000 |
|
| 2517 Patty Cir Ne | .35 | 1,236 | $199,000 |
|
| 4915 Pinewood Dr Ne | .41 | 1,036 | $155,000 |
|
| 5317 Pinewood Dr Ne | .41 | 1,036 | $169,000 |
|
| 4313 Pinewood Dr Ne | .42 | 1,036 | $139,500 |
|
| 3725 Pinewood Dr Ne | .46 | 1,036 | $135,000 |
|
| 2717 Pinewood Dr Ne | .58 | 1,036 | $155,000 |
|
| 1618 Vista Oaks Cir Ne | .68 | 1,236 | $179,900 |
|
| 1018 Vista Oaks Cir Ne | .72 | 1,236 | $210,000 |
|
| 1937 Sago Palm St Ne | .76 | 1,325 | $218,900 |
|
| 2323 Coconut Palm Dr Ne | .77 | 1,969 | $209,995 |
|
| 1780 Live Oak St Ne | .83 | 828 | $129,900 |
|
Local Household Income
The median household income in this part of Florida is $52,102. The bottom 10% of the population earn less than $18,452 per year. The top 10% earn more than $121,913 per year. The top 1% earn more than $336,928 per year. Most renters earn between $25,716 (20th percentile) and $40,716 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $104,204 and $130,255.
The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $22,305 per year who should qualify for a mortgage between $44,610 and $55,763.
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 $923. Most renters earn between $2,143 and $3,393 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $700 (20th percentile) to $1,197 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 14 of all properties in this area. This corresponds to a rent of $643 per month and a monthly household income of $1,930 ($23,160 per year)
Nearby Companies
506 Highpoint Ct
446 High Point Ct