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 
2451 Jupiter Blvd Sw Single Family 1,112 B
412 Trumpet St Sw Single Family 1,350 B
428 Trumpet St Sw Single Family 1,258 C
400 Trumpet St Sw Vacant Residential 0 L
2421 Jupiter Blvd Sw Single Family 2,252 B
444 Trumpet St Sw Vacant Residential 0 L
502 Whitehall Ave Sw Single Family 1,351 B
2436 Jupiter Blvd Sw Vacant Residential 0 L
2418 Jupiter Blvd Sw Single Family 904 C
463 Whitehall Ave Sw Vacant Residential 0 L
460 Trumpet St Sw Vacant Residential 0 L
447 Trumpet St Sw Vacant Residential 0 L
501 Troy Rd Sw Single Family 1,300 B
514 Whitehall Ave Sw Vacant Residential 0 L
437 Whitehall Ave Sw Vacant Residential 0 L
463 Trumpet St Sw Single Family 1,623 C
2401 Jupiter Blvd Sw Vacant Residential 0 L
507 Whitehall Ave Sw Single Family 2,252 B
415 Trumpet St Sw Single Family 1,540 C
476 Trumpet St Sw Single Family 1,008 C
479 Trumpet St Sw Single Family 968 C
494 Tropicaire Ave Sw Single Family 1,116 C
526 Whitehall Ave Sw Single Family 900 C
517 Whitehall Ave Sw Single Family 1,608 B
486 Tropicaire Ave Sw Single Family 1,342 C
497 Wiltshire Ave Sw Single Family 1,958 B
2397 Jupiter Blvd Sw Single Family 1,187 C
492 Trumpet St Sw Vacant Residential 0 L
508 Tropicaire Ave Sw Single Family 938 C
462 Whealan St Sw Vacant Residential 0 L
450 Whealan St Sw Single Family 1,592 B
470 Tropicaire Ave Sw Vacant Residential 0 L
474 Whealan St Sw Single Family 2,368 B
438 Whealan St Sw Single Family 2,035 B
527 Whitehall Ave Sw Single Family 1,621 B
487 Wiltshire Ave Sw Vacant Residential 0 L
538 Whitehall Ave Sw Single Family 1,482 B
510 Troy Rd Sw Vacant Residential 0 L
2389 Jupiter Blvd Sw Single Family 980 C
426 Whealan St Sw Vacant Residential 0 L
462 Tropicaire Ave Sw Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
590 Estes Ave Sw .26 0 $349,900
433 Harrington St Sw .26 0 $349,900
461 Nardo Ave Sw .31 2,233 $369,000
346 Triana Ave Sw .41 0 $349,900
328 Danis Rd Sw .41 0 $59,000
236 Santo Domingo Ave Sw .61 0 $49,900
533 Dando St Sw .69 0 $35,000
711 Micco St Sw .78 0 $348,900
880 Geary St Sw .86 0 $49,900
729 Gelaso St Sw .86 0 $348,900
865 Harper Blvd Sw .89 0 $39,900
930 Hammacher Ave Sw 1 0 $434,800
1085 Harlingen Rd Sw 1.06 0 $35,000
126 Deauville Ave Se 1.13 0 $55,000
490 Birch Ave Sw 1.27 0 $47,900

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 19 of all properties in this area. This suggests it would appeal to someone earning around $33,329 per year who should qualify for a mortgage between $66,658 and $83,323.

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 19 of all properties in this area. This corresponds to a rent of $597 per month and a monthly household income of $2,348 ($28,176 per year)

Nearby Companies

M & H Drywall Finishing Inc
507 Whitehall Ave Sw
Disclaimers and Disclosures

Public Records Data

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