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 
778 Scotia Ave Sw Single Family 2,173 B
767 Daniels Ave Sw Single Family 1,066 C
798 Scotia Ave Sw Single Family 2,029 B
773 Daniels Ave Sw Vacant Residential 0 L
761 Daniels Ave Sw Single Family 2,000 B
787 Scotia Ave Sw Vacant Residential 0 C
537 Harrison St Sw Vacant Residential 0 L
770 Scotia Ave Sw Vacant Residential 0 L
779 Scotia Ave Sw Single Family 1,545 B
779 Daniels Ave Sw Single Family 1,014 C
755 Daniels Ave Sw Vacant Residential 0 L
771 Scotia Ave Sw Vacant Residential 0 C
495 Harrison St Sw Vacant Residential 0 L
555 Harrison St Sw Vacant Residential 0 L
762 Scotia Ave Sw Vacant Residential 0 L
520 Harrison St Sw Single Family 1,575 B
749 Daniels Ave Sw Vacant Residential 0 L
786 Hartford Ave Sw Single Family 1,352 C
785 Daniels Ave Sw Single Family 988 C
778 Hartford Ave Sw Vacant Residential 2,056 C
780 Daniels Ave Sw Vacant Residential 0 L
763 Scotia Ave Sw Single Family 1,198 B
762 Daniels Ave Sw Single Family 2,121 B
500 Harrison St Sw Vacant Residential 0 L
573 Harrison St Sw Single Family 888 C
491 Harrison St Sw Single Family 1,350 B
538 Harrison St Sw Single Family 1,816 B
770 Hartford Ave Sw Vacant Residential 0 L
754 Scotia Ave Sw Vacant Residential 0 L
494 Harrison St Sw Vacant Residential 0 L
743 Daniels Ave Sw Vacant Residential 0 L
750 Daniels Ave Sw Vacant Residential 0 L
755 Scotia Ave Sw Vacant Residential 0 L
556 Harrison St Sw Single Family 1,056 C
786 Daniels Ave Sw Vacant Residential 0 L
762 Hartford Ave Sw Vacant Residential 0 L
771 Damek Ter Sw Single Family 988 C
781 Damek Ter Sw Single Family 816 C
507 Scodella St Sw Vacant Residential 0 L
486 Harrison St Sw Vacant Residential 0 L
744 Daniels Ave Sw Vacant Residential 0 L
746 Scotia Ave Sw Vacant Residential 0 L
785 Schuster Rd Sw Single Family 2,076 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
780 Daniels Ave Sw .06 0 $33,500
786 Daniels Ave Sw .08 0 $33,500
750 Damek Ter Sw .12 0 $400,000
749 Schuster Rd Sw .15 0 $48,000
842 Damek Ter Sw .17 0 $335,900
749 Garvey Rd Sw .19 0 $48,000
518 Dando St Sw .25 0 $45,000
433 Harrington St Sw .25 0 $349,900
590 Estes Ave Sw .27 0 $349,900
751 Schean Ave Sw .27 0 $349,900
355 Danis Rd Sw .27 0 $55,000
328 Danis Rd Sw .29 0 $59,000
699 Geddes St Sw .32 0 $348,900
391 Harrington St Sw .32 0 $44,400
711 Micco St Sw .36 0 $348,900

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 43 of all properties in this area. This suggests it would appeal to someone earning around $57,603 per year who should qualify for a mortgage between $115,206 and $144,008.

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 43 of all properties in this area. This corresponds to a rent of $791 per month and a monthly household income of $2,922 ($35,064 per year)

Nearby Companies

B Maragh LLC
787 Hartford Ave Sw
Disclaimers and Disclosures

Public Records Data

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