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 
1170 Emerald Rd Se Single Family 1,532 C
1190 Emerald Rd Se Single Family 2,628 B
314 Fluvia Ave Se Single Family 1,262 B
328 Fluvia Ave Se Single Family 1,390 B
1160 Emerald Rd Se Vacant Residential 0 L
1126 Dunham St Se Single Family 1,248 C
1198 Cordova St Se Single Family 1,738 B
342 Fluvia Ave Se Single Family 1,556 B
1151 Emerald Rd Se Vacant Residential 0 L
1127 Dunham St Se Single Family 2,352 C
356 Fluvia Ave Se Single Family 1,464 B
1114 Dunham St Se Single Family 1,088 C
1150 Emerald Rd Se Single Family 1,978 B
1121 Emerald Rd Se Single Family 1,858 B
1187 Cordova St Se Single Family 2,106 B
1179 Cordova St Se Vacant Residential 0 L
370 Fluvia Ave Se Single Family 1,406 B
1174 Cordova St Se Single Family 2,628 B
315 Fluvia Ave Se Single Family 1,714 B
329 Fluvia Ave Se Single Family 2,236 B
1115 Dunham St Se Single Family 2,008 B
301 Fluvia Ave Se Single Family 1,212 B
1102 Dunham St Se Single Family 1,808 B
343 Fluvia Ave Se Single Family 1,749 B
1140 Emerald Rd Se Single Family 904 C
1175 Cordova St Se Single Family 1,726 B
1111 Emerald Rd Se Single Family 890 C
357 Fluvia Ave Se Single Family 1,418 B
1103 Dunham St Se Single Family 2,006 B
1130 Emerald Rd Se Single Family 940 C
384 Fluvia Ave Se Vacant Residential 0 L
1162 Cordova St Se Single Family 1,224 B
291 Fluvia Ave Se Single Family 1,814 B
1098 Dunham St Se Single Family 1,713 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
1139 Brickell St Se .66 1,444 $300,000
1215 Shell Ct Ne .77 960 $139,900
967 Armstrong Rd Se .84 0 $59,900
961 Armstrong Rd Se .86 0 $59,900
789 Duncan Rd Se .87 0 $50,000
302 Arapahoe Ln Ne .89 1,662 $335,000
1323 Talleyrand St Se 1.04 0 $39,000
1333 Talleyrand St Se 1.05 0 $39,000
656 Delmonico St Ne 1.21 0 $389,900
581 Andrew St Se 1.28 0 $35,000
771 Everglade Ave Se 1.28 0 $59,900
1051 Johnston Rd Se 1.49 0 $40,000
203 Eldron Blvd Ne 1.52 0 $67,000
679 Airoso Rd Se 1.7 0 $341,990
126 Deauville Ave Se 1.79 0 $55,000

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 55 of all properties in this area. This suggests it would appeal to someone earning around $72,774 per year who should qualify for a mortgage between $145,548 and $181,935.

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 55 of all properties in this area. This corresponds to a rent of $884 per month and a monthly household income of $3,280 ($39,360 per year)

Nearby Companies

Yellowkeyrealty.Com, Inc.
272 Fluvia Avenue Se
Disclaimers and Disclosures

Public Records Data

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