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 
774 Duncan Rd Se Vacant Residential 0 L
758 Duncan Rd Se Vacant Residential 0 L
782 Duncan Rd Se Vacant Residential 0 L
767 Alfonso Ave Se Single Family 1,412 B
765 Duncan Rd Se Vacant Residential 0 L
773 Duncan Rd Se Vacant Residential 0 L
775 Alfonso Ave Se Single Family 1,132 C
759 Alfonso Ave Se Vacant Residential 0 L
757 Duncan Rd Se Single Family 2,008 B
742 Duncan Rd Se Single Family 1,442 C
781 Duncan Rd Se Single Family 2,006 B
751 Alfonso Ave Se Single Family 1,858 B
790 Duncan Rd Se Vacant Residential 0 L
749 Duncan Rd Se Vacant Residential 0 L
783 Alfonso Ave Se Single Family 1,364 C
789 Duncan Rd Se Vacant Residential 0 L
743 Alfonso Ave Se Vacant Residential 0 L
698 Jaffee Ave Se Vacant Residential 0 L
688 Jaffee Ave Se Single Family 1,278 B
741 Duncan Rd Se Vacant Residential 0 L
758 Alfonso Ave Se Single Family 1,681 B
664 Jaffee Ave Se Vacant Residential 0 L
774 Alfonso Ave Se Vacant Residential 0 L
797 Duncan Rd Se Single Family 2,015 B
799 Alfonso Ave Se Single Family 2,203 C
1102 Jaslo St Se Vacant Residential 0 L
735 Alfonso Ave Se Single Family 875 C
782 Alfonso Ave Se Single Family 1,206 B
719 Duncan Rd Se Vacant Residential 0 L
750 Alfonso Ave Se Single Family 2,051 B
652 Jaffee Ave Se Vacant Residential 0 L
790 Alfonso Ave Se Single Family 1,569 C
726 Duncan Rd Se Single Family 1,480 C
742 Alfonso Ave Se Vacant Residential 0 L
1073 Hutchins St Se Single Family 1,370 B
727 Alfonso Ave Se Single Family 1,050 C
640 Jaffee Ave Se Single Family 912 C
751 Diplomat Ave Se Single Family 1,624 B
1110 Jaslo St Se Vacant Residential 0 L
1111 Jaslo St Se Single Family 1,204 C
1052 Hutchins St Se Single Family 1,869 B
763 Diplomat Ave Se Single Family 1,375 B
687 Jaffee Ave Se Vacant Residential 0 L
739 Diplomat Ave Se Single Family 1,314 C
1060 Hutchins St Se Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
789 Duncan Rd Se .05 0 $50,000
961 Armstrong Rd Se .18 0 $59,900
967 Armstrong Rd Se .18 0 $59,900
1323 Talleyrand St Se .57 0 $39,000
1333 Talleyrand St Se .58 0 $39,000
1051 Johnston Rd Se .67 0 $40,000
771 Everglade Ave Se .74 0 $59,900
581 Andrew St Se .91 0 $35,000
679 Airoso Rd Se .96 0 $341,990
660 Merrimac St Se 1.09 0 $399,900
1001 Sablon St Se 1.2 0 $334,750
926 Commerce Rd Se 1.38 1,480 $305,500
302 Arapahoe Ln Ne 1.54 1,662 $335,000
1215 Shell Ct Ne 1.6 960 $139,900
729 Seven Gables Cir Se 1.63 1,352 $350,000

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.

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%.

Disclaimers and Disclosures

Public Records Data

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