Brevard County Real Estate - Grant

Grant-Valkaria is a town located south of Melbourne in Brevard County, Florida. Grant was originally established in 1925 as a fishing village, and since 1966, the city has held the annual Grant Seafood Festival. The revenues collected through the seafood festival go back into the community through college scholarships and summer break activities for the local children. Originally two separate communities, Grant and Valkaria were joined in July of 2006 to create the single Incorporated Town of Grant-Valkaria.

Grant is in East Central Florida. Grant is approximately 46 miles from Port Saint Lucie (population 164,603) and around 8 miles from Palm Bay (population 103,190).

Grant 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 
7635 Great Bear Lake Dr Condominium 1,269 B
7627 Great Bear Lake Dr Condominium 1,539 B
7639 Great Bear Lake Dr Condominium 960 B
7623 Great Bear Lake Dr Condominium 1,512 B
7552 Chasta Rd Condominium 833 B
7560 Chasta Rd Condominium 920 B
7544 Chasta Rd Condominium 1,404 B
7568 Chasta Rd Condominium 960 B
7630 Great Bear Lake Dr Condominium 1,734 B
7619 Great Bear Lake Dr Condominium 1,512 B
7643 Great Bear Lake Dr Condominium 0 L
7536 Chasta Rd Condominium 936 B
7634 Great Bear Lake Dr Condominium 1,539 B
7626 Great Bear Lake Dr Condominium 1,544 B
7576 Chasta Rd Condominium 840 B
7528 Chasta Rd Condominium 1,008 B
7622 Great Bear Lake Dr Condominium 1,152 B
7646 Great Bear Lake Dr Condominium 1,510 B
7615 Great Bear Lake Dr Condominium 1,512 B
7647 Great Bear Lake Dr Condominium 2,108 B
7584 Chasta Rd Condominium 1,269 B
7559 Chasta Rd Condominium 1,296 B
7551 Chasta Rd Condominium 1,004 B
7520 Chasta Rd Condominium 1,104 B
7567 Chasta Rd Condominium 1,228 B
7543 Chasta Rd Condominium 1,296 B
7611 Great Bear Lake Dr Condominium 1,269 B
5391 Hammerstone Ct Condominium 1,552 B
7592 Chasta Rd Condominium 1,070 B
7575 Chasta Rd Condominium 1,512 B
7535 Chasta Rd Condominium 1,497 B
7651 Great Bear Lake Dr Condominium 1,664 B
7652 Great Bear Lake Dr Condominium 1,311 B
7512 Chasta Rd Condominium 1,040 B
7583 Chasta Rd Condominium 1,512 B
7607 Great Bear Lake Dr Condominium 1,512 B
7527 Chasta Rd Vacant Residential 0 L
7600 Chasta Rd Condominium 1,269 B
5387 Hammerstone Ct Condominium 1,206 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
5319 Bannock St .32 1,269 $220,000
413 Plover Dr .37 0 $79,500
7656 Highway 1 .37 1,447 $549,900
616 Puffin Dr .63 650 $155,000
927 Spruce St .64 1,150 $184,500
916 Frangi Pani Dr .67 1,372 $215,000
6240 Highway 1 1.76 1,152 $1,899,900
6870 Orchid Tree Dr 2.46 2,541 $1,680,000
47 Vip Is 2.61 1,150 $699,900
356 Aquarina Blvd 2.64 2,103 $675,000
110 Warsteiner Way 2.83 2,400 $829,900

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 71 of all properties in this area. This suggests it would appeal to someone earning around $76,866 per year who should qualify for a mortgage between $153,732 and $192,165.

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 71 of all properties in this area. This corresponds to a rent of $1,082 per month and a monthly household income of $3,069 ($36,828 per year)

Disclaimers and Disclosures

Public Records Data

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