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 
1917 Pinewood Dr Ne Condominium 1,036 B
4317 Pinewood Dr Ne Condominium 1,036 B
4921 Pinewood Dr Ne Condominium 1,036 B
5313 Pinewood Dr Ne Condominium 1,036 B
3321 Pinewood Dr Ne Condominium 1,036 B
3913 Pinewood Dr Ne Condominium 1,036 B
4117 Pinewood Dr Ne Condominium 1,036 B
3911 Pinewood Dr Ne Condominium 1,036 B
2911 Pinewood Dr Ne Condominium 1,036 B
3715 Pinewood Dr Ne Condominium 1,036 B
3911 Pinewood Dr Ne Condominium 1,036 B
1927 Pinewood Dr Ne Condominium 1,036 B
1925 Pinewood Dr Ne Condominium 1,036 B
1923 Pinewood Dr Ne Condominium 1,036 B
1921 Pinewood Dr Ne Condominium 1,036 B
1915 Pinewood Dr Ne Condominium 1,036 B
1913 Pinewood Dr Ne Condominium 1,036 B
1911 Pinewood Dr Ne Condominium 1,036 B
2325 Pinewood Dr Ne Condominium 1,036 B
2327 Pinewood Dr Ne Condominium 1,036 B
2321 Pinewood Dr Ne Condominium 1,036 B
2317 Pinewood Dr Ne Condominium 1,036 B
2315 Pinewood Dr Ne Condominium 1,036 B
2313 Pinewood Dr Ne Condominium 1,036 B
2311 Pinewood Dr Ne Condominium 1,036 B
2323 Pinewood Dr Ne Condominium 1,036 B
1568 Lakewood Dr Ne Single Family 912 C
1582 Lakewood Dr Ne Vacant Residential 0 L
1554 Lakewood Dr Ne Single Family 912 C
2715 Pinewood Dr Ne Condominium 1,036 B
2713 Pinewood Dr Ne Condominium 1,036 B
2727 Pinewood Dr Ne Condominium 1,036 B
2723 Pinewood Dr Ne Condominium 1,036 B
2711 Pinewood Dr Ne Condominium 1,036 B
2721 Pinewood Dr Ne Condominium 1,036 B
2725 Pinewood Dr Ne Condominium 1,036 B
1945 Palm Bay Rd Ne Professional service building 21,720 B
1975 Palm Bay Rd Ne Professional service building 21,720 B

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
4927 Pinewood Dr Ne .18 1,036 $175,000
1294 Cimarron Cir Ne .61 1,950 $424,900
4204 Canby Dr .62 2,306 $415,000
1780 Live Oak St Ne .9 828 $129,900
1780 Big Cypress St Ne .94 1,104 $200,000
1664 Sunny Brook Ln Ne 1.11 914 $225,000
603 Heming Way 1.18 0 $414,700
3848 Town Square Blvd 1.32 1,216 $295,000
2230 Monroe St Ne 1.46 2,496 $325,000
1500 Main St Ne 1.8 11,200 $1,099,000
1194 Ver Cir Ne 1.92 0 $415,000
2502 Victoria Dr Ne 1.93 0 $79,000
2971 Indian River Dr Ne 2.13 672 $158,000
3079 Indian River Dr Ne 2.13 672 $129,500
2814 Harbor City Blvd S 2.16 1,400 $629,000

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 2 of all properties in this area. This suggests it would appeal to someone earning around $6,566 per year who should qualify for a mortgage between $13,132 and $16,415.

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 2 of all properties in this area. This corresponds to a rent of $422 per month and a monthly household income of $1,223 ($14,676 per year)

Nearby Companies

Va Electric & Maintenance LLC
1527 Pinewood Dr Ne
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.