Brevard County Real Estate - Titusville

Titusville is the County Seat of Brevard County. Nicknamed Space City, USA, It is a principal city of the Palm Bay -Melbourne - Titusville Metropolitan Statistical Area

Titusville is a full service city covering 30.3 square miles and a population of approximately 45,000. Titusville is located on the west shore of the Indian River Lagoon, directly across from the John F. Kennedy Space Center. The Atlantic Ocean lies approximately 12 miles to the east and East Orlando 30 miles to the west. Incorporated in 1886, Titusville has seen most of its growth since 1962, with the creation of the Lunar Landing program at the Space Center. Titusville is the eastern anchor of Florida’s high tech corridor. Industrial parks and prime commercial properties are near major highways such as I-95, SR 528/Beach line Expressway, and SR 50, all providing easy access to Orlando and other major cities.

Connecting the city to the rest of Florida and beyond is a modern, uncongested system of road and rail connections. Interstate 95, US 1,State Road 50 and the Florida East Coast Railway are all excellent methods for land transportation in the immediate area.

Commercial air transportation is provided by Orlando International Airport. General aviation facilities are available at Space Coast Regional Airport, located just five minutes from Kennedy Space Center and home to 1,200 acres of industrial property.

On the Atlantic Ocean sits Port Canaveral, a major deepwater port serving cargo, tanker and cruise markets. Port Canaveral has shown tremendous growth of late, registering 3.6 million short tons of cargo and 4.3 million total cruise passengers in FY 2007.

The nostalgic historic Downtown area offers arts and crafts shops, clothing and consignment shops, flower and gift shops and a nearby riverside park, as well as several popular restaurants.

Nearby are other gift, hobby, museum and antique shops. Within one mile of downtown is the Titusville Municipal Marina with a ships store, a large seawall for viewing manatee and other marine life.

There 10 hotels/motels in Titusville mostly clustered around I95 or the Indian River.

House prices and rent in Titusville have been negatively impacted by the imminent closure of the shuttle program and the consequential loss of high salary jobs. As a real estate investor house prices are softer here than other areas in Brevard County. It is extremely important that the price paid enables the property to cash flow as a rental as selling prices are unlikely to rebound in the near future.

Titusville is in East Central Florida. It's population as recorded in the 2010 Census was 43,761. Titusville is approximately 35 miles from Orlando (population 238,300) and around 42 miles from Palm Bay (population 103,190).

The median age for residents of Titusville is 44.3. Around 26.6% of Titusville households include school aged children and 34% of households include individuals aged 65 years or over. Census records indicate 80.8% of the Titusville population are White, 13.5% are Black or African American, .4% American Indian, 1.3% Asian and 2.5% are Two or more Races.

There are 22,729 housing units in Titusville. 3,712 (16.3%) of these were reported as vacant in the 2010 Census. There are 7,766 residential rental units in Titusville. 6,238 of them were occupied in 2010 providing a residential rental vacancy rate of 19.1%.

Titusville 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 
576 Gardenia Cir Single Family 1,212 C
568 Gardenia Cir Single Family 1,456 C
2917 Holly St Single Family 1,216 C
2921 Holly St Single Family 1,328 C
2913 Holly St Single Family 1,800 C
580 Gardenia Cir Single Family 1,648 C
564 Gardenia Cir Single Family 1,198 C
571 Gardenia Cir Single Family 1,176 C
567 Gardenia Cir Single Family 1,360 C
575 Gardenia Cir Single Family 1,172 C
2909 Holly St Single Family 1,064 C
2925 Holly St Single Family 1,460 C
553 Gardenia Cir Single Family 1,400 C
579 Gardenia Cir Single Family 1,080 C
584 Gardenia Cir Single Family 1,368 C
560 Gardenia Cir Single Family 1,184 C
2916 Holly St Single Family 1,120 C
2905 Holly St Single Family 1,120 C
2929 Holly St Single Family 1,824 C
2920 Holly St Single Family 1,064 C
2912 Holly St Single Family 1,288 C
2916 Flora St Single Family 1,360 C
2920 Flora St Single Family 2,080 C
2912 Flora St Single Family 1,120 C
583 Gardenia Cir Single Family 1,120 C
2924 Holly St Single Family 1,500 C
2908 Holly St Single Family 1,608 C
556 Gardenia Cir Single Family 1,472 C
588 Gardenia Cir Single Family 1,554 C
2924 Flora St Single Family 1,577 C
2908 Flora St Single Family 1,340 C
2901 Holly St Single Family 1,608 C
3009 Holly St Single Family 1,267 C
552 Gardenia Cir Single Family 1,152 C
2904 Holly St Single Family 1,276 C
585 Gardenia Cir Single Family 1,264 C
2917 Ivy St Single Family 1,326 C
2904 Flora St Single Family 1,066 C
2921 Ivy St Single Family 1,446 C
2913 Ivy St Single Family 1,936 C
548 Gardenia Cir Single Family 1,336 C
3002 Holly St Single Family 1,144 C
621 Mimosa Ave Single Family 1,666 C
2909 Ivy St Single Family 1,326 C
2900 Holly St Single Family 1,340 C
3046 Holly St Single Family 1,425 C
2900 Flora St Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
2833 Winstead Dr .64 1,430 $265,000
410 Indian Oaks Ct 1.06 2,039 $505,000
1535 Garden St 1.32 0 $329,000
500 Washington Ave N 1.54 2,202 $310,000
1761 Highway 1 N 1.55 0 $275,000
2805 Jay Jay Rd 1.55 1,920 $899,000
8 De Leon Ave S 1.68 448 $125,000
15 Bryan Ave 1.88 3,588 $665,000
2800 Parrish Rd 2.08 2,772 $840,000
1880 James Cir 2.35 2,440 $495,000
1003 Washington Ave S 2.38 1,487 $395,000
1007 Washington Ave S 2.39 1,203 $349,000
1309 Washington Ave S 2.57 2,141 $140,000
2398 Singleton Ave N 2.87 2,680 $825,000
2483 Highway 1 3.08 0 $449,750

Local Household Income

The median household income in this part of Florida is $62,468. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $145,332 per year. The top 1% earn more than $390,929 per year. Most renters earn between $28,824 (20th percentile) and $50,820 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,936 and $156,170.

The tax assessed value of this property places it in percentile 18 of all properties in this area. This suggests it would appeal to someone earning around $29,524 per year who should qualify for a mortgage between $59,048 and $73,810.

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 $871. Most renters earn between $2,402 and $4,235 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $635 (20th percentile) to $1,227 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 18 of all properties in this area. This corresponds to a rent of $619 per month and a monthly household income of $2,296 ($27,552 per year)

Disclaimers and Disclosures

Public Records Data

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