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Florida is a large subtropical state that experiences hurricanes. Although Brevard county is located along Florida’s eastern peninsula, it is less frequently impacted by direct hurricane landfalls than portions of the Panhandle or South Florida. There are two predominant reasons for this. First, westward moving tropical systems often reach an atmospheric ridge weakness in the Bermuda High by the time they approach Florida at a latitude as northerly as Brevard County. Combined with frontal systems that exit the United States’ East Coast, many of these tropical systems are steered northwest and eventually curve northward offshore along Florida’s East Central Coast. A second reason is that hurricanes landfalling along the Florida peninsula Gulf Coast often weaken to a tropical storm by the time they move northeast to affect Brevard County (with some exceptions, such as 2004’s Charley). No major hurricane, defined as category 3 or higher, has ever struck Brevard since 1850, the beginning of recorded climate.
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Cocoa Main Street, a member of the Florida and National Main Street Programs, works toward restoring business sites in the historic area known as “Cocoa Village”. Cocoa Main Street has received six Florida Main Street Awards given by the Secretary of State. The restored area is a tourist attraction and an economic magnet. Melbourne Main Street is another historic business area and tourist attraction restored through the Main Street Programs.
“Many seller’s agents will continue to show the property to potential buyers up until the very last minute, in hopes of obtaining an even more compelling offer,” says Gary Malin, president of Citi Habitats in New York City.
Find out more about this beautiful Central Florida area. Get details on Brevard County real estate, delightful regional features, communities and neighborhoods on the Space Coast, with my unique website resources. If you have a question about the area or its homes for sale, contact me directly. Take advantage of my many years of experience and real estate expertise.
The Brevard economy has been driven by Trade, Transportation and Utilities (18%), Professional and Business Services (17%), Total government (15%), Education and Health (14%), Manufacturing (12%), Leisure and hospitality (10%), Construction (6%), Financial (4%).
In 2017, there were five municipal entities selling water (figures in parentheses are millions of gallons/day): Cocoa (22), Melbourne (19), Palm Bay (6), Titusville (2), and West Melbourne (1). The fifth, Brevard County (1), is low because county areas outside the preceding cities, purchase their water from those cities.
84,401 households in the county (38%) received social security payments in 2009 averaging $16,136 for a total of $1.7 billion annually. 53,717 (24%) received pension payments averaging $24,327 for a total of $1.3 billion annually.
In 2010 Kiplinger.com rated the county one of five “best” places in America to retire. Factors evaluated included cost of living, weather, the number of doctors, taxes, crime rates and recreational opportunities.
The United States Office of Management and Budget has designated Brevard County as the Palm Bay-Melbourne-Titusville, FL Metropolitan Statistical Area. The United States Census Bureau ranked the Palm Bay-Melbourne-Titusville, FL Metropolitan Statistical Area as the 98th most populous metropolitan statistical area and the 96th most populous primary statistical area of the United States as of 1 July 2012.
Florida Power & Light maintains an oil-fired generating plant at Sharpes; it generates 800 megawatts (1,100,000 hp), supplying most of the requirements for the county. In 2008 the company announced plans to replace the plant with a more efficient natural gas-powered plant in 2013 with a 1,250 megawatt capacity, which can supply 250,000 homes or businesses. Near FPL’s plant is the Indian River Power Plant; formerly owned by the Orlando Utilities Commission, it is now owned and operated by RRI Energy.
In 2013, the county planned a new $100 million landfill, north of State Road 192, near the border with Osceola County, 8.5 miles (13.7 km) west of I-95. The county has awarded a $3.9 million contract for a wetlands mitigation for this new landfill.
Like MLS, RLS has under contract, sold and days on market data, and houses rental listings as well. There is a database, which in 2011, was slated to be converted to the more familiar RETS standard in January 2012. The RLS gateway is populated by several private databases that include RealtyMX (RMX), Online Residential (OLR) and Realplus, another proprietary database available to Manhattan Brokers. These databases exchange data continually effectively creating several separate systems with essentially similar data. Another vendor, Klickads, Inc D/B/A Brokers NYC, owned by Lala Wang sued in 2007 to be included in the list of firms permitted to participate in the Gateway. REBNY also grandfathered the major brokerages including Douglas Elliman, Corcoran, Stribling, Bellmarc as participants to the Gateway.
Though the area has a relatively small number of high technology companies, 736, a business journal ranked it eighth in the country as a high tech center in 2009. The area had 23,096 high-tech jobs with a ratio of 124 per 1,000 total jobs.
In Canada, the national MLS is a cooperative system for the members of the Canadian Real Estate Association (CREA), working through Canada’s 101 real estate boards and 11 provincial/territorial associations. Both the terms Realtor and MLS are registered trademarks for both the members and data of the CREA. The Real Estate Board of Greater Vancouver claims to have pioneered the first MLS in Canada. A publicly accessible website (at realtor.ca, formerly mls.ca) allows consumers to search an aggregated subset of each participating board’s MLS database of active listings, providing limited details and directing consumers to contact a real estate agent for more information.
Military installations in Brevard County include Patrick Air Force Base, near Satellite Beach, Cape Canaveral Air Force Station (CCAFS), adjacent to the Kennedy Space Center, and the U.S. Air Force Malabar Test Facility on Minton Road in suburban Palm Bay. In 2009, they employed a total of 2,000 civilian federal workers.
Subscribing to your favorite Homes & Land eMagazine has also never been easier! You can now subscribe to the Homes & Land magazine available in your preferred area and be the first to browse the newest issue. From within the magazine, you can also click to contact top real estate agents in the area that will answer your questions about the listings or the local housing market.
In 2011, the county was rated 6th worst in the country for foreclosures. There were 1,039 for the third quarter of 2010. Nearly half the homes in the county were worth less than their mortgages. The average home had dropped 53.4% since the peak of the boom. In 2012, the county was the highest in foreclosure rate in the nation. In 2013, the metro area was rated “best” in the country for buying, with a 34 months supply of houses, with a discount rate of 28%, according to RealtyTrac. It has since reduced its backlog.
“I highly recommend Demi Loftis and Looking Glass Realty.We had the pleasure of meeting Demi as the listing agent for a property that we found online. She was so proactive that we decided to use her as our agent to place an offer on the property (dual agency). She had to negotiate some tricky issues with an additional offer and a condo association dispute, and she was very responsive and professional. She’s also been a wealth of knowledge about the area.”
The Technological Research and Development Authority, based on the Space Coast, delivers technologies to schools and small businesses throughout the state of Florida. They obtain this information through strategic alliances with NASA, the federal government, the aerospace industry and state partners. They also sponsor a business incubator at the Melbourne Airport.
With a large wrap around front porch which feeds into a very large screen porch, and then spills out onto a lovely back deck with an octagonal space overlooking the backyard with a fire pit area and large yard bordered by a creek, the setup will be perfect for relaxing or entertaining.
Eriksen, John (1994). Brevard County, Florida: A Short History to 1955. Melbourne, Florida: JohnEriksen.net/. ASIN B076H69FDW. – This is a documented history of Brevard County, from prehistoric to the space age. Documented with 320 end notes drawn from 1000 sources.
In 2005, the Next Generation Consulting for Leadership Brevard, a leadership development organization for local business and civic groups, and Brevard Tomorrow commissioned a survey of people 21-44. Basically, these people often found the area “boring”, mainly because it is family-friendly at the expense of being singles-friendly. While this may have labor repercussions later, currently business is having no problems hiring.
Three cities provide potable water and sewage for their cities and surrounding areas: Cocoa, Melbourne, and Titusville. Where available, residents were obligated to hook into the system. In 2012, there were 90,000 septic tanks.
Jump up ^ “Brevard County, Florida: SELECTED ECONOMIC CHARACTERISTICS – 2006-2010 American Community Survey 5-Year Estimates”. factfinder.census.gov. Archived from the original on 29 November 2014. Retrieved 18 November 2015.
“We found Carol and Robert through their blog, and could not be more happy that we did. We felt an immediate connection, and knew that they were the team for us. Through countless conversations and visits to prospective homes, Carol and Robert always made us feel as if we were their top priority. They made the process of finding our new home fun and enjoyable, and really set the stage for the new life we would be creating in the mountains of North Carolina. I think what makes them such outstanding partners while looking for a new home is that they really listen. They could anticipate what we were looking for, and opened our eyes to properties we otherwise would not have looked at. The home we bought is an example of that.
The Brevard County government had annual expenditures just over $1 billion in the fiscal year 2009–2010, exclusive of the municipalities. In 2009, real estate taxes for homesteaded property averaged .83% of the value of the property. Real estate taxes are levied by each authority. They are collected by the County Tax Collector. The total taxable real estate base was $33.7 billion in 2009. County taxes rose 26.5% in total per capita revenue from 2002 to 2007, and 49.8% in property tax per capita in the same time frame. Delinquent taxes were $36 million in 2008.
In 2010, 8.6% of the county’s population was foreign born, with 59.4% being naturalized American citizens. Of foreign-born residents, 49.1% were born in Latin America, 22.9% were born in Europe, 18.3% born in Asia, 6.4% in North America, 2.4% born in Africa, and 0.9% were born in Oceania.