October 23, 2016

Property Values

Real Estate Values in Florida's Space Coast

Compare properties in this interactive photo gallery

What will $200,000, $500,000 and $1,000,000
buy in Florida's space coast?

Realtors believe prices have finally reached the bottom — after a bruising six years in which the median home price fell 55%. Tim Harber, president of Space Coast Realtors, says buyers — many of whom are paying cash — are enticed by the reduced prices. But certain areas are doing better than others. Cocoa Beach in particular is doing well, he says, but Palm Bay is struggling with too much inventory.

Click any photo to enlarge:

$200,000 $500,000 $1,000,000

Palm Bay
Square Feet: 3,500
Bedrooms/Baths: 5/4
Age: 2
Selling Price: $217,000

The home has a large back yard with no neighbors behind it and a three-car garage.

Square Feet: 3,539
Bedrooms/Baths: 5/3
Age: 6
Selling Price: $520,000

The home, listed for 250 days, has a pool and is in a master-planned gated community. It sold for the list price.

Roll over and click the right side of the image to move forward

Merritt Island
Square Feet: 4,828
Bedrooms/baths: 5/5½
Age: 26
Selling Price: $1,030,000

The home straddles the Banana and Indian rivers and has a boat dock and boat lift.

Tags: Space Coast, Housing/Construction

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Mosaic's laser-beam measurement of sinkhole
Mosaic's laser-beam measurement of sinkhole

Last week Mosaic sent a drone with a camera flying above its sinkhole while the company lowered a measuring device using lasers into the hole to determine its width and depth. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Did the final presidential debate sway your opinion any?

  • No
  • Yes

See Results

Ballot Box