Florida Trend
Get FREE Business News Updates

NAVIGATION

February 7, 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.



Rockledge
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

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

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

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Table Talk - Secrets of a good winelist
Table Talk - Secrets of a good winelist

Chris Sherman, restaurant editor at Florida Trend, details the features that make a winelist great. This video is first in a series -- see more installments every Friday through February.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Your Super Bowl 50 pick -

  • Carolina Panthers
  • Denver Broncos
  • The Commercials
  • None of the above: Just an excuse to party!
  • Psh... Couldn't care less...

See Results

Ballot Box
Subscribe