Investors around the world are increasingly turning to Brevard County for property investments. This should come as no surprise, with the region showing consistent economic and population growth year after year. Since the revival of the space program, major players in the aerospace and defense industries have made the Space Coast their home base, drawing in some of the best and brightest minds in tech and engineering from around the world to our shores.
The Palm Bay-Melbourne-Titusville Metropolitan Area ranked 10th on the Milken Institute’s Best Performing Cities 2020: Where America’s Jobs are Created and Sustained, putting the region in direct competition with other high-producing tech hubs and centers of commerce around the country. But Brevard County is so much more than a tech hub. It’s a place where arts and culture are flourishing, where residents have access to world-class attractions and entertainment, and where families can grow and find fulfillment.
In 2016, about 44% of Brevard County’s renters resided in single-family homes. As increasing numbers of young professionals flood to the Space Coast for job opportunities with L3Harris and other major corporations in the area, they’re looking for homes where they and their families can be comfortable. Now is the perfect time to invest in single family homes in Brevard.
While some investors enjoy renovating a fixer-upper, others are getting a jump on the market by purchasing luxury investment properties or turnkey rentals. Your agent at Ellingson Properties can help you determine which type of investment is the best fit for you and select a property that meets all your criteria.
Viera was named the 15th best-selling Master-Planned Community in the United States by RCLCO Real Estate Advisors in 2015. The area earned this distinction with its exemplary educational facilities, quality health care services, and proximity to shopping, dining, and other amenities. Stunning communities like Viera abound across Central Florida, offering something for every resident to enjoy.
The Space Coast is home to sought-after 55+ communities, golf course communities, waterfront communities, and more. Investors can find properties accented by any combination of natural features and exciting amenities, giving them every opportunity to find the right renters for their homes.
Whether you’re seeking the perfect market for your next investment or you’re just entering the world of real estate investing, Ellingson Properties offers a comprehensive menu of services to help you secure the right property and ultimately maximize your returns. What sets us apart?
Investing in real estate can be a complex undertaking, regardless of your level of experience. For a successful property investment, you need to find a promising market, a good home in the right neighborhood, and a quality team to manage your property. Ellingson Properties offers white glove service to every investor we work with, giving you insightful market analysis and access to some of the best luxury homes Brevard County has to offer.
Read the blogs below to learn the latest information about investing in Brevard County real estate.
Posted: May 3rd, 2023
A Solid Investment Strategy for 2023 While investing in Brevard County real estate is a great way to build your portfolio and generate passive income, it brings with it a unique series of challenges that may appear too daunting for novices to overcome–namely, amassing enough capital for the initial home purchase. As a rule of thumb, you...
Posted: January 24th, 2023
Property Investment: A Flexible Way to Earn Income Top financial advisors regularly cite property investment as one of the best ways to build a portfolio. According to Investopedia, investing in real estate can help you build wealth, give you tax advantages, and offer great returns, among many other benefits. But purchasing your investment...
Posted: March 22nd, 2013
Investing in Brevard County Real Estate Brevard County, Florida - Viera, Melbourne, Cocoa Beach, Satillite Beach, Rockledge If you are thinking of pulling the trigger and investing in real estate, get this FREE Investor Package. Ellingson Properties has put together the information you need to reduce stress and save money when investing in Brevard County Real Estate. Investor Package includes: Navigating the Distressed Property Market Property Renovation Services Property Management Services
Posted: March 22nd, 2013
A recent report published by the Bank of Montreal has demonstrated that Canadian Snowbirds now make up the majority of Florida's property buyers. Recent studies have shown that the median price of a single-family home in Florida is almost half that of a single-family home in Canada. In 2010, thirty-six percent of all real estate transactions in Florida involved Canadian investors, who also provide the top source of tourism income in the state. According to the same report, over half a million Canadians now own Florida property. As prices continue to plunge and the strength of foreign currency increases, now is a great time for investors and snowbirds to look at Brevard County properties...
Posted: November 6th, 2019
The Space Coast is one of our favorite places on the planet - that’s why we love living here! According to CNN Travel, the Space Coast is also one of the most notable tourist destinations in the world in 2019, as well. The media mogul listed our beloved Space Coast as a must-see for worldly travelers for one big reason: space travel. As...
Posted: May 21st, 2020
Over the last several years, Brevard County has become a major point of interest for property investors around the world. Its booming economy and status as a major hub for defense and aerospace corporations packs a lot of appeal and renting power for investors. However, in light of the COVID-19 outbreak, many people have been hesitant to deal...
Posted: June 26th, 2020
While investing in Brevard County properties is a great way to build your portfolio and create residual income for yourself and your family, there’s no denying that the upkeep can be time-consuming and sometimes expensive.Think about it: whether you plan to buy and hold your investment property or you decide to rent it out, you can’t...
Posted: August 14th, 2020
The Investment Market Remains Active If you’ve been thinking about investing in Brevard County real estate, now is a great time to look for the right opportunity. If you have read one of our previous blogs, you know that the investment market surprised many and held strong through the coronavirus and has remained active through the summer...
Posted: October 1st, 2020
No matter what sparked your interest in property investment, everyone’s reason for entering the investment market is fairly simple: to earn passive income and build a diversified portfolio. With that in mind, your core goal upon entering the investment market is to find a property (or properties) that will help you receive the greatest...
Posted: October 20th, 2020
Do a quick Google search for “best places to buy investment property in 2020.” Each of the lists in the top 5 results is heavily peppered with cities in Florida, with a high concentration of Central Florida cities. In fact, if you look at Roofstock’s comparison between this year’s list and last year’s, you’ll...
Posted: January 11th, 2021
The world of house flipping we see on HGTV is glamorous and fun. Reality show hosts seem to waltz into their home flipping project of choice, smash a couple walls with a sledgehammer, and present a fully-updated home by the end of the episode. Usually, shows like “Fixer Upper” and “Flip or Flop” give viewers an idea of...
Posted: January 29th, 2021
It’s an interesting time to enter the Brevard County investment market. Historically low interest rates continue to empower buyers, giving curious homeowners a reason to keep an eye out for available homes in Brevard. Available properties are being scooped up fairly quickly in our area, but more opportunities are beginning to emerge as we...
Posted: June 16th, 2021
The Space Coast is a great place for a hopeful real estate investor to get their start. From its hubs for arts and culture to its outdoor recreational possibilities and its burgeoning centers of industry, the Space Coast provides an attractive location for renters from all walks of life. It’s no wonder the Census Bureau reports that...
Posted: September 30th, 2021
Finding the Right Property Type for Your Portfolio Investing in property is exciting! You have the opportunity to expand and diversify your portfolio while meeting your financial goals, and you may even get the chance to deepen your connection to your location! However, if you choose the “wrong” property, this exciting opportunity...
Posted: December 8th, 2021
With more people rebuilding their confidence in moving and traveling after the initial wave of COVID-19, now is the perfect time to open up your investment property to eager renters. Purchasing and renting out an investment property is a great way for you to earn additional income or start your venture in real estate! Whether you’re...
Posted: February 8th, 2022
It’s Not Always as Glamorous as it Looks on TV Turn on HGTV or the DIY network and you’re likely to come across a home rehab show. An investor finds a property that’s a diamond in the rough, draws up plans with an architect, and starts smashing walls with a sledgehammer, quickly transforming it into a luxurious abode with all...
Posted: July 14th, 2022
Space Coast Homes are Moving Quickly While there are signs that the Brevard County housing market is slowing down from its breakneck speed of the past few years, buyers are still snatching available homes at record speeds. By 2021, the median days on market for Brevard County homes dropped to a meager 35 days; although that number has since...
