THE SPACE COAST, FLORIDA’S REAL ESTATE HOT SPOT
The Space Coast has been an idyllic place to live and work for many years and in recent years more people are discovering just how amazing it is to call our little piece of paradise home. Many factors have attracted a growing number of residents and businesses to our ‘Comeback Coast’, leading to the high demand for housing and commercial real estate. The Space Coast is quickly becoming Florida’s real estate hot spot!
Some of the top factors making this area Florida’s real estate hot spot include:
Proximity to Beaches: Space Coast is known for its beautiful beaches, with great waves for surfing and swimming, making it a popular destination for tourists and residents alike.
Booming Tech Industry: With companies like SpaceX and Blue Origin operating in the area, Space Coast has become a vibrant hub for the aerospace industry and high-tech companies.
Growing Tourism Industry: Space Coast’s attractions, such as Port Canaveral, Kennedy Space Center, the award-winning Brevard Zoo, (and coming soon an Aquarium) are all big draws that bring in a steady stream of new visitors.
Military Presence: There are multiple military installations located in the area, including Patrick Air Force Base and Cape Canaveral Air Force Station, which bring in a significant number of military personnel and their families.
Quality of Life: Space Coast boasts a high quality of life. Being close to rivers and the ocean opens up many water sports opportunities from surfing to boating. We also have the bonus of liquid sunshine which allows for endless outdoor activities. The access to outdoor adventures combined with a relatively low cost of living, compared to other coastal areas in Florida, make it an attractive place to live.
I’ve had a close pulse on our market working as a Space Coast Realtor® for 20+ years and I can say that our growing Space Coast is a solid place to invest in real estate. All these factors along with the increase in population and job growth bode well for our area’s real estate market long term. Our bountiful Space Coast is launching into the growing future!
