The Space Coast is known for its stunning beaches, history of space exploration, wildlife, theatre, and national parks.
With the recent advancements in transportation systems, such as county-wide highways, Brightline railway, Orlando Melbourne airport expansion, Port Canaveral seaport, and NASA spaceports, the Space Coast real estate scene is poised for continued expansion and growth.
A healthy statewide highway system is crucial in connecting the Space Coast to other major cities and economic hubs. DeSantis approved a grant that allows Brevard County to link two major space locations – the Space Coast Regional Airport and the Space Coast Innovation Park together—with close proximity to I-95 and SR-407. Brevard continues to become a mighty powerhouse in the middle of the state!
With extensive improvements to existing roads and major highways, travelers access our region, with ease to both local and out-of-county themed attractions.
With increased accessibility, the Space Coast is growing and becoming even more desirable for real estate investment. Potential buyers can enjoy a less expensive price per square foot in comparison to other major cities. Brevard’s popularity stems from its easy commute to work and relatively quiet communities.
Additionally, the high-speed railway system Brightline—which will continue to add new stations throughout the state—has also contributed to the growth of the Brevard real estate market. The expansion of the commuter rail services has provided residents with a convenient and efficient way to travel to major cities like Miami and Orlando via the eastern coast. You can directly witness the countless real estate developments along the railway corridor as developers capitalize on the demand for housing near transportation hubs.
The Space Coast also has a steadily growing Orlando Melbourne International Airport. With a 33 million dollar gate and restaurant addition – our once quiet airport now enjoys an additional hib added in 2024 that supports 150,000 travelers from across the pond annually. The airport provides residents with easy access to domestic and international travel, making the region an attractive destination for tourists and business travelers. The airport’s accessibility has made the Space Coast a popular choice for vacation home buyers and investors looking to capitalize on the growing tourism industry.
Furthermore, the seaport on our Space Coast, Port Canaveral, plays a vital role in the region’s economy and real estate market. Port Canaveral is one of the busiest cruise ports in the world, second only to Miami, and welcomes millions of passengers annually. The influx of tourists has created a demand for vacation rentals and luxury waterfront properties, driving up property values along the coast.
Lastly, the Space Coast is home to the Kennedy Space Center. This world-renowned spaceport has played a significant role in the region’s economy and real estate market for decades. The recent advancements in space exploration, such as the development of commercial spaceflight companies like SpaceX and Blue Origin, have attracted a new wave of aerospace professionals to the area. This influx of talent has created a demand for housing near the Space Center, leading to new residential communities and luxury in-land properties.
In conclusion, the five major transportation systems have expanded the Space Coast real estate scene. The improved connectivity and accessibility provided by highways, railways, airports, seaports, and spaceports have made the region a desirable destination for residents, tourists, and investors.
As the Space Coast continues to grow and evolve, the real estate market is expected to thrive, offering various opportunities for buyers and developers looking to leverage the region’s unique amenities and attractions to their favor.
By taking advantage of Kevin’s extensive Rolodex and 40+ years of Industry experience, you can trust that she can assist you in making informed decisions to ensure a smooth home-buying or investment experience.
With more than 39 years of real estate knowledge, an expansive list of referral businesses, and happy clientele, Kevin R. Hill of RE/MAX is committed to assisting clients in every facet of the home selling or buying experience, from first-time home buyers to seasoned long-term investors.
Ms. Hill has sold millions of dollars in real estate during her four decades of real estate service and, in 2019, was honored with the prestigious “RE/MAX Circle of Legends award,” granted to professionals with more than ten years of service and $10 million in commissions.
Call her today at 321.543.3649 or visit her portfolio of single-family homes here.
