Parkway Dr / Kent Dr median real estate price is $146,549, which is less expensive than 71.8% of Florida neighborhoods and 63.8% of all U.S. neighborhoods.
The average rental price in Parkway Dr / Kent Dr is currently $1,536, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.4% of the neighborhoods in Florida.
Parkway Dr / Kent Dr is a suburban neighborhood (based on population density) located in Melbourne, Florida.
Parkway Dr / Kent Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Parkway Dr / Kent Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Parkway Dr / Kent Dr. The current real estate vacancy rate here is 23.1%. This is higher than the rate of vacancies in 89.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.