Neighborhood · Palm Bay, Florida
Port Malabar
Everyday Space and Value on Florida's Space Coast
4
Homes for sale
$277,000
Median list price
$195
Avg price / sqft
38
Median days on market
Port Malabar is one of the defining residential stretches of Palm Bay, a wide grid of single-family neighborhoods that runs from the golf-side streets near Port Malabar Country Club out toward newer pockets like Bayside Lakes and the riverward edges of Riverview. It's the kind of place where you get a real yard, room to park a boat or a work truck, and quick access to Brevard County's beaches and the broader Space Coast job base. Families land here for the assigned schools and the simple math of getting more house for the money.
For a buyer today, the market is thin but reasonable: just 4 active listings with a median list price of $277,000, and homes are moving at a measured pace — a median of 37.5 days on market. Over the last year 8 homes sold at a median of $258,500, with sellers collecting about 95% of asking, so there's room to negotiate without expecting a fire sale. At roughly $195 per square foot and a median size around 1,519 sqft, this remains one of the more attainable ways into Brevard County.
Port Malabar is a community in Palm Bay, Florida.
Quick facts
$232,500 – $350K price range
1,519 sqft median home
8 sold in 12 months
On the market now
Homes for sale in Port Malabar
$314,999
750 NE HAMPTON DRIVE, PALM BAY
3 bd · 2 ba · 1,071 sqft
$232,500$234,000
865 CANADA STREET NE, PALM BAY
4 bd · 1.5 ba · 1,519 sqft
$350,000
3246 Galleon Ave, Malabar FL 32905, MALABAR
3 bd · 2 ba
$239,000
712 Bianca Drive NE, Palm Bay FL 32905, PALM BAY
3 bd · 2 ba · 1,728 sqft
Every active listing inside the Port Malabar boundary
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Browse Port Malabar
Where the market lives
The numbers that matter
The Port Malabar market
8
Sold, last 12 months
$258,500
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
40 days
Median time to sell
Port Malabar vs Palm Bay
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 5.9% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Port Malabar boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Port Malabar is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Port Malabar home
≈ $1,952/mo
$277,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
4,078
Median age
53
Median income
$58,647
Median home value
$222,467
Beyond the listings
Living in Port Malabar
Culture
Top 8% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Relationships
Top 11% in the U.S.My Crew
Family, and friends who are like family - that's what this population is all about. These people love celebrating and nurturing their closest relationships.
Hobbies & Interests
Top 12% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Entertainment
Top 13% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Relationships
Top 13% in the U.S.Family Time
Family time is always a good time for these folks. Whether it's a family vacation or making ice cream sundaes at home, this population loves spending time with the people closest to them.
Appearance oriented
Top 13% in the U.S.Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Straight answers
Port Malabar FAQs
Is Port Malabar a good place to live?+
It's a practical, spread-out residential area in Palm Bay with several distinct communities, from country-club streets to newer neighborhoods like Bayside Lakes. You get room, reasonable prices, and access to Brevard County's beaches and job centers, which is why families and commuters keep choosing it.
Is Port Malabar expensive?+
No — it's one of the more affordable parts of the Space Coast, with a median list price of $277,000 and active homes ranging from $232,500 to $350,000. At about $195 per square foot, your dollar stretches further here than in most coastal Brevard markets.
What do homes cost in Port Malabar?+
Current active listings sit at a median of $277,000, while the 8 homes sold over the past year closed at a median of $258,500. Most homes are single-family with a median size around 1,519 sqft, so expect a real house with a yard rather than a condo or townhome.
How is the market right now?+
It's a thin, steady market with just 4 active listings and homes taking a median of 37.5 days to sell. Sellers are getting about 95% of asking on average, so serious buyers have modest room to negotiate without expecting deep discounts.
What about HOA fees and property taxes?+
Most of Port Malabar's single-family homes carry little to no HOA, though specific communities like Bayside Lakes may have their own dues. The median property tax runs about $3,398 per year, which is in line with the affordable price points here.
Keep exploring
More Palm Bay neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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