Malabar Springs
Homes for Sale in Palm Bay, FL
All 1,148 homes for sale in Palm Bay, FL · median $343,995 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Malabar Springs in Palm Bay, FL has 5 homes for sale. Homes listed or recently sold were built 2026 - 2026 with 9 new construction; 9 of 9 report an HOA (median $20/mo); 8 of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 18 ft).
| Location | Palm Bay, Brevard County, FL |
|---|---|
| Homes in the community | 337 (FL DOR 2025 assessment roll) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Dog Park, Gated, Playground, Security Gate, Jogging Path, Water |
| For sale right now | 5 active, 2 pending · median asking $374,900 · 60.0 months of supply |
| Owner-occupied (homestead) share | 0% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Malabar Springs key facts,” movewithmomentum.com/neighborhoods/malabar-springs-palm-bay, data as of July 15, 2026.
Last 30 days in Malabar Springs: 3 under contract right now, 2 closed sales (median $452,050). As of October 3, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Malabar Springs is a gated community of 337 homes in Palm Bay, and right now the number that matters most is supply. With just 5 active listings but 60 months of inventory, this reads as a slow, thinly traded market where a home can sit unless it is priced and presented to move. Price here is condition-driven: with so few homes changing hands, comparable sales carry outsized weight, and the spread between a turnkey listing and one that needs work can be wide.
For buyers, the posture is clearly buyer-leaning - you have time to inspect, negotiate, and walk away, and there is little pressure to overpay. For sellers, that same math is a warning: at this pace, standing out on condition and pricing discipline is not optional. The gate and amenity package help the story, but they do not move a home on their own.
The 60-Second Overview
A gated Palm Bay community of 337 homes in Brevard County, currently thin on inventory and firmly buyer-leaning, with a full amenity slate behind the security gate.
Flood zones in Malabar Springs: of 9 listing addresses checked against the FEMA National Flood Hazard Layer, 11% sit outside the FEMA Special Flood Hazard Area (Zone X); 89% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Palm Bay.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Malabar Springs. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Malabar SpringsPhotos from Space Coast MLS listings in Malabar Springs; content deemed reliable but not guaranteed.
Who Malabar Springs is best for.
Best for
- Buyers who value a gated setting with pool, fitness center, and dog park and are willing to negotiate patiently
- Long-hold buyers comfortable owning through a slow-moving resale market
- Buyers who want to shop condition carefully and use the buyer-leaning market for leverage on price
Probably not for
- Anyone who needs to resell quickly or count on a fast exit
- Buyers wanting a fast-moving, competitive market with quick turnover
- Buyers unwilling to budget for HOA dues and verify amenity access before committing
The market around Malabar Springs
Malabar Springs is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Malabar Springs specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Malabar Springs
Live MLS inventory for Malabar Springs. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
ActiveTop listingPendingPendingPendingActive and pending Malabar Springs listings as of 2026-10-01, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Every Home for Sale in Malabar Springs Palm Bay Right Now (4)
All 4 active and pending Malabar Springs Palm Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4825 Madras Drive · $374,900 · 3 bd / 2 ba · listed Jul 5, 2026 · listed by New Home Star Florida LLC
- 5134 Madras Drive · $399,900 · 4 bd / 3.5 ba · pending · listed Jul 5, 2026 · listed by New Home Star Florida LLC
- 5125 Madras Avenue · $369,900 · 3 bd / 2 ba · pending · listed Jul 5, 2026 · listed by New Home Star Florida LLC
- 5124 Madras Drive · $314,900 · 3 bd / 2 ba · pending · listed Jul 5, 2026 · listed by New Home Star Florida LLC
Malabar Springs on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Malabar Springs
- Dog Park · reported on 7 of 7 listings
- Gated · reported on 7 of 7 listings
- Playground · reported on 7 of 7 listings
- Security Gate · reported on 7 of 7 listings
- Jogging Path · reported on 6 of 7 listings
- Water · reported on 6 of 7 listings
- Fitness Center · reported on 5 of 7 listings
- Pool · reported on 4 of 7 listings
- Park · reported on 1 of 7 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Jupiter · Elementary
- Central · Middle
- Heritage · High
Zoned schools reflect the assignments reported on recent Malabar Springs listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Malabar Springs address.
Shop the zone: Homes zoned for Heritage High School
The Malabar Springs buying strategy.
If we were buying in Malabar Springs today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Malabar Springs.
A gated community moving at a buyer's pace
The amenity list reported across MLS listings is substantial for a Palm Bay community: a gated entry with security gate, a pool and fitness center, a dog park, playground and park, plus a jogging path. That combination points to an HOA-managed community where the shared spaces are part of the value - so verify current access, dues, and rules directly with the HOA before you write an offer.
One data point worth sitting with: the homestead share here is reported at 0%, which suggests a community that skews toward non-primary ownership rather than owner-occupants. That can shape everything from HOA dynamics to how quickly listings turn over, and paired with 60 months of supply, it reinforces that this is a patient, price-sensitive market rather than a fast one.
The location and the amenities are priced into every listing in Malabar Springs. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thinly traded, comps are everything and mistakes are expensive - overpricing a listing here means it sits, and overpaying as a buyer means little support underneath you. We track every active and sold home in Malabar Springs, read the condition behind the price, and tell you plainly when a deal makes sense and when to keep your powder dry.
Malabar Springs in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $20/month (about $240/yr) · median of 67 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $20 per month ($240 a year) - the median AssociationFee across 67 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Malabar Springs buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Malabar Springs sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Malabar Springs, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Malabar Springs home worth?
Get a no-obligation home value based on real comparable sales in Malabar Springs, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Palm Bay →
Recently off market in Malabar Springs
Homes in Malabar Springs that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 2728 Nilgiri Street · off market
- 5115 Madras Drive · off market
28% of homes for sale in ZIP 32907 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-04).
Malabar Springs Market Scorecard
Malabar Springs is currently a seller's market (limited data). About 2.4 months of supply, a median asking price of $374,900.
Typical home value in the 32907 ZIP is $302,786, about 14.9% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-10-03. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Malabar Springs?
What share of Malabar Springs is owner-occupied?
Who is the best real estate agent for Malabar Springs?
How do I find a top Palm Bay real estate agent who knows Malabar Springs?
Can Momentum Realty connect me with an agent for Malabar Springs?
Where is Malabar Springs, and what county is it in?
Should you buy in Malabar Springs?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Malabar Springs fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Malabar Springs with Momentum Realty’s local guides.