Port Malabar Country Club Unit 5 1St
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
Median sale $170K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Port Malabar Country Club Unit 5 1St Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$170K
Median sold · 12 mo
$190/sf
Sold $/sqft · 12 mo
peak $229 in 2024
96.7%
Sale vs ask
Brevard median: 96.2%
Tempo
8days
Median DOM · closed
4 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 22 years of records
890sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the house, not the address. With a median around $169,900 and roughly $190 per square foot, condition and finish level are doing most of the work — an updated home and a dated one on the same street can sit far apart on price. There are no identified community amenities pulling value up or down, so what you pay tracks the box itself: square footage, systems, and how much work is left to do.

The market posture is fast. A median of 8 days on market means well-priced, presentable homes move quickly, and sellers hold leverage on anything move-in ready. The tradeoff is thin data: only 3 closings in the window, so the median is a directional read, not gospel. Buyers should be ready to act on the right listing; sellers should price to the current comps rather than to hope.

The 60-Second Overview

Port Malabar Country Club Unit 5 1St market snapshot (as of July 15, 2026): the median sale price is about $170K ($190 per sq ft over the trailing 12 months of closed sales), and a median 8 days on market for closed sales.

A quiet residential pocket of Palm Bay in Brevard County with no identified shared amenities — the appeal is the individual home and its location, not a club or gated package.

Best for

  • First-time buyers targeting a lower-median price point in Brevard County
  • Renovation-minded buyers willing to trade condition for a lower entry price
  • Investors seeking a straightforward single-family hold with no HOA amenity overhead

Probably not for

  • Buyers who want a gated community with a clubhouse, pool, or shared facilities
  • Buyers who need a large, deep pool of recent comps before committing
  • Buyers who can't move quickly in a market where homes go under contract in roughly a week

Windows contain 1 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$100K$200K$300K1k2k
67 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $79 in 2012 to a $229 peak in 2024; $190 now.
Median days on market · closed sales
0204020122014201620182020202220242026
4 days at the 2022 low; 8 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
96.7% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
1 to 5 a year; 3 in the current window.

If we were buying in Port Malabar Country Club Unit 5 1St today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Port Malabar Country Club Unit 5 1St.

Best Buy
Buyers wanting an entry-priced single-family home in Palm Bay without HOA amenity costs.
Biggest Risk
A thin sample of only 3 closings makes the median a rough guide.
Sweet Spot
A move-in-ready home priced to the current comps in a fast-moving market.
Avoid If
You need resort-style amenities or a gated, club-style community.

A condition-driven market on thin volume

With the median near $169,900 and roughly $190 per square foot, this is an entry point into homeownership in Palm Bay rather than a premium enclave. Because there are no community amenities identified from current MLS listings, you are buying the lot and the structure — there is no HOA package or shared facility built into the value, which keeps carrying costs simple and puts the spotlight on the home's own condition.

The 8-day median days-on-market tells you demand is present and inventory turns fast, but the 3-closing window is a real caveat. That's a small sample, so a single unusual sale can swing the median. Treat the number as a starting reference and lean on a current, home-specific comp pull before you write or accept an offer.

The location and the amenities are priced into every listing in Port Malabar Country Club Unit 5 1St. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a fast market built on thin closing data, the median only gets you in the room — the pricing decision comes from reading each home's condition against the handful of recent sales. We do that comp work listing by listing, so buyers don't overpay in an 8-day environment and sellers don't leave money on the table by anchoring to the wrong number.

Port Malabar Country Club Unit 5 1St in 15 seconds.

Best forBuyers wanting an entry-priced single-family home in Palm Bay without HOA amenity costs.
Biggest advantageSimple carrying profile — no identified amenities and a low relative median.
Biggest riskA thin sample of only 3 closings makes the median a rough guide.
Sweet spotA move-in-ready home priced to the current comps in a fast-moving market.
Avoid ifYou need resort-style amenities or a gated, club-style community.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Port Malabar Country Club Unit 5 1St sales matched to your home.

What is your Port Malabar Country Club Unit 5 1St home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Port Malabar Country Club Unit 5 1St?
The median sale price in Port Malabar Country Club Unit 5 1St was $170K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Port Malabar Country Club Unit 5 1St take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 8 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Port Malabar Country Club Unit 5 1St?
The best agent for Port Malabar Country Club Unit 5 1St is one who actively works Palm Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Port Malabar Country Club Unit 5 1St.
How do I find a top Palm Bay real estate agent who knows Port Malabar Country Club Unit 5 1St?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Port Malabar Country Club Unit 5 1St and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar Country Club Unit 5 1St?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar Country Club Unit 5 1St purchase or sale - no call center and no pressure.
First-time buyers targeting a lower-median price point in Brevard CountyExcellent fit
Renovation-minded buyers willing to trade condition for a lower entry priceExcellent fit
Investors seeking a straightforward single-family hold with no HOA amenity overheadExcellent fit
Buyers who want a gated community with a clubhouse, pool, or shared facilitiesProbably not
Buyers who need a large, deep pool of recent comps before committingProbably not
Buyers who can't move quickly in a market where homes go under contract in roughly a weekProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (67 transactions analyzed)

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.

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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 your area comps.

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