Port Malabar
Homes for Sale in Palm Bay, FL
All 1,176 homes for sale in Palm Bay, FL · median $340,000 · 192 homes for sale in 32905 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Homes listed or recently sold were built 1972–1973; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). As of November 2026, the MLS records 1 closed sale in Port Malabar Unit 1 4Th in Palm Bay, FL, the most recent in September 2026. Across Palm Bay as a whole, 4,617 homes closed in the last 12 months at a median of $318,325, 51 median days on market, with 1,247 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,970 ($4,340 with the full homestead exemption).

This is a price-per-foot story more than a price-tag story. With a median around $242,500 and a median near $167 a square foot, what you pay here tracks closely to condition and size rather than any single premium feature. There are no community amenities identified in the current listings, so the pricing reflects the houses themselves and the Palm Bay location, not shared facilities.
At a median of 36 days on market, this is a moderate-pace segment — not a bidding-war footing, not a stall. Sellers who price to the comps and present a clean, move-in-ready home should transact in a reasonable window; those who overreach on condition-adjusted value will sit. Buyers have room to underwrite carefully and inspect without the pressure of an overheated market.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Port Malabar right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Port Malabar Unit 1 4Th is a residential pocket of Palm Bay in Brevard County where value is driven by the individual home. With no shared amenities in the current MLS data, expect pricing to hinge on square footage, condition, and lot.
Space Coast MLS sales records identify 1,883 homes in Port Malabar that have changed hands since 2004, built between 1942 and 2025 (median 1972), with a median living area of about 1,264 sq ft and a typical 3-bedroom, 2-bath layout; 99% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 4 qualified sales in Port Malabar across 2024–2025 (3 in 2024, 1 in 2025), median $278,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Port Malabar. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Space Coast MLS listings in Port Malabar; content deemed reliable but not guaranteed.
Who Port Malabar is best for.
Best for
- Buyers with a budget near the mid-$240s looking for a move-in-ready single-family home in Palm Bay
- Value-minded buyers open to a project home who will price the condition gap into their offer
- Sellers with a clean, updated home willing to price to condition-adjusted comps
Probably not for
- Buyers who want resort-style or shared community amenities
- Buyers needing a guaranteed fast sale or a precise price floor from deep comp data
- Sellers expecting an amenity or neighborhood premium beyond what the house itself supports
The market around Port Malabar
Port Malabar is too small for its own price trend, so here is the market around it.
In ZIP 32905, 251 homes are on the market and 23% are under contract — a steady corner of Palm Bay.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
In ZIP 32905 (Palm Bay), 715 homes closed in the last 12 months at a median of $320K ($193/sq ft), with a median 38 days on market. Right now 49 active and 18 pending listings. See the live ZIP 32905 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Port Malabar specifically. Momentum Research analysis of MLS records.
Port Malabar 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 contributors.
The Port Malabar buying strategy.
If we were buying in Port Malabar 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 Port Malabar.
What the numbers actually tell you
The median price sits at $242,500 with a median around $166.57 per square foot. Read those together: this is a market where a larger or updated home commands more not because of a neighborhood premium but because you are buying more finished space. Because we only have the median to work from, treat the spread above and below it as condition-driven — a renovated house and a project house can look very different at closing, and neither shows up as a separate published number.
The closings sample here is thin — four in the window — so lean on the median as a directional guide rather than a precise floor or ceiling. Combined with a 36-day median on market, the takeaway is a functioning, unhurried segment. Comps matter, and a single unusual sale can move the picture, so pricing and offers should be built on the specific house, not the headline stat.
The location and the amenities are priced into every listing in Port Malabar. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small-sample market like this one, the median only gets you so far. We underwrite the individual home — condition, square footage, lot — against the handful of relevant closings so you are not anchored to a number that may not match the property in front of you. For sellers, that means pricing to the comps and the finish level; for buyers, it means a defensible offer and clear-eyed inspection expectations.
Port Malabar in 15 seconds.
Tools for a Port Malabar 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 Port Malabar sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Port Malabar, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Port Malabar home worth?
Get a no-obligation home value based on real comparable sales in Port Malabar, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Port Malabar Unit 1 4Th
Homes in Port Malabar Unit 1 4Th 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. 1 on record.
- 940 Bacon Circle · off market
| Location | Palm Bay, Brevard County, FL · ZIP 32905 |
|---|---|
| Homes in the community | 96 (FL DOR 2025 assessment roll) |
| Years built | 1959–1973 (median 1972.0) |
| Typical living area | 1,700 sq ft (median) |
| Amenities listed by sellers | Fishing, Restaurant |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 66% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Port Malabar key facts,” movewithmomentum.com/neighborhoods/port-malabar-unit-1-4th, data as of November 8, 2026.
Housing distress & ownership in Port Malabar Unit 1 4Th, Palm Bay
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.
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Palm Bay guides & data
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- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
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Florida buyer guides
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- Florida flood insurance calculator
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Ask an agent about Port Malabar
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Port Malabar will answer, and the answer is published on this page for the next buyer.
What it really costs to own in Port Malabar
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,719/yr across 4 listings here (MLS tax records, 2026-11-12). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1972 across 4 listings. An original roof here would be about 54 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Frequently Asked Questions
How many homes are in Port Malabar?
What share of Port Malabar is owner-occupied?
When were the homes in Port Malabar built?
Who is the best real estate agent for Port Malabar?
How do I find a top Palm Bay real estate agent who knows Port Malabar?
Can Momentum Realty connect me with an agent for Port Malabar?
Where is Port Malabar, and what county is it in?
Should you buy in Port Malabar?
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: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32905)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (1 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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See how Port Malabar Unit 1 4Th fits the bigger picture — live prices, inventory, and Momentum Scores:









