Port Malabar
Homes for Sale in Palm Bay, FL
All 1,189 homes for sale in Palm Bay, FL · median $342,990 · 188 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
Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $242,500, $167 per square foot, a median 36 days on market, sellers accepting 93% of original asking. 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). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,780 ($3,160 with the full homestead exemption).
Last 30 days in Port Malabar: 1 closed sale (median $255,000). As of October 20, 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.
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.
The 60-Second Overview
Port Malabar market snapshot (as of September 20, 2026): the median sale price is about $242K ($167 per sq ft over the trailing 12 months of closed sales), and a median 36 days on market for closed sales.
In ZIP 32905 (Palm Bay), 2,169 homes closed in the last 12 months at a median of $319K ($189/sq ft), down 1.8% year over year, with a median 51 days on market. Right now 101 active and 29 pending listings put supply at about 4.7 months — a balanced market. See the live ZIP 32905 housing market and the Brevard County market.
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.
Port Malabar is a community of 96 homes in Palm Bay, Brevard County, built between 1959 and 1973 (median 1972.0), with a median living area of about 1,700 square feet. 66% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
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.
The setting & the homes.
Aerial and on-site photos of Port Malabar. Swipe to explore the community.
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Port Malabar
Port Malabar
Port Malabar
Port MalabarPhotos 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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($242K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (4 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 2005 through 2026. Deemed reliable but not guaranteed.
23% of homes for sale in ZIP 32905 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 (2026-09-20).
Port Malabar Market Scorecard
Port Malabar is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
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.
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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, 2026-10-20). |
|---|---|
| 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. |
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
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, 32907 |
|---|---|
| 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 |
| Sale prices, last 12 months | $242,500 median across 4 closed sales · $167 per sq ft |
| Days on market (closed sales) | 36 median |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 66% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 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 September 20, 2026.
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Palm Bay guides & data
- Market 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 property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Frequently Asked Questions
What is the median home price in Port Malabar?
How long do homes in Port Malabar take to sell?
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?
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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: October 19, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32905/32907)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (26 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.
Own a home here?
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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 local comps.
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