Port Malabar
Homes for Sale in Palm Bay, FL

All 1,168 homes for sale in Palm Bay, FL · median $342,995 · 197 homes for sale in 32905 · Brevard County homes for sale

Community in Palm Bay · Brevard County · ZIP 32905
273 homesBuilt 1959–2005
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Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 53 closed sales in Port Malabar Unit 1 Replat Of Pt Of in Palm Bay, FL since 2004, the most recent in November 2025. Recorded prices since 2024 ran from $230,000 to $385,000 (median $350,000), on homes of 1,092 to 1,989 sq ft. Across Palm Bay as a whole, 398 homes closed in the last 12 months at a median of $318,325, 53 median days on market, with 179 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,460 ($4,840 with the full homestead exemption).

Port Malabar Unit 1 Replat Of Pt Of key facts
LocationPalm Bay, Brevard County, FL · ZIP 32905, 32907, 32909
Homes in the community273 (FL DOR 2025 assessment roll)
Years built1959–2005 (median 1972)
Typical living area1,819 sq ft (median)
Owner-occupied (homestead) share64%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Port Malabar Unit 1 Replat Of Pt Of key facts,” movewithmomentum.com/neighborhoods/port-malabar-unit-1-replat-of-pt-of, data as of September 20, 2026.

Live · Port Malabar Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
64%
Owner-occupied · Port Malabar
175 of 274 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Port Malabar
incl. 7% trust or LLC-held · 7% out-of-state
273
Homes in the community
plus 1 vacant residential lots · 274 residential parcels (FL DOR 2025)
Track record · 22 years of records
18
Recorded sales · 2024-2025
median $269K · qualified sales on the county roll (FL DOR 2025)
Est. 1959
Community established
homes built 1959-2005, median 1972 (FL DOR 2025)
0.4%/yr
Turnover rate
about 1 of 273 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small pocket of Palm Bay in Brevard County, and with only a thin trickle of closings in the current window, price here is set less by a broad market trend than by the condition and specifics of whatever few homes happen to be trading. There is no active amenity structure to prop up value, so what a buyer pays tracks closely to the house itself — lot, updates, and seller motivation — rather than to any community premium.

For sellers, that means pricing to your home's actual condition, not to a headline number, because thin activity makes each comp carry outsized weight. For buyers, the posture is patient and negotiation-driven: with limited inventory moving, you may wait for the right house, but you also have room to hold firm on condition-based value when it appears.

Nearby homes for sale

No active listings inside Port MalabarHomes for Sale in Palm Bay, FL 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.

1109 Cabot Drive
$280K · 0.2 mi away
3 bd · 2 ba · 1,542 sqft
1109 Cabot Drive
Listed by Real Broker, LLC
1064 Cabot Drive
$281K · 0.2 mi away
3 bd · 2 ba · 1,831 sqft
1064 Cabot Drive
Listed by Florida East Coast Real Estate
3132 Indian River Drive
$155K · 0.2 mi away
3 bd · 2 ba · 1,296 sqft
3132 Indian River Drive
Listed by LoKation
969 Burn Drive
$200K · 0.2 mi away
3 bd · 2 ba · 1,166 sqft
969 Burn Drive
Listed by ITG Realty
1493 Turkey Creek Drive
$240K · 0.2 mi away
3 bd · 2 ba · 1,581 sqft
1493 Turkey Creek Drive
Listed by A & E Realty Brevard
940 Bacon Circle
$260K · 0.3 mi away
3 bd · 2 ba · 1,504 sqft
940 Bacon Circle
Listed by Young & Young Properties

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

A modest residential enclave within Palm Bay where the housing stock, not shared amenities, defines value; expect a location-and-condition story rather than a lifestyle-package one.

Space Coast MLS sales records identify 24,294 homes in Port Malabar that have changed hands since 2004, built between 1900 and 2026 (median 1993), with a median living area of about 1,597 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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 18 qualified sales in Port Malabar across 2024–2025 (13 in 2024, 5 in 2025), median $269,000 — 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.

Best for

  • Buyers prioritizing the individual home and lot over community features
  • Value-focused buyers willing to be patient and negotiate on condition
  • Owner-occupants who want low, HOA-amenity-free carrying costs

Probably not for

  • Buyers who want pools, clubhouses, or gated-community amenities
  • Shoppers needing a large, fast-moving pool of listings to compare
  • Anyone wanting a precise, high-confidence price benchmark from heavy sales volume

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, 266 homes are on the market and 23% are under contract — a steady corner of Palm Bay.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

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.

ZIP and county figures describe the wider market, not Port Malabar specifically. Momentum Research analysis of MLS records.

If we were buying in Port Malabar 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.

Best Buy
Buyers who want a Palm Bay home judged on its own condition, not a resort-style package.
Biggest Risk
Thin closing activity makes pricing harder to pin down precisely.
Sweet Spot
A well-maintained or updated house bought on condition-based value.
Avoid If
You need shared amenities or a deep, fast-moving inventory to choose from.

A condition-driven corner of Palm Bay

With no community amenities identified from current MLS listings, this is a straightforward for-sale-by-house market. There is no HOA amenity layer to explain here, which keeps carrying costs simple but also means the neighborhood does the location work while the individual property does the rest.

Because the closings window is short and activity is light, treat any single sale as a data point rather than a rule. The practical read is to underwrite each home on its own merits — age, updates, lot — and to lean on qualitative comparison over precise price benchmarking, since there simply isn't enough volume to draw a tight line.

“

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.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin, condition-driven markets are where local reads matter most. We won't hand you an inflated automated number; we'll walk the actual houses, weigh the few real comparables honestly, and tell you plainly when a listing is priced to its condition and when it isn't.

Port Malabar in 15 seconds.

Best forBuyers who want a Palm Bay home judged on its own condition, not a resort-style package.
Biggest advantageSimple carrying picture with no amenity overhead identified.
Biggest riskThin closing activity makes pricing harder to pin down precisely.
Sweet spotA well-maintained or updated house bought on condition-based value.
Avoid ifYou need shared amenities or a deep, fast-moving inventory to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Port Malabar homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Port Malabar.
In short
  • 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.

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 sales matched to your home.

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.

See all homes for sale in Palm Bay →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Port Malabar?
The Florida DOR 2025 assessment roll shows 273 homes plus 1 vacant residential lots in Port Malabar (public records).
What share of Port Malabar is owner-occupied?
64% of Port Malabar parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Port Malabar built?
Homes in Port Malabar were built between 1959 and 2005, with a median year built of 1972 (FL DOR 2025 roll).
Who is the best real estate agent for Port Malabar?
The best agent for Port Malabar 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.
How do I find a top Palm Bay real estate agent who knows Port Malabar?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Port Malabar and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar purchase or sale - no call center and no pressure.
Where is Port Malabar, and what county is it in?
Port Malabar is in Palm Bay, Brevard County, FL, ZIP codes 32905, 32907, 32909. The community's center is about 5 miles east of the center of Palm Bay (straight-line).
Buyers prioritizing the individual home and lot over community featuresExcellent fit
Value-focused buyers willing to be patient and negotiate on conditionExcellent fit
Owner-occupants who want low, HOA-amenity-free carrying costsExcellent fit
Buyers who want pools, clubhouses, or gated-community amenitiesProbably not
Shoppers needing a large, fast-moving pool of listings to compareProbably not
Anyone wanting a precise, high-confidence price benchmark from heavy sales volumeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32905/32907/32909))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (53 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?

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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CallFree valuation →
Thinking of selling in Port Malabar Unit 1 Replat Of Pt Of? 1 recorded closings (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Port Malabar with Momentum Realty’s local guides.

PMPort Malabar0.0 mi away · median $348K, 89 sales/12 mo

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