Port Malabar
Homes for Sale in Palm Bay, FL
All 1,154 homes for sale in Palm Bay, FL · median $342,995 · 208 homes for sale in 32905 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 27 closed sales in Port Malabar Unit 2 Subd Of in Palm Bay, FL since 2005, the most recent in March 2026. 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 $4,970 ($4,340 with the full homestead exemption).
| Location | Palm Bay, Brevard County, FL · ZIP 32905 |
|---|---|
| Homes in the community | 234 (FL DOR 2025 assessment roll) |
| Years built | 1959–2013 (median 1972.0) |
| Typical living area | 1,934 sq ft (median) |
| Owner-occupied (homestead) share | 59% |
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 Unit 2 Subd Of key facts,” movewithmomentum.com/neighborhoods/port-malabar-unit-2-subd-of, data as of September 20, 2026.
This is a platted Port Malabar section in Palm Bay, and with no amenities identified from current MLS listings, price here is driven by the house itself — lot, condition, size, and updates — not by any community package you're paying into. There's nothing structural inflating or supporting values, which means condition does the heavy lifting.
The current snapshot is thin: we're working from a single closing window as of mid-2026, so there isn't enough recent transaction volume to call a firm trend. For a buyer, that means each listing has to be judged on its own merits rather than against a deep comp set. For a seller, it means pricing is an argument you make with condition and a defensible comp, not a number the market hands you.
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.
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 2 is a straightforward Palm Bay subdivision without identified community amenities, so what you buy is the home and the lot — the value case rises and falls on the property itself.
Space Coast MLS sales records identify 1,857 homes in Port Malabar that have changed hands since 2004, built between 1942 and 2025 (median 1972), with a median living area of about 1,260 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 18 qualified sales in Port Malabar across 2024–2025 (11 in 2024, 7 in 2025), median $250,000 — 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.
Who Port Malabar is best for.
Best for
- Buyers focused on the home and lot rather than a shared amenity package
- Value-minded buyers willing to price a home on its condition and updates
- Investors or renovators who can judge a property on its own merits
Probably not for
- Buyers who want a pool, clubhouse, or gated-community amenities
- Buyers who need a deep set of recent comps before committing
- Buyers unwilling to verify the specifics of an individual street and address
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.
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.
A house-first section, not an amenity play
With no amenities surfacing from current listings, there are no HOA-backed features carrying value here — no pool, no clubhouse, no gated entry doing the selling for you. That tends to keep the calculus simple: you're evaluating square footage, lot, systems, and how much work the home needs. The spread between a tired house and an updated one can be wide, and it's condition, not location branding, that explains it.
Because Palm Bay is a large, heavily platted city, sub-section boundaries matter less to a buyer than the specific street and the specific home. Treat the community name as a mailing label and the property as the asset. Verify what's near a given address — roads, services, schools as a location fact — rather than assuming the subdivision confers anything on its own.
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 section this thin on recent data and light on amenities, the value comes from disciplined comp work and an honest read on condition — not from a story about the neighborhood. We'll tell you when a listing is priced on hope rather than a defensible comp, and we'll help a seller build the condition-and-comp argument that actually holds up at the closing table.
Port Malabar in 15 seconds.
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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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
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32905)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (27 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.
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See how Port Malabar Unit 2 Subd Of fits the bigger picture — live prices, inventory, and Momentum Scores:
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