Port Malabar
Homes for Sale in Palm Bay, FL

All 1,176 homes for sale in Palm Bay, FL · median $340,000 · Brevard County homes for sale

Community in Palm Bay · Brevard County
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Built fromLive Space Coast MLS dataUpdated twice daily

Port Malabar Unit 2 Subd Of is a community in Palm Bay, Brevard County, FL. 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).

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 18, 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.

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.

1064 Cabot Drive
$281K · 0.1 mi away
3 bd · 2 ba · 1,831 sqft
1064 Cabot Drive
Listed by Florida East Coast Real Estate
1109 Cabot Drive
$280K · 0.1 mi away
3 bd · 2 ba · 1,542 sqft
1109 Cabot Drive
Listed by Real Broker, LLC
3000 Garden Terrace
$185K · 0.1 mi away
3 bd · 1 ba · 1,031 sqft
3000 Garden Terrace
Listed by Realty World Curri Properties
2996 Garden Terrace
$300K · 0.2 mi away
4 bd · 2 ba · 1,780 sqft
2996 Garden Terrace
Listed by AMQ Real Estate, LLC
990 Darwin Lane
$260K · 0.2 mi away
3 bd · 2 ba · 1,142 sqft
990 Darwin Lane
Listed by Waterman Real Estate Inc.
1135 Cable Lane
$180K · 0.2 mi away
2 bd · 2 ba · 1,632 sqft
1135 Cable Lane
Listed by Real Broker, LLC

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.

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 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.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

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 house-first purchase in Palm Bay without paying into amenities.
Biggest Risk
Thin recent transaction data makes pricing an argument, not a lookup.
Sweet Spot
A solid, updated home on a lot you've verified street by street.
Avoid If
You want community amenities or a deep comp set to lean on.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a house-first purchase in Palm Bay without paying into amenities.
Biggest advantageValue is driven by the property itself, so updates and condition are yours to leverage.
Biggest riskThin recent transaction data makes pricing an argument, not a lookup.
Sweet spotA solid, updated home on a lot you've verified street by street.
Avoid ifYou want community amenities or a deep comp set to lean on.
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.

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Real comps, not an automated estimate.
Buyers focused on the home and lot rather than a shared amenity packageExcellent fit
Value-minded buyers willing to price a home on its condition and updatesExcellent fit
Investors or renovators who can judge a property on its own meritsExcellent fit
Buyers who want a pool, clubhouse, or gated-community amenitiesProbably not
Buyers who need a deep set of recent comps before committingProbably not
Buyers unwilling to verify the specifics of an individual street and addressProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-11-08

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. A Momentum agent can price yours against live local comps.

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Nearby Communities

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

PMPort Malabar0.0 mi away · 54 homes, built 1960–13Fairhaven0.5 mi away · 40 homes, built 1960–24, 1 for saleHSHighland Shores Estates0.6 mi awayHSHighland Shores0.6 mi away · 81 homes, built 1957–07PMPort Malabar0.6 mi away · 96 homes, built 1959–73

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