Port Malabar
Homes for Sale in Palm Bay, FL
All 1,171 homes for sale in Palm Bay, FL · median $344,990 · 203 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 14 closed sales in Port Malabar Unit 3 2Nd in Palm Bay, FL since 2005, the most recent in September 2025. 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 | 54 (FL DOR 2025 assessment roll) |
| Years built | 1960–2013 (median 1961.0) |
| Typical living area | 1,560 sq ft (median) |
| Owner-occupied (homestead) share | 64% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 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 3 2Nd key facts,” movewithmomentum.com/neighborhoods/port-malabar-unit-3-2nd, data as of September 20, 2026.
Port Malabar Unit 3 2Nd is a Palm Bay pocket where price is set almost entirely by the individual home — its condition, updates, and lot — rather than by any shared amenity or community premium. With no clubhouse, gate, or HOA-driven perks identified in the current listings, the market reads house-by-house, and the spread between a tired original property and a renovated one can be wide.
The listing pool here is thin, so a single closing carries outsized weight and one dated comp can distort what a home looks like it should sell for. For sellers, that means condition and presentation do most of the work; for buyers, it means slowing down, pulling the full history on a specific street, and not treating one number as the market.
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
This is a straightforward Palm Bay residential grid in Brevard County with no identified community amenities — you are buying the house and the location, not a lifestyle package.
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 6 qualified sales in Port Malabar across 2024–2025 (3 in 2024, 3 in 2025), median $226,000 — 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 comfortable evaluating a home on its own condition rather than community perks
- Renovation-minded buyers looking to add value through updates
- Sellers willing to invest in presentation to stand out in a thin listing pool
Probably not for
- Buyers who want gated or amenity-rich community living
- Buyers who need a deep pool of recent comps to feel confident on price
- Buyers unwilling to take on a property that may need updating
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-driven submarket
Because there are no amenities to underwrite value, everything comes back to the property itself: roof and system age, whether the kitchen and baths have been touched, the lot, and how the home shows on the day it lists. Two homes on the same block can price very differently, and that gap is condition, not neighborhood.
Inventory and closing volume are light in this pocket, which cuts both ways. Well-prepared listings can stand out with less competition, but limited recent activity makes pricing more of a judgment call than a formula. Get the comps right and be prepared to defend your number.
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 thin, condition-driven pocket like this, the value is in reading the individual property correctly and building a defensible price when there are few recent comps to lean on. We work Palm Bay and Brevard closely enough to tell you when a listing is genuinely priced to its condition and when a number is being propped up by one stale sale.
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.
See all homes for sale in Palm Bay →
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 (14 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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Port Malabar Unit 3 2Nd fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Port Malabar with Momentum Realty’s local guides.