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.
Market Heat
Photo via Space Coast MLS
As of September 2026, Port Malabar Unit 5 1St in Palm Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $277,000, $189 per square foot, a median 23 days on market, sellers accepting 100% of original asking (+12% versus the prior year). Homes listed or recently sold were built 1979–2006. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,320 ($3,700 with the full homestead exemption).
Part of Port Malabar 1st, Palm Bay, FL — see all Port Malabar 1st homes for sale (5 listings across 5 sections in the MLS).
| Location | Palm Bay, Brevard County, FL · ZIP 32905 |
|---|---|
| Homes in the community | 313 (FL DOR 2025 assessment roll) |
| Years built | 1959–2023 (median 1979) |
| Typical living area | 1,968 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Sale prices, last 12 months | $277,000 median across 5 closed sales · $189 per sq ft · +12.2% vs the prior 12 months |
| Days on market (closed sales) | 23 median |
| For sale right now | 1 active, 0 pending · median asking $240,000 · 2.4 months of supply |
| Owner-occupied (homestead) share | 60% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 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 5 1St key facts,” movewithmomentum.com/neighborhoods/port-malabar-unit-5-1st, data as of September 20, 2026.
In Port Malabar Unit 5 1St, price is driven less by the community itself and more by the individual home. There are no identified shared amenities pulling values up or down, so what you pay tracks condition, updates, and square footage. The median sits at $277,000, or about $189 per square foot, and the spread around that number is condition-driven rather than location-driven within the neighborhood.
The current posture is firm but not frantic. A market heat score of 61 and a median 23 days on market say homes that are priced right and shown well move in under a month. Sellers have leverage; buyers have room to be selective but not to stall. With year-over-year up 12.2%, waiting has carried a real cost recently, though past movement is not a promise of future movement.
Port Malabar right now
🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: Medium (1 active and pending listings, 5 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($277K) is up 12.2% from the prior 12 months ($247K) and up 305% since 2012. With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (5 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 22, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Port Malabar market snapshot (as of September 20, 2026): the median sale price is about $277K ($189 per sq ft over the trailing 12 months of closed sales), a median 23 days on market for closed sales, and 2.4 months of supply, a seller-leaning market. The trailing-12-month median is up 12% from the prior 12 months and up 305% since 2012, computed from record-level Space Coast MLS closed sales (5 closings in the current window).
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 22 qualified sales in Port Malabar across 2024–2025 (15 in 2024, 7 in 2025), median $280,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Port Malabar is a community of 313 homes in Palm Bay, Brevard County, built between 1959 and 2023 (median 1979), with a median living area of about 1,968 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a straightforward Palm Bay residential pocket in Brevard County with no shared amenities identified in current listings, which keeps the buying decision focused squarely on the individual house and lot.
The setting & the homes.
Aerial and on-site photos of Port Malabar. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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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 targeting the mid-$200s who value the home itself over shared amenities
- Buyers ready to move decisively in a market that clears in about 23 days
- Renovation-minded buyers who can capture value by improving a dated property's condition
Probably not for
- Buyers who require community amenities like a pool, clubhouse, or gated access
- Buyers expecting to negotiate slowly in a market this firm
- Buyers banking on the past decade's appreciation rate continuing
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 ($277K) IS the median in the snapshot above, and the move from 2025 ($247K) IS the +12.2% one-year change.
Windows contain 0 to 8 sales each (5 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 2004 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 (2026-09-21).
Port Malabar Market Scorecard
Port Malabar is currently a seller-leaning market. About 2.4 months of supply, a median asking price of $240,000.
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.
Homes For Sale Right Now in Port Malabar
Live MLS inventory for Port Malabar. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Port Malabar listings as of 2026-09-21, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.
Every Home for Sale in Port Malabar Unit 5 1St Right Now (1)
All 1 active and pending Port Malabar Unit 5 1St listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1294 Port Malabar Boulevard · $240,000 · 3 bd / 2 ba · listed Jun 23, 2026 · listed by EXP Realty, LLC
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, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Port Malabar · Elementary
- Stone · Middle
- Palm Bay · High
Zoned schools reflect the assignments reported on recent Port Malabar listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Port Malabar address.
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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 actually moves value here
The long arc is the headline: values are up 715% since 2012. That is a dramatic climb over more than a decade, and it frames why the area draws attention. But a number like that reflects where the market has been, not a guarantee of where it goes next, and anyone buying today should underwrite on current fundamentals, not the rearview mirror.
Because there are no amenities to differentiate one home from another, condition and finish do the heavy lifting. At roughly $189 per square foot against a $277,000 median, an updated, well-presented home can justify the top of the range while a dated one will sit. The 23-day median absorption tells you the market rewards realistic pricing and punishes wishful pricing quickly.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Port Malabar buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (8.5). Basis: Long-Term Appreciation +305% since 2012; Recent Direction +12.2% year-over-year; Liquidity & Demand 2.4 months of supply; Owner Commitment 60% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where condition sets price and there is no amenity story to lean on, pricing and presentation are the whole game. We read the current data honestly, position your home against what is actually selling, and tell buyers when a house is priced for its condition and when it is not. With a median under a month on market, the cost of a mispriced first two weeks is real, and we plan for that from day one.
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
What is the median home price in Port Malabar?
How long do homes in Port Malabar take to sell?
Is Port Malabar a buyer's or seller's market right now?
How many homes are in Port Malabar?
What share of Port Malabar is owner-occupied?
When were the homes in Port Malabar built?
Have Port Malabar home prices gone up?
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?
Is Port Malabar a good place to live?
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: September 21, 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 (5 streets, ZIP 32905)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (119 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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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 5 1St fits the bigger picture — live prices, inventory, and Momentum Scores:
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