Port Malabar Unit 55
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
Median sale $258K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Port Malabar Unit 55 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$258K
Median sold · 12 mo
$188/sf
Sold $/sqft · 12 mo
peak $219 in 2024
97.2%
Sale vs ask
Brevard median: 96.2%
+344%
T12M median vs 2012
from a $58K median in 2012
Tempo
31days
Median DOM · closed
4 days at the 2022 low
6
Sold · last 12 mo
10-yr average: about 10 a year
Track record · 22 years of records
1,370sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in this pocket of Palm Bay is driven far more by the individual home than by the address. With a median around $257,500 and a median of roughly $188 per square foot, what you pay tracks condition, lot, and finish more than any community premium. There are no identified shared amenities pulling values up or down, so you are buying the house itself.

The posture right now is balanced-to-brisk. A median of about 31 days on market means well-priced, move-in-ready homes clear in roughly a month, while anything overpriced or needing work will sit. For sellers, that rewards realistic pricing and prep. For buyers, it means you have time to inspect but not to dawdle on the sharp listings.

The 60-Second Overview

Port Malabar Unit 55 market snapshot (as of July 15, 2026): the median sale price is about $258K ($188 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales.

This is a single-family residential grid in Palm Bay with no identified community amenities in current listings, which keeps value tied to the individual property rather than shared features.

Best for

  • Buyers targeting a home near the mid-$250s who want their dollars in the house, not in dues
  • Renovation-minded buyers comfortable pricing off condition and the ~$188 per square foot median
  • Sellers willing to prep and price realistically to capture the roughly 31-day pace

Probably not for

  • Buyers who require an amenity-rich, master-planned setting
  • Buyers who need a wide selection of active listings to compare in a short window
  • Sellers expecting a premium above comparable, condition-matched recent sales

Windows contain 2 to 18 sales each (6 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$100K$200K$300K1k2k2k2k
235 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $45 in 2012 to a $219 peak in 2024; $188 now.
Median days on market · closed sales
020406020122014201620182020202220242026
4 days at the 2022 low; 31 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
97.2% now vs Brevard 96.2%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
2 to 18 a year; 6 in the current window.
Indexed since 2012 · Port Malabar Unit 55 vs Brevard
200400Brevard +273%Port Malabar Unit 55 +344%20122014201620182020202220242026
Same Space Coast MLS record, indexed to 100 at 2012.

If we were buying in Port Malabar Unit 55 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 Unit 55.

Best Buy
Buyers who want a single-family home in Palm Bay without amenity fees baked into the price.
Biggest Risk
A thin six-closing window makes any one sale a noisy comp.
Sweet Spot
A move-in-ready home priced to the median that reflects real square-foot value.
Avoid If
You need shared amenities like a pool, gym, or clubhouse.

A house-by-house market

Because there are no amenities pulling in a common baseline, the spread here is condition-driven. Two homes at similar square footage can price very differently depending on updates, roof and systems age, and lot. Lean on the median of roughly $188 per square foot as a sanity check, then adjust for what your eyes tell you about the specific property.

Read the closings carefully. The recent window is thin at six closings, so any single sale can swing an average. Treat the median price near $257,500 as the center of gravity, not a guarantee for a particular street or floor plan, and price against genuinely comparable, recent sales.

The location and the amenities are priced into every listing in Port Malabar Unit 55. 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 house-by-house market with a thin closing count, comp selection is everything. We anchor to the real median, weigh condition and lot honestly, and keep you from over-reading a single outlier sale. On a roughly 31-day pace, that discipline is what separates a clean, timely deal from a listing that lingers or an offer that overpays.

Port Malabar Unit 55 in 15 seconds.

Best forBuyers who want a single-family home in Palm Bay without amenity fees baked into the price.
Biggest advantageValue is condition-driven, so sweat equity and smart shopping actually move the needle.
Biggest riskA thin six-closing window makes any one sale a noisy comp.
Sweet spotA move-in-ready home priced to the median that reflects real square-foot value.
Avoid ifYou need shared amenities like a pool, gym, or clubhouse.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Unit 55 sales matched to your home.

What is your Port Malabar Unit 55 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Port Malabar Unit 55?
The median sale price in Port Malabar Unit 55 was $258K over the 12 months ending July 15, 2026 (6 closed sales, Space Coast MLS).
How long do homes in Port Malabar Unit 55 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 31 days on market (6 sales, Space Coast MLS).
Have Port Malabar Unit 55 home prices gone up?
The trailing-12-month median is up 344% since 2012, from $58K to $258K (Space Coast MLS closed records).
Who is the best real estate agent for Port Malabar Unit 55?
The best agent for Port Malabar Unit 55 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 Unit 55.
How do I find a top Palm Bay real estate agent who knows Port Malabar Unit 55?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Port Malabar Unit 55 and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar Unit 55?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar Unit 55 purchase or sale - no call center and no pressure.
Buyers targeting a home near the mid-$250s who want their dollars in the house, not in duesExcellent fit
Renovation-minded buyers comfortable pricing off condition and the ~$188 per square foot medianExcellent fit
Sellers willing to prep and price realistically to capture the roughly 31-day paceExcellent fit
Buyers who require an amenity-rich, master-planned settingProbably not
Buyers who need a wide selection of active listings to compare in a short windowProbably not
Sellers expecting a premium above comparable, condition-matched recent salesProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (235 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 your area comps.

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