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Malabar

Malabar

Located in Brevard County

$591,276 Average Value
$235 Average Price per Sq Ft
1 Home For Sale

Dolphins to the east and chickens to the west

In Malabar, it’s not uncommon to spot dolphin pods leaping in and out of the Indian River, and alligators live amongst the mangrove trees at Turkey Creek Sanctuary. East of Palm Bay on Florida’s Space Coast, there’s still plenty of farmland in Malabar. “A lot of people keep chickens or goats in their backyards, and some even own horses” says Lauren Merrell, a Space Coast local and Realtor with a specialty in luxury homes. “It’s one of those towns where everyone knows everyone,” she adds. Although there’s no commercial center in Malabar, residents will find a small town hall on Malabar Road. Retail centers in downtown Palm Bay are just a few miles to the west, and Melbourne offers arts and culture opportunities up north. With the exception of squawking chickens and the hum of passing motorboats, life here is quiet.

Ranch-styles and waterfront estates

“Malabar is a collection of farms and larger home sites,” says Merrell. Buyers will find manufactured homes starting at $200,000 and 1980s-era ranch-styles for between $300,000 and $600,000 depending on square footage. Luxury estates with views of the Indian River, many of which have stucco exteriors and Mediterranean-inspired tiled roofs, sometimes sell for upwards of $1 million. Buyers can also build their dream homes on undeveloped lots. For instance, in gated communities like Oakmont Preserve, an acre of land can sell for close to $200,000.

A luxury style house with pond view with a large acreage of real estate in Malabar, Fl.
A luxury style house with pond view with a large acreage of real estate in Malabar, Fl.
A spacious, Victorian style farm home in a quiet neighborhood of Malabar.
A spacious, Victorian style farm home in a quiet neighborhood of Malabar.
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Specialized STEAM interests at Palm Bay Magnet High School

Malabar students are incorporated into the Brevard Public School System and, depending on their address, can attend Port Malabar Elementary, Stone Magnet Middle School and Palm Bay Magnet High School, all of which received a B-minus or higher from the educational review site, Niche. At Stone Magnet Middle and Palm Bay Magnet High, students explore specialized interests in STEAM fields. Some high schoolers even enroll in college-level courses at the Florida Institute of Technology (FIT) in Melbourne, and the PBMHS robotics team has competed in the VEX Robotics World Championship.

Fried seafood and water views along U.S. Highway 1

A short drive away from Malabar’s equestrian properties and backyard chicken coops is the larger city of Palm Bay and a surplus of shopping and dining destinations. Up U.S. Highway 1 residents will find the Shack Riverfront Restaurant & Outback Tiki Bar. Sit by the river, listen to live music and enjoy a crabby patty with a side of fries. Or head down to the Old Fish House Bar and Grill, the site of a historic Brevard County fish processing center. The restaurant has managed to preserve its old Florida charm, and locals know to order the fried green tomatoes.

For groceries and household necessities, head a few miles west to Publix supermarket or Walmart Supercenter at the Shoppes of Palm Bay — make sure to stop by Twisty Cone on the way for some soft serve. “Twisty Cone hasn’t changed much in the last 40 years,” says Merrell, adding that this was a roadside staple when she was a kid growing up on the Space Coast.

Outdoor sporting opportunities and musicals in downtown Melbourne

In Malabar, most residents will spend at least part of their week on the water. Kayak at Turkey Creek Sanctuary, looking out for turtles in the shallows. Or head to Malabar Disc Golf Sanctuary across from the Malabar Fire Department to try out their 18-hole course. Disc golf — also known as frisbee golf — is a popular pastime amongst Space Coast residents. Residents can also play tennis, basketball or baseball at Malabar Community Park.

For more arts and culture opportunities, locals drive north to downtown Melbourne. Watch a musical at the Henegar Center for the Arts or visit the murals in the Eau Gallie Arts District.

An aerial view of Malabar Community Parks tennis court in the Malabar community.
An aerial view of Malabar Community Parks tennis court in the Malabar community.
A beautiful, aerial view of the yacht club dockside in the Malabar community.
A beautiful, aerial view of the yacht club dockside in the Malabar community.
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Direct flights from Melbourne Orlando International Airport and a nearby hospital

Given Malabar’s rural landscape, residents will need their own cars — or well-trained horses — to get around. Travel 9 miles (or about 15 minutes) north up U.S. Highway 1 to reach the Melbourne Orlando International Airport, which offers direct flights to a limited selection of U.S. cities including Minneapolis and Atalanta. Seasonally, Space Coast passengers can fly TUI Airways to U.K. locations like Edinburgh and Belfast.

For medical care, residents can head 3 miles inland to Health First’s Palm Bay Hospital. The facility offers a wide range of medical services from intensive care to occupational therapy.

Photography Contributed By
Philip Bicy

Interested in learning more about homes in this area? Reach out to Tammy Brown, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Malabar Housing Trends

Housing Trends

Median List Price
$725,000
Median Sale Price
$575,000
Median Single Family Sale Price
$575,000
Median Change From 1st List Price
21%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
-42%
Average Price Per Sq Ft
$235

Neighborhood Facts

Number of Homes in Neighborhood
1,644
Number of Homes for Sale
1
Median Year Built
1990
Months of Supply
0.90
Average Single Family Home Size Sq Ft
2,187
Above the national average
1,924
Median Lot Size Sq Ft
51,836

Open Houses

  • 1604 Moonbeam Dr, Malabar, FL 32950

    $19,500

    • 2 Beds
    • 2 Baths
    • 800 Sq Ft
    • 1604 Moonbeam Dr

    55+ Palm Bay & Malabar Magic Awaits-Snag This Cozy Gem NOW! Dive into your move-in-ready haven in the sun-drenched paradise of Palm Bay and Malabar, FL! This cozy cutie is priced to fly-don't blink, or it's gone! Tailored for the 55+ crew, this vibrant community park delivers: lounge by the crystal-clear pool, bask on the deck, or rally on the commercial-grade tennis court-active living, senior

    Agent Photo
    Amilyn Caruso
    Canedo Realty
    (321) 352-4467
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  • 1860 Route 1, Grant Vlkria, FL 32950

    $1,500,000

    • 1860 Route 1

    Great parcel of land on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!

    Agent Photo
    Lauren Merrell P.A.
    Dale Sorensen Real Estate Inc.
    (321) 216-9382
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  • 3605 Valkaria Rd, Malabar, FL 32950

    $650,000

    • 4 Beds
    • 2.5 Baths
    • 2,398 Sq Ft
    • 3605 Valkaria Rd

    This 4-bedroom, 2.5-bath home sits on 1.16 private acres, offering a perfect blend of space, versatility, and modern convenience. Designed for both comfort and function, it features a solar-heated pool, a gated RV parking area with hookups and septic, and an oversized 4-car garage, providing endless options for storage, hobbies, or adventure gear. Inside, the home's layout is both practical and

    Agent Photo
    Patrick McLoughlin
    Real Broker, LLC
    (321) 289-2790
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
51''
Average Winter Low Temperature
54°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

26 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Malabar