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Explore Similar Apartments Within 2 Miles of Malabar, FL

  • 5285 Palmetto Dr Unit 5283/5285, Melbourne Beach, FL 32951
    5285 Palmetto Dr Unit 5283/5285, Melbourne Beach, FL 32951
    5285 Palmetto Dr Unit 5283/5285, Melbourne Beach, FL 32951
    /14

    $1,150,000

    • 2,244 Sq Ft

    5285 Palmetto Dr Unit 5283/5285, Melbourne Beach, FL 32951

    Discover this rare duplex located just a five minute walk to a quiet ocean access in the desirable Melbourne Beach area. Each side features three spacious bedrooms and two full baths, perfect for investors or those seeking a versatile living arrangement. The properties sit on a very large, private lot at the end of a peaceful cul-de-sac, offering tranquility and seclusion. Recent updates include

    Laura Dowling-Roy Premier Properties Real Estate

    5285 Palmetto Dr Unit 5283/5285, Melbourne Beach, FL 32951
  • 1069 Bacon Cir NE, Palm Bay, FL 32905
    1069 Bacon Cir NE, Palm Bay, FL 32905
    /2

    $269,995

    • 1,488 Sq Ft

    1069 Bacon Cir NE, Palm Bay, FL 32905

    Great income generating duplex with long term tenants paying $2,140 per month rent. One lease has 9 months left and the other has 1 year left. 7% CAP rate.Offered individually OR as a package with 1336 Pace Drive NW Palm Bay, FL (MLS# F10496486).

    Adam Von Romer CCIM Axis Realty Advisors, INC

    1069 Bacon Cir NE, Palm Bay, FL 32905
  • 826 Hunan St NE, Palm Bay, FL 32907
    826 Hunan St NE, Palm Bay, FL 32907
    826 Hunan St NE, Palm Bay, FL 32907
    /27

    $1,300,000

    • 3,296 Sq Ft

    826 Hunan St NE, Palm Bay, FL 32907

    Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the

    Cody Spaur Landshark Realty

    826 Hunan St NE, Palm Bay, FL 32907
Florida Brevard County Malabar

Multi-Family Homes & Duplexes for Sale in Malabar, FL

Why Live in Malabar

Malabar, FL, nestled on Florida's Space Coast, offers a unique blend of rural charm and coastal beauty. Residents often witness dolphin pods in the Indian River and alligators among the mangroves at Turkey Creek Sanctuary. The town is characterized by its farmland, where backyard chickens and goats are common, and horses roam larger properties. While Malabar lacks a commercial center, nearby Palm Bay provides retail options, and Melbourne offers cultural experiences. Housing in Malabar ranges from manufactured homes to luxury waterfront estates with Mediterranean-inspired designs. The Brevard Public School System serves local students, with Palm Bay Magnet High School offering specialized STEAM programs. Dining options include the Shack Riverfront Restaurant & Outback Tiki Bar and the historic Old Fish House Bar and Grill, known for its fried green tomatoes. Outdoor activities are plentiful, with kayaking at Turkey Creek Sanctuary and disc golf at Malabar Disc Golf Sanctuary. For arts and culture, residents visit downtown Melbourne's Henegar Center for the Arts. Essential services are accessible, with Melbourne Orlando International Airport 9 miles away and Palm Bay Hospital 3 miles inland.

Learn more about living in Malabar

Home Trends in Malabar, FL

On average, homes in Malabar, FL sell after 69 days on the market compared to the national average of 52 days. The median sale price for homes in Malabar, FL over the last 12 months is $600,000, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$600,000
Median Single Family Sale Price
$585,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
19
Last 12 months Home Sales
59
Months of Supply
3.90
Median List Price
$650,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
5%
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