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Port Malabar

Port Malabar

$280,076 Average Value
$184 Average Price per Sq Ft
138 Homes For Sale

Access ocean, rivers and creeks from Port Malabar

From the teal waters of the Atlantic Ocean to the blackwater creeks of coastal marshes, Port Malabar lets residents explore Florida’s natural landscape from the comfort of a small suburb. This neighborhood within the city of Palm Bay has no shortage of aquatic recreation, says Lauren Merrell, a local who’s also a Realtor at Dale Sorensen Real Estate Inc., “In almost every resident's life, there’s some version of water activity.” That may mean an afternoon water skiing on the Indian River Lagoon or a gentle kayak journey through the mangroves of Turkey Creek. The neighborhood is part of the Space Coast, a nickname for Brevard County that recognizes the importance of the aerospace industry in the region. NASA’s Kennedy Space Center is 45 miles north of Port Malabar, with other technology companies and manufacturers up and down the coastal county. Port Malabar is within commuting distance of these high-tech employers, while maintaining access to the varied waterfront recreation of Florida’s east coast.

Enjoy a day on the Indian River, minutes from Port Malabar.
Enjoy a day on the Indian River, minutes from Port Malabar.
Florida's Atlantic Coast is a hot fishing destination for Port Malabar residents.
Florida's Atlantic Coast is a hot fishing destination for Port Malabar residents.
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Mediterranean-influenced architecture on the Space Coast

Port Malabar’s 9,000 houses are concentrated in subdivisions that extend off the arterial roadways Babcock Street and Palm Bay Road. Bungalows and ranch homes often display Mediterranean influences, such as stucco exteriors and tile roofs. Home development surged in the 1960s as the height of the space race, but new construction continues today. Single-family home prices start in the high $100,000s for a three-bedroom house, extending to the low $600,000s for a newly built four-bedroom home. Small condo and townhouse developments are common too, and they often come with community swimming pools. Prices for condos or townhouses range between $100,000 and $400,000. FEMA rates the risk of a hurricane in Brevard County as “very high,” and the high winds and floodwaters brought by Hurricane Ian in 2022 caused $14 million worth of damages. Though FEMA reports the neighborhood isn’t in a flood zone, Palm Bay roads do occasionally flood after heavy rains, which happened on Babcock Street in 2023.

Port Malabar homes are often designed with Craftsman or Mediterranean features.
Port Malabar homes are often designed with Craftsman or Mediterranean features.
Port Malabar homes have exteriors made of stucco, a durable material that can last decades.
Port Malabar homes have exteriors made of stucco, a durable material that can last decades.
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Paddle from Port Malabar to the Indian River

On the east end of Port Malabar, Turkey Creek Sanctuary hosts a launch point for kayakers and canoers amid the 130-acre nature preserve. If they paddle along the canopied waterway, they may see manatees or otters by the time they reach the mouth of the Indian River. In the heart of the neighborhood, Grapefruit Trails features nearly 3 miles of tracks for mountain bikers. Meanwhile, Fred Lee Park hosts the typical amenities of a municipal park, including a playground, a football field and softball fields. If residents get bored of the recreation options in their neighborhood, a day trip to Melbourne Beach is less than 10 miles away.

Minutes away from the Indian River, Port Malabar locals enjoy care free days on the water.
Minutes away from the Indian River, Port Malabar locals enjoy care free days on the water.
With easy access to the coast, Port Malabar residents can enjoy life on the water.
With easy access to the coast, Port Malabar residents can enjoy life on the water.
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Palm Bay Magnet High at robotics world championship

Zoned to Brevard Public Schools, children may start their education at Port Malabar Elementary School, which earns a Niche grade of B. Older students can go to Southwest Middle School and Palm Bay Magnet High School, both receiving grades of B-minus. Keeping with the region’s high-tech history, Palm Bay Magnet High has an award-winning robotics team that competed in the VEX Robotics World Championship in 2023. Port Malabar is also home to Saint Joseph Catholic School, a private school for kindergarteners through eighth graders that gets an A-plus from Niche.

Port Malabar Elementary School's playground features a rock wall.
Port Malabar Elementary School's playground features a rock wall.
Entrance sign for Palm Bay Magnet Senior High School.
Entrance sign for Palm Bay Magnet Senior High School.
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Twisty Cone scoops desserts for 40 years

Babcock Street and Palm Bay Road are each lined with shops and restaurants that include big-box stores, national chains and local businesses. An example of the latter is Skeebo’s Soul Food Kitchen, recognizable by the smoker that sits in front of the restaurant. On the opposite end of Port Malabar sits the family-owned ice cream shop Twisty Cone, which has doled out soft-serve cones since 1982. “Twisty Cone hasn’t changed much in the last 40 years,” says Merrell, adding that it was a roadside staple when she was a kid. Next to Twisty Cone are retail essentials such as Walmart and Lowe’s Home Improvement, while groceries can be picked up at Port Malabar’s Publix and Winn-Dixie. The neighborhood is also close to HealthFirst Palm Bay Hospital.

Port Malabar residents can zip to Winn-Dixie to pick up groceries,
Port Malabar residents can zip to Winn-Dixie to pick up groceries,
Wagon Wheel Pizza is a longstanding Italian restaurant in Port Malabar.
Wagon Wheel Pizza is a longstanding Italian restaurant in Port Malabar.
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Major employers and the city of Orlando nearby

Palm Bay residents mostly use cars to commute to work. Next to Port Malabar is an office for L3Harris Technologies Inc., a locally headquartered technology company with more than 7,000 employees working in the county. Space Coast Area Transit has buses that stop along Palm Bay Road and Babcock Street, offering an alternate way to reach nearby shopping centers. Melbourne Orlando International Airport is 5 miles to the north. However, Orlando International Airport, about 60 miles away, offers more than 100 additional destinations.

Annual festivals at Fred Poppe Regional Park

Seven miles west of Port Malabar, the city of Palm Bay hosts annual festivities at Fred Poppe Regional Park. In February, locals feast on fruit-filled treats at the Strawberry Fest, while in March the park is home to live music, dancing and food from around the world during the Palm Bay Multicultural Festival.

Alex Soderstrom
Written By
Alex Soderstrom
Rodrigo Betancor
Photography Contributed By
Rodrigo Betancor
Anthony Pesa
Video By
Anthony Pesa

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

Parks in this Area

Transit

Airport

Melbourne Orlando International

17 min drive

Bus

Port Malabar Blvd & Chello Ave

Bus

Port Malabar Blvd & Troutman Blvd

Bus

Port Malabar Blvd & Cayuga Ave (Ne Corner)

Bus

S Babcock St & Las Palmas Shopping Center

Bus

S Babcock St & Palm Place Dr (Se Corner)

Bus

S Babcock St & Port Malabar Blvd (Ne Corner)

Bus

Port Malabar Blvd & Markey Cir (Nw Corner)

Port Malabar Demographics and Home Trends

Housing Trends

Median List Price
$279,900
Median Sale Price
$265,000
Median Single Family Sale Price
$308,000
Median Townhouse Sale Price
$179,900
Median 2 Bedroom Sale Price
$143,500
Median Change From 1st List Price
5%
Last 12 months Home Sales
357
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$184

Neighborhood Facts

Number of Homes
6,758
Number of Homes for Sale
138
Median Year Built
1982
Months of Supply
4.60
Average Single Family Home Size Sq Ft
1,561
Below the national average
1,926
Average Townhouse Size Sq Ft
1,143
Average 2 Bedroom Size Sq Ft
996
Average 1 Bedroom Size Sq Ft
691
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, Oct 18
    4 - 6pm

    1311 Island Green Dr NE Unit B2-12, Palm Bay, FL 32905

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • 1311 Island Green Dr NE
    • Unit B2-12
    • New 23 hours ago

    Located in the quiet, tree-lined community of Island Green Villas, this well-maintained single-story end unit offers privacy, space, and low-maintenance living in a charming 22-unit complex. The open layout features a large kitchen with peninsula, breakfast nook, and a pass-through to the dining area, which flows into a spacious great room and oversized living area. Enjoy peaceful views

    Henry Dearaujo Coastal Life Properties LLC

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  • Sunday, Oct 19
    12 - 2pm

    350 Riley Ave NE, Palm Bay, FL 32907

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,758 Sq Ft
    • 350 Riley Ave NE
    • New 1 day ago

    Charming 3 bedroom, 2 bathroom POOL home with an expansive, fully fenced-in backyard. This home offers a spacious and functional layout with split bedrooms and a huge sun room featuring French doors and vaulted ceilings. Sliding doors lead out to the backyard oasis where you'll find an oversized patio and sparkling, in-ground pool. Interior laundry room with large basin sink just off the 2 car

    Ashley Sheffey EXP Realty, LLC

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  • Saturday, Oct 18
    10am - 2pm

    1124 Eleuthera Dr NE, Palm Bay, FL 32905

    $285,000

    • 2 Beds
    • 2 Baths
    • 1,395 Sq Ft
    • 1124 Eleuthera Dr NE
    • New 1 day ago

    Discover your slice of paradise in Palm Bay, FL—a thriving Space Coast gem where pristine beaches, the serene Indian River Lagoon, and Melbourne's vibrant dining scene await. This immaculate townhome sits on a pie-shaped lot open to the back offers extra privacy and comfort beyond most in the neighborhood—it's a true turn-key treasure, lovingly updated for effortless living. Flooded with natural

    Matthew Sonberg Glover Properties

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
21,131
Median Age
42
Population Density
5 ppl/acre
Population under 18
20.4%
On par with the national average
23.8%
Population over 65
23.1%
On par with the national average
19.1%

Finances

Median Household Income
$47,635
Significantly below the national average
$71,702
Average Household Income
$59,356

Education and Workforce

High School Graduates
90.3%
College Graduates
26.7%
Below the national average
34.1%
Advanced Degrees
8.2%
% Population in Labor Force
59.5%
Below the national average
65.1%

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®

40 / 100

Car-Dependent

Walk Score®

15 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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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.
NEIGHBORHOOD
Port Malabar