$585,573Average Value$282Average Price per Sq Ft14Homes 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 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.
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.
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
Interested in learning more about homes in this area?
Reach out to
Brenda Muh,
an experienced agent in this neighborhood.
Parks in this Area
Malabar Community Park
Knecht Park
AIS Trail Park
Palm Bay Community Center Playground
Turkey Creek Sanctuary
Recreation Division
Transit
Airport
Melbourne Orlando International
24 min drive
Bus
Palm Bay Hospital
Bus
Health First Physicians Palm Bay
Bus
Malabar Rd Across From Palm Bay Hospital
Reviews
Niche Reviews
4.217 Reviews
4.0Niche User
6/19/2014Niche Review
There are a lot of engineers in the area, so the overall average income is probably pretty high: I haven't job searched, so I don't know about the market.
4.0Niche User
6/19/2014Niche Review
There are many restaurants in the nearby towns. Malabar is a tiny town, but is right next to Palmbay and Melbourne. There is a wide variety, and everywhere I've eaten has been excellent-- though I don't eat out as often as some so I haven't tried everywhere. As I don't generally eat kosher or halal, I don't have much input on that factor.
5.0Niche User
6/19/2014Niche Review
This is a very pet friendly area: people have everything from dogs to goats.
5.0Current Resident
10/6/2019Niche Review
Malabar is a very close-knit neighborhood, although quite rural. It has many farmers, with a lot of farmland and pastures. It feels safe and has a low crime rate. The schools are very good and have a nice list to choose from with different specialties for each school. Overall, it is a quaint, small, community to raise a family and is welcoming.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Malabar
US
Homicide
2
4
Sexual Assault
2
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
2
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Malabar, FL sell after 46 days on the market compared to the national average of 47 days. The average sale price for homes in Malabar, FL over the last 12 months is $715,991, up 12% from the average home sale price over the previous 12 months.
New Owner Wanted! Gorgeous Completely Remodeled (2018 - 2020) POOL Home on Large ~5 Acre Parcel! Main House 4 Bedrooms 2 Bathrooms! Guest House 2 Bedrooms 2 Bathrooms! Guest Studio 1 Bedroom 1 Bathroom! Standing Seam 24 Gauge Metal Roof (2024)! Large Stocked Pond w/ Wooden Dock! Resurfaced, Inground Pool with Paver Deck! Impact Windows & Doors Throughout! HUGE Screened Patio/Lanai w/ Outdoor
This small cottage-style home captures the essence of Old Florida charm and offers incredible potential. Though it needs repairs, its classic details, like original hardwood floors (some covered in tile) make it a unique opportunity for renovators and dreamers alike. At the rear of the property, you'll find an additional building brimming with endless possibilities—a guest house, studio,
Welcome to 2700 Corey Road in Malabar, Florida—an exceptional estate offering the perfect blend of luxury, privacy, and versatility on nearly 9 pristine, subdividable acres. Set back on a peaceful country road, this custom-built home sits elevated on a stem wall and is constructed with durable 2x6 pressure-treated Douglas Fir. It's topped with 50-year shingles and outfitted with double-pane, 130
Spacious 2 Bedroom / 2 Bath 2008!! PARTIALLY FURNISHED -- QUIET 55+ RETIREMENT COMMUNITY. This home is in great condition and is waiting for its new owner. Spend quiet mornings and relaxing evenings in your Large 10x30 screened-in Lanai. Plenty of storage is found in the detached shed off the Extended Covered Car Port. All major appliances are included with the sale, along with a newly installed
Nice apartment with a modern eat in kitchen, breakfast bar, and appliance package, including a dishwasher. The unit also features a small utility/laundry room with a stacking washer/dryer, and a tankless water heater to save on utility bills. The grounds are nicely maintained, and the unit is neat and clean. Pest control included. You will not find anything as nice for this amount of rent, so
Brand New Construction. This 2 story 2 bedroom 2 bath home was remodeled from the ground up with only the finest finishes selected. Huge trex decking balconies and porches, extensive tile work throughout, gorgeous tongue and groove ceiling on the exterior, a stunning kitchen that's a chef's dream, parking for an RV, you just name it. The home has riparian rights to the Indian River across
Interested in learning more about homes in this area?
Reach out to
Brenda Muh,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
3,344
Median Age
49
Population Density
1 person/acre
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
26.5%
Above the national average
19.1%
Finances
Median Household Income
$88,443
Above the national average
$71,702
Average Household Income
$93,635
Education and Workforce
High School Graduates
95.3%
College Graduates
29.9%
Advanced Degrees
6.5%
Below the national average
13.3%
% Population in Labor Force
55.6%
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®
26/ 100
Car-Dependent
Walk Score®
0/ 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.
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.
