Malabar, Florida

Brevard County Real Estate - Malabar

Malabar is a small town located south of Palm Bay in Brevard County, Florida. Established in 1883 and incorporated in 1962, Malabar is known for its old-Florida atmosphere and semi-rural environment.

Malabar is in East Central Florida. It's population as recorded in the 2010 Census was 2,757. Malabar is approximately 52 miles from Port Saint Lucie (population 164,603) and around 3 miles from Palm Bay (population 103,190).

The median age for residents of Malabar is 50. Around 25.1% of Malabar households include school aged children and 32.4% of households include individuals aged 65 years or over. Census records indicate 91.6% of the Malabar population are White, 3.8% are Black or African American, .4% American Indian, .9% Asian and 2.4% are Two or more Races.

There are 1,239 housing units in Malabar. 115 (9.2%) of these were reported as vacant in the 2010 Census. Malabar is a tourist destination, 36.5% (42) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 128 residential rental units in Malabar. 111 of them were occupied in 2010 providing a residential rental vacancy rate of 12.5%.

Malabar links:

Sue Goldthorp

I'm here to help

My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Malabar, Florida.

Malabar Real Estate

There are 2,446 properties in Malabar. The following table shows a summary of them based on 2014 sales data.

Malabar Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 41 1.68 1 $269,900 $159February 1st, 2014February 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 24 0.98 0n/an/an/an/a
Industrial 22 0.90 0n/an/an/an/a
Miscellaneous Property 1 0.04 0n/an/an/an/a
Mobile/Manufactured 274 11.20 1 $43,000 $77July 1st, 2014July 1st, 2014
Multifamily 48 1.96 0n/an/an/an/a
Office 12 0.49 0n/an/an/an/a
Residential 1,663 67.99 54 $222,750 $108January 1st, 2014August 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 22 0.90 2 $250,000 $115March 1st, 2014March 1st, 2014
Special Purpose 6 0.25 0n/an/an/an/a
Sports & Entertaining 333 13.61 0n/an/an/an/a

Agricultural Real Estate in Malabar, Florida

41( 1.68%) of the properties in Malabar are classified as Agricultural. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $269,900. The median sales price was $269,900. In 2014 the median sales price for Agricultural in Malabar was $159 per sq ft.

Commercial Real Estate in Malabar, Florida

0( .00%) of the properties in Malabar are classified as Commercial.

Government Real Estate in Malabar, Florida

24( .98%) of the properties in Malabar are classified as Government.

Industrial Real Estate in Malabar, Florida

22( .90%) of the properties in Malabar are classified as Industrial.

Miscellaneous Real Estate in Malabar, Florida

1( .04%) of the properties in Malabar are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Malabar, Florida

274( 11.20%) of the properties in Malabar are classified as Mobile/Manufactured. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $43,000. The median sales price was $43,000. In 2014 the median sales price for Mobile/Manufactured in Malabar was $77 per sq ft.

Multifamily Real Estate in Malabar, Florida

48( 1.96%) of the properties in Malabar are classified as Multifamily.

Office Real Estate in Malabar, Florida

12( .49%) of the properties in Malabar are classified as Office.

Residential Real Estate in Malabar, Florida

1,663( 67.99%) of the properties in Malabar are classified as Residential. 54 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $12,407,200. The median sales price was $222,750. In 2014 the median sales price for A Class Residential in Malabar was $138 per sq ft, B Class properties sold for $108/ft and C Class $66/ft.

Residential Real Estate in Malabar, Florida

0( .00%) of the properties in Malabar are classified as Residential.

Retail Real Estate in Malabar, Florida

22( .90%) of the properties in Malabar are classified as Retail. 2 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $500,000. The median sales price was $250,000. In 2014 the median sales price for Retail in Malabar was $115 per sq ft.

Special Purpose Real Estate in Malabar, Florida

6( .25%) of the properties in Malabar are classified as Special Purpose.

Sports & Entertaining Real Estate in Malabar, Florida

333( 13.61%) of the properties in Malabar are classified as Sports & Entertaining.

Malabar, Brevard County Market Data

Malabar Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 33 62,050
Government Property 25 625,279
Hotel & Motel 1 2,202
Industrial 17 290,802
Land 426 531,102
Mobile/Manufactured 62 96,475
Multifamily 41 110,524
Office 13 472,905
Residential 1,600 3,322,152
Retail 18 118,002
Special Purpose 5 35,948
Sports & Entertaining 167 1,292,208

Malabar Median Property Values per Sq Ft

Malabar Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $124$43 $59$43 $59$43
Church 2016 $124$24 $59$12 $59$7
Club, lodge or union hall 2016 $124$24 $59$12 $59$7
Condominium 2016 $172$16 $125$16 $74$16
County Owned 2016 $124$30 $59$15 $59$7
County Owned Land-Improved (That Does Not Qualify In Another Code) 2016 $723$6 $211$6 $111$6
County Owned Land-Vacant (That Does Not Qualify In Another Code) 2016 $723$6 $211$6 $111$6
Florist or greenhouse 2016 $124$32 $59$16 $59$8
Government Undefined 2016 $124$30 $59$15 $59$7
Grazing land soil capability Class II 2016 $124$28 $59$21 $59$16
Hotel or motel 2016 $124$33 $59$33 $59$33
Light manufacturing 2016 $124$17 $59$10 $59$5
Manufactured Housing-Single 2016 $723$6 $211$6 $111$6
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $124$17 $59$10 $59$5
Mixed use - store and office or store and residential or residential combination 2016 $124$32 $59$16 $59$8
Mobile Home 2016 $172$6 $125$6 $74$6
Multi-family - less than 10 units 2016 $124$16 $59$12 $59$9
Municipal Owned 2016 $124$30 $59$15 $59$7
Office building, non-professional service building, multi-story 2016 $124$30 $59$18 $59$11
Office building, non-professional service building, one story 2016 $124$30 $59$18 $59$11
Orchard Groves, Citrus, etc. 2016 $124$28 $59$21 $59$16
Ornamentals, miscellaneous agricultural 2016 $124$28 $59$21 $59$16
Poultry, bees, tropical fish, rabbits, etc. 2016 $124$28 $59$21 $59$16
Professional service building 2016 $124$30 $59$18 $59$11
Race track: horse, auto or dog 2016 $124$43 $59$43 $59$43
Residential Related Amenities 2016 $723$16 $211$16 $111$16
Restaurant, cafeteria 2016 $124$32 $59$16 $59$8
Single Family 2016 $172$16 $125$16 $74$16
Single Family Residence 2016 $723$16 $211$16 $111$16
Store, one story 2016 $124$32 $59$16 $59$8
Undefined - Reserved for Use by Department of Revenue 2016 $124$16 $59$16 $59$16
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $124$17 $59$10 $59$5