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%.
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Malabar Real Estate
There are 2,446 properties in Malabar. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 41 | 1.68 | 1 | $269,900 | $159 | February 1st, 2014 | February 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 24 | 0.98 | 0 | n/a | n/a | n/a | n/a |
Industrial | 22 | 0.90 | 0 | n/a | n/a | n/a | n/a |
Miscellaneous Property | 1 | 0.04 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 274 | 11.20 | 1 | $43,000 | $77 | July 1st, 2014 | July 1st, 2014 |
Multifamily | 48 | 1.96 | 0 | n/a | n/a | n/a | n/a |
Office | 12 | 0.49 | 0 | n/a | n/a | n/a | n/a |
Residential | 1,663 | 67.99 | 54 | $222,750 | $108 | January 1st, 2014 | August 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 22 | 0.90 | 2 | $250,000 | $115 | March 1st, 2014 | March 1st, 2014 |
Special Purpose | 6 | 0.25 | 0 | n/a | n/a | n/a | n/a |
Sports & Entertaining | 333 | 13.61 | 0 | n/a | n/a | n/a | n/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
Property Usage | Property Count | Total 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
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Camp | 2016 | $124 | $43 | $59 | $43 | $59 | $43 |
Campground (Trailers, Campers & Tents) | 2014 | $142 | $34 | $79 | $34 | $44 | $34 |
Church | 2016 | $124 | $24 | $59 | $12 | $59 | $7 |
Club, lodge or union hall | 2016 | $124 | $24 | $59 | $12 | $59 | $7 |
Commercial Related Amenities | 2014 | $142 | $20 | $79 | $11 | $44 | $6 |
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 With Residence | 2014 | $142 | $26 | $79 | $19 | $44 | $15 |
Grazing land soil capability Class II | 2016 | $124 | $28 | $59 | $21 | $59 | $16 |
Hotel or motel | 2016 | $124 | $33 | $59 | $33 | $59 | $33 |
House And Improvement Not Suitable For Occupancy | 2014 | $142 | $13 | $79 | $13 | $44 | $13 |
Light Manufacturing,Small Equipt.Mfg. Plants,Sm.Machine Shops,Instrument Mfg., | 2014 | $142 | $9 | $79 | $6 | $44 | $5 |
Light manufacturing | 2016 | $124 | $17 | $59 | $10 | $59 | $5 |
Lumber yard, sawmill or planing mill | 2014 | $233 | $9 | $111 | $6 | $43 | $5 |
Manuf. Housing Park - 101 To 150 Spaces Rentals | 2014 | $142 | $6 | $79 | $6 | $44 | $6 |
Manuf. Housing Park - 51 To 100 Spaces Rentals | 2014 | $142 | $6 | $79 | $6 | $44 | $6 |
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- Commercial Property | 2014 | $142 | $9 | $79 | $6 | $44 | $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 |
Multiple Living Units (5 To 9 Units)-Not Attached | 2014 | $142 | $15 | $79 | $12 | $44 | $8 |
Municipal Owned | 2016 | $124 | $30 | $59 | $15 | $59 | $7 |
Nurserys-With Residence | 2014 | $142 | $26 | $79 | $19 | $44 | $15 |
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 |
Retail Tire Store | 2014 | $142 | $27 | $79 | $13 | $44 | $7 |
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 |
Two Residential Units - Not Attached | 2014 | $142 | $13 | $79 | $13 | $44 | $13 |
Undefined - Reserved for Use by Department of Revenue | 2016 | $124 | $16 | $59 | $16 | $59 | $16 |
Utility | 2014 | $198 | $37 | $142 | $14 | $102 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $124 | $17 | $59 | $10 | $59 | $5 |
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