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:

Brevard County

Brevard County is located in the East Central Florida region, along with Orange, Volusia, Sumter, Seminole, Lake, and Osceola counties. There are many incorporated municipalities in Brevard. Cities include Cape Canaveral, Cocoa, Cocoa Beach, Indian Harbour Beach, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, and West Melbourne. The towns in Brevard are Grant-Valkaria, Indiatlantic, Malabar, Melbourne Beach, Melbourne Village, and Palm Shores. Brevard?s population is well over half a million.

Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. Top public sector employers for Brevard County are the Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc., United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation.

Kennedy Space Center is located on Merritt Island in Brevard County and provides many jobs for the area, as well as acting as a popular tourist destination. It is from this activity that Brevard takes its nickname, the Space Coast. Nicknamed "Space City USA", the city of Titusville is across the water from KSC. The city?s population is highly-educated. The city is a popular destination for visitors wishing to see spacecraft launches.

Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, the Merritt Island National Wildlife Refuge, and Cocoa Beach. Port Canaveral is serviced by Disney Cruise Lines, Carnival, and Royal Caribbean. Not just a tourist destination, the port is within a foreign trade zone.

In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. RealtyTrac rated Brevard as the best county in the United States for buyers in 2013 because of the low prices.

Neighboring Properties

AddressTypeSq FtClass 
572 Haleybury St Sw Vacant Residential 0 L
563 Fitzsimmons St Sw Single Family 2,173 B
571 Fitzsimmons St Sw Vacant Residential 0 L
555 Fitzsimmons St Sw Vacant Residential 0 L
556 Haleybury St Sw Single Family 2,395 B
580 Haleybury St Sw Vacant Residential 0 L
563 Haleybury St Sw Vacant Residential 0 L
571 Haleybury St Sw Single Family 2,020 B
555 Haleybury St Sw Single Family 1,874 B
579 Fitzsimmons St Sw Vacant Residential 0 L
547 Fitzsimmons St Sw Vacant Residential 0 L
579 Haleybury St Sw Vacant Residential 0 L
547 Haleybury St Sw Vacant Residential 0 L
588 Haleybury St Sw Vacant Residential 0 L
587 Fitzsimmons St Sw Vacant Residential 0 L
539 Fitzsimmons St Sw Single Family 2,193 B
587 Haleybury St Sw Vacant Residential 0 L
564 Olsmar St Sw Single Family 2,047 B
572 Fitzsimmons St Sw Vacant Residential 0 L
572 Olsmar St Sw Vacant Residential 0 L
532 Haleybury St Sw Single Family 2,047 B
556 Olsmar St Sw Single Family 1,420 B
594 Haleybury St Sw Single Family 1,814 B
531 Haleybury St Sw Single Family 1,272 B
580 Fitzsimmons St Sw Vacant Residential 0 L
580 Olsmar St Sw Vacant Residential 0 L
531 Fitzsimmons St Sw Single Family 2,006 B
540 Fitzsimmons St Sw Single Family 3,147 B
588 Olsmar St Sw Single Family 2,006 B
540 Olsmar St Sw Vacant Residential 0 L
524 Haleybury St Sw Vacant Residential 0 L
523 Fitzsimmons St Sw Vacant Residential 0 L
563 Ladyslipper St Sw Vacant Residential 0 L
555 Ladyslipper St Sw Vacant Residential 0 L
571 Ladyslipper St Sw Single Family 2,006 B
523 Haleybury St Sw Vacant Residential 0 L
532 Fitzsimmons St Sw Vacant Residential 0 L
532 Olsmar St Sw Vacant Residential 0 L
579 Ladyslipper St Sw Vacant Residential 0 L
547 Ladyslipper St Sw Vacant Residential 0 L
588 Fitzsimmons St Sw Single Family 2,020 B
563 Olsmar St Sw Single Family 2,006 B
516 Haleybury St Sw Vacant Residential 0 L
571 Olsmar St Sw Single Family 2,000 B
555 Olsmar St Sw Single Family 1,188 B
2408 Fleming Ave Sw Vacant Residential 0 L
2400 Fleming Ave Sw Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
580 Olsmar St Sw .06 0 $149,000
757 Sailboat St Sw .36 0 $29,750
2392 Madden Ave Sw .39 0 $34,000
2182 Day Ave Sw .42 0 $39,000
645 Hurricane St Sw .43 0 $22,500
741 Hurricane St Sw .48 0 $29,750
827 Sailboat St Sw .48 0 $29,750
843 Sailboat St Sw .51 0 $50,000
851 Sailboat St Sw .53 0 $50,000
2424 Abaco Ave Sw .53 0 $29,900
2189 Soria Ave Sw .59 0 $27,000
2777 Valentine Ave Sw .6 0 $24,000
401 Lamon St Sw .61 0 $49,900
2791 Valentine Ave Sw .61 0 $24,000
2141 Soria Ave Sw .68 0 $29,400

Local Household Income

The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.

Nearby Companies

Chora'S Concrete, Inc.
563 Olsmar Street Sw
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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