437 Fort Worth St Sw, Palm Bay
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%.
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.
|427 Fort Worth St Sw||Vacant Residential||0||L|
|447 Fort Worth St Sw||Single Family||1,799||B|
|418 Lagrange St Sw||Vacant Residential||0||L|
|426 Lagrange St Sw||Vacant Residential||0||L|
|412 Lagrange St Sw||Vacant Residential||0||L|
|417 Fort Worth St Sw||Single Family||1,808||B|
|457 Fort Worth St Sw||Vacant Residential||0||L|
|438 Fort Worth St Sw||Vacant Residential||0||L|
|448 Fort Worth St Sw||Vacant Residential||0||L|
|428 Fort Worth St Sw||Single Family||2,006||B|
|434 Lagrange St Sw||Vacant Residential||0||L|
|406 Lagrange St Sw||Single Family||1,780||B|
|458 Fort Worth St Sw||Vacant Residential||0||L|
|467 Fort Worth St Sw||Vacant Residential||0||L|
|442 Lagrange St Sw||Vacant Residential||0||L|
|468 Fort Worth St Sw||Vacant Residential||0||L|
|427 Fonsica St Sw||Vacant Residential||0||L|
|413 Lagrange St Sw||Vacant Residential||0||L|
|435 Fonsica St Sw||Vacant Residential||0||L|
|443 Lagrange St Sw||Vacant Residential||0||L|
|407 Lagrange St Sw||Vacant Residential||0||L|
|443 Fonsica St Sw||Single Family||2,006||B|
|411 Fonsica St Sw||Vacant Residential||0||L|
|478 Fort Worth St Sw||Vacant Residential||0||L|
|450 Lagrange St Sw||Vacant Residential||0||L|
|451 Fonsica St Sw||Vacant Residential||0||L|
|3021 Fitzpatrick Ave Sw||Vacant Residential||0||L|
|3031 Fitzpatrick Ave Sw||Vacant Residential||0||L|
|3011 Fitzpatrick Ave Sw||Vacant Residential||0||L|
|3041 Fitzpatrick Ave Sw||Single Family||0||B|
|418 Forrest Hills St Sw||Vacant Residential||0||L|
|412 Forrest Hills St Sw||Single Family||2,006||B|
|426 Forrest Hills St Sw||Single Family||2,173||B|
|488 Fort Worth St Sw||Vacant Residential||0||L|
|459 Fonsica St Sw||Single Family||2,027||B|
|451 Lagrange St Sw||Vacant Residential||0||L|
|3001 Fitzpatrick Ave Sw||Vacant Residential||0||L|
|406 Forrest Hills St Sw||Vacant Residential||0||L|
|434 Forrest Hills St Sw||Single Family||2,027||B|
|3051 Fitzpatrick Ave Sw||Single Family||0||B|
|426 Fonsica St Sw||Vacant Residential||0||L|
|418 Fonsica St Sw||Vacant Residential||0||L|
|497 Fort Worth St Sw||Vacant Residential||0||L|
|442 Forrest Hills St Sw||Single Family||2,027||B|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
|3047 Lakeland Ave Sw||.15||0||$34,500|
|448 St Andre Blvd Sw||.16||0||$400,000|
|3150 Lakeland Ave Sw||.25||0||$31,000|
|590 St Andre Blvd Sw||.38||0||$45,000|
|208 Lafleur St Sw||.39||0||$49,000|
|2942 Pomello Ave Sw||.42||0||$32,000|
|642 Treasure Cove St Sw||.52||0||$27,000|
|3259 Fruitland Ave Sw||.53||0||$35,000|
|656 Treasure Cove St Sw||.54||0||$27,000|
|2814 Fleming Ave Sw||.57||0||$35,000|
|401 Lamon St Sw||.66||0||$49,900|
|132 Frazer St Sw||.69||0||$45,000|
|2791 Valentine Ave Sw||.69||0||$24,000|
|2777 Valentine Ave Sw||.7||0||$24,000|
|757 Sandlewood St Sw||.71||0||$39,500|
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
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%.