566 Lambright 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.
|558 Lambright St Sw||Vacant Residential||0||L|
|574 Lambright St Sw||Vacant Residential||0||L|
|557 Hallcrest St Sw||Vacant Residential||0||L|
|550 Lambright St Sw||Vacant Residential||0||L|
|582 Lambright St Sw||Vacant Residential||0||L|
|565 Lambright St Sw||Vacant Residential||0||L|
|557 Lambright St Sw||Vacant Residential||0||L|
|581 Hallcrest St Sw||Vacant Residential||0||L|
|549 Hallcrest St Sw||Vacant Residential||0||L|
|581 Lambright St Sw||Vacant Residential||0||L|
|549 Lambright St Sw||Single Family||1,104||C|
|542 Lambright St Sw||Vacant Residential||0||L|
|590 Lambright St Sw||Vacant Residential||0||L|
|541 Hallcrest St Sw||Single Family||2,020||B|
|589 Hallcrest St Sw||Vacant Residential||0||L|
|541 Lambright St Sw||Vacant Residential||0||L|
|589 Lambright St Sw||Vacant Residential||0||L|
|566 Fleetwood St Sw||Vacant Residential||0||L|
|566 Hallcrest St Sw||Vacant Residential||0||L|
|574 Fleetwood St Sw||Vacant Residential||0||L|
|558 Fleetwood St Sw||Single Family||2,121||B|
|558 Hallcrest St Sw||Vacant Residential||0||L|
|574 Hallcrest St Sw||Vacant Residential||0||L|
|534 Lambright St Sw||Vacant Residential||0||L|
|550 Hallcrest St Sw||Vacant Residential||0||L|
|550 Fleetwood St Sw||Vacant Residential||0||L|
|582 Fleetwood St Sw||Vacant Residential||0||L|
|582 Hallcrest St Sw||Vacant Residential||0||L|
|533 Hallcrest St Sw||Vacant Residential||0||L|
|542 Hallcrest St Sw||Vacant Residential||0||L|
|542 Fleetwood St Sw||Vacant Residential||0||L|
|590 Hallcrest St Sw||Single Family||2,006||B|
|590 Fleetwood St Sw||Single Family||1,355||B|
|526 Lambright St Sw||Vacant Residential||0||L|
|533 Lambright St Sw||Vacant Residential||0||L|
|525 Hallcrest St Sw||Single Family||2,219||B|
|565 Forrest Hills St Sw||Vacant Residential||0||L|
|573 Forrest Hills St Sw||Vacant Residential||0||L|
|557 Forrest Hills St Sw||Vacant Residential||0||L|
|534 Hallcrest St Sw||Vacant Residential||0||L|
|534 Fleetwood St Sw||Vacant Residential||0||L|
|598 Fleetwood St Sw||Vacant Residential||0||L|
|581 Forrest Hills St Sw||Vacant Residential||0||L|
|549 Forrest Hills St Sw||Single Family||2,006||B|
|565 Fleetwood St Sw||Vacant Residential||0||L|
|518 Lambright St Sw||Vacant Residential||0||L|
|557 Fleetwood St Sw||Vacant Residential||0||L|
|573 Fleetwood St Sw||Vacant Residential||0||L|
|2926 Pomello Ave Sw||Vacant Residential||0||L|
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
|2942 Pomello Ave Sw||.1||0||$32,000|
|642 Treasure Cove St Sw||.24||0||$27,000|
|2814 Fleming Ave Sw||.24||0||$35,000|
|656 Treasure Cove St Sw||.26||0||$27,000|
|590 St Andre Blvd Sw||.35||0||$45,000|
|2791 Valentine Ave Sw||.37||0||$24,000|
|2777 Valentine Ave Sw||.38||0||$24,000|
|448 St Andre Blvd Sw||.43||0||$400,000|
|2966 Madden Ave Sw||.5||0||$29,900|
|3047 Lakeland Ave Sw||.5||0||$34,500|
|645 Hurricane St Sw||.59||0||$22,500|
|3150 Lakeland Ave Sw||.59||0||$31,000|
|401 Lamon St Sw||.59||0||$49,900|
|741 Hurricane St Sw||.62||0||$29,750|
|757 Sandlewood St Sw||.63||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%.