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 
1017 Tevis St Se Vacant Residential 0 L
2106 Tea Ave Se Single Family 1,056 C
1008 Windmill St Se Vacant Residential 0 L
998 Windmill St Se Vacant Residential 0 L
1018 Windmill St Se Single Family 1,625 B
1025 Tevis St Se Vacant Residential 0 L
954 Windmill St Se Single Family 1,833 B
1026 Windmill St Se Single Family 922 C
2129 Trillo Rd Se Vacant Residential 0 L
2124 Tea Ave Se Single Family 1,332 B
2139 Trillo Rd Se Vacant Residential 0 L
1016 Tevis St Se Single Family 864 C
1033 Tevis St Se Vacant Residential 0 L
2099 Webb Ave Se Single Family 1,440 B
1034 Windmill St Se Vacant Residential 0 L
2149 Trillo Rd Se Single Family 2,236 B
1024 Tevis St Se Vacant Residential 0 L
2054 Webb Ave Se Single Family 1,843 B
2160 Tea Ave Se Vacant Residential 0 L
1027 Windmill St Se Single Family 1,226 B
1041 Tevis St Se Vacant Residential 0 L
1042 Windmill St Se Vacant Residential 0 L
2055 Webb Ave Se Vacant Residential 0 L
1032 Tevis St Se Vacant Residential 0 L
955 Windmill St Se Single Family 1,420 B
1017 Welco St Se Vacant Residential 0 L
2169 Trillo Rd Se Vacant Residential 0 L
2128 Trillo Rd Se Vacant Residential 0 L
2138 Trillo Rd Se Single Family 1,226 B
1035 Windmill St Se Single Family 1,660 B
2118 Trillo Rd Se Single Family 1,600 B
2178 Tea Ave Se Vacant Residential 0 L
2148 Trillo Rd Se Single Family 1,440 B
1025 Welco St Se Vacant Residential 0 L
1049 Tevis St Se Single Family 1,152 C
1050 Windmill St Se Single Family 1,492 B
1040 Tevis St Se Single Family 1,410 B
911 Windmill St Se Single Family 1,840 B
1026 Wyoming Dr Se Vacant Residential 0 L
2158 Trillo Rd Se Vacant Residential 0 L
2108 Trillo Rd Se Single Family 1,793 B
2179 Trillo Rd Se Vacant Residential 0 L
1033 Welco St Se Single Family 2,080 B
1034 Wyoming Dr Se Vacant Residential 0 L

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

AddressMilesSq FtPrice 
961 Sanger St Se .2 0 $35,000
986 Sanger St Se .21 0 $35,000
2178 Windbrook Dr Se .28 0 $60,000
1012 Tide Rd Se .38 0 $40,000
1809 Sandia Rd Se .47 0 $354,900
2314 Ramona Ave Se .54 0 $29,999
2436 Quimper Ave Se .75 0 $348,900
1420 Traverse St Se .77 0 $53,000
1974 Timbruce Rd Se .88 0 $349,900
1531 Walker St Se .97 0 $55,000
2970 Emerson Dr Se .98 0 $47,900
1366 San Filippo Dr Se .99 0 $53,000
1821 Trapper Ave Se 1.02 0 $354,900
842 Reardon St Se 1.05 0 $49,000
847 Reading St Se 1.05 0 $354,900

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.

The tax assessed value of this property places it in percentile 3 of all properties in this area. This suggests it would appeal to someone earning around $12,110 per year who should qualify for a mortgage between $24,220 and $30,275.

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%.

This property falls in percentile 3 of all properties in this area. This corresponds to a rent of $248 per month and a monthly household income of $1,699 ($20,388 per year)

Nearby Companies

Expert Grading Service, LLC
2118 Trillo Rd Se
Artistik Designz LLC
2118 Trillo Rd Se
Media Results Corp
911 Windmill Street Se
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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