Port Malabar Country Club Homes for Sale

Port Malabar Country Club is a residential community in Palm Bay, Florida.

Pure Equity Realty covers Port Malabar Country Club and the Palm Bay area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Port Malabar Country Club Palm Bay homes for sale as of October 2026. The median asking price is $255,000.

That is 27% below the Palm Bay median of $350,000. On a per-foot basis, homes here ask about $198 per square foot, compared with $188 across Palm Bay. So the median price buys roughly 1,300 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 35 days on the market. That is faster than the Palm Bay average of 213 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Port Malabar Country Club date from 1980, so they are about 46 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Port Malabar Country Club price means in Florida closing terms. At $255,000, a 20% down payment comes to about $51,000, leaving a loan near $204,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $714. Next, the intangible tax of 0.2% adds about $408. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Port Malabar Country Club median, that is about $1,785.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.