Malabar Springs

A serene community with upgrades, paver drives, 3-car garages, first-floor suites & resort amenities near nature.

From

$335,990

Est. Payment

$2,499 /mo

Own a home at Malabar Springs
from $2,499 per month based on an interest rate of 4.875% and APR of 5.706%!

Principal & Interest

$1,721

Property Tax

$524

Hazard Insurance

$85

Mortgage Insurance

$149

HOA Fee

$20

Total estimated monthly payment

$2,499

Financing example based on a 5/1 FHA ARM mortgage with caps of [1/1/5], an index based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York, a margin of 3%, an interest rate of 4.875% which comes at a cost of 3.375% of the loan amount, a 3.5% down payment and an APR of 5.706%. Based on a sales price of $335,990, a loan amount of $325,215 and principal and interest payment of $1,721. Real estate taxes are estimated at $524 per month, mortgage insurance is estimated at $149 a month and hazard insurance is estimated at $85 per month, for a total monthly payment of $2,499. The total payment shown includes the monthly HOA fee of $20. Interest rate is based on a 60 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS#1127.

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407.955.9350

New homes in Palm Bay, FL with resort-style amenities, new floorplans, and an unbeatable location.

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We are open by appointment only

5215 Madras Drive Nw
Palm Bay, FL 32907

MON1:00PM - 6:00PM
TUE11:00AM - 6:00PM
WED11:00AM - 6:00PM
THUR11:00AM - 6:00PM
FRI11:00AM - 6:00PM
SAT11:00AM - 6:00PM
SUN12:00PM - 5:00PM

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5215 Madras Drive Nw Palm Bay, FL 32907

MON1PM - 6PM
TUE11AM - 6PM
WED11AM - 6PM
THUR11AM - 6PM
FRI11AM - 6PM
SAT11AM - 6PM
SUN12PM - 5PM

FRI11AM - 6PM
SAT11AM - 6PM
SUN12PM - 5PM

We are open by appointment only

Schedule a Visit

Please fill out your preferred day and time and we will contact you to confirm your appointment.

New Single Family Homes in Palm Bay, FL

Paver Driveways Resort-Style Amenities First-Floor Suites Options for 3-Car Garages

Welcome to Malabar Springs in Palm Bay, FL. Malabar Springs offers the perfect blend of comfort, convenience, and natural beauty. Enjoy access to outdoor adventures, thriving local shops, and schools, while living in modern floorplans with customizable features. Get where you want to go with easy access to both Orlando and East Coast beaches.

Neighborhood Highlights:

• Planned resort-style amenities like a pool with cabana, playground, and multi-use field

• Options for homesites overlooking the community pond

• 1 and 2-story modern floorplans with customizable features

An Ideal Location:

• Minutes away from everyday conveniences like Publix and walking distance to Heritage High School

• Ideally connected to the surrounding areas like Orlando and East Coast beaches via I-95 and US-192

• 5 minutes from Fred Poppe Park, offering multiple sports fields like volleyball and soccer, trails, and even disc golf

• A quick commute to Patrick Space Force Base and major Space Coast employers

Why Ryan Homes:

• Our in-house lender will partner with you to find the best loan and down payment option to work within your budget

• Our knowledgeable sales team can show you your total monthly payment at your first appointment

• All homes are inspected by an independent third-party to ensure you have the highest quality home possible

• All Ryan Homes come with an included ten-year structural warranty to give you peace of mind

View Site Plan

Available Home Types in Malabar Springs

Starting From $2,499/mo.

Bonita

From $335,990+

3 Bedroom

1,866 Sq. Ft.

2 Bathroom

1 Half Bath

2 Car Garage

Starting From $2,598/mo.

Brooks

From $349,990+

4 Bedroom

1,833 Sq. Ft.

2 Bathroom

2 Car Garage

Starting From $2,598/mo.

Cascade

From $349,990+

4 Bedroom

2,177 Sq. Ft.

3 Bathroom

2 Car Garage

Starting From $2,662/mo.

Decorated Model

Grove

From $358,990+

4 Bedroom

2,187 Sq. Ft.

2 Bathroom

1 Half Bath

2 Car Garage

Starting From $2,704/mo.

Marina

From $364,990+

5 Bedroom

2,520 Sq. Ft.

3 Bathroom

2 Car Garage

Starting From $2,741/mo.

Decorated Model

Patterson

From $369,990+

4 Bedroom

2,081 Sq. Ft.

2 Bathroom

1 Half Bath

2 Car Garage

Starting From $2,953/mo.

Heritage Bay

From $399,990+

4 Bedroom

2,753 Sq. Ft.

3 Bathroom

2 Car Garage

Starting From $2,982/mo.

Serena

From $403,990+

4 Bedroom

2,850 Sq. Ft.

3 Bathroom

2 Car Garage

Starting From $3,061/mo.

Laguna

From $414,990+

5 Bedroom

3,029 Sq. Ft.

3 Bathroom

2 Car Garage

Starting From $3,116/mo.

One Level Living

Sandalwood

From $422,990+

4 Bedroom

2,551 Sq. Ft.

3 Bathroom

3 Car Garage

What’s Included When You Buy a New Home

Building new construction means clarity from day one - so you know exactly what’s included, how the process works, and who’s guiding you every step of the way.

The floorplan of your choice, thoughtfully designed to fit your lifestyle
A home built with quality materials and backed by third-party inspections
Designer Interior collections that simplify personalizing your home
A comprehensive home warranty for added peace of mind
Smart home and energy-efficient features provide convenience and long-term savings
A dedicated Community Team committed to delivering an exceptional experience

We'll Guide You Home, Every Step of the Way

Building a home is a big milestone, and we're here to make it easy. At Ryan Homes, we'll guide you through every step, answer your questions, and keep things simple. You can focus on what matters—getting ready to enjoy your new home.

Take the Next Step

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New Ryan Homes buyers celebrating with family and showcasing homeownership pride

New homeowners celebrating their Ryan Homes purchase, holding keys

Homebuyers celebrating their Ryan Homes purchase inside a sales office

Couple celebrating new Ryan Homes property purchase on lot 38, standing beside 'SOLD' sign

Family celebrating new home purchase with Ryan Homes

Couple celebrating new home purchase with Ryan Homes, holding a large key-shaped sign

Happy couple celebrating their new Ryan Homes purchase, holding a branded key-shaped sign

Couple celebrating new home purchase with Ryan Homes, holding a 'We did it!' frame

New homeowners celebrating their Ryan Homes purchase, holding branded signs and a key-shaped prop

Couple celebrating new home purchase with Ryan Homes, holding a 'HOME' sign

Couple celebrating move-in day in their new Ryan Homes kitchen, holding a 'Welcome Home Ryan Homes' sign

New Ryan Homes buyer celebrating home purchase, holding vibrant flower bouquets

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New homeowners celebrating their Ryan Homes purchase, posing with a large key-shaped sign

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