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Builder Picks Up Two Port Malabar Lots for $33K

Writer: Cassandra Hartford
Cassandra Hartford
Sep 15
4 min read

Updated: 6 days ago

Two deeds recorded September 3, 2026 in Brevard Clerk Official Records transfer Port Malabar lots in Unit 18 from C & D Brevard Homes LLC to Cubillos Builders LLC. The indexed instrument for Lot 18, Block 920 (OR Book 10719, Page 2831, Instrument No. 2026182956) states $33,000 in consideration. A second recording in the same window names the same grantor-grantee pair, per the Brevard Clerk Official Records index.

Port Malabar is a large platted subdivision covering much of Palm Bay, recorded across dozens of units in Plat Book 15. Unit 18 falls in Section 16, Township 29 South, Range 37 East. The lots here are typical Port Malabar product: residential-platted, single-family sized, and scattered across a grid that was laid out decades ahead of the infrastructure that eventually followed.

Port Malabar Lots: What the Two Deeds Could Mean

Two deeds, same grantor, same grantee, same recording date. That pattern is consistent with a small lot purchase where the seller held adjacent or nearby parcels and bundled them, or with a builder systematically picking off lots from a seller who accumulated them over time. It is also possible these are two entirely separate parcels with no geographic relationship inside Unit 18.

The $33,000 figure is stated consideration on the one indexed instrument. Whether the second deed carries the same price, a different price, or nominal consideration is not confirmed by the Brevard Clerk index alone. BCPAO records would show both parcel IDs, lot dimensions, and any assessed value adjustments following the transfer. Without that, the total outlay for both lots is unverified.

Cubillos Builders LLC is the grantee. The name signals a builder, not an investor holding for appreciation. Builders buying individual lots in Port Malabar are almost always building residential product, though the intended use here is not confirmed in the deed records. Arm's-length status is also unconfirmed. A $33,000 lot price is within range for Port Malabar residential parcels, but that alone does not establish market value.

RCRE Take

The honest read here is that this is a builder picking up one or two lots in south Brevard at a price consistent with the market. It is not a commercial land play. Port Malabar Unit 18 is platted residential. If Cubillos is building, the finished product will be residential. The commercial land implications are limited unless you own adjacent parcels and want to understand who your new neighbor is going to be.

Where this gets marginally more interesting is if the two deeds represent contiguous lots. A small assemblage in Port Malabar does not unlock anything commercially, but it does tell you the builder is being deliberate about site selection inside the subdivision. Palm Bay has seen consistent residential construction activity as affordability pressure from Melbourne pushes buyers south. Builders who are actively acquiring there are responding to that demand.

For anyone watching land activity in Brevard as a leading indicator, these deeds are more useful as a data point in a pattern than as a standalone event. Pull the BCPAO records on both parcels, confirm the lot dimensions and adjacency, and then decide whether Cubillos is positioning or just filling a pipeline.

Submarket Context

Port Malabar is not a commercial submarket. It is a residential plat, and activity there does not directly affect office, retail, or industrial inventory in Palm Bay. The commercial corridors in south Brevard, Malabar Road, Minton Road, Palm Bay Road, are governed by entirely different supply and demand dynamics than what a residential builder does inside the platted grid.

That said, residential construction volume in Palm Bay does eventually drive demand for neighborhood-serving retail and service commercial uses. A builder actively acquiring lots signals confidence in residential absorption in the submarket. That confidence matters to anyone evaluating a retail or medical office site in south Brevard. It is an indirect signal, not a direct comp.

For context on how individual deed recordings fit into broader Brevard deal activity, the RCRE blog tracks transactions across property types and submarkets as they hit public records.

If you are tracking land sales in Palm Bay or south Brevard, whether for competitive intelligence, site selection, or valuation, RCRE monitors Brevard Clerk and BCPAO records across the county. Call 321-514-0876 or reach out at spacecoastcre.com/contact to talk through what the activity means for your position.

Frequently Asked Questions

What is Port Malabar and where is it located?

Port Malabar is a large platted residential subdivision covering much of Palm Bay in south Brevard County. It was platted across dozens of units beginning decades ago, with infrastructure and development following gradually over time.

Does a $33,000 lot sale in Port Malabar reflect current market value?

The $33,000 figure is the stated consideration on the recorded instrument, not a confirmed arm's-length market transaction. BCPAO records and comparable sales in the same unit would need to be reviewed to assess whether this reflects current market pricing.

Why would a builder buy individual lots in Port Malabar rather than larger parcels?

Port Malabar is already subdivided, so individual lots are what is available. Builders working in this market acquire lots one or a few at a time to build single-family homes, which is how residential production in south Brevard has operated for years.

How do I find out if Cubillos Builders owns lots adjacent to a parcel I own or am evaluating?

BCPAO's property search allows you to look up ownership by grantee name and cross-reference parcel locations. The Brevard Clerk Official Records index can also be searched by grantor and grantee to identify all recent transfers involving a specific entity.

Brevard County commercial real estate development and zoning news from Reach Commercial Real Estate on Florida's Space Coast.

Sources

Written by Cassandra Hartford, founder and CEO of Reach Commercial Real Estate. She has worked in Brevard County commercial real estate for 18 years, representing buyers, sellers, landlords, and tenants across Florida's Space Coast.

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