Palm Cove
Homes for Sale in Panama City Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, Palm Cove in Panama City Beach, FL has 9 homes for sale and 1 pending, asking from $279,000 to $363,000 (median $300,000). Over the 12 months ending 2026-09-12, 27 recorded sales closed at a median of $290,000, a median 73 days on market, sellers accepting 91% of original asking (-5% versus the prior year). Homes listed or recently sold were built 2003–2006; 10 of 10 report an HOA (median $166/mo); none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,560 ($3,080 with the full homestead exemption).
Homes For Sale Right Now in Palm Cove
Live MLS inventory for Palm Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Palm Cove listings as of 2026-09-17, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Price in Palm Cove is driven by condition and vintage, not by amenities. With a housing stock spanning 1962 to 2024 and a median build year of 2004, the median sits at $290,000 for a median of roughly 1,432 square feet. That spread of eras is what creates the range you'll see property to property — an updated newer unit and a dated older one can look very different at the closing table even inside the same community.
The current posture favors the patient buyer. Median days on market runs about 95 days, and the year-over-year figure is down 9.3%, so sellers are not holding the leverage. Homes sit long enough here that a well-prepared buyer has room to negotiate on price and terms; a seller needs sharp pricing and move-in-ready condition to avoid being the listing that ages on the market.
Palm Cove right now
🟡 Off the recent peak. The trailing-12-month median ($290K) is down 5.2% from the prior 12 months ($306K) and up 159% since 2012. With about 24 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 12. Confidence: Medium (27 and 14 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 19, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Palm Cove market snapshot (as of September 12, 2026): the median sale price is about $290K, and a median 73 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 159% since 2012, computed from record-level CPAR MLS closed sales (27 closings in the current window).
In ZIP 32013 (Panama City Beach), 248 homes closed in the last 12 months at a median of $425K, down 4.4% year over year, with a median 75 days on market. Right now 166 active and 26 pending listings — a buyer's market. See the live ZIP 32013 housing market and the Bay County market.
Flood zones in Palm Cove: of 9 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.
Palm Cove is a community of 120 homes in Panama City Beach, Bay County, built between 2005 and 2007 (median 2005.0), with a median living area of about 1,432 square feet. 17% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Palm Cove is a mid-size Panama City Beach community of 385 homes with no shared amenities identified in current MLS listings, so what you're buying is the house and the location rather than a lifestyle package. The low homestead share, at about 18%, points to a mix that leans toward non-owner-occupied use.
The setting & the homes.
Aerial and on-site photos of Palm Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Palm CovePhotos from CPAR MLS listings in Palm Cove; content deemed reliable but not guaranteed.
Who Palm Cove is best for.
Best for
- Value-focused buyers comfortable inspecting older systems and negotiating in a slow market
- Buyers seeking a Panama City Beach location without paying for community amenities
- Investors who underwrite on condition and are patient on days-on-market
Probably not for
- Buyers who want an amenity-rich community with shared facilities
- Anyone needing a quick turnaround who can't tolerate roughly 95 days on market
- Buyers counting on rapid short-term price gains in a market that is down year over year
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($290K) IS the median in the snapshot above, and the move from 2025 ($306K) IS the -5.2% one-year change.
Windows contain 8 to 41 sales each (27 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
10% of homes for sale in Palm Cove are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).
Palm Cove Market Scorecard
Palm Cove is currently a thin data market. Limited supply, a median asking price of $300,000, and homes go under contract in about 150 days.
Typical home value in the 32407 ZIP is $393,967, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Palm Cove, Panama City Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Palm Cove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap, tiles © CARTO.
The Palm Cove buying strategy.
If we were buying in Palm Cove today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Palm Cove.
A condition-driven market that rewards patience
The wide build-year range is the single most important thing to understand here. A median year built of 2004 tells you the middle of the stock is early-2000s, but with homes going back to 1962 and up to 2024, two listings at similar asking prices can be very different products. Read the roof, systems, and finishes closely rather than anchoring to the community median.
Market heat is low — a score of 12 — and days on market near 95 confirm it. With only 26 closings in the measured window, comps are thin, which makes an experienced pricing read more valuable than usual. The year-over-year change of -9.3% underscores that this is not a market where you overpay and count on the calendar to bail you out.
The location and the amenities are priced into every listing in Palm Cove. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Palm Cove buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (4.9). Basis: Long-Term Appreciation +159% since 2012; Recent Direction -5.2% year-over-year; Owner Commitment 17% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With thin transaction volume and a stock that ranges across six decades, the hard part in Palm Cove is valuing the specific house in front of you — not the community average. We price off condition and vintage, negotiate against a market where listings sit near 95 days, and tell you plainly when a given unit is asking more than its shape supports.
Palm Cove in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $166/month (about $1,992/yr) · median of 69 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $166 per month ($1,992 a year) — the median AssociationFee across 69 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Palm Cove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Cove home worth?
Get a no-obligation home value based on real comparable sales in Palm Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Palm Cove on the map →
Recently off market in Palm Cove
Homes in Palm Cove that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.
- 11631 Sand Castle Lane · off market
- 11708 Sand Castle Lane · off market
- 186 White Cap Way · off market
- 209 Coquina Shell Way · off market
- 212 Seahorse Way · off market
Frequently Asked Questions
What is the median home price in Palm Cove?
How long do homes in Palm Cove take to sell?
How many homes are in Palm Cove?
What share of Palm Cove is owner-occupied?
When were the homes in Palm Cove built?
Have Palm Cove home prices gone up?
Who is the best real estate agent for Palm Cove?
How do I find a top Panama City Beach real estate agent who knows Palm Cove?
Can Momentum Realty connect me with an agent for Palm Cove?
Where is Palm Cove, and what county is it in?
Is Palm Cove a good place to live?
Should you buy in Palm Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 17, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32013/32407/32408/32413)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (374 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Palm Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
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