Villa De Palmas Sykes Cove
Homes for Sale in Merritt Island, FL
All 216 homes for sale in Merritt Island, FL · median $525,000 · 96 homes for sale in 32953 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, Villa De Palmas Sykes Cove in Merritt Island, FL has 4 homes for sale, asking from $599,000 to $1,769,000 (median $892,500). Homes listed or recently sold were built 1967 - 2010; 9 of 16 report an HOA (median $46/mo); none of the 16 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft).
Last 30 days in Villa De Palmas Sykes Cove: 3 closed sales (median $568,000). As of October 17, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Villa De Palmas Sykes Cove
Live MLS inventory for Villa De Palmas Sykes 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.
ActiveTop listing
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Active
ActiveActive and pending Villa De Palmas Sykes Cove listings as of 2026-10-17, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Villa De Palmas Sykes Cove is a waterfront-focused community spanning four decades of construction, from 1966 through 2010, with a median build year of 1986. The median home offers 2,998 square feet - substantial footprints that reflect the community's orientation toward boating, direct water access, and the canal network running through Sykes Cove. Price here is driven by waterfront versus interior lots, dock configuration, canal depth, and the degree of renovation completed since the original build.
With 7 active listings among 486 homes and 3.2 months of supply, the market sits in balanced territory. The high homestead share - 82.7 percent - means most owners occupy full-time, which tends to limit inventory and support steady pricing. Buyers should expect variability: some homes will show their age and deferred maintenance, others will present as comprehensively updated. The split matters more than the address.
Villa De Palmas Sykes Cove right now
🟡 Balanced market. 3.2 months of supply and 22% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Medium (9 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Villa De Palmas Sykes Cove is a canal-rich Merritt Island community built over forty years, delivering substantial square footage, direct boat access, and a small but steady inventory of waterfront and near-water homes.
Flood zones in Villa De Palmas Sykes Cove: of 11 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.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Villa De Palmas Sykes Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Villa De Palmas Sykes Cove
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Villa De Palmas Sykes Cove
Villa De Palmas Sykes CovePhotos from Space Coast MLS listings in Villa De Palmas Sykes Cove; content deemed reliable but not guaranteed.
Who Villa De Palmas Sykes Cove is best for.
Best for
- Boaters prioritizing navigable canal access and existing dock infrastructure over new construction finishes
- Buyers comfortable evaluating older homes and budgeting separately for updates, seawall work, and long-term capital improvements
- Space-driven households seeking larger floor plans and waterfront orientation in an owner-occupied community
Probably not for
- Buyers expecting modern flood construction, impact glass, and turnkey interiors without separate renovation budget
- First-time purchasers unfamiliar with seawall inspection, HOA canal maintenance, and the cost structure of waterfront ownership
- Investors seeking rapid appreciation or short-term rental inventory in a market dominated by long-term homesteaded owners
The market around Villa De Palmas Sykes Cove
Villa De Palmas Sykes Cove is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Villa De Palmas Sykes Cove specifically. Momentum Research analysis of MLS records.
Villa De Palmas Sykes 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 Space Coast MLS. Map data © OpenStreetMap contributors.
Life at Villa De Palmas Sykes Cove
- Playground · reported on 6 of 14 listings
- Maintenance Grounds · reported on 2 of 14 listings
- 24 Hour Security · reported on 2 of 14 listings
- Boat Dock · reported on 1 of 14 listings
- Water · reported on 1 of 14 listings
- Park · reported on 1 of 14 listings
- Management - Off Site · reported on 1 of 14 listings
- Management - On Site · reported on 1 of 14 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Carroll · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Villa De Palmas Sykes Cove listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Villa De Palmas Sykes Cove address.
Shop the zone: Homes zoned for Merritt Island High School
Recent Developments in Villa De Palmas Sykes Cove
Development, infrastructure, retail, and school activity affecting Villa De Palmas Sykes Cove, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 3 miles southwest of Villa De Palmas Sykes Cove.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 10 miles northeast of Villa De Palmas Sykes Cove.
Source: FOX 35 Orlando - September 2026Parks & Amenities
1963 state lease limits redevelopment of Titusville marina district
A state lease signed in 1963 restricts how Titusville can develop its marina district near Sand Point Park, and changes require state approval. The mayor wants a year-round waterfront destination modeled on Cocoa Village, with options including boat slips, tours, restaurants, shops and family attractions. No timeline or cost has been published, and community meetings are planned over the coming months.
What it may mean for the marketIf the lease is amended, added waterfront dining and attractions could expand recreation and retail access for northern Brevard. The project is about 16 miles northwest of Villa De Palmas Sykes Cove, elsewhere in Brevard County.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 10 miles south of Villa De Palmas Sykes Cove, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 11 miles south of Villa De Palmas Sykes Cove, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 6 miles east of Villa De Palmas Sykes Cove, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Villa De Palmas Sykes Cove buying strategy.
If we were buying in Villa De Palmas Sykes 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 Villa De Palmas Sykes Cove.
What the data tells us
The year-built spread - 1966 to 2010 - means Villa De Palmas Sykes Cove is less a single-vintage subdivision and more a long-evolving waterfront enclave. The median build year of 1986 places the typical home in the generation of poured-slab, open-plan Florida construction that predates impact glass and modern flood standards. Median living area of 2,998 square feet skews well above county norms, reflecting the community's appeal to buyers seeking space and water access in a single package.
Community amenities include boat docks, 24-hour security, on-site and off-site management, playground, park, and maintained grounds - features that vary by section and should be confirmed with the HOA before contract. The infrastructure exists; the question is condition and assessment trends, which are not visible in MLS data but are negotiable realities for any waterfront buyer.
At 3.2 months of supply with 7 active listings, the market leans neither sharply toward buyers nor sellers. The 82.7 percent homestead rate is notably high, which tends to limit churn and create pockets of long-term ownership. That stability can mean deferred exterior updates and a slower response to market shifts, but it also translates to fewer speculative flips and a neighborhood that functions as a residential base rather than an investment rotation.
The location and the amenities are priced into every listing in Villa De Palmas Sykes Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty knows the difference between a canal lot with tide and one that dries out, between a seawall that will pass survey and one that is two years from rebuild. We will walk the dock, check the assessments, verify navigable depth, and tell you when the price does not account for the deferred work. In a waterfront community built over four decades, the contract is only half the story - our job is to surface the rest before you sign.
Villa De Palmas Sykes Cove in 15 seconds.
What it really costs to own in Villa De Palmas Sykes Cove
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,813/yr across 11 listings here (MLS tax records, 2026-10-18). |
|---|---|
| HOA dues | Median $552/year (about $46/month) across 236 MLS listings (most billed annually; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 11 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 1990 across 12 listings. An original roof here would be about 36 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $643/month (tax $401, HOA $46, insurance $196). An estimate from the sources above, not a quote.
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Ask an agent about Villa De Palmas Sykes Cove
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Villa De Palmas Sykes Cove will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $552/year (about $46/month) · median of 236 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $552 a year ($46 a month) - the median AssociationFee across 236 MLS records, normalised to a monthly figure; most are billed annually. 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, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Flood & Insurance Context
Of 11 sampled listing addresses in this community: 100% outside the FEMA Special Flood Hazard Area (Zone X/B/C).
Address-sampled; individual parcels vary - verify any specific address at msc.fema.gov. Check any address at FEMA's Flood Map Service Center, and see average home-insurance costs by Florida county.
Source: FEMA National Flood Hazard Layer, address-level lookups (n=11) · as of 2026-10
Tools for a Villa De Palmas Sykes 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 Villa De Palmas Sykes Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Villa De Palmas Sykes 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 Villa De Palmas Sykes Cove home worth?
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Recently off market in Villa De Palmas Sykes Cove
Homes in Villa De Palmas Sykes 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. 11 on record.
- 158 Via De La Reina · off market
- 182 Sykes Loop Drive · off market
- 1923 Sykes Creek Drive · off market
- 1941 Sykes Creek Drive · off market
- 195 Sea Breeze Circle · off market
- 1971 E Sykes Creek Drive · off market
- 1971 Sykes Creek Drive · off market
- 2025 Sykes Creek Drive · off market
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 486 (FL DOR 2025 assessment roll) |
| Years built | 1966–2010 (median 1986) |
| Typical living area | 2,998 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Playground, Curbs, Park, 24 Hour Security, Carbon Monoxide Detector(s), Fire Alarm |
| For sale right now | 7 active, 2 pending · median asking $774,999 · 3.2 months of supply |
| Owner-occupied (homestead) share | 83% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Villa De Palmas Sykes Cove key facts,” movewithmomentum.com/neighborhoods/villa-de-palmas-sykes-cove-merritt-island, data as of July 15, 2026.
Just listed in Villa De Palmas Sykes Cove
The newest homes for sale in Villa De Palmas Sykes Cove right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 212 Sykes Point Lane $1,769,000 · 4 bd · 4 ba · 3,966 sq ft · new today Courtesy of Blue Oceans Realty LLC
- 2013 Sykes Creek Drive $785,000 · 3 bd · 2 ba · 2,299 sq ft · new today Courtesy of Coldwell Banker Realty
- 140 Sea Breeze Circle $599,000 · 4 bd · 2.5 ba · 2,634 sq ft · new today Courtesy of Veterans Realty Of Brevard
- 215 Cordoba Court $999,999 · 4 bd · 2 ba · 2,734 sq ft · new today Courtesy of Blue Marlin Real Estate
Checked against the MLS Oct 18, 2026. All new listings in this market.
Recently sold in Villa De Palmas Sykes Cove Merritt Island
- 219 Sykes Loop Drive · sold $568,000
- 158 Via De La Reina · sold $675,000
- 195 Sea Breeze Circle · sold $410,000
- 1923 Sykes Creek Drive · sold $1,450,000
- 2530 Sykes Creek Drive · sold $765,000
- 1941 Sykes Creek Drive · sold $999,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Sykes Creek Drive (16 homes on record)
- Sykes Creek Drive (3 homes on record)
31% of homes for sale in ZIP 32953 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 (2026-10-18).
Villa De Palmas Market Scorecard
Villa De Palmas is currently a balanced market (limited data). About 1.7 months of supply, a median asking price of $892,500.
Typical home value in the 32953 ZIP is $421,537, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-10-17. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Villa De Palmas Sykes Cove a buyer's or seller's market right now?
How many homes are in Villa De Palmas Sykes Cove?
What share of Villa De Palmas Sykes Cove is owner-occupied?
When were the homes in Villa De Palmas Sykes Cove built?
Who is the best real estate agent for Villa De Palmas Sykes Cove?
How do I find a top Merritt Island real estate agent who knows Villa De Palmas Sykes Cove?
Can Momentum Realty connect me with an agent for Villa De Palmas Sykes Cove?
Where is Villa De Palmas Sykes Cove, and what county is it in?
Is Villa De Palmas Sykes Cove in a flood zone?
Should you buy in Villa De Palmas Sykes Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 17, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast 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.
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