Palm Island
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Palm Island is a small, new-construction enclave in Jacksonville — just 17 homes, all built between 2020 and 2022, with a median build year of 2021. What drives value here isn't age or location quirks; it's scale and condition. These are large homes, with a median living area of roughly 4,389 square feet, and the price you pay will track finish level, lot, and how the individual home shows more than any broad neighborhood trend.
With so few homes, this is a thin market. A single listing coming or going moves the whole picture, so comps are scarce and each sale carries weight. For a seller, that means pricing off the specific home's condition and square footage rather than a crowd of look-alikes. For a buyer, it means patience — inventory is limited, and when the right home surfaces you move deliberately, not reactively.
Who Palm Island is best for.
Best for
- Buyers wanting a large, recently built home who value low renovation risk
- Owner-occupants planning to hold for the long term rather than flip
- Patient buyers comfortable waiting for limited inventory to surface
Probably not for
- Buyers needing to close quickly with many homes to choose from
- Bargain hunters looking for dated homes to renovate at a discount
- Short-term holders counting on frequent turnover and easy resale comps
The market around Palm Island
Palm Island is too small for its own price trend, so here is the market around it.
In ZIP 32250, 244 homes are on the market and 23% are under contract — a steady corner of Jacksonville.
Across Duval County, 3,928 homes are active and 1,694 pending (30% under contract).
ZIP and county figures describe the wider market, not Palm Island specifically. Momentum Research analysis of MLS records.
Recent Developments in Palm Island
Development, infrastructure, retail, and school activity affecting Palm Island, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
JWB secures funding for 108 affordable housing units in Jacksonville
Jacksonville Today reported that JWB Real Estate Capital secured about $28.59 million in gap funding for 108 income-restricted units across three Westside sites on Tracy, Justina and Ricker roads. Plans include 38 townhome-style units and two sets of 35 efficiency units, priced at or below 60% of area median income for 50 years. Groundbreaking is expected by September 2026 with completion in 2027.
What it may mean for the marketAdds new income-restricted rental and townhome housing supply on the Westside, increasing the stock of long-term affordable units and drawing public and tax-credit investment into three infill sites. The project is about 19 miles west of Palm Island, elsewhere in Duval County.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The project is about 13 miles west of Palm Island, elsewhere in Duval County.
Source: News4Jax - June 2026Development
Hillwood contracts with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center
Master developer Hillwood contracted with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center on Jacksonville's Westside, continuing the buildout of the former Naval Air Station Cecil Field into an industrial and logistics park.
What it may mean for the marketContinued absorption of large industrial parcels at Cecil signals sustained employment growth on the Westside, which can support housing demand across nearby communities. The project is about 27 miles west of Palm Island, elsewhere in Duval County.
Source: Jax Daily Record - April 2026Development
Southeast Toyota opens $170M vehicle-processing facility at JAXPORT's Blount Island, adding 400-plus jobs
Southeast Toyota Distributors dedicated a new vehicle processing facility at JAXPORT's Blount Island Marine Terminal in April 2026. The company put the investment at $170 million and said the facility created more than 400 full-time jobs, most of them hired locally.
What it may mean for the marketA large new employment center on Blount Island adds sustained local job demand, a factor that has historically supported nearby housing absorption. The site is about 9 miles northwest of Palm Island.
Source: JAXPORT - April 2026Development
Hillwood seeks to mass-grade an AllianceFlorida site for a possible 1 million-square-foot building
Hillwood asked to mass grade a site at AllianceFlorida at Cecil Commerce Center to prepare for a possible 1 million-square-foot building, a step that typically precedes a large industrial or distribution user committing to the Westside park.
What it may mean for the marketA build-ready million-square-foot pad points to a potential large employer on the Westside, the kind of jobs anchor that can lift demand for nearby housing. The project is about 27 miles west of Palm Island, elsewhere in Duval County.
Source: Jax Daily Record - February 2026Infrastructure
JAXPORT details $250M Blount Island modernization and record cargo in 2026 State of the Ports
At its February 2026 State of the Ports address, JAXPORT outlined a $250 million modernization of Blount Island's container and vehicle-handling capabilities and reported record fiscal-2025 cargo volumes. The port also said an air-draft expansion to accommodate larger ships is on track to finish by the end of 2026.
What it may mean for the marketContinued heavy investment in the Blount Island port complex anchors long-term industrial employment on the northeast side, a structural demand driver for the surrounding area. The site is about 9 miles northwest of Palm Island.
Source: News4Jax
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 Palm Island buying strategy.
If we were buying in Palm Island 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 Island.
A small, new enclave that trades on condition
Everything here is recent — the oldest homes date to 2020, the newest to 2022, with 2021 as the median. That tight window means construction, systems, and finishes are broadly of one era, so buyers aren't wading through decades of renovation history. The differentiator between one home and the next is layout, lot, and how each has been maintained.
The homes are substantial, with a median living area around 4,389 square feet. About 82% of homes here carry a homestead exemption, which points to a community held largely by owner-occupants rather than short-term holders. That tends to keep turnover measured and inventory scarce, which is exactly why timing and preparation matter more than in a larger subdivision.
The location and the amenities are priced into every listing in Palm Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 17-home community, there is no deep bench of comps to lean on, so pricing and negotiation come down to reading the individual home against a thin set of sales. We track this feed closely, know when something is genuinely priced for its condition and square footage, and will tell you plainly when a home — or the whole enclave — isn't the right fit for your goals.
Palm Island in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
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 Island 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 Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Island, 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 Island home worth?
Get a no-obligation home value based on real comparable sales in Palm Island, 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 Island on the map →
Should you buy in Palm Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | realMLS records, as of 2026-08-14 |
| Historical depth | Closed-sale records back to 2022 (5 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 realMLS 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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The real cost & risk here
Before the list price, the Florida math the portals skip. These are Duval 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 · Duval 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.