Palm Shore Estates in Melbourne

Palm Shore Estates
Homes for Sale in Melbourne, FL

All 738 homes for sale in Melbourne, FL · median $396,950 · 188 homes for sale in 32935 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32935
66 homesBuilt 1989–2020
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 82 closed sales in Palm Shore Estates in Melbourne, FL since 2004, the most recent in August 2026. Recorded prices since 2024 ran from $308,000 to $555,000 (median $440,000), on homes of 1,306 to 2,333 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 with the full homestead exemption).

Palm Shore Estates key facts
LocationMelbourne, Brevard County, FL · ZIP 32935, 32940
Homes in the community66 (FL DOR 2025 assessment roll)
Years built1989–2020 (median 1995.5)
Typical living area2,666 sq ft (median)
Amenities listed by sellersManagement - Full Time, Other
For sale right now0 active, 0 pending
Owner-occupied (homestead) share68%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Palm Shore Estates key facts,” movewithmomentum.com/neighborhoods/palm-shore-estates, data as of September 20, 2026.

Live · Palm Shore Estates Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
68%
Owner-occupied · Palm Shore Estates
47 of 69 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · Palm Shore Estates
incl. 1% trust or LLC-held · 3% out-of-state
66
Homes in the community
plus 3 vacant residential lots · 69 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1989
Community established
homes built 1989-2020, median 1996 (FL DOR 2025)
3.0%/yr
Turnover rate
about 2 of 66 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm Shore Estates is a small pocket in Melbourne, and with only a single closing in the current window, there is almost no live sales data to lean on. That thin activity is the headline fact here: price signals come from individual homes, not from a deep, established trend you can average out. Condition, lot, and updates will move the number far more than any neighborhood-wide pattern.

For a buyer, that means underwriting each listing on its own merits rather than assuming a going rate. For a seller, it means pricing is a judgment call backed by comparable work outside the immediate community, since the data inside it is too sparse to set a market by itself. Patience and a willingness to negotiate on specifics matter more than timing the trend.

Nearby homes for sale

No active listings inside Palm Shore EstatesHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4891 Erin Lane
$340K · 0.2 mi away
3 bd · 2 ba · 1,580 sqft
4891 Erin Lane
Listed by Coldwell Banker Paradise
4919 Erin Lane
$394K · 0.3 mi away
4 bd · 2 ba · 1,708 sqft
4919 Erin Lane
Listed by Relentless Real Estate Co.
2410 Summer Brook Street
$625K · 0.5 mi away
4 bd · 3 ba · 2,548 sqft
2410 Summer Brook Street
Listed by Keller Williams Realty Brevard
2635 Summer Brook Street
$610K · 0.5 mi away
4 bd · 2.5 ba · 2,226 sqft
2635 Summer Brook Street
Listed by J. Edwards Real Estate
2220 Plantation Drive
$405K · 0.5 mi away
3 bd · 2 ba · 1,863 sqft
2220 Plantation Drive
Listed by Dale Sorensen Real Estate Inc.
2265 Hickory Drive
$350K · 0.5 mi away
3 bd · 2 ba · 1,628 sqft
2265 Hickory Drive
Listed by BHHS Florida Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Palm Shore Estates is a low-volume community in Melbourne where the current MLS shows no identified shared amenities, so what you are buying is the individual house and its Brevard County location rather than a package of community features.

Space Coast MLS sales records identify 43 homes in Palm Shore Estates that have changed hands since 2006, built between 1989 and 2020 (median 2001), with a median living area of about 1,924 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Best for

  • Buyers who want a standalone Melbourne home and are willing to value it address-by-address
  • Patient shoppers ready to negotiate on a specific property's condition and updates
  • Sellers who will price to comparable work rather than expect a fixed neighborhood rate

Probably not for

  • Buyers who want community amenities as part of the purchase
  • Anyone who needs deep recent-sales data to feel confident on price
  • Sellers expecting a quick sale driven by high local transaction volume

The market around Palm Shore Estates

Palm Shore Estates is too small for its own price trend, so here is the market around it.

In ZIP 32935, 263 homes are on the market and 27% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32935 (Melbourne), 401 homes closed in the last 12 months at a median of $297K ($213/sq ft), up 1.4% year over year, with a median 42 days on market. Right now 43 active and 11 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 32935 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Palm Shore Estates specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Palm Shore Estates, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

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. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

If we were buying in Palm Shore Estates today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Shore Estates.

Best Buy
Buyers comfortable underwriting a single home on its own merits rather than a proven neighborhood trend.
Biggest Risk
With one recent closing, there is no reliable market rate to anchor price expectations.
Sweet Spot
A well-conditioned home priced against outside comparables, bought with patience.
Avoid If
You need shared amenities or a clear, high-volume market to feel confident.

A house-by-house market

With one closing in the window and no amenities surfacing from current listings, this is not a community you evaluate as a whole — it is one you evaluate one address at a time. The absence of shared amenities is not a knock; it simply means the value case rests on the home itself: its condition, its updates, and its position within Melbourne and Brevard County.

That thin data cuts both ways. There is no crowd of recent sales to anchor expectations, so a well-prepared buyer or seller who does the comparable work can find room to negotiate. But anyone expecting a clean, obvious market rate will be frustrated. Here, the diligence is the deal.

“

The location and the amenities are priced into every listing in Palm Shore Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin data is exactly where local judgment earns its keep. With only one recent closing to reference, we build the value case from comparable work across Melbourne and Brevard County, then pressure-test it against the specific home in front of you. We would rather tell you a listing is priced ahead of what the evidence supports than let sparse data do your negotiating for you.

Palm Shore Estates in 15 seconds.

Best forBuyers comfortable underwriting a single home on its own merits rather than a proven neighborhood trend.
Biggest advantageThin sales data leaves room to negotiate for those who do the comparable homework.
Biggest riskWith one recent closing, there is no reliable market rate to anchor price expectations.
Sweet spotA well-conditioned home priced against outside comparables, bought with patience.
Avoid ifYou need shared amenities or a clear, high-volume market to feel confident.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Palm Shore Estates homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Palm Shore Estates.
In short
  • HOA dues reported around $33/month (about $396/yr) · median of 34 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $33 per month ($396 a year) — the median AssociationFee across 34 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Shore Estates sales matched to your home.

What is your Palm Shore Estates home worth?

Get a no-obligation home value based on real comparable sales in Palm Shore Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Palm Shore Estates

Homes in Palm Shore Estates 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. 1 on record.

Frequently Asked Questions

How many homes are in Palm Shore Estates?
The Florida DOR 2025 assessment roll shows 66 homes plus 3 vacant residential lots in Palm Shore Estates (public records).
What share of Palm Shore Estates is owner-occupied?
68% of Palm Shore Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palm Shore Estates built?
Homes in Palm Shore Estates were built between 1989 and 2020, with a median year built of 1995.5 (FL DOR 2025 roll).
Who is the best real estate agent for Palm Shore Estates?
The best agent for Palm Shore Estates is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palm Shore Estates.
How do I find a top Melbourne real estate agent who knows Palm Shore Estates?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Shore Estates and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Palm Shore Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Shore Estates purchase or sale - no call center and no pressure.
Where is Palm Shore Estates, and what county is it in?
Palm Shore Estates is in Melbourne, Brevard County, FL, ZIP codes 32935, 32940. The community's center is about 7 miles north of the center of Melbourne (straight-line).
Buyers who want a standalone Melbourne home and are willing to value it address-by-addressExcellent fit
Patient shoppers ready to negotiate on a specific property's condition and updatesExcellent fit
Sellers who will price to comparable work rather than expect a fixed neighborhood rateExcellent fit
Buyers who want community amenities as part of the purchaseProbably not
Anyone who needs deep recent-sales data to feel confident on priceProbably not
Sellers expecting a quick sale driven by high local transaction volumeProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32935/32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (82 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 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.

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 Space Coast 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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CallFree valuation →
Thinking of selling in Palm Shore Estates? 2 recorded closings (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Palm Shore Estates with Momentum Realty’s local guides.

Live Oak0.3 mi away · 95 homes, built 1900–23Honeybrook Plantation0.4 mi away · 205 homes, built 1951–13, 2 for saleSBSummer Brook0.5 mi away · median $485K, 5 sales/12 mo

Browse all neighborhood guides →

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