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
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
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).
| Location | Melbourne, Brevard County, FL · ZIP 32935, 32940 |
|---|---|
| Homes in the community | 66 (FL DOR 2025 assessment roll) |
| Years built | 1989–2020 (median 1995.5) |
| Typical living area | 2,666 sq ft (median) |
| Amenities listed by sellers | Management - Full Time, Other |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 68% |
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.

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.
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.
Who Palm Shore Estates is best for.
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.
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.
The Palm Shore Estates buying strategy.
If we were buying in Palm Shore Estates 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 Shore Estates.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Palm Shore Estates 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 Shore Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Shore Estates, 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 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.
See all homes for sale in Melbourne →
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.
- 120 Palm Circle · off market
Frequently Asked Questions
How many homes are in Palm Shore Estates?
What share of Palm Shore Estates is owner-occupied?
When were the homes in Palm Shore Estates built?
Who is the best real estate agent for Palm Shore Estates?
How do I find a top Melbourne real estate agent who knows Palm Shore Estates?
Can Momentum Realty connect me with an agent for Palm Shore Estates?
Where is Palm Shore Estates, and what county is it in?
Should you buy in Palm Shore Estates?
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 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32935/32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Palm Shore Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Palm Shore Estates with Momentum Realty’s local guides.






