Palma Bella Homes for Sale in Daytona Beach Shores, FL

Established 1988 · Intracoastal West · ZIP 32224

A 2007 Spanish Mediterranean oceanfront condominium at 3245 South Atlantic Avenue in Daytona Beach Shores, with large three-bedroom residences and only eight units per floor.

Oceanfront2007 constructionEight units per floor

Live Market Pulse

51/100
Momentum

Buyer-Leaning Market (limited data)

Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.

Free · No obligation

Unlock Off-Market Palma Bella

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive DBAAR data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseDBAAR

$710K

Median Price

6mo

Supply

7days

Avg DOM

Soft

Seller Leverage

$294/sf

Median $/Sqft

+16%

1-Yr Price Change

0now

Distress

Jon's Current Read

"Palma Bella is one of the newer luxury oceanfront condominiums in Daytona Beach Shores, completed in 2007 with only eight residences per floor, so the read is space and privacy rather than the dense one-bedroom stacks of the older Shores buildings. Units run large, in the roughly 2,100 to 2,900 square foot range, with direct-ocean exposure and a full amenity deck (Palma Bella, 2026). The trade is carrying cost: a 2007 high-rise still falls under Florida's condominium milestone-inspection and reserve law, and the monthly fee on a low-density oceanfront building is not small, so underwrite the association before the view."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palma Bella market snapshot (as of June 25, 2026): the median sale price is about $710K ($294 per sq ft), with homes averaging 7 days on market and 6.0 months of supply, a buyer-leaning market (limited data). Values are up 16% over the past year and up 30% since 2017, based on 2 recent closings in live Daytona-area MLS data.

Palma Bella is a direct-oceanfront condominium at 3245 South Atlantic Avenue in Daytona Beach Shores, Volusia County, on the barrier island with the Atlantic on one side and the Halifax River close to the west.

The 12-story building was completed in 2007 and holds 80 residences, with only eight units per floor, which is a low-density layout compared with the older towers along this stretch of South Atlantic (Highrises.com, 2026; Palma Bella, 2026). Floor plans are large, reported in the roughly 2,182 to 2,862 square foot range with three bedrooms, and the Spanish Mediterranean building was developed by Cook Development.

Amenities are full-service: a roughly 100-foot oceanfront heated pool and hot tub, a fitness center, a club room, secured underground assigned parking, private storage, on-site management, and direct private beach access (Palma Bella, 2026). The building is pet-friendly with a posted size limit and breed restrictions, so confirm the current pet policy if that matters.

Because Palma Bella dates to 2007 and stands well over three stories, the central buyer question is structural and financial: it falls under Florida's condominium milestone-inspection and reserve-study requirements, so the milestone status, reserve funding, master insurance, and assessment history are what a buyer is really underwriting.

Quick Match

Who Palma Bella is best for.

Best for

Buyers who want a larger, low-density oceanfront residence with three bedrooms
Owners who value a newer (2007) building with a full amenity deck and underground parking
Buyers who will read a high-rise association's structural, reserve, and insurance documents

Probably not for

Buyers who want a small, low-fee beach studio or one-bedroom
Investors seeking nightly or weekly vacation-rental income
Buyers unwilling to underwrite an oceanfront high-rise's reserve and insurance cost

Market Pulse

How Palma Bella is performing right now

51/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

6Months of supplytight

7Median days on marketdays

0 : 1Under contract vs for salestrong demand

2Sold in last 12 monthsliquidity

+30%Median price since 2017appreciation

+19%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from DBAAR, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Palma Bella listings and the trailing twelve months of closed sales.

Where prices are going$765K2026 YTD

Median sale price by year. Tap a label to compare Oceans Grand or Daytona Beach Shores. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3512026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now1 : 0active : pending

For sale1

Pending0

Sold 12mo2

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Palma Bella buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Palma Bella

Live MLS inventory for Palma Bella. 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.

3245 S Atlantic Avenue #1002 home for sale in Palma Bella

Active · 7 daysTop listing

$850,000

3 bd · 3 ba · 2,425 sqft · built 2007

3245 S Atlantic Avenue #1002, Daytona Beach Shores, 32118

Strong resaleReno opportunityBest value

Listed by Realty Pros Assured

Interactive Map

Palma Bella on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from DBAAR; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Palma Bella. They are approximate and vary with traffic and your exact start point.

The Atlantic beach~1 min · direct oceanfront access

Daytona Beach Shores shopping~3 to 5 min · along S Atlantic Ave

Port Orange (Dunlawton) retail~10 min · west over the Dunlawton bridge

Downtown Daytona Beach~10 to 15 min · north along the peninsula

Interstate 95~15 min · via Dunlawton Ave

Daytona Beach International Airport~15 to 20 min · near the Speedway

Ponce Inlet lighthouse and marinas~10 to 15 min · south on the peninsula

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Palma Bella Homes for Sale in Daytona Beach Shores, FL with Momentum Realty’s local guides.

Oceans Four Condominium in Daytona Beach Shores, FLDaytona Beach Shores, FL · adjacent

Oceans One Condominium in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.1 mi

Sandpoint Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.1 mi

Bella Vista Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.1 mi

Danbury Breakers Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.2 mi

Oceans Grand Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.2 mi

Oceans Five Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.2 mi

StDaytona Beach Shores, FL · 1.2 mi

Surfside Club Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 1.2 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Palma Bella (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Volusia County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Palma Bella is served by Volusia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Palma Bella address.

The takeaway

What actually affects Palma Bella owners, sourced and dated. We do not publish rumor.

Recent Developments in Palma Bella

Development Intelligence

Our read on what is being built around Palma Bella, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe dominant factor is Florida's condominium safety law, which governs the milestone inspection and reserve funding for a high-rise like Palma Bella. How the association has handled those requirements is the biggest driver of carrying cost and value here over the next few years.

Florida milestone inspection and reserve-study requirements

NeutralAs a building over three stories, Palma Bella must complete milestone structural inspections and a structural integrity reserve study and fund the reserves; this can raise dues or assessments but produces a documented building. impact

SignificanceRadius: Building-wide

Florida milestone inspection and reserve-study requirements

Newer, low-density oceanfront building

BullishA 2007 building with only eight units per floor, large three-bedroom plans, underground parking, and a full amenity deck supports steady owner-occupant and seasonal demand on this stretch of Daytona Beach Shores. impact

SignificanceRadius: Daytona Beach Shores

Newer, low-density oceanfront building

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Palma Bella, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

2022 to 2024
Regulation
Florida condominium safety law (SB 4-D 2022, amended SB 154 2023)
Florida's condominium safety law requires buildings three stories and higher to complete milestone structural inspections and structural integrity reserve studies on statutory deadlines, and associations may no longer waive the reserve funding the studies identify. Why it matters: For a 2007 oceanfront building like Palma Bella, request the milestone inspection result, the reserve study, and the funding plan; the answers determine the real cost of ownership and the assessment risk. Source

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 Strategy

The Palma Bella buying strategy.

If we were buying in Palma Bella, this is the order of operations we would run, and the one we run for our clients.

Read the milestone inspection and reserve study. Request the current milestone inspection result, the structural integrity reserve study, and the reserve funding plan before you offer.

Pull three years of budgets and the assessment history. Ask what special assessments have been levied or are planned and how reserves are funded on this 80-unit building.

Get the master insurance picture. Review the association's master policy, deductibles, and recent premium trajectory on an oceanfront high-rise, then price your HO-6 contents coverage.

Confirm the rental and pet rules in writing. Reported minimum-lease terms vary by source; verify the current rental minimum and the pet size and breed policy directly with the association.

Comp by floor and exposure. Price the unit against the closest same-stack, similar-floor sale, since direct-ocean and higher-floor units carry a clear premium here.

The Quick Decision

Best Buy

An updated three-bedroom with strong direct-ocean exposure on a mid-to-higher floor, in a building whose milestone inspection and reserve funding you have verified, at an all-in monthly you have run.

Biggest Risk

An oceanfront high-rise's reserve and special-assessment exposure plus master-insurance cost, which can push the real monthly well above the price.

Best Lot

Higher-floor, direct-ocean units carry the premium; lower and angled-view units are the relative value if the documents check out.

Smart Timing

Palma Bella offers a newer, low-density oceanfront residence; pricing tracks the building's documented health as much as the individual unit.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Palma Bella is a 2007 Spanish Mediterranean oceanfront condominium at 3245 South Atlantic Avenue in Daytona Beach Shores, Volusia County. The 12-story building holds 80 residences with only eight units per floor, in large three-bedroom plans reported in the roughly 2,182 to 2,862 square foot range, developed by Cook Development (Palma Bella, 2026; Highrises.com, 2026). Amenities include a roughly 100-foot oceanfront heated pool and hot tub, a fitness center, a club room, on-site management, private storage, secured underground assigned parking, and direct private beach access. As a high-rise over three stories, it falls under Florida's condominium milestone-inspection and reserve-study requirements, which makes the association's documented structural and reserve health the central question for buyers.

Palma Bella Homes For Sale

What your money buys in Palma Bella.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Palma Bella today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: lower-floor or angled-view residences

$450K to $450K

Lower-floor or angled-exposure three-bedroom units, the relative value at Palma Bella. Buy on the building's documents first; confirm the reserve and assessment status before the finishes.

Lowest entry

Mid: mid-floor direct-ocean residences

$450K to $970K

Mid-floor, direct-ocean three-bedroom units, the core of the building. Floor, exposure, and condition separate these; verify the association's reserve and insurance status before you write.

Most inventory

High: high-floor direct-ocean residences

$970K to $970K

Higher-floor, direct-ocean units set the building's ceiling. Height, a full ocean view, and updates drive the premium; price each on its exposure, condition, and the association's documented health.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$710K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$450K to $450K

Entry: lower-floor or angled-view residences

Lower-floor or angled-exposure three-bedroom units, the relative value at Palma Bella. Buy on the building's documents first; confirm the reserve and assessment status before the finishes.

$450K to $970K

Mid: mid-floor direct-ocean residences

Mid-floor, direct-ocean three-bedroom units, the core of the building. Floor, exposure, and condition separate these; verify the association's reserve and insurance status before you write.

$970K to $970K

High: high-floor direct-ocean residences

Higher-floor, direct-ocean units set the building's ceiling. Height, a full ocean view, and updates drive the premium; price each on its exposure, condition, and the association's documented health.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Palma Bella, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Palma Bella is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Unit Value

The unit premium.

In a condo the value the market gives back at resale is set by the unit, not a lot: the floor, the view line (direct versus partial), and the exposure. The interior can be renovated, but the floor and view cannot, so higher floors and better views hold their value better. How much more they command varies by building, line, and condition, which is why we read it unit by unit against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Palma Bella holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong

Central Intracoastal West locationStrong

Scarce golf and lake homesitesStrong

$30M club reinvestment to 2028Positive

All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Palma Bella

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Palma Bella sells a newer, low-density oceanfront address with large three-bedroom plans and a full amenity deck. The view and the space are the draw; the purchase is the association's milestone, reserve, and insurance homework, read completely.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.1B · Buy Score

Resale Strength7.2/10

Renovation Risk6.0/10

Location Efficiency8.4/10

Long-Term Defensibility7.0/10

Carrying Cost Advantage5.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Palma Bella is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live DBAAR feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live DBAAR feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Unit Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from DBAAR; for orientation, not an appraisal.

15-Second Take

Higher-floor, direct-ocean units carry the premium here.
Lower and angled-view units are the relative value.
The building's reserve and assessment status moves all units together; read it first.

At Palma Bella, value sorts by floor, ocean exposure, and condition, but the association's documented health sits above all of it. Higher-floor, direct-ocean units command the premium, while lower and angled-view units are the entry-value play for buyers who confirm the building's structural and reserve status. Because it is a high-rise under Florida's condominium safety law, the milestone result and reserve funding move every unit's true cost together, so underwrite the building first, then price the specific unit on its exposure, layout, and finishes.

The 15-Second Verdict

Palma Bella in 15 seconds.

Best forBuyers who want a larger, newer, low-density oceanfront residence and will read a high-rise association's documents.

Strong onA 2007 building with only eight units per floor, large three-bedroom plans, an oceanfront heated pool, underground parking, and direct beach access.

WatchThe building's reserve funding, special-assessment risk, and oceanfront master-insurance cost under Florida's condominium safety law.

Not forBuyers who want a small, low-fee unit, or investors seeking nightly or weekly vacation-rental income.

The edgeLow density (eight units per floor) and large floor plans give it more space and privacy than the older Shores towers.

HOA, CDD & Fees

15-Second Take

The fee generally folds in master insurance, water, cable, and the oceanfront pool and amenity deck; confirm the inclusions.
On an oceanfront high-rise, the reserve funding and master-insurance cost behind the fee are the real numbers.
Verify the current rental minimum in writing; reported terms vary by source.

Palma Bella is an oceanfront condominium, so monthly condominium fees apply and typically cover master insurance, water and sewer, cable, exterior and grounds maintenance, the oceanfront pool and amenity deck, and reserves. One source reported a monthly figure in the high-700-dollar range (386realestate.com, 2026); treat that as approximate and confirm the current assessment, what it covers, and any planned special assessments with the association.

Master building insurance, water and sewer, cable, exterior and common-area maintenance, the oceanfront heated pool and hot tub, the fitness center and club room, on-site management, secured underground parking, and reserves (confirm the current breakdown with the association).

There is no separate golf or social club; amenities are the building's own oceanfront heated pool and hot tub, fitness center, club room, private storage, and underground parking. Confirm current amenities and rules with the association.

Run Your Numbers

Tools for a Palma Bella buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxVolusia County millage and the homestead picture.Rent vs buyThe breakeven on owning in Palma Bella.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Palma Bella

Thinking of selling at Palma Bella?

Your buyer is comparing the newer oceanfront Shores buildings on space, floor, exposure, and the association's health. Sell the documented story: the milestone inspection, funded reserves, the assessment history, the low-density layout, and the direct-ocean exposure.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across the Jacksonville metro for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Palma Bella, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Oceans Grand, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Palma Bella home worth?

Get a no-obligation home value based on real comparable sales in Palma Bella matched to your condition, lot, and view, 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 Palma Bella on the map →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Palma Bella year by year since 2015, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Volusia County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,789/mo

Volusia County typical true cost to own

$151/mo

Volusia County typical home insurance

Check CDD

Confirm before you offer

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Volusia 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.

Palma Bella Market Scorecard

Buyer-Leaning Market (limited data)

Palma Bella is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $850,000, and homes go under contract in about 12 days.

6.0

Months supply

$850,000

Median list

$710,000

Median sold

$294

Per sqft

Days on mkt

1/0/2

Active/Pend/Sold

Typical home value in the 32118 ZIP is $291,026, about 3.0% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Frequently Asked Questions

Where is Palma Bella?

It is a direct-oceanfront condominium at 3245 South Atlantic Avenue in Daytona Beach Shores, Volusia County, on the barrier island with direct beach access.

When was Palma Bella built?

The 12-story building was completed in 2007. As a high-rise over three stories, it falls under Florida's condominium milestone-inspection and reserve-study requirements.

How many units are in Palma Bella?

The building holds 80 residences with only eight units per floor, a low-density layout compared with the older towers along South Atlantic Avenue (Palma Bella, 2026; Highrises.com, 2026).

How large are the units?

Floor plans are reported in the roughly 2,182 to 2,862 square foot range with three bedrooms. Confirm the exact size and layout for any specific unit.

What amenities does Palma Bella have?

A roughly 100-foot oceanfront heated pool and hot tub, a fitness center, a club room, on-site management, private storage, secured underground assigned parking, and direct private beach access.

Can I rent out a unit at Palma Bella?

Reported minimum-lease terms vary by source between roughly one and two months, which keeps the building residential rather than a nightly-rental operation. Confirm the current rental minimum in writing with the association before you rely on it.

Are pets allowed?

Palma Bella is pet-friendly with a posted size limit and breed restrictions reported by listing sources (Palma Bella, 2026). Confirm the current pet policy with the association.

What are the condominium fees?

Monthly fees apply and generally include master insurance, water and sewer, cable, exterior and grounds maintenance, the oceanfront pool and amenity deck, and reserves. One source reported a figure in the high-700-dollar range per month (386realestate.com, 2026); verify the current amount and inclusions with the association.

What does the 2007 construction mean for buyers?

It is a relatively newer oceanfront building, but as a high-rise it still falls under Florida's condominium safety law. Request the milestone inspection result, the reserve study, the funding plan, three years of budgets, and the assessment and insurance history before you offer.

What schools serve Palma Bella?

It is served by Volusia County Schools, with assignments set by address; many units here are owner-occupied or seasonal. Verify current zoned schools with the district if that matters to you.

What should I verify before buying?

Review the milestone inspection result, the reserve study and funding plan, three years of budgets and any assessment history, the master insurance and deductibles, the rental and pet rules, and the unit's floor and ocean exposure.

Is Palma Bella a good buy?

For buyers who want a larger, newer, low-density oceanfront residence, it can be. The decision turns on the building's documented health and the all-in monthly, so verify the milestone inspection, reserves, insurance, and assessment history before you commit.

Who is the best real estate agent for Palma Bella Real Estate?

The best agent for Palma Bella Real Estate is one who actively works Daytona Beach Shores and knows the community's pricing, HOA and CDD details, 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 Palma Bella Real Estate.

How do I find a top Daytona Beach Shores real estate agent who knows Palma Bella Real Estate?

Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palma Bella Real Estate and the wider Daytona Beach Shores area.

Can Momentum Realty connect me with an agent for Palma Bella Real Estate?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palma Bella Real Estate purchase or sale - no call center and no pressure.

The Verdict

Should you buy in Palma Bella?

An honest fit check. We will tell you when it is not your community.

You want a larger, low-density oceanfront residence in a newer buildingExcellent fit

You value a full amenity deck, underground parking, and direct beach accessExcellent fit

You will read the milestone inspection, reserve study, insurance, and assessment historyExcellent fit

You want a small, low-fee beach unitProbably not

You want nightly or weekly vacation-rental incomeProbably not

You are not willing to underwrite an oceanfront high-rise's reserve and insurance costProbably not

Get the inside read on Palma Bella

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Palma Bella home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Palma Bella specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Information deemed reliable but not guaranteed.

Palma Bella Condo Daytona Beach Shores median home price history from 2015 to 2023, chart by Momentum Realty — Median sale price in Palma Bella Condo Daytona Beach Shores, Florida by year (2015 to 2023). Source: Momentum Realty.

Palma Bella Homes for Sale in Daytona Beach Shores, FL

The 60-Second Overview

Who Palma Bella is best for.

Best for

Probably not for

How Palma Bella is performing right now

Homes For Sale Right Now in Palma Bella

Palma Bella on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Palma Bella

Florida milestone inspection and reserve-study requirements

Newer, low-density oceanfront building

Florida condominium safety law (SB 4-D 2022, amended SB 154 2023)

The Palma Bella buying strategy.

The full read, only if you want it.

What your money buys in Palma Bella.

What ~$710K buys here.

Renovation & Resale Intelligence

The renovation premium.

The unit premium.

How well Palma Bella holds value.

5 Mistakes Buyers Make in Palma Bella

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Palma Bella is different.

Which Lots & Views Hold Value Best

Palma Bella in 15 seconds.

HOA, CDD & Fees

Tools for a Palma Bella buy.

Thinking of selling at Palma Bella?

In Palma Bella, condition and view decide your number

What is your Palma Bella home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Palma Bella Market Scorecard

Frequently Asked Questions

Should you buy in Palma Bella?

Get the inside read on Palma Bella

You are all set.

Need to sell fast in Duval County?

You just read the data. Now see what your home is worth.

More Daytona Beach Shores & Volusia County / Daytona Beach Area guides