Palma Del Mar
on Isla del Sol Homes for Sale in St. Petersburg, FL

Waterfront condo community · Isla del Sol, St. Petersburg, Pinellas County · ZIP 33715

A waterfront condo community on Boca Ciega Bay with a 30-day minimum lease, minutes from the Gulf beaches.

Waterfront condosPool, tennis, marinaNear Fort De Soto

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Palma Del Mar is a waterfront condo community on a barrier island, so the building, the floor, the water view, the monthly fee, the reserves, the milestone-inspection status, and the flood and insurance picture, not a community average, decide the buy. Read them for a specific unit.

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Unlock Off-Market Palma Del Mar

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

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Median Price

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Supply

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Avg DOM

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Seller Leverage

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Median $/Sqft

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1-Yr Price Change

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Distress

Jon's Current Read

"Palma Del Mar is a waterfront condominium community on Isla del Sol in southern St. Petersburg, Pinellas County, so the read is a barrier-island condo read by building and unit rather than one number. Public sources describe several mid-rise buildings on Boca Ciega Bay built around 1979 to 1981, sharing a heated waterfront pool and spa, tennis, a clubhouse, a fitness room, a marina with docks, a kayak launch, and a fishing pier, near the Gulf beaches and Fort De Soto. The association requires a 30-day minimum lease, so this is a residential, owner-occupied community rather than a nightly or weekly vacation-rental building; confirm the current lease rules per building. As an early-1980s waterfront community, the condo fee, the reserves, the milestone-inspection and structural reserve study status, the flood and windstorm picture after the 2024 storms, and lender approval drive value. Your leverage is reading the association financials, the flood picture, and the lease rules before you buy."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palma Del Mar is a waterfront condominium community on Isla del Sol, an island in the middle of Boca Ciega Bay in southern St. Petersburg, Pinellas County, ZIP 33715, near the Gulf beaches of St. Pete Beach and Fort De Soto (Palma Del Mar and community sources, 2026).

Public sources describe several mid-rise condo buildings, organized as numbered associations (Palma 1 through Palma 5), built around 1979 to 1981, ranging widely in size. The amenities are the draw: a heated waterfront pool and spa, tennis, a clubhouse and meeting or game room, a fitness room, a marina with boat docks, a kayak launch and storage, and a fishing pier, with optional membership available at the Isla del Sol Yacht and Country Club for golf, tennis, and marina access. Ownership is condo ownership with a monthly fee, and there is no CDD.

The defining read is the association and the flood picture. Public sources describe a 30-day minimum lease, so Palma Del Mar is a residential, owner-occupied community rather than a nightly or weekly vacation-rental building. As an early-1980s barrier-island condo community, the condo fee, the reserves, the milestone-inspection and structural reserve study status under Florida law, the flood and windstorm picture after the 2024 storms, and whether the building qualifies for your financing drive value and resale.

For buyers who want a waterfront condo with a pool, tennis, and a marina on Isla del Sol, minutes from the Gulf beaches, Palma Del Mar is a distinctive option. The work is confirming the building's monthly fee, reserves, milestone-inspection status, the flood and insurance picture, and the lease rules honestly before you buy.

Quick Match

Who Palma Del Mar is best for.

Best for

Buyers who want a waterfront condo with a pool, tennis, and a marina
Boaters drawn to bay docks, a kayak launch, and a fishing pier
Buyers who want to be minutes from the Gulf beaches and Fort De Soto
Buyers who will read the condo fee, reserves, and flood picture

Probably not for

Buyers who want a single-family home or a private yard
Anyone not prepared for barrier-island flood and insurance costs
Buyers who will not read the association financials and reserves
Buyers who want short nightly or weekly vacation-rental flexibility

Market Pulse

How Palma Del Mar is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

56Median days on marketdays

0 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%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 Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Palma Del Mar listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Point Brittany at Bayway Isles or St. Petersburg. 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$3072026 YTD

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

Supply and demand now0 : 0active : pending

For sale0

Pending0

Sold 12mo0

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 Del Mar I buys, holds, and resells. See the five factors.

Interactive Map

Palma Del Mar 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 Stellar MLS; 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

Palma Del Mar puts waterfront condo living with a pool, tennis, and a marina minutes from the Gulf beaches, Fort De Soto, and downtown St. Petersburg, the Isla del Sol waterfront case on Boca Ciega Bay.

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

Pinellas Bayway~2 to 5 min · island access

St. Pete Beach Gulf beaches~8 to 12 min · coast

Fort De Soto Park~10 to 15 min · beaches and nature

Downtown St. Petersburg~15 to 20 min · city center

Interstate 275~10 to 15 min · regional access

Tampa~30 to 40 min · via I-275

Tampa International Airport~35 to 45 min · via I-275

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 Del Maron Isla del Sol Homes for Sale in St with Momentum Realty’s local guides.

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 Del Mar (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

Pinellas 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 Del Mar is served by Pinellas 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.

Public

Pinellas County Public Schools (verify by address)

Verifyrating

By address

Confirm zoned elementary, middle, and high

Verifyrating

Choice

Magnet and choice options may apply

Verifyrating

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

The takeaway

What is actually shaping value at Palma Del Mar: waterfront condo demand on Isla del Sol, the pool, tennis, and marina amenities, the barrier-island flood and insurance picture after the 2024 storms, and Florida condo reserve and milestone rules on older buildings. Each item is sourced and linked.

Recent Developments in Palma Del Mar I

Development Intelligence

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

Net OutlookBullishWaterfront condo demand on Isla del Sol supports value, but the barrier-island flood and insurance picture and the early-1980s reserve and milestone requirements are the defining watch items.

Waterfront amenities on Isla del Sol

Ongoing

BullishMajor impact

SignificanceRadius: Community

A heated waterfront pool, tennis, a marina, and a fishing pier on Boca Ciega Bay near the Gulf beaches anchor a distinctive waterfront lifestyle.

Barrier-island flood and insurance is the key read

2024-2025

BearishMajor impact

SignificanceRadius: Community

The 2024 storms brought record surge to the Pinellas coast; read the elevation, flood, and windstorm picture and any repairs for the building.

Florida condo reserve and milestone rules reshape older condo costs

2025

BearishMajor impact

SignificanceRadius: Community

Required structural reserve studies and milestone inspections for older buildings push fees and possible assessments; read the association status.

30-day minimum lease keeps the community residential

Ongoing

NeutralNotable impact

SignificanceRadius: Community

A 30-day minimum lease keeps Palma Del Mar owner-occupied and residential rather than a nightly-rental building; confirm the rule per building.

Boating and Gulf-beach access

Ongoing

BullishNotable impact

SignificanceRadius: Area

Marina docks and proximity to Fort De Soto and the Gulf beaches underpin the waterfront lifestyle premium.

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 Del Mar I, 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 ↓

September 2024
Storm
2024 storm season brings record surge to the Pinellas coast
Hurricanes Helene and Milton in 2024 brought record storm surge and flooding to the Pinellas Gulf-beach and bay communities, including St. Petersburg and its barrier islands, with significant impact on low-lying waterfront properties; the St. Petersburg tide gauge recorded a record water level during Helene. Why it matters: Read the elevation, flood zone, and the building's flood and windstorm picture and any storm repairs before you offer. Source
July 2025
Policy
Florida condo reserve and milestone rules tighten with HB 913
Florida's condo-safety reforms, refined by HB 913 effective July 1, 2025, strengthened structural reserve study and milestone-inspection requirements for condominium associations statewide, with structural reserve studies due for many older buildings by the end of 2025. Why it matters: Read the association budget, reserves, and milestone status; older waterfront condo fees are under upward pressure statewide. Source
January 2026
Market
Palma Del Mar remains a waterfront condo community on Isla del Sol
Palma Del Mar is described as a waterfront condo community of several mid-rise buildings on Boca Ciega Bay on Isla del Sol, built around 1979 to 1981, with a heated waterfront pool and spa, tennis, a clubhouse, a marina, a kayak launch, and a fishing pier, and a 30-day minimum lease, near the Gulf beaches and Fort De Soto. Why it matters: Waterfront amenities and a near-beach location keep the community in steady demand, with reserves and flood the watch items. 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 Del Mar buying strategy.

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

Read the flood and insurance picture first. Pull the elevation, flood zone, and the building's flood and windstorm coverage and any post-storm repairs after the 2024 storms.

Read the association financials. Pull the budget, the reserves, and the structural reserve study, and confirm the milestone-inspection status for the building.

Confirm the lease rules. Public sources describe a 30-day minimum lease, so verify the current rule and any cap for the specific building before you count on rental income.

Judge the unit by building, floor, view, and condition. The building, the floor, and the water view drive value across early-1980s stock, so weigh updates and condition.

Compare Pinellas waterfront condos, and cross-shop Point Brittany at Bayway Isles for a nearby waterfront alternative.

The Quick Decision

Best Buy

An updated water-view unit in a building with strong reserves, sound storm repairs, and an insurable elevation

Biggest Risk

Underreading the monthly fee, reserves, milestone status, or a barrier-island flood and insurance picture

Best Lot

A higher floor with an open bay view in a well-run building

Smart Timing

Confirm the reserves, the flood picture, the milestone status, the lease rules, and lender approval before you offer

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 Del Mar is a waterfront condominium community on Isla del Sol in southern St. Petersburg, Pinellas County, ZIP 33715, along Boca Ciega Bay near the Gulf beaches and Fort De Soto. Public sources describe several mid-rise buildings, organized as numbered associations (Palma 1 through Palma 5), built around 1979 to 1981, with a heated waterfront pool and spa, tennis, a clubhouse and meeting or game room, a fitness room, a marina with boat docks, a kayak launch and storage, and a fishing pier, with optional Isla del Sol Yacht and Country Club membership for golf, tennis, and marina access. Public sources describe a 30-day minimum lease, so it is a residential, owner-occupied community rather than a nightly-rental building. As an early-1980s barrier-island condo community, the condo fee, the reserves, the milestone-inspection and structural reserve study status, the flood and windstorm insurance picture, the lease rules, and lender approval drive value far more than the unit finishes. Confirm the specific building's monthly fee, reserves, milestone status, and any assessments, along with the unit's condition, before you buy.

Palma Del Mar Homes For Sale

What your money buys in Palma Del Mar.

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 Del Mar today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Condo

Original or lightly updated lower-floor condos with community waterfront access, the entry into the Isla del Sol community, priced for the association and flood read.

Lowest entry

The Core Water View

Updated condos with bay or marina views on good floors in a sound building, the heart of the resale market here.

Most inventory

The Premium Bay View

Renovated units with the best open bay outlooks on preferred floors in a building with strong reserves, the units that hold value best.

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 ~$900K buys here.

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

The Entry Condo

Original or lightly updated lower-floor condos with community waterfront access, the entry into the Isla del Sol community, priced for the association and flood read.

The Core Water View

Updated condos with bay or marina views on good floors in a sound building, the heart of the resale market here.

The Premium Bay View

Renovated units with the best open bay outlooks on preferred floors in a building with strong reserves, the units that hold value best.

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 Del Mar, 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 Del Mar is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home 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 Del Mar holds value.

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

Kitchens and bathsUpdates vary by unit, the swing factor

Flooring and finishesOriginal early-1980s stock in many units

Impact windows and storm readinessBarrier-island exposure, confirm per building

Building reserves and milestoneEarly-1980s waterfront stock, verify status

Water view and floorOpen bay views and higher floors hold value

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 Del Mar

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.

“

The bay, the pool, and the marina sell the unit. The deal is won or lost on the building, the floor, the view, the monthly fee, and the flood and insurance read.

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.

7.3B- · Buy Score

Resale Strength7.3/10

Renovation Risk5.6/10

Location Efficiency8.6/10

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 Del Mar is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS 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 Stellar MLS 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 · Lot 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

Lake / waterPreserveInterior

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

15-Second Take

The building, the floor, and the water view drive value
Open bay views command the premium
Updated units resell faster than original ones
A well-run building with healthy reserves matters most
Read the building, the reserves, and the flood picture before the price

In a waterfront condo community the unit, not a lot, is the asset, and the building, the floor, and the water view are what the market gives back. A higher floor with an open bay view in a well-run building with healthy reserves and a sound milestone status holds value better than an original unit in a building facing storm or waterfront assessments. The interior can be updated; the building, the floor, and the bay frontage cannot. Read the building, the reserves, and the flood picture first, then price the condition against comparable sales.

The 15-Second Verdict

Palma Del Mar in 15 seconds.

Best forBuyers who want a waterfront condo with a pool, tennis, and a marina on Isla del Sol.

Biggest advantageA waterfront community with a pool, tennis, and docks minutes from the Gulf beaches and Fort De Soto.

Biggest riskBarrier-island flood and insurance and the reserves on an early-1980s condo community.

Sweet spotAn updated water-view unit in a sound building with strong reserves and an insurable elevation.

Avoid ifYou want new construction, single-family ownership, or nightly vacation-rental flexibility.

Condo Fees & What They Cover

15-Second Take

Waterfront condo ownership with a monthly fee, no CDD
Fees and inclusions vary by building
Early-1980s buildings, verify reserves and milestone status
Barrier-island flood and windstorm read
30-day minimum lease, confirm the rules per building

Palma Del Mar is waterfront condo ownership with a monthly maintenance fee that varies by building and unit, and there is no CDD. As an early-1980s waterfront community, the fee, the reserves, the milestone inspection, and any waterfront or storm-related assessments are central. Confirm the exact monthly amount, the inclusions, the reserve and assessment status, and the flood and windstorm coverage for the specific unit.

Maintenance fees typically cover building exterior and grounds, the shared amenities, water and sewer or other utilities depending on the building, and management. Verify the inclusions, the reserves, the milestone status, and any assessments, especially given the buildings' age and waterfront exposure.

Public sources describe a heated waterfront pool and spa, tennis, a clubhouse and meeting or game room, a fitness room, a marina with boat docks, a kayak launch and storage, and a fishing pier, with optional Isla del Sol Yacht and Country Club membership for golf, tennis, and marina access.

Run Your Numbers

Tools for a Palma Del Mar buy.

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

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPinellas County millage and the homestead picture.Rent vs buyThe breakeven on owning in Palma Del Mar.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 Del Mar

Price it to the building, the floor, the view, and the flood picture, not a community average.

Selling here means pricing your specific building, floor, view, updates, reserves, and storm repairs against the freshest comparable units, not a community average. On a barrier island, the association health and the flood profile set your number.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market 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 our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Palma Del Mar, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Point Brittany at Bayway Isles, 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 Del Mar home worth?

Get a no-obligation home value based on real comparable sales in Palma Del Mar 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 Del Mar I on the map →
Or get your Palma Del Mar I home value & selling guide →

Real comps, not a Zestimate.

Palma Del Mar I Market Scorecard

Strong seller's market

Palma Del Mar I is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8

Months supply

$1,019,500

Median list

$847,500

Median sold

$313

Per sqft

Days on mkt

6/8/41

Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Palma Del Mar?

Palma Del Mar is a waterfront condominium community on Isla del Sol, an island in Boca Ciega Bay in southern St. Petersburg, Pinellas County, ZIP 33715, near the Gulf beaches and Fort De Soto.

Is Palma Del Mar a vacation-rental building?

No. Public sources describe a 30-day minimum lease, so it is a residential, owner-occupied community rather than a nightly or weekly vacation-rental building. Confirm the current lease rules with the specific building's association.

What kind of homes are in Palma Del Mar?

Condominium units across several mid-rise buildings, organized as numbered associations (Palma 1 through Palma 5), built around 1979 to 1981, ranging widely in size.

When were the buildings built?

Public sources describe construction around 1979 to 1981. As early-1980s buildings, the reserves and the milestone-inspection status are central to the read.

What amenities does Palma Del Mar have?

Is there a marina or boat docks?

Yes. Public sources describe a marina with boat docks, plus a kayak launch and storage and a fishing pier on Boca Ciega Bay. Confirm dock or slip availability, rules, and any fees for the specific unit.

Is there golf at Palma Del Mar?

Golf is not part of the condo community itself, but optional membership at the adjacent Isla del Sol Yacht and Country Club can provide access to an 18-hole course, tennis, and marina facilities. Confirm membership terms separately.

What is the minimum lease?

Public sources describe a 30-day minimum lease at Palma Del Mar, which keeps the community residential rather than a nightly-rental building. Confirm the exact lease rules and any cap for the specific building.

What are the monthly fees, and is there a CDD?

Each building has its own monthly maintenance fee covering the amenities and building costs, and there is no CDD. The barrier-island setting and Florida reserve rules shape the fee, so confirm the exact amount, inclusions, reserves, and any assessment for the specific unit.

Does it flood?

As a barrier-island bayfront community, it carries significant flood and windstorm exposure, and the 2024 storms brought record surge to the Pinellas coast. Read the elevation, the building's flood picture, and any storm repairs before you offer.

Should I worry about reserves and assessments?

Yes, verify them. As an early-1980s waterfront community, building reserves, the milestone inspection, the structural reserve study, and any storm or waterfront assessments are central. Confirm the building's finances before you buy.

Can I finance a condo here?

Financing an older barrier-island condo can depend on the association's reserves, insurance, and milestone-inspection status. Confirm the building qualifies for your loan program before you offer.

How close is Palma Del Mar to the beaches and downtown St. Pete?

It is minutes from the Gulf beaches of St. Pete Beach and Fort De Soto, and downtown St. Petersburg is roughly fifteen to twenty minutes by car. Confirm the route and time for your destination.

What should I check before buying a unit here?

The building's monthly fee, reserves, milestone status, and any assessments, the unit's condition, floor, and water view, the flood and insurance picture, the lease rules, and lender approval.

The Verdict

Should you buy in Palma Del Mar?

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

Buyers who want a waterfront condo with a pool, tennis, and a marinaExcellent fit

Boaters drawn to bay docks, a kayak launch, and a fishing pierExcellent fit

Buyers who want to be minutes from the Gulf beaches and Fort De SotoExcellent fit

Buyers who will read the condo fee, reserves, and milestone statusExcellent fit

Buyers who will read the barrier-island flood and insurance pictureExcellent fit

Buyers who want a single-family home or a private yardProbably not

Anyone not prepared for barrier-island flood and insurance costsProbably not

Buyers who will not read the association financials and reservesProbably not

Anyone needing a loan where the building does not qualifyProbably not

Buyers who want nightly or weekly vacation-rental flexibilityProbably not

Get the inside read on Palma Del Mar

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Palma Del Mar 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 Del Mar specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Palma Del Mar I — what to look for, questions to ask, and your local expert.

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. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

Palma Del Maron Isla del Sol Homes for Sale in St. Petersburg, FL

The 60-Second Overview

Who Palma Del Mar is best for.

Best for

Probably not for

How Palma Del Mar is performing right now

Palma Del Mar on the map.

How far is everything?

Nearby Communities

Schools

Pinellas County Public Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in Palma Del Mar I

Waterfront amenities on Isla del Sol

Barrier-island flood and insurance is the key read

Florida condo reserve and milestone rules reshape older condo costs

30-day minimum lease keeps the community residential

Boating and Gulf-beach access

2024 storm season brings record surge to the Pinellas coast

Florida condo reserve and milestone rules tighten with HB 913

Palma Del Mar remains a waterfront condo community on Isla del Sol

The Palma Del Mar buying strategy.

The full read, only if you want it.

What your money buys in Palma Del Mar.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Palma Del Mar holds value.

5 Mistakes Buyers Make in Palma Del Mar

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 Del Mar is different.

Which Lots & Views Hold Value Best

Palma Del Mar in 15 seconds.

Condo Fees & What They Cover

Tools for a Palma Del Mar buy.

Price it to the building, the floor, the view, and the flood picture, not a community average.

In Palma Del Mar, condition and view decide your number

What is your Palma Del Mar home worth?

Price History: What Homes Here Have Actually Sold For

Palma Del Mar I Market Scorecard

Frequently Asked Questions

Should you buy in Palma Del Mar?

Get the inside read on Palma Del Mar

You are all set.

Need to sell fast in Pinellas County?

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

Palma Del Mar
on Isla del Sol Homes for Sale in St. Petersburg, FL