Palma Del Mar in St Petersburg

Palma Del Mar
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County · ZIP 33715
Median sale $298K
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Built fromLive Stellar MLS data10 years of closingsUpdated twice daily

As of November 2026, Palma Del Mar Ii in St Petersburg, FL has 5 homes for sale, asking from $204,000 to $350,000 (median $274,900). Homes listed or recently sold were built 1979 - 1979; 5 of 8 report an HOA (median $809/mo); 8 of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft).

Part of Palma Del Mar, St Petersburg, FL — see all Palma Del Mar homes for sale (17 listings across 6 sections in the MLS).

Live · Palma Del Mar Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$298K ▼
Median sold · 12 mo
down 9.7% vs the prior 12 months
-9.7% ▼
1-yr price change
n = 3 and 3 sales in the two windows
$284/sf
Sold $/sqft · 12 mo
peak $376 in 2022
82.3%
Sale vs ask
Tempo
20.0mo
Supply
3 to 6 months is the balanced band
291days
Median DOM · closed
4 days at the 2021 low
0%
Under contract
Pinellas: 20% (1,627 of 8,166)
5 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 10 years of records
1,050sqft
Median sold home size
12-mo windows, closed sales
Palma Del Mar Housing Pulse · Momentum Research · as of September 20, 2026

Palma Del Mar right now

🟢 Buyer-leaning market. 20.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Medium (5 active and pending listings, 3 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($298K) is down 9.7% from the prior 12 months ($330K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 14, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Palma Del Mar market snapshot (as of September 20, 2026): the median sale price is about $298K ($284 per sq ft over the trailing 12 months of closed sales), a median 291 days on market for closed sales, and 20.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

In ZIP 33715 (St Petersburg), 48 homes closed in the last 12 months at a median of $500K ($363/sq ft), with a median 77 days on market. Right now 36 active and 7 pending listings put supply at about 9.0 months - a soft market. See the live ZIP 33715 housing market and the Pinellas County market.

Stellar MLS sales records identify 120 homes in Palma Del Mar that have changed hands since 2004, built between 1979 and 1982 (median 1980), with a median living area of about 915 sq ft and a typical 2-bedroom, 2-bath layout; 99% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Windows contain 0 to 8 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2016 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0258201620182020202220242026
0 to 8 a year; 3 in the current window.

The real cost & risk here

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

$2,364/mo
Pinellas County typical true cost to own
$159/mo
Pinellas County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

17% of homes for sale in ZIP 33715 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-13).

Palma Del Mar Market Scorecard

Buyer-leaning

Palma Del Mar is currently a buyer-leaning market. About 20.0 months of supply, a median asking price of $300,000, and homes go under contract in about 108 days.

20.0
Months supply
$300,000
Median list
$298,000
Median sold
$309
List $/sqft
108
Days on mkt
2/0/3
Active/Pend/Sold 12 mo

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

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

Homes For Sale Right Now in Palma Del Mar

Live MLS inventory for Palma Del Mar. 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.

Active and pending Palma Del Mar listings as of 2026-11-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2016 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Gulfport Elementary School · Elementary
  • Bay Point Middle SchoolFLDOE grade A · Middle
  • Lakewood High SchoolFLDOE grade A · High

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Pinellas County Public Schools for a specific address.

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

Recent Developments in Palma Del Mar Ii

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

Dev Momentum79/100 · High
  1. October 2026
    Market

    North St. Petersburg FedEx warehouse sells for $58.2M, $36M below 2021 price

    A 236,976 square foot FedEx Ground distribution center at 1950 102nd Avenue N. on about 63 acres near I-275 sold for $58.2 million, versus $94.5 million in 2021. FedEx has operated there since 2017 and the deed shows no change to its lease. The article ties the sale to higher borrowing costs facing the prior owner.

    What it may mean for the marketThe sale points to repricing in Pinellas industrial property while the last-mile logistics hub keeps operating near I-275. The project is about 11 miles north of Palma Del Mar Ii, elsewhere in Pinellas County.

    Source: St. Pete Catalyst
  2. October 2026
    Development

    ClearView apartments complete at $1 billion Echelon City Center in St. Petersburg

    The 363-unit ClearView community, with ground-floor retail, is complete within the Echelon City Center development by Third Lake Partners and Echelon. A 3rd & 3rd residential high-rise with ground-floor retail is expected to open in the first quarter of 2027.

    What it may mean for the marketNew downtown apartments and walkable retail add rental inventory and amenities in central St. Petersburg. The project is about 6 miles northeast of Palma Del Mar Ii, elsewhere in Pinellas County.

    Source: Tampa Bay Business and Wealth
  3. September 2026
    Development

    Carbon dioxide terminal planned at Seaport Manatee for proposed biomethanol plant

    Aptamus Carbon Solutions will plan a CO2 terminal and marine transport system at Seaport Manatee tied to Demeter Energy's proposed biomethanol plant. The plant would produce about 100,000 metric tons of biomethanol and capture about 200,000 metric tons of CO2 yearly. Cost and timeline were not disclosed.

    What it may mean for the marketPlanned industrial and port activity could add maritime and industrial employment at the port. The site is about 10 miles southeast of Palma Del Mar Ii.

    Source: Tampa Bay Business and Wealth
  4. July 2026
    Development

    St. Pete advances housing plan for nine vacant city lots

    The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.

    What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The project is about 6 miles northeast of Palma Del Mar Ii, elsewhere in Pinellas County.

    Source: St Pete Catalyst
  5. July 2026
    Infrastructure

    St. Pete approves temporary downtown dock for Tampa Bay ferry

    The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.

    What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The project is about 7 miles northeast of Palma Del Mar Ii, elsewhere in Pinellas County.

    Source: FOX 13 Tampa Bay
  6. July 2026
    Development

    Blake-Related team selected to redevelop 86-acre Historic Gas Plant District

    St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.

    What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The project is about 5 miles northeast of Palma Del Mar Ii, elsewhere in Pinellas County.

    Source: Florida YIMBY

Development alerts for Palma Del Mar IiGet a short monthly email when something new is approved, funded, or opens near Palma Del Mar Ii.

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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.

If we were buying in Palma Del Mar 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Palma Del Mar.

A closer look at the Palma Del Mar market

At a median of $284 per square foot, Palma Del Mar prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 20.0 months of supply, a buyer-leaning market and the trailing-12-month median down 10% year over year. Homes that do trade take a median 291 days on market, useful leverage on any listing that has lingered.

“

The location and the amenities are priced into every listing in Palma Del Mar. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
1.2D · Buy Score
Recent Direction3.6/10
Liquidity & Demand0.0/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (1.2). Basis: Recent Direction -9.7% year-over-year; Liquidity & Demand 20.0 months of supply; Pricing Power 82.3% sale-to-list. Refreshed with each data update.

The takeaway

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

What is your Palma Del Mar home worth?

Get a no-obligation home value based on real comparable sales in Palma Del Mar, 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 on the map →

Real comps, not an automated estimate.

Recently off market in Palma Del Mar Ii

Homes in Palma Del Mar Ii 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. 2 on record.

Last 30 days in Palma Del Mar: 3 new listings (median asking $274,900). As of November 12, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Palma Del Mar key facts
LocationSt Petersburg, Pinellas County, FL · ZIP 33715
Home types (current listings and sales)condos 100%
Amenities listed by sellersPool, Clubhouse, Buyer Approval Required, Community Mailbox, Deed Restrictions, Association Recreation - Owned
For sale right now5 active, 0 pending · median asking $274,900 · 20.0 months of supply
Zoned public schoolsGulfport Elementary School; Bay Point Middle School (A, FLDOE 2025-26); Lakewood High School (A, FLDOE 2025-26)

Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Palma Del Mar key facts,” movewithmomentum.com/neighborhoods/palma-del-mar-ii, data as of November 13, 2026.

Housing distress & ownership in Palma Del Mar Ii, St Petersburg

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 14 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-11-01)

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 Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Just listed in Palma Del Mar

The newest homes for sale in Palma Del Mar right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Palma Del Mar Ii Right Now (5)

All 5 active and pending Palma Del Mar Ii listings with a detail page, newest first, refreshed twice a day from the MLS.

What it really costs to own in Palma Del Mar

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $809/month across 5 MLS listings (most billed monthly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Pinellas County is $1,911/yr (20,791 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1979 across 8 listings. An original roof here would be about 47 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Palma Del Mar

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Palma Del Mar

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palma Del Mar will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Palma Del Mar?
The median sale price in Palma Del Mar was $298K over the 12 months ending September 20, 2026 (3 closed sales, Stellar MLS).
How long do homes in Palma Del Mar take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 291 days on market (3 sales, Stellar MLS).
Is Palma Del Mar a buyer's or seller's market right now?
As of September 20, 2026, Palma Del Mar leans toward buyers: 20.0 months of supply at the current sales pace (Stellar MLS live counts).
What schools serve Palma Del Mar?
Palma Del Mar is served by Pinellas County Public Schools, typically Gulfport Elementary School, Bay Point Middle School and Lakewood High School. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Palma Del Mar?
The best agent for Palma Del Mar is one who actively works St Petersburg 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 Palma Del Mar.
How do I find a top St Petersburg real estate agent who knows Palma Del Mar?
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 Palma Del Mar and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Palma Del Mar?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palma Del Mar purchase or sale - no call center and no pressure.
Where is Palma Del Mar, and what county is it in?
Palma Del Mar is in St Petersburg, Pinellas County, FL, ZIP 33715. The community's center is about 7 miles southwest of the center of St Petersburg (straight-line).

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 1, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesStellar MLS records, as of 2026-09-20
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2016 (21 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 Stellar 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?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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