Palma Del Mar in St. Petersburg

Palma Del Mar Homes for Sale in St. Petersburg, FL

Waterfront condo community on Isla del Sol · St. Petersburg · ZIP 33715

A waterfront condo community on Isla del Sol on Boca Ciega Bay in St. Petersburg.

Waterfront island condosHeated pools and fitnessNear golf and the Gulf
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a waterfront condo community on a low-lying island; the condo fee, the reserves, the milestone-inspection status, and the flood and insurance picture decide value, so 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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Seller Leverage
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Median $/Sqft
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1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Palma Del Mar is a waterfront condo community on Isla del Sol in St. Petersburg, so the read is an island-condo read: public sources describe a group of mid-rise condo buildings built between roughly 1979 and 1985 on Boca Ciega Bay, with units described from around 730 to 1,250 square feet, monthly fees described in a range, heated pools and spas, a fitness center, fishing piers, a clubhouse, and bike and kayak storage, near the Isla del Sol golf and country club and minutes to the Gulf beaches. As an early-1980s low-lying island condo, the monthly fee, the reserves, the milestone-inspection status, lender approval, and the flood and windstorm picture drive value. Your leverage is reading the association financials and the flood picture before you buy; confirm details with the association."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palma Del Mar is a waterfront condo community on Isla del Sol in St. Petersburg, in Pinellas County's 33715 ZIP, on Boca Ciega Bay. Public sources describe a group of mid-rise buildings built between roughly 1979 and 1985, with units described from around 730 to 1,250 square feet, on the island at the confluence of Boca Ciega Bay, the Intracoastal, and Tampa Bay near the Gulf.

The appeal is amenity-rich waterfront island living: public sources describe heated outdoor pools and spas, a fitness center, fishing piers, a clubhouse with recreation rooms, and bike and kayak storage, with the Isla del Sol golf and country club nearby and the Gulf beaches minutes away, plus easy access to downtown St. Petersburg. Monthly fees are described in a range that reflects the amenities and building costs.

The defining read is the association and the island flood picture. As an early-1980s low-lying island condo, the monthly fee, the reserves, the milestone-inspection and structural-integrity status under Florida's condo-safety reforms, whether the building qualifies for your financing, and the flood and windstorm picture drive value. The 2024 storms brought surge to St. Pete islands, so the elevation and insurance read is central. Confirm the fee, the reserves, the inspection status, and the flood quote for a unit.

For buyers who want a waterfront condo on Isla del Sol near golf and the Gulf beaches, Palma Del Mar is one of the options. The work is reading the association financials, the reserves, and the flood and insurance picture honestly before you buy.

Best for

  • Buyers who want a waterfront condo near golf and the Gulf beaches
  • Anyone who values heated pools, a fitness center, and fishing piers
  • Buyers close to the Isla del Sol golf and country club
  • 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 low-lying island flood and insurance costs
  • Buyers who will not read the association financials and reserves
  • Anyone needing a loan where the building does not qualify

How Palma Del Mar is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
57Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+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.

8.6A- score
Momentum intelligence
Momentum buy score

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

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.

The takeaway

Palma Del Mar sits in St. Petersburg, with everyday shopping, major roads, and the wider Tampa Bay area within a reasonable drive.

Isla del Sol golf and country club~2-5 min · golf and yacht club
St. Pete Beach (Gulf beach)~5-10 min · barrier-island beach
Fort De Soto Park~10-15 min · beaches and trails
Downtown St. Petersburg~15-20 min · waterfront and arts
I-275 / Skyway~5-10 min · regional connector
Tampa International Airport (TPA)~35-45 min · via I-275

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

Nearby Communities

Explore more neighborhoods near Palma Del Mar Homes for Sale in St with Momentum Realty’s local guides.

PIPalm Island Homes for Sale in Tierra Verde, FLTierra Verde, FL · 0.5 miTVTierra VerdeSt. Petersburg, FL · 0.5 miPTPalms of Tierra Homes for Sale in Tierra Verde, FLTierra Verde, FL · 0.6 miTVTierra VerdeSt. Petersburg, FL · 0.6 miVVVista Verde Homes for Sale in StSt. Petersburg, FL · 1.0 miPDPalma Del Maron Isla del Sol Homes for Sale in StSt. Petersburg, FL · 1.1 miBDBahia Del Mar IVIsla del Sol Homes for Sale in StSt. Petersburg, FL · 1.1 miPDPalma Del Mar IISt. Petersburg, FL · 1.2 miPDPalma Del Mar V Homes for Sale in StSt. Petersburg, 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 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: the waterfront Isla del Sol setting near golf and the Gulf, the low-lying island flood picture, Florida condo reserve and inspection rules, and lender requirements. Each item is sourced and linked.

Recent Developments in Palma Del Mar

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 OutlookBullishThe waterfront island amenities near golf and the beaches support demand, while the defining watch items are the condo fee and reserves, the milestone-inspection status on an early-1980s building, and the low-lying island flood and insurance picture.

Waterfront island living near golf and the beaches anchors demand

Ongoing
BullishNotable impact
SignificanceRadius: Community

A waterfront condo on Isla del Sol near golf, fishing piers, and the Gulf beaches is a distinctive draw that supports demand.

Low-lying island flood and insurance is the key read

2024-2025
BearishMajor impact
SignificanceRadius: Community

The 2024 storms brought surge to low-lying St. Pete islands; read the elevation, flood, and windstorm picture for the buildings.

Florida condo reserve and inspection rules shape the fee

2025
NeutralMajor impact
SignificanceRadius: Community

Reserve and milestone-inspection requirements push condo fees on older buildings statewide; read the budget, reserves, and inspection status.

Lender approval depends on association health

2024-2025
NeutralNotable impact
SignificanceRadius: Community

Financing an early-1980s island condo can hinge on reserves, insurance, and inspection status; confirm the building qualifies.

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, 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 ↓

  1. September 2024
    Storm

    2024 storm season brings surge to low-lying St. Pete islands

    Hurricanes Helene and Milton in 2024 brought storm surge to low-lying St. Petersburg islands and waterfront areas, with impact varying by elevation and building. Why it matters: Read the elevation and flood and insurance picture for the specific buildings on Isla del Sol. Source

  2. July 2025
    Policy

    Florida condo reserve and inspection rules refined

    Florida's condo-safety reforms, refined by HB 913 effective July 1, 2025, strengthened reserve and milestone-inspection requirements for condominium associations across the state, with particular weight on older buildings. Why it matters: Read the association's budget, reserves, and milestone-inspection status; fees on early-1980s buildings are under upward pressure. Source

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

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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, this is the order of operations we would run, and the one we run for our clients.

1

Read the flood and insurance picture. Pull the elevation, flood zone, and the buildings' flood and windstorm coverage on the low-lying island.

2

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

3

Check for special assessments. Confirm any pending or recent assessment, including storm-related work, and how the association funds it.

4

Verify lender approval. Confirm the building qualifies for your loan program before you offer.

5

Compare St. Pete waterfront condos, and cross-shop Point Brittany for a nearby alternative.

Best Buy
A unit in a building with strong reserves, a clean inspection, and an insurable elevation
Biggest Risk
A building with thin reserves, an open inspection item, or a pending assessment on the island
Best Lot
An updated waterfront-view unit in a financially sound building
Smart Timing
Confirm the reserves, the flood picture, the inspection status, and lender approval
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 condo community on Isla del Sol in St. Petersburg, in Pinellas County's 33715 ZIP, on Boca Ciega Bay. Public sources describe a group of mid-rise buildings built between roughly 1979 and 1985, with units described from around 730 to 1,250 square feet, with heated outdoor pools and spas, a fitness center, fishing piers, a clubhouse, and bike and kayak storage, near the Isla del Sol golf and country club and minutes to the Gulf beaches. As an early-1980s low-lying island condo community, the monthly fee, the reserves, the milestone-inspection status, lender approval, and the island flood and insurance picture drive value far more than the unit finishes.

The takeaway

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

The Entry Condo

Original or lightly updated smaller units, the affordable entry into waterfront island living, priced for the association and flood read.

Lowest entry
The Core Two-Bedroom

Updated two-bedroom units in a financially sound building, the heart of the resale market here.

Most inventory
The Waterfront-View Unit

Renovated units with the best bay views 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.

The Entry Condo
Original or lightly updated smaller units, the affordable entry into waterfront island living, priced for the association and flood read.
The Core Two-Bedroom
Updated two-bedroom units in a financially sound building, the heart of the resale market here.
The Waterfront-View Unit
Renovated units with the best bay views 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.

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
Jon Brooks, Momentum Realty
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.

Location within St. PetersburgStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

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

Jon Brooks, Momentum Realty
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.

The bay, the golf, and the beaches sell the unit. The deal is won or lost on the condo fee, the reserves, the inspection, and the flood read.

Jon Brooks · Founder, Momentum Realty
7.3B- · Buy Score
Resale Strength7.3/10
Renovation Risk5.6/10
Location Efficiency8.4/10
Long-Term Defensibility6.7/10
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.

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.

Which Lots & Views Hold Value Best

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 lot and the homesite are the scarce, durable asset here
  • A better-positioned lot holds value at resale
  • The homesite cannot be changed, the house can
  • Read the lot and the flood zone before the finishes
  • Condition and renovation level drive the number

In Palma Del Mar, the part of your money the market protects is the lot, the position, and the condition of the home. Read the lot, the homesite, and the flood zone first, then price the condition and the renovation level against it.

Palma Del Mar in 15 seconds.

Best forBuyers who want a waterfront condo on Isla del Sol near golf and the Gulf beaches.
Biggest advantageAmenity-rich waterfront island living near golf and the beaches.
Biggest riskLow-lying island flood, the reserves, and the inspection on an early-1980s building.
Sweet spotAn updated unit in a financially sound building with an insurable elevation.
Avoid ifYou want a single-family home, low flood risk, or no association homework.

HOA, CDD & Fees

15-Second Take
  • Monthly condo fee, no CDD
  • Waterfront island buildings, 1979 to 1985
  • Read the budget, reserves, and inspection
  • Low-lying island flood and windstorm read
  • Near golf and the Gulf beaches

A monthly condominium fee applies and covers amenities and many building costs, with no CDD; Florida reserve and milestone-inspection rules and the island setting shape the fee, so confirm the current fee, the reserves, any assessment, and the flood and windstorm coverage for the buildings.

Public sources describe the fee covering heated pools and spas, the fitness center, the clubhouse, fishing piers, grounds, and many building costs; confirm exactly what is included, the reserves, and the flood and windstorm coverage.

Public sources describe heated outdoor pools and spas, a fitness center, fishing piers, a clubhouse with recreation rooms, and bike and kayak storage; the Isla del Sol golf and country club is nearby as a separate membership to confirm.

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.

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, 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 on the map →
Or get your Palma Del Mar home value & selling guide →

Real comps, not a Zestimate.

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.

$2,026/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.

Palma Del Mar Market Scorecard

Thin data

Palma Del Mar is currently a thin data. Limited supply, a median asking price of n/a.

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Months supply
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Median list
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Median sold
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Per sqft
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Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, 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 condo community on Isla del Sol in St. Petersburg, in Pinellas County's 33715 ZIP, on Boca Ciega Bay near the Gulf beaches.
What kind of homes are here?
Public sources describe mid-rise condo buildings built between roughly 1979 and 1985, with units described from around 730 to 1,250 square feet. Condition and updates vary unit to unit.
Is Palma Del Mar waterfront?
Yes. Public sources describe it as a waterfront condo community on Boca Ciega Bay on Isla del Sol, with bay views and fishing piers. Confirm the view and exposure for a specific unit.
Does Palma Del Mar flood?
As a low-lying island condo community it carries flood and windstorm exposure, and the 2024 storms brought surge to St. Pete islands. Read the elevation and the buildings' flood picture before you offer.
What is the condo fee, and is there a CDD?
A monthly condominium fee covers the amenities and many building costs, described in a range; there is no CDD. The island setting and reserve and inspection rules shape the fee, so confirm the fee, reserves, and any assessment.
What amenities does it have?
Public sources describe heated outdoor pools and spas, a fitness center, fishing piers, a clubhouse with recreation rooms, and bike and kayak storage, with the Isla del Sol golf and country club nearby.
Can I finance a condo here?
Financing an early-1980s 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.
What about the milestone inspection?
As an early-1980s building, milestone-inspection and structural-integrity requirements under Florida's condo-safety reforms apply. Read the inspection status and any required repairs and funding.
How far is the beach and downtown?
St. Pete Beach is roughly five to ten minutes by car, and downtown St. Petersburg about fifteen to twenty minutes.
What should I check before buying here?
Read the elevation and flood picture, the association budget, reserves, and inspection status, any assessment, lender approval, and the unit's condition and view.
Is Palma Del Mar a good value?
A waterfront condo near golf and the Gulf can be a solid value. The fee, the reserves, the inspection, and the island flood picture drive the real value; read them carefully.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On a low-lying island condo where reserves, inspection, flood, and insurability swing value, having your own representation is the highest-leverage decision you make.
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, 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 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 280+ 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.
Buyers who want a waterfront condo near golf and the Gulf beachesExcellent fit
Anyone who values heated pools, a fitness center, and fishing piersExcellent fit
Buyers close to the Isla del Sol golf and country clubExcellent fit
Buyers who will read the condo fee, reserves, and flood pictureExcellent fit
Buyers who will read the milestone inspection and the island flood pictureExcellent fit
Buyers who want a single-family home or a private yardProbably not
Anyone not prepared for low-lying 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 a single-family home or an inland locationProbably 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.