Palmas de Mallorca in Daytona Beach Shores

Palmas de Mallorca Homes for Sale in Daytona Beach Shores, FL

Established 1988 · Intracoastal West · ZIP 32224

A 2007 boutique oceanfront condominium at 3811 South Atlantic in Daytona Beach Shores, just 14 direct-ocean residences with two per floor on the no-drive beach.

Direct oceanfront14 units, two per floor2007 boutique building

Live Market Pulse

49/100
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 Palmas de Mallorca

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

$690K

Median Price

12mo

Supply

34days

Avg DOM

Soft

Seller Leverage

$307/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Palmas de Mallorca is one of the most private oceanfront condominiums in Daytona Beach Shores: a 2007 boutique, Mediterranean-style building of just 14 direct-ocean residences, two per floor, on the car-free section of the beach (Highrises.com, 2026; 386realestate, 2026). The read is exclusivity and space, large three-bedroom plans, a private elevator-landing feel, and a quiet no-drive setting, rather than the dense towers nearby. The trade is carrying cost: a seven-story 2007 building still falls under Florida's condominium milestone-inspection and reserve law, and a 14-unit association spreads big-ticket costs across few owners, so underwrite the reserves and insurance closely."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palmas de Mallorca market snapshot (as of June 25, 2026): the median sale price is about $690K ($307 per sq ft), with homes averaging 34 days on market and 12.0 months of supply, a buyer-leaning market (limited data). Based on 1 recent closings in live Daytona-area MLS data.

Palmas de Mallorca is a direct-oceanfront condominium at 3811 South Atlantic Avenue in Daytona Beach Shores, Volusia County, on the barrier island along the no-drive section of the beach.

Completed in 2007, it is a boutique seven-story building of only 14 residences, two per floor, which makes it one of the most private condominiums in the Daytona Beach area (Highrises.com, 2026; 386realestate, 2026). The Mediterranean-style building offers exclusively direct-oceanfront units.

Floor plans are large, featuring three bedrooms and two or more baths with square footage varying by position in the building, and amenities include an oceanfront heated pool, a fitness area, and a meditation garden with a spa, set on the car-free beach (386realestate, 2026).

Because Palmas de Mallorca dates to 2007 and stands seven stories, the central buyer question is structural and financial: it falls under Florida's condominium milestone-inspection and reserve-study requirements, and with only 14 units the per-owner share of any reserve funding or assessment is concentrated, so the milestone status, reserves, master insurance, and assessment history are what a buyer is really underwriting.

Quick Match

Who Palmas de Mallorca is best for.

Best for

Buyers who want a private, low-density direct-oceanfront residence with three bedrooms
Owners who value a boutique 2007 building on the no-drive beach over a dense tower
Buyers who will read a small oceanfront association's reserve and insurance documents

Probably not for

Buyers who want a small, low-fee beach unit
Investors seeking nightly or weekly vacation-rental income
Buyers uneasy with a 14-unit association concentrating reserve and assessment costs

Market Pulse

How Palmas de Mallorca is performing right now

49/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

12Months of supplytight

34Median days on marketdays

0 : 1Under contract vs for salestrong demand

1Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+8%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 Palmas de Mallorca listings and the trailing twelve months of closed sales.

Where prices are goingn/a2026 YTD

Median sale price by year. Tap a label to compare Palma Bella 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 footn/a2026 YTD

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

Supply and demand now1 : 0active : pending

For sale1

Pending0

Sold 12mo1

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 Palmas de Mallorca buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Palmas de Mallorca

Live MLS inventory for Palmas de Mallorca. 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.

3811 S Atlantic Avenue #502 home for sale in Palmas de Mallorca

Active · 34 daysTop listing

$925,000

3 bd · 3.5 ba · 2,804 sqft · built 2007

3811 S Atlantic Avenue #502, Daytona Beach Shores, 32118

Reno opportunityBest value

Listed by Beycome of Florida LLC

Interactive Map

Palmas de Mallorca 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 Palmas de Mallorca. They are approximate and vary with traffic and your exact start point.

The Atlantic beach (no-drive)~1 min · direct oceanfront, car-free sand

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 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 Palmas de Mallorca Homes for Sale in Daytona Beach Shores, FL with Momentum Realty’s local guides.

Ocean Villas Condominium in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.1 mi

La Vista Del Sol Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.1 mi

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

Danbury Breakers Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.3 mi

Captiva Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.3 mi

Oceans Eight Condominium in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.3 mi

Oceans Atrium One Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.4 mi

Oceans Three Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.4 mi

Oceans Two Homes for Sale in Daytona Beach Shores, FLDaytona Beach Shores, FL · 0.4 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

Palmas de Mallorca (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

Palmas de Mallorca 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 Palmas de Mallorca address.

The takeaway

What actually affects Palmas de Mallorca owners, sourced and dated. We do not publish rumor.

Recent Developments in Palmas de Mallorca

Development Intelligence

Our read on what is being built around Palmas de Mallorca, 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 seven-story building. With only 14 units, how the association has funded those requirements is an outsized 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, Palmas de Mallorca must complete milestone inspections and a structural integrity reserve study and fund the reserves; with 14 units the per-owner cost is concentrated, but the result is a documented building. impact

SignificanceRadius: Building-wide

Florida milestone inspection and reserve-study requirements

Boutique, low-density direct-oceanfront building

BullishOnly 14 residences with two per floor, exclusively direct-ocean, on the no-drive beach is a scarce profile that supports premium owner-occupant demand. impact

SignificanceRadius: Daytona Beach Shores

Boutique, low-density direct-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 Palmas de Mallorca, 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, and associations may no longer waive the reserve funding the studies identify. Why it matters: For a seven-story 2007 building with only 14 units like Palmas de Mallorca, request the milestone inspection result, the reserve study, and the funding plan; with few owners, the per-unit share of any funded reserve or assessment is the number that decides the real cost. 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 Palmas de Mallorca buying strategy.

If we were buying in Palmas de Mallorca, 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 result, the structural integrity reserve study, and the funding plan before you offer.

Pull three years of budgets and the assessment history. With 14 units, ask what special assessments have been levied or are planned and how reserves are funded per owner.

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

Confirm the rental and pet rules in writing. Verify the current minimum-lease term and pet policy with the association if either matters to you.

Comp by floor and exposure within a tiny inventory. With only 14 units, sales are infrequent; price against the closest same-stack sale and recent boutique-oceanfront comparables nearby.

The Quick Decision

Best Buy

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

Biggest Risk

A 14-unit oceanfront association concentrating reserve and special-assessment costs, plus oceanfront master-insurance cost.

Best Lot

Higher floors carry the premium; every unit is direct-ocean, so floor and finish separate them more than exposure does.

Smart Timing

Palmas de Mallorca trades rarely given only 14 units; pricing tracks the building's documented health and the scarcity of inventory 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

Palmas de Mallorca is a 2007 boutique, Mediterranean-style oceanfront condominium at 3811 South Atlantic Avenue in Daytona Beach Shores, Volusia County, on the no-drive section of the beach. The seven-story building holds only 14 residences, two per floor, all exclusively direct-oceanfront, with large three-bedroom plans and amenities including an oceanfront heated pool, a fitness area, and a meditation garden with spa (Highrises.com, 2026; 386realestate, 2026). As a seven-story building over three stories, it falls under Florida's condominium milestone-inspection and reserve-study requirements, and with only 14 units the per-owner share of reserve funding and insurance is concentrated, which makes the association's documented structural and reserve health the central question for buyers.

Palmas de Mallorca Homes For Sale

What your money buys in Palmas de Mallorca.

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 Palmas de Mallorca 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 residences

$690K to $690K

Lower-floor three-bedroom residences, the relative value at Palmas de Mallorca. Every unit is direct-ocean; buy on the building's documents first and confirm the reserve and assessment status.

Lowest entry

Mid: mid-floor residences

$690K to $690K

Mid-floor three-bedroom residences, the core of this tiny building. Floor, finish, and condition separate them; verify the association's reserve and insurance position.

Most inventory

High: high-floor residences

$690K to $690K

Higher-floor residences set the building's ceiling. Height, the full ocean view, and updates drive the premium; price each on its floor, 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 ~$690K buys here.

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

$690K to $690K

Entry: lower-floor residences

Lower-floor three-bedroom residences, the relative value at Palmas de Mallorca. Every unit is direct-ocean; buy on the building's documents first and confirm the reserve and assessment status.

$690K to $690K

Mid: mid-floor residences

Mid-floor three-bedroom residences, the core of this tiny building. Floor, finish, and condition separate them; verify the association's reserve and insurance position.

$690K to $690K

High: high-floor residences

Higher-floor residences set the building's ceiling. Height, the full ocean view, and updates drive the premium; price each on its floor, 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 Palmas de Mallorca, 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 Palmas de Mallorca 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 Palmas de Mallorca 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 Palmas de Mallorca

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.

“

Palmas de Mallorca sells privacy: 14 direct-ocean residences on the no-drive beach, two per floor. The exclusivity and the view are the draw; the purchase is a small 2007 association's milestone and reserve homework, read completely, because few owners share every cost.

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 Strength7.4/10

Renovation Risk6.0/10

Location Efficiency8.6/10

Long-Term Defensibility7.4/10

Carrying Cost Advantage5.0/10

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 Palmas de Mallorca 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 floors carry the premium; every unit here is direct-ocean.
Lower floors are the relative value if the documents check out.
A 14-unit association moves all owners' costs together; read the reserves first.

At Palmas de Mallorca, value sorts by floor, finish, and condition rather than exposure, since every one of the 14 residences is direct-oceanfront. Higher floors command the premium, while lower floors are the relative value for buyers who confirm the building's structural and reserve status. Because it is a seven-story 2007 building under Florida's condominium safety law with only 14 owners, the milestone result and reserve funding move every unit's true cost together and are concentrated per owner, so underwrite the building first, then price the specific unit on its floor and finishes against scarce boutique-oceanfront comparables.

The 15-Second Verdict

Palmas de Mallorca in 15 seconds.

Best forBuyers who want a private, low-density direct-oceanfront residence and will read a small association's reserve and insurance documents.

Strong onA boutique 2007 building, only 14 units with two per floor, exclusively direct-ocean, an oceanfront pool and spa garden, on the no-drive beach.

WatchA 14-unit association concentrating reserve and special-assessment costs, and oceanfront master-insurance cost under Florida's condo safety law.

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

The edgeTwo residences per floor and only 14 in the building give it a privacy and exclusivity the dense Shores towers cannot match.

HOA, CDD & Fees

15-Second Take

Fees fold in master insurance, water, cable, and the oceanfront amenities; confirm the inclusions.
With only 14 units, reserve funding and insurance are spread across few owners; read the numbers.
Verify the current rental minimum in writing before relying on any rental plan.

Palmas de Mallorca is a boutique oceanfront condominium, so monthly fees apply and typically cover master insurance, water and sewer, cable, exterior and grounds maintenance, the oceanfront pool and amenities, and reserves. With only 14 units, the per-owner share of insurance and reserves is concentrated, so confirm the current assessment, what it covers, the reserve position, and any planned special assessments with the association.

Master building insurance, water and sewer, cable, exterior and common-area maintenance, the oceanfront heated pool, the fitness area and meditation garden with spa, 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, fitness area, and meditation garden with spa. Confirm current amenities and rules with the association.

Run Your Numbers

Tools for a Palmas de Mallorca 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 Palmas de Mallorca.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 Palmas de Mallorca

Thinking of selling at Palmas de Mallorca?

Your buyer is comparing the boutique oceanfront Shores buildings on privacy, floor, and the association's health. Sell the documented story: the milestone inspection, funded reserves, the assessment history, the two-per-floor privacy, 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 Palmas de Mallorca, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Palma Bella, 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 Palmas de Mallorca home worth?

Get a no-obligation home value based on real comparable sales in Palmas de Mallorca 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 Palmas de Mallorca on the map →

Real comps, not a Zestimate.

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.

Palmas de Mallorca Market Scorecard

Buyer-Leaning Market (limited data)

Palmas de Mallorca is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $925,000, and homes go under contract in about 39 days.

12.0

Months supply

$925,000

Median list

$690,000

Median sold

$307

Per sqft

Days on mkt

1/0/1

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 Palmas de Mallorca?

It is a direct-oceanfront condominium at 3811 South Atlantic Avenue in Daytona Beach Shores, Volusia County, on the no-drive section of the beach.

When was Palmas de Mallorca built?

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

How many units are in Palmas de Mallorca?

Only 14 residences, two per floor, which makes it one of the most private condominiums in the Daytona Beach area (Highrises.com, 2026; 386realestate, 2026).

How large are the units?

Floor plans feature three bedrooms and two or more baths, with square footage varying by position in the building. Confirm the exact size for any specific unit.

What amenities does Palmas de Mallorca have?

An oceanfront heated pool, a fitness area, and a meditation garden with spa, on the car-free beach, with exclusively direct-oceanfront residences (386realestate, 2026).

Can I rent out a unit?

Confirm the current minimum-lease term and any rental cap in writing with the association before you rely on it; small associations often limit rentals.

What does the 2007 construction and small size mean for buyers?

It is a newer boutique building, but as a seven-story building it falls under Florida's condo safety law, and with only 14 units the per-owner share of reserves and assessments is concentrated. Request the milestone result, reserve study, and funding plan.

What are the condominium fees?

Monthly fees apply and generally include master insurance, water and sewer, cable, exterior maintenance, the oceanfront amenities, and reserves. Verify the current figure and what it covers with the association.

Are pets allowed?

Confirm the current pet policy with the association, as small oceanfront buildings often have specific limits.

What schools serve Palmas de Mallorca?

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 exposure.

Is Palmas de Mallorca a good buy?

For buyers who want a private, boutique direct-oceanfront residence it can be. The decision turns on the small association's documented health and the all-in monthly, so verify the milestone, reserves, and insurance before you commit.

Who is the best real estate agent for Palmas de Mallorca?

The best agent for Palmas de Mallorca 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 Palmas de Mallorca.

How do I find a top Daytona Beach Shores real estate agent who knows Palmas de Mallorca?

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 Palmas de Mallorca and the wider Daytona Beach Shores area.

Can Momentum Realty connect me with an agent for Palmas de Mallorca?

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

The Verdict

Should you buy in Palmas de Mallorca?

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

You want a private, low-density direct-oceanfront residence with three bedroomsExcellent fit

You value a boutique 2007 building on the no-drive beachExcellent fit

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

You want a small, low-fee beach unitProbably not

You want nightly or weekly vacation-rental incomeProbably not

You are uneasy with a 14-unit association concentrating reserve and assessment costsProbably not

Get the inside read on Palmas de Mallorca

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Palmas de Mallorca 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 Palmas de Mallorca 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.

Palmas de Mallorca Homes for Sale in Daytona Beach Shores, FL

The 60-Second Overview

Who Palmas de Mallorca is best for.

Best for

Probably not for

How Palmas de Mallorca is performing right now

Homes For Sale Right Now in Palmas de Mallorca

Palmas de Mallorca on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Palmas de Mallorca

Florida milestone inspection and reserve-study requirements

Boutique, low-density direct-oceanfront building

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

The Palmas de Mallorca buying strategy.

The full read, only if you want it.

What your money buys in Palmas de Mallorca.

What ~$690K buys here.

Renovation & Resale Intelligence

The renovation premium.

The unit premium.

How well Palmas de Mallorca holds value.

5 Mistakes Buyers Make in Palmas de Mallorca

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 Palmas de Mallorca is different.

Which Lots & Views Hold Value Best

Palmas de Mallorca in 15 seconds.

HOA, CDD & Fees

Tools for a Palmas de Mallorca buy.

Thinking of selling at Palmas de Mallorca?

In Palmas de Mallorca, condition and view decide your number

What is your Palmas de Mallorca home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Palmas de Mallorca Market Scorecard

Frequently Asked Questions

Should you buy in Palmas de Mallorca?

Get the inside read on Palmas de Mallorca

You are all set.

Need to sell fast in Duval County?

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

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