Palmas de Mallorca in Daytona Beach Shores

Palmas de Mallorca

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.
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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
19days
Avg DOM
Soft
Seller Leverage
$307/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
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 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.

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

How Palmas de Mallorca is performing right now

49/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
12Months of supplytight
19Median 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 10, 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.

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.

Active and pending Palmas de Mallorca listings as of 2026-06-10, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc.. Tap any home to ask about it.

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.

The takeaway

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

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 with Momentum Realty’s local guides.

The PeninsulaDaytona Beach Shores · 1.9 miRiverplace One HundredDaytona Beach · 2.1 miHalifax LandingSouth Daytona · 2.3 miDBDaytona Beach Shores Oceanfront CondosDaytona Beach Shores · 2.9 miGDGeorgetowneDaytona Beach · 3.4 miODThe OceansDaytona Beach Shores · 3.5 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

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 ↓

  1. 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.

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.

1

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

2

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.

3

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.

4

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.

5

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.

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.
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

The Homes

Gating

Dual-gated, with attended North and South entrances.

Styles & age

Traditional, ranch, and contemporary single-family, built 1987-2000.

Lots & sizes

Golf, lake, preserve, and interior lots (~0.25-0.5+ acres); homes ~2,400-4,000 sq ft.

Builder

Arvida (with JMB Partners).

Costs & Governance

CDD

None. No Community Development District bond on the tax bill.

POA dues

Quarterly POA dues (separate from the club) vary by lot size and include Hotwire internet and cable TV. Confirm the current amount.

Amenities & Lifestyle

Golf

18-hole course and a 26,000 sq ft member-owned clubhouse (membership optional).

Pool & fitness

Heated club pool, a fitness center, and ten lighted clay tennis courts.

Kids

In-community Woodland Park with a playground, basketball court, and sports field.

Getting around

Sidewalks on some roads; a golf-cart-friendly community.

Location & Nearby

Setting

Intracoastal West Jacksonville, ZIP 32224, off Hunt Club Road.

Nearby

Under 15 minutes to the beaches, St. Johns Town Center, and Mayo Clinic; UNF about 8 minutes.

Schools

Duval County: Chets Creek, Kernan Middle, Atlantic Coast (ratings below).

Homes & Architecture

Palmas de Mallorca homes were built largely between 1987 and 2000 in traditional, ranch, and contemporary styles, on a mix of golf frontage, lakefront, preserve, and interior lots. Because the community is built out, you are buying into a spectrum that runs from original 1990s condition to fully renovated, and the price gap between the two is enormous. A dated home and a beautifully renovated one a few doors apart can differ by hundreds of thousands of dollars, which is exactly where buyers overpay or find value.

This makes Palmas de Mallorca a renovation market as much as a resale market. Many of the best buys are homes in great locations that need updating, where an honest budget for roof, HVAC, pool, and modernization turns a dated house into a strong long-term hold. The risk is underestimating that budget, which is why reading the renovation math is the core skill here.

More on Living in Palmas de Mallorca

The depth without the wall of text. Open what matters to you.

Location and commute
Palmas de Mallorca's Intracoastal West position is a big part of its appeal. It is about four miles from the Atlantic beaches, roughly a 10 to 15 minute drive, and about ten minutes from the St. Johns Town Center for shopping and dining. The UNF and Mayo Clinic corridor is close, and Downtown and the Southside job centers are an easy reach via Beach and JT Butler boulevards.
Traffic reality
The community itself is quiet and gated, but the surrounding Hodges, Beach, and JT Butler boulevard corridors are busy and commercial, and continue to develop. That is the trade-off for the central, convenient location, with everyday shopping and dining minutes away. Test-drive your real commute at your real departure time.
Shopping and dining
The St. Johns Town Center, one of the region's largest shopping and dining destinations, is about ten minutes away, and the Beach Boulevard and Hodges corridors cover everyday needs. The beaches at Atlantic, Neptune, and Ponte Vedra are a short drive east for dining and recreation.
Insurance and flood
As an Intracoastal West community a few miles inland with 26 community lakes, flood exposure varies lot by lot, so pull the exact FEMA flood zone for a specific address rather than assuming. On the homeowners side, roof age is the biggest swing on a 1990s home, so a recently re-roofed house is far easier and cheaper to insure. Always get a real insurance quote on the specific home.
Palmas de Mallorca Buyer Due Diligence

Before you write an offer on any Palmas de Mallorca home, run this list. Missing any one of these is how buyers overpay or inherit a problem.

Property Systems

  • Roof and HVAC age, and the resulting insurance quote
  • Pool equipment age and condition
  • An honest renovation budget for roof, HVAC, pool, and updates

Financial

  • POA dues and inclusions (Hotwire internet and cable, access control) in writing
  • The club decision and the true cost of the membership you would use
  • Total carrying cost: HOA, optional club, insurance, near-term repairs

Resale Strength

  • Lot quality and view, and whether the premium is fair
  • Golf, lake, or preserve frontage versus an interior lot
  • The interior-lot warning: where buyers overpay

Verification

  • Flood zone for the specific parcel, given the community lakes
  • School zoning by address, confirmed with the district
  • True closed comps by condition and lot, not a Zestimate

Questions we ask on a specific home

The questions a local who knows Palmas de Mallorca asks are different from the ones a portal answers. On any specific home, we want to know:

  • Homes along the fairways at Palmas de Mallorca

    How old are the roof, HVAC, and pool equipment, and what does that do to the insurance quote?

  • Clubhouse entrance at Palmas de Mallorca

    What is the honest renovation budget to bring this home current?

  • Lakes and amenities at Palmas de Mallorca

    What does the view back to: golf, lake, preserve, or another home?

  • Clubhouse at Palmas de Mallorca

    What exactly do the POA dues include (Hotwire internet and cable, access control), and what would the club cost at the tier we would use?

  • Gated entrance at Palmas de Mallorca

    Is this one of the stronger resale lots, or a base lot priced like a premium one?

  • Aerial of Palmas de Mallorca

    How does this home compare to the closest active and sold listings in Glen Kernan?

Jon Brooks · Co-Founder, Momentum Realty

Palmas de Mallorca is a condition game. The gates, the course, and the location are priced into every listing, so the money is made or lost on the renovation math, the lot and view, and the club decision. A dated interior home and a renovated golf-frontage home are completely different buys at very different true costs, even when the list prices look close. The listing agent works for the seller. Our job is to read the renovation honestly, verify the POA inclusions and the full carrying costs, pull the true comparable sales, and structure an offer that protects you.

Our advice to Palmas de Mallorca buyers is to cross-shop it against Glen Kernan and Deerwood on location, lot, and total cost of ownership, and to move decisively on the right golf or lakefront home, since the best views still sell fast. With no CDD and an optional, affordable club, Palmas de Mallorca is one of the strongest values among Jacksonville's gated golf communities for the buyer who reads it right.

Palmas de Mallorca vs. Comparable Communities

How Palmas de Mallorca cross-shops against the communities buyers most often weigh against it, on the factors that actually decide the buy.

CommunityEntryNo CDD?ClubTo BeachBest ForThe Watch-Out
Jacksonville G&CC$$YesMember-owned, optional~15 minGated golf without Ponte Vedra pricing1990s resale condition
Glen Kernan$$$$YesMember-owned~15 minAll-custom estate buyersHigher entry, thin market
Deerwood$$$YesPrivate country club~25 minEstablished prestige, larger lotsOlder stock, farther from beach
Queens Harbour$$$YesYacht & country club~15 minBoating & Intracoastal accessMarina/club fees, higher entry
Pablo Creek Reserve$$$$YesLuxury enclave (no on-site club)~10 minNewer custom luxuryTop-of-market pricing
Nocatee$$NoMaster-planned amenities~20-25 minNew construction & amenitiesFull CDD, longer drive
Sawgrass Country Club$$$YesResort golf & tennis~10 minPonte Vedra resort lifestyleHigher priced

Cross-shop read from Momentum. Entry tiers ($$ from the high $600s, $$$ around $1M+, $$$$ estate-level), club style, and drive times are approximate orientation, not quotes. Confirm CDD status, fees, and current pricing per community and parcel.

Who Palmas de Mallorca Fits Best

We would rather tell you the truth than sell you the wrong house. Here is who Palmas de Mallorca fits, and who should look elsewhere. It is a property question, not a personal one.

Great fit if you want

  • A gated, established golf community in a central, convenient location.
  • An optional, relatively affordable member-owned club.
  • No CDD and a strong resale story on the right lot.
  • Renovation upside on a well-located 1990s home.
  • Minutes to the Town Center, beaches, UNF, and Mayo Clinic.

Probably not ideal if you want

  • A brand-new build with the latest finishes and a builder warranty.
  • The lowest possible entry price; this is a seven-figure market on average.
  • A turnkey home with zero renovation, with no premium to pay for it.
  • No HOA structure and none of the rules that come with a gated community.
  • Estate-size acreage; lots here are master-planned, not sprawling.

The honest trade-offs

Pros

  • Gated, established golf community in a central Intracoastal West location.
  • 18-hole course and a member-owned club with optional, relatively affordable dues.
  • NO CDD, a real carrying-cost edge over newer master plans.
  • Minutes from the St. Johns Town Center, beaches, UNF, and Mayo Clinic.
  • Dual attended gates and 26 lakes give it a mature, private character.
  • Renovation upside on well-located 1990s homes.

Cons

  • A seven-figure market on average; not an entry-level community.
  • All-resale 1990s housing stock that often needs updating.
  • HOA dues plus optional club costs to budget separately.
  • The best golf and lakefront lots command premiums and sell fast.
  • Busy surrounding Hodges, Beach, and JT Butler corridors.
  • No new construction; every purchase is a resale.
The takeaway

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

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.

$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.

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.

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.

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 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.

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
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.

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.

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

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.

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.

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 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.

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Palmas de Mallorca year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

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 19 days.

12.0
Months supply
$925,000
Median list
$690,000
Median sold
$307
Per sqft
19
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).

Zoom out for the wider market: ZIP market scorecard · county scorecard.

Live data: © 2026 Daytona Beach Area Association of REALTORS®, Inc. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

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.
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

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