Palmetto Cove in Fort Myers

Palmetto Cove
Condos for Sale in Fort Myers, FL

Community in Fort Myers · Lee County · ZIP 33919
Median sale $228K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
15/100
Market Heat
Cooler than normal
2015 → 2026 · 91 at the 2022 peak
0 is Palmetto Cove's coldest market since 2015, 100 its hottest. Today: 15. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily

As of September 2026, Palmetto Cove in Fort Myers, FL has 11 homes for sale, asking from $225,000 to $350,000 (median $268,900). Over the 12 months ending 2026-07-29, 13 recorded sales closed at a median of $228,000, $187 per square foot, a median 79 days on market, sellers accepting 91% of original asking (-16% versus the prior year). Homes listed or recently sold were built 2007–2019; 4 of 11 report an HOA (median $575/mo); 9 of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 8 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $3,640 ($2,980 with the full homestead exemption).

Live · Palmetto Cove Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$228K
Median sold · 12 mo
down 16.5% vs the prior 12 months
-16.5%
1-yr price change
n = 13 and 9 sales in the two windows
$187/sf
Sold $/sqft · 12 mo
peak $243 in 2023
90.6%
Sale vs ask
Tempo
79days
Median DOM · closed
3 days at the 2022 low
13
Sold · last 12 mo
10-yr average: about 15 a year
Ownership and context
69%
Cash buyers · Palmetto Cove
9 of 13 sales, 12 mo ending July 2026
Track record · 12 years of records
1,347sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Palmetto Cove

Live MLS inventory for Palmetto Cove. 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 Palmetto Cove listings as of 2026-09-11, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palmetto Cove is pricing in real time right now, and the numbers tell a consistent story: a median of $228,000, a year-over-year drop of 16.5%, and a median 79 days on market. That combination points to a market where sellers are adjusting to buyer resistance rather than the other way around. Price per square foot sits at $186.67, which gives buyers a workable benchmark for comparing condition and layout across listings.

With a market heat score of 15 and only 13 closings in the current window, this is a thin, buyer-leaning market. That does not mean homes are distressed, it means there is less competitive pressure and more room to negotiate on price and terms. Sellers here need realistic pricing from day one; buyers who do their homework on comps can move with confidence.

Palmetto Cove Housing Pulse · Momentum Research · as of July 29, 2026

Palmetto Cove right now

🔴 Off the recent peak. The trailing-12-month median ($228K) is down 16.5% from the prior 12 months ($273K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending July 29. Confidence: Medium (13 and 9 sales in the two windows).

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

Updated July 29, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Palmetto Cove market snapshot (as of July 29, 2026): the median sale price is about $228K ($187 per sq ft over the trailing 12 months of closed sales), and a median 79 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (13 closings in the current window).

Palmetto Cove sits in Fort Myers within Lee County, an area where recent closings show a market recalibrating on price rather than racing ahead. The current data reflects a modest close count, which means each transaction carries more weight in reading the trend.

Best for

  • Buyers with flexible timelines who can wait through a slower sales cycle for the right price
  • Buyers focused on the home itself, comfortable that no community amenities are documented in current listings
  • Value-oriented buyers who want to use recent price softening as negotiating leverage

Probably not for

  • Buyers expecting quick closings in a low-competition, extended-marketing-time environment
  • Sellers hoping to price at prior-year levels without adjusting for the recent decline
  • Buyers who prioritize on-site community amenities as a core requirement

Windows contain 4 to 26 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K2014201620182020202220242026
Down 16.5% year over year.
Every sale since 2014 · price vs size
$0$200K$400K1k1k2k
164 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$2502014201620182020202220242026
Up from $101 in 2014 to a $243 peak in 2023; $187 now.
Median days on market · closed sales
0501002014201620182020202220242026
3 days at the 2022 low; 79 now.
Sale price vs original ask · median
90%100%2014201620182020202220242026
90.6% now.
Homes sold per 12-mo window
010202014201620182020202220242026
4 to 26 a year; 13 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
91 at the 2022 peak, 12 in the troughs, 15 now. Same score as the hero card, full history.

The real cost & risk here

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

$2,141/mo
Lee County typical true cost to own
$183/mo
Lee 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.

Palmetto Cove Market Scorecard

Thin data

Palmetto Cove is currently a thin data market. Limited supply, a median asking price of $268,900, and homes go under contract in about 70 days.

n/a
Months supply
$268,900
Median list
n/a
Median sold
$196
Per sqft
70
Days on mkt
11/0/0
Active/Pend/Sold

Typical home value in the 33919 ZIP is $245,004, about 33.1% below the Florida norm (Zillow Home Value Index).

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

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

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Palmetto Cove today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Palmetto Cove.

Best Buy
Buyers comfortable with a slower-moving market who want room to negotiate on price and terms.
Biggest Risk
Pricing a listing without accounting for the 16.5% year-over-year decline can stall a sale well past the median timeline.
Sweet Spot
Buyers using the $186.67 per-square-foot figure as a real anchor for comparing condition across listings.
Avoid If
You need a fast, competitive-offer transaction or are relying on shared community amenities as part of the decision.

Reading the Numbers Correctly

The median price of $228,000 and price per square foot of $186.67 give a workable baseline, but the 16.5% year-over-year decline is the number that matters most for anyone pricing a listing or writing an offer today. This is not a market where last year's comps hold up without adjustment.

A median of 79 days on market confirms what the heat score already suggests: homes here are not moving quickly, and sellers who price at or above last year's levels risk sitting well past that median. Community amenities are not identified from current MLS listings, so buyers should treat this as a market defined by the home itself and its immediate location rather than shared facilities.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, with only 13 recent closings, the difference between an accurate price and a guess is significant. We track the individual sales that make up these numbers, not just the averages, so pricing and offer strategy reflect what is actually happening in Palmetto Cove right now, not last year's assumptions.

Palmetto Cove in 15 seconds.

Best forBuyers comfortable with a slower-moving market who want room to negotiate on price and terms.
Biggest advantageA negotiating window created by soft demand and longer time on market.
Biggest riskPricing a listing without accounting for the 16.5% year-over-year decline can stall a sale well past the median timeline.
Sweet spotBuyers using the $186.67 per-square-foot figure as a real anchor for comparing condition across listings.
Avoid ifYou need a fast, competitive-offer transaction or are relying on shared community amenities as part of the decision.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

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

What is your Palmetto Cove home worth?

Get a no-obligation home value based on real comparable sales in Palmetto Cove, 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 Palmetto Cove on the map →

Real comps, not an automated estimate.

Recently off market in Palmetto Cove

Homes in Palmetto Cove that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Palmetto Cove?
The median sale price in Palmetto Cove was $228K over the 12 months ending July 29, 2026 (13 closed sales, Florida Gulf Coast MLS).
How long do homes in Palmetto Cove take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 79 days on market (13 sales, Florida Gulf Coast MLS).
Do cash buyers compete in Palmetto Cove?
Cash buyers took 69% of Palmetto Cove sales in the 12 months ending July 2026 (9 of 13 closings, Florida Gulf Coast MLS).
Who is the best real estate agent for Palmetto Cove?
The best agent for Palmetto Cove is one who actively works Fort Myers and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palmetto Cove.
How do I find a top Fort Myers real estate agent who knows Palmetto Cove?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palmetto Cove and the wider Fort Myers area.
Can Momentum Realty connect me with an agent for Palmetto Cove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palmetto Cove purchase or sale - no call center and no pressure.
Buyers with flexible timelines who can wait through a slower sales cycle for the right priceExcellent fit
Buyers focused on the home itself, comfortable that no community amenities are documented in current listingsExcellent fit
Value-oriented buyers who want to use recent price softening as negotiating leverageExcellent fit
Buyers expecting quick closings in a low-competition, extended-marketing-time environmentProbably not
Sellers hoping to price at prior-year levels without adjusting for the recent declineProbably not
Buyers who prioritize on-site community amenities as a core requirementProbably not

Nearby Communities

Explore more neighborhoods near Palmetto Cove with Momentum Realty’s local guides.

HSHawaiian So0.1 mi awayCCCarissa Condo0.2 mi awayMCMyerlee Circle Condo0.2 mi awayMCMyerlee Country Club Estates North Condo0.2 mi awayCKCypress Keep Condo0.3 mi awayMGMyerlee Gardens Condo0.3 mi awayFVFiesta Village First0.3 mi awayRARiverside Avenue Villas0.3 mi away

Browse all neighborhood guides →

Data sources & freshness

Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending July 29, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (164 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Palmetto Cove? 13 recorded closings; median 79 days on market (window ending 2026-07-29). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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