Palmetto Cove in Tampa

Palmetto Cove Homes for Sale in Tampa, FL

Townhome community · Hillsborough County · ZIP 33610

A gated, maintenance-inclusive townhome buy in east Tampa, built for low-fuss ownership near I-4 and I-75.

Gated townhomesAll-inclusive HOAI-4 and I-75 access
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Palmetto Cove is a single gated townhome community, so the read is the HOA scope, the building and roof condition, and the specific unit, not a townwide average.
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Unlock Off-Market Palmetto Cove

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
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Palmetto Cove is a gated townhome community off Limerick Drive in east Tampa, built around 2007 to 2008, so the read is different from a single-family subdivision: the value turns on the all-inclusive HOA scope, the condition of the building and roof, and the specific unit and its location within the community. The monthly dues here are high because they bundle exterior and grounds maintenance, the community pool, master insurance, water, sewer, trash, pest control, and cable and internet (HOA listing summaries, 2026), so the carrying-cost math is the heart of the decision and should be confirmed against the current budget and any pending assessment. Your leverage is reading the association reserves, the roof and exterior condition, and the unit itself, then pricing condition honestly against true comps inside the community."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palmetto Cove is a gated townhome community in east Tampa, off Limerick Drive in the Mango and Palm River part of Hillsborough County, ZIP 33610. The townhomes were built around 2007 to 2008, with two-story two and three bedroom floor plans roughly in the 1,360 to 1,530 square foot range (county and listing records, 2026).

This is a maintenance-inclusive community. The monthly HOA dues are high by townhome standards because they bundle exterior and grounds upkeep, the community roads, the pool, master property insurance, water, sewer, trash, pest control, and cable and internet (HOA listing summaries, 2026). That trade, a higher monthly fee for lock-and-leave simplicity, is the defining feature of the buy.

Because it is one gated community rather than a sprawl of subdivisions, the deal is made or lost on the association, not the area average. The reserves, the roof and exterior condition, any pending special assessment, and the specific unit are what set the number, so the diligence is on the HOA budget and the building, not just the finishes inside.

The pitch is access and simplicity: a gated townhome with most upkeep handled, close to I-4 and I-75 and the Brandon retail corridor, with downtown Tampa and the airport a manageable drive. The work is confirming the HOA scope, the reserve health, and the condition before you fall for the convenience.

Best for

  • Buyers who want a gated, lock-and-leave townhome with upkeep handled
  • Commuters who will use I-4 and I-75 to reach Tampa and Brandon
  • Buyers who value an all-inclusive HOA over a low monthly fee
  • Buyers comfortable reading association reserves and condition before price

Probably not for

  • Buyers who want a low or no monthly HOA fee
  • Buyers who want a private yard and detached single-family living
  • Anyone unwilling to verify reserves and any pending assessment
  • Buyers who need a short, traffic-free commute into central Tampa

How Palmetto Cove is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median 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 Palmetto Cove 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 Palmetto Cove 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

Palmetto Cove trades a private single-family lot for a gated, maintenance-inclusive townhome with quick I-4 and I-75 access to Tampa, Brandon, and the airport.

Interstate 4 (I-4)~5 min · east-west access
Interstate 75 (I-75)~5 to 10 min · regional access
Brandon retail corridor~10 to 15 min · shopping and services
Downtown Tampa~15 to 20 min · via I-4
Tampa International Airport~25 to 30 min · via I-4 to I-275
Ybor City~10 to 15 min · via I-4
AdventHealth Tampa~15 to 20 min · area hospital

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

Nearby Communities

Explore more neighborhoods near Palmetto Cove Homes for Sale in Tampa, FL with Momentum Realty’s local guides.

Touchstone Homes for Sale in Tampa, FLTouchstone Homes for Sale in Tampa, FLTampa, FL · 0.7 miMVMadison Village Homes for Sale in Tampa, FLTampa, FL · 0.8 miGRGreen Ridge Estates Homes for Sale in Tampa, FLTampa, FL · 1.2 miSPSanson Park Homes for Sale in Tampa, FLTampa, FL · 1.3 miUPUceta Pines Homes for Sale in Tampa, FLTampa, FL · 1.4 miUHUceta Heights Homes for Sale in Tampa, FLTampa, FL · 1.5 miCHCanterburyLakes Homes for Sale in Tampa, FLTampa, FL · 1.6 miWTWexford Townhomes in Tampa, FLTampa, FL · 1.6 miFVFlorence Villa,East Tampa Homes for SaleTampa, FL · 1.7 mi

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Palmetto Cove (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
  • Hillsborough 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

Palmetto Cove is served by Hillsborough 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

Hillsborough 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 Palmetto Cove address.

The takeaway

What is actually shaping value around Palmetto Cove: the Tampa Bay housing and insurance reset, Hillsborough County flood-map and stormwater work after the 2024 hurricanes, and east Tampa growth along the I-4 corridor. Each item is sourced and linked.

Recent Developments in Palmetto Cove

Our read on what is being built around Palmetto Cove, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishSteady east Tampa demand and improving insurance conditions support the carrying-cost case, with the watch item being how association budgets and reserves absorb roof, paint, and insurance cycles on 2007 to 2008 buildings.

Tampa home sales soften amid insurance and storm recovery

2025
NeutralNotable impact
SignificanceRadius: County

Higher insurance costs and post-hurricane recovery slowed Hillsborough sales, which matters most for fee-heavy townhomes where carrying cost drives the decision.

Florida insurance market begins to stabilize

2025
BullishNotable impact
SignificanceRadius: Region

Rate moderation and new carriers ease pressure on association master policies, a direct input to the all-inclusive HOA fee here.

Hillsborough flood-map and stormwater reassessment

2025
NeutralNotable impact
SignificanceRadius: County

Post-2024 flood studies and possible map updates make the parcel-level FEMA check and master-policy review essential diligence.

East Tampa investment along the I-4 corridor

2025
BullishNotable impact
SignificanceRadius: Area

New jobs, housing, and industrial investment in east Tampa support area demand near the I-4 and I-75 access this community relies on.

All-inclusive HOA ties value to association health

Ongoing
NeutralMajor impact
SignificanceRadius: Community

Because dues bundle insurance and utilities, reserve funding and any special assessment drive the buy more than the headline price.

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 Palmetto Cove, 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. April 2025
    Risk

    FEMA reassesses Tampa-area flood zones after the 2024 hurricanes

    Local reporting noted that after the 2024 storms, homeowners were encouraged to carry flood insurance and that flood-zone designations across the Tampa area were under review ahead of the next storm season. Why it matters: Even outside mapped high-risk zones, the parcel-level FEMA check and a review of what the master policy covers are essential diligence here. Source

  2. March 2025
    Development

    New east Tampa development promises jobs and housing

    Reporting described a major mixed-use investment in east Tampa intended to bring jobs, housing, and infrastructure to a long-overlooked part of the city near the I-4 corridor. Why it matters: Continued east Tampa investment supports area demand near the highway access that this community depends on. Source

  3. July 2025
    Market

    Tampa home sales fall amid storm recovery and insurance increases

    Local reporting described Hillsborough County home sales cooling as buyers weighed hurricane recovery and rising insurance costs, with more listings pulled from the market. Why it matters: In a fee-heavy townhome community, softer sales and insurance pressure put the carrying-cost math front and center for buyers. Source

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

1

Read the HOA budget and reserves first. Dues here are high because they bundle insurance, water, and exterior upkeep, so the association's health drives the buy.

2

Confirm what the fee actually includes. Verify the current dues and the exact list of covered items against the association documents, not a listing summary.

3

Ask about any pending special assessment. Roof, paint, and paving cycles on 2007 to 2008 buildings can trigger assessments, so confirm the status before you offer.

4

Inspect the unit and the building. An older townhome and the shared structure both matter, so read the roof age, the exterior, and the interior condition honestly.

5

Use the location context, and cross-shop nearby east Tampa townhomes such as Palm River Townhomes if the fee or condition does not fit.

Best Buy
An updated unit in a community with funded reserves and no pending assessment
Biggest Risk
A high all-inclusive fee paired with thin reserves or a looming special assessment
Best Lot
An interior unit position with good drainage and a sound shared roof
Smart Timing
Confirm the dues, reserves, and assessment status before you offer
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

Palmetto Cove is a single gated townhome community rather than a multi-subdivision area, so the lifestyle is low-maintenance townhome living with a community pool and shared grounds, set in the Mango and Palm River part of east Tampa near I-4 and I-75. The all-inclusive HOA handles much of the exterior upkeep and several utilities, which suits lock-and-leave owners. Confirm the community's current amenities, rules, and fees in the association documents before you buy.

The takeaway

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

The Entry Unit

An original 2007 to 2008 two bedroom townhome in need of interior updates, the affordable way into the gated community.

Lowest entry
The Updated Unit

A refreshed two or three bedroom townhome in a building with funded reserves, the heart of the resale market here.

Most inventory
The Top

A larger, fully updated three bedroom unit in a well-positioned building with no pending assessment, the homes 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 Unit
An original 2007 to 2008 two bedroom townhome in need of interior updates, the affordable way into the gated community.
The Updated Unit
A refreshed two or three bedroom townhome in a building with funded reserves, the heart of the resale market here.
The Top
A larger, fully updated three bedroom unit in a well-positioned building with no pending assessment, the homes 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.

Kitchens and bathsUpdatable within the unit
Flooring and paintStraightforward cosmetic refresh
Roof and exteriorHOA controlled, confirm reserves
Systems and HVACAge-appropriate, budget replacement
Layout and footprintTownhome plan, limited expansion

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 Palmetto Cove

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.

Palmetto Cove is one gated townhome community, not an area average. The deal is won or lost on the HOA scope, the reserves, and the building and unit condition.

Jon Brooks · Founder, Momentum Realty
6.8B- · Buy Score
Resale Strength6.6/10
Renovation Risk5.0/10
Location Efficiency7.2/10
Long-Term Defensibility6.4/10
Carrying Cost Advantage5.8/10

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 Palmetto Cove 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
  • Interior unit position and good drainage hold value
  • Verify the FEMA flood zone for the exact address
  • The shared roof and exterior condition matter to the buy
  • Confirm reserves and any pending special assessment
  • Read the building and unit condition before the finishes

In a townhome community like Palmetto Cove, the parts of your money the market protects are the unit position, the shared building condition, and the association's health rather than a private lot. A sound roof and exterior, funded reserves, and no looming assessment hold value better than a deferred-maintenance building. The interior can be renovated; the building and the association cannot be fixed by one owner. Read the reserves and the building first, then price the unit condition against it.

Palmetto Cove in 15 seconds.

Best forBuyers who want a gated, lock-and-leave townhome with most upkeep handled.
Biggest advantageAn all-inclusive HOA and I-4 and I-75 access to Tampa, Brandon, and the airport.
Biggest riskA high monthly fee with thin reserves or a pending special assessment.
Sweet spotAn updated unit with funded reserves priced honestly to community comps.
Avoid ifYou want a low HOA fee or a private yard and detached single-family living.

HOA, CDD & Fees

15-Second Take
  • Dues are high because the HOA is maintenance inclusive
  • Verify the exact fee and inclusions in the association documents
  • Confirm reserve funding and any pending special assessment
  • Master insurance is bundled, confirm your interior coverage needs
  • Read the roof and exterior condition on 2007 to 2008 buildings

Palmetto Cove carries a high monthly HOA fee by townhome standards because it is maintenance inclusive. Listing summaries describe dues that bundle exterior and grounds upkeep, the community roads, the pool, master property insurance, water, sewer, trash, pest control, and cable and internet (HOA listing summaries, 2026). Confirm the current amount and the exact inclusions against the association documents.

Where the all-inclusive structure holds, the fee covers exterior and grounds maintenance, the pool, master insurance, and several utilities, which is why it runs higher than a typical townhome dues line. There is no separate CDD typical for this established community, but confirm the parcel's tax bill.

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 Palmetto Cove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Palm River Townhomes, 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 Palmetto Cove home worth?

Get a no-obligation home value based on real comparable sales in Palmetto Cove 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 Palmetto Cove on the map →
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Real comps, not a Zestimate.

Palmetto Cove Market Scorecard

Strong seller's market

Palmetto Cove is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, 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 Palmetto Cove?
Palmetto Cove is a gated townhome community in east Tampa, off Limerick Drive in the Mango and Palm River part of Hillsborough County, ZIP 33610, near I-4 and I-75.
Is Palmetto Cove a townhome community?
Yes. It is a single gated community of two-story townhomes built around 2007 to 2008, with two and three bedroom floor plans (county and listing records, 2026).
Is Palmetto Cove for-sale or rental?
It is a for-sale, owner-occupied townhome community with units listed on the open market, though like any community some units may be leased by their owners. Confirm any unit's status and the leasing rules in the association documents.
What does the HOA fee cover at Palmetto Cove?
Listing summaries describe an all-inclusive fee covering exterior and grounds maintenance, the community roads, the pool, master insurance, water, sewer, trash, pest control, and cable and internet (HOA listing summaries, 2026). Confirm the current amount and inclusions in the association documents.
Why is the HOA fee high at Palmetto Cove?
Because it is maintenance inclusive. The dues bundle insurance, several utilities, and exterior upkeep, which is why the monthly fee runs higher than a typical townhome but covers much of the carrying cost.
When were the Palmetto Cove townhomes built?
The townhomes were built around 2007 to 2008 (county and listing records, 2026), so the buy includes reading the roof and exterior condition of buildings of that age.
Is there a CDD at Palmetto Cove?
A separate CDD is not typical for this established townhome community, but you should always confirm the exact parcel's tax bill during diligence.
How is the commute from Palmetto Cove?
The community sits near I-4 and I-75, with the Brandon retail corridor close by and downtown Tampa and the airport a manageable drive. Drive times depend on your exact start point and the time of day.
Should I worry about flood zones at Palmetto Cove?
Flood exposure is parcel specific across Hillsborough County. Always run the FEMA flood zone and an insurance quote for the exact address during diligence, and confirm what the master policy does and does not cover.
What schools serve Palmetto Cove?
The community is served by Hillsborough County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific unit.
What should I check before buying in Palmetto Cove?
Read the HOA budget and reserves, confirm the exact fee and inclusions, ask about any pending special assessment, and inspect the unit and the shared building, including the roof and exterior.
Is Palmetto Cove a good value?
It can be for a buyer who wants gated, lock-and-leave townhome living with most upkeep handled, provided the reserves are funded and there is no looming assessment. As with any older community, condition and the association's health drive the outcome; this is not a guarantee of future value.
What is the difference between Palmetto Cove and a single-family subdivision?
Palmetto Cove is one gated townhome community with an all-inclusive HOA, so the diligence is on the association and the building, not just the home. A single-family subdivision shifts more upkeep and insurance onto the individual owner.
Buyers who want a gated, lock-and-leave townhome with upkeep handledExcellent fit
Commuters who will use I-4 and I-75 to reach Tampa and BrandonExcellent fit
Buyers who value an all-inclusive HOA over a low monthly feeExcellent fit
Buyers who will read reserves and any pending assessment before priceExcellent fit
Buyers who will inspect the unit and the shared building conditionExcellent fit
Buyers who want a low or no monthly HOA feeProbably not
Buyers who want a private yard and detached single-family livingProbably not
Anyone unwilling to verify reserves and the assessment statusProbably not
Buyers who need a short, traffic-free central-Tampa commuteProbably not
Buyers unwilling to read roof and exterior condition on older buildingsProbably not

Get the inside read on Palmetto Cove

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

We respond personally, usually the same day.

You are all set.

A Momentum Realty Palmetto Cove specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Palmetto Cove — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
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. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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