Palms At Minorca market snapshot (as of June 25, 2026): the median sale price is about $935K ($565 per sq ft), with homes averaging 263 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.
Palms At Minorca is a residential condominium sub-community within Minorca, a roughly 65-acre gated development on Minorca Beach Way in New Smyrna Beach, Volusia County (ZIP 32169), on the north end of the barrier island next to Smyrna Dunes Park and Ponce de Leon Inlet (Minorca POA, 386realestate.com, and Homes.com, 2026). The Palms buildings sit within the community between the Atlantic Ocean to the east and the Indian River and Intracoastal Waterway to the west.
Minorca as a whole is a gated, amenity-rich community of about 310 residential units across several buildings; the Palms is one of its residential clusters, distinct from the separately governed Inlet building that allows short-term rentals. This is a barrier-island setting, not mainland.
The Palms condos are mid-rise units built around 2005, typically two- and three-bedroom homes from roughly 1,450 to about 2,285 square feet, with covered parking, and they share the full Minorca amenity package (386realestate.com and Homes.com, 2026). The community enforces a residential minimum lease of 30 days, with no nightly or weekly transient rentals in the Palms buildings.
Pricing reflects the gated, amenity setting: active Palms listings have ranged from roughly $550,000 to over $1.2 million depending on floor, view, and size, with a recent verified sale around $735,000 (Highrises.com and Homes.com, 2024 to 2026). As a barrier-island condo, the FEMA flood zone (AE or VE), the condo dues and reserves, and the master insurance are the variables that matter most.