Palms At Minorca A Condo New Smyrna Beach in New Smyrna Beach

Palms At Minorca A Condo New Smyrna Beach
Homes for Sale in New Smyrna Beach, FL

Community in New Smyrna Beach · Volusia County
40 homesBuilt 2004–2004
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Built fromLive DBAMLS dataFL DOR public recordsUpdated twice daily
Live · Palms At Minorca A Condo New Smyrna Beach Housing Pulse DBAMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Volusia: 20% (1,084 of 5,314)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
52%
Owner-occupied · Palms At Minorca A Condo New Smyrna Beach
21 of 40 parcels homesteaded (FL DOR 2025)
48%
Non-owner-occupied · Palms At Minorca A Condo New Smyrna Beach
incl. 2% trust or LLC-held · 18% out-of-state
40
Homes in the community
40 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2004
Community established
homes built 2004-2004, median 2004 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palms At Minorca is a single-vintage building — every one of its 40 units went up in 2004 — so unlike communities that blend several building eras, differentiation here comes down to unit condition, floor, and view rather than age. With a median living area of 1,655 square feet and a full slate of gated, secured, and staffed amenities, this is a full-service condo product, and that service level is part of what a buyer is paying for.

The current picture is thin: just one active listing across the entire 40-unit building, against 12 months of supply. That combination is a signal of a slow-moving market rather than a flooded one — the buyer-leaning label here reflects sluggish absorption, not abundant choice. For a seller, that scarcity can work in their favor when a unit does list. For a buyer, it means waiting for the right unit to surface rather than choosing among several.

Palms At Minorca A Condo New Smyrna Beach Housing Pulse · Momentum Research · as of July 12, 2026

Palms At Minorca A Condo New Smyrna Beach right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of DBAMLS records, as of July 12, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

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

Updated July 12, 2026 · Live data: DBAMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • A buyer prioritizing a secured, staffed, amenity-rich building over a wider search of unit choices
  • A buyer comfortable waiting for the right unit to list rather than choosing among several at once
  • A buyer or investor comfortable with a mixed owner-occupied and non-homestead ownership base

Probably not for

  • A buyer who wants to compare multiple active units side by side before deciding
  • A buyer working against a tight closing deadline who cannot wait for inventory to surface
  • A buyer unwilling to independently verify current HOA fees, rules, and amenity access before offering

The market around Palms At Minorca A Condo New Smyrna Beach

Palms At Minorca A Condo New Smyrna Beach is too small for its own price trend, so here is the market around it.

Across Volusia County, 4,230 homes are active and 1,084 pending (20% under contract).

ZIP and county figures describe the wider market, not Palms At Minorca A Condo New Smyrna Beach specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Palms At Minorca A Condo New Smyrna Beach, New Smyrna Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 52 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Palms At Minorca A Condo New Smyrna Beach

Live MLS inventory for Palms At Minorca A Condo New Smyrna Beach. 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 Palms At Minorca A Condo New Smyrna Beach listings as of 2026-07-12, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Tap any home to ask about it.

Listing locations from DBAMLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across DBAAR listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Palms At Minorca A Condo New Smyrna Beach 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Palms At Minorca A Condo New Smyrna Beach.

Best Buy
A buyer who wants a single-vintage, full-service gated condo building near the beach and is willing to wait for the right unit.
Biggest Risk
With one active listing and 12 months of supply, this is a thin market with limited choice at any given moment.
Sweet Spot
A move-in-ready unit that reflects the building's 1,655 square foot median living area and comes with HOA-verified amenity access.
Avoid If
You need to choose among several available units on a timeline — this building's scarce inventory doesn't support that.

One building, one vintage

All 40 homes in this building share a 2004 build year, with a median living area of 1,655 square feet. The amenity list is extensive for a mid-sized building: beach access, a clubhouse, elevators, a gated entry with guard and security gate, a secured lobby, 24 hour security, a fitness center, tennis courts, a pool, and on-site management, along with cable TV and grounds maintenance handled through the association. That level of service typically comes with a corresponding HOA structure, and current amenities and access should be verified directly with the HOA before writing an offer.

Ownership here is roughly split: 52.5% of units carry a homestead exemption, meaning just over half are owner-occupied primary residences, with the remainder held as second homes, investment, or rental property. As of 2026-07-12, only one listing was active, and the building was carrying 12 months of supply — a market where inventory is scarce but movement is slow, not a market where units are competing for buyers.

The location and the amenities are priced into every listing in Palms At Minorca A Condo New Smyrna Beach. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A building with a single active listing at any given time isn't one you shop by browsing the MLS — it's one where knowing the building, its HOA, and its ownership mix ahead of a listing hitting the market makes the difference. Momentum tracks this inventory closely and can help a buyer move quickly when a unit does surface, and help a seller understand what a scarce-listing market actually means for pricing and timing.

Palms At Minorca A Condo New Smyrna Beach in 15 seconds.

Best forA buyer who wants a single-vintage, full-service gated condo building near the beach and is willing to wait for the right unit.
Biggest advantageThe building's uniform 2004 construction and full amenity package — gated, guarded, staffed, elevatored — simplify comparison between units.
Biggest riskWith one active listing and 12 months of supply, this is a thin market with limited choice at any given moment.
Sweet spotA move-in-ready unit that reflects the building's 1,655 square foot median living area and comes with HOA-verified amenity access.
Avoid ifYou need to choose among several available units on a timeline — this building's scarce inventory doesn't support that.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Palms At Minorca A Condo New Smyrna Beach sales matched to your home.

What is your Palms At Minorca A Condo New Smyrna Beach home worth?

Get a no-obligation home value based on real comparable sales in Palms At Minorca A Condo New Smyrna Beach, 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 Palms At Minorca A Condo New Smyrna Beach on the map →

Real comps, not an automated estimate.

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.

$1,988/mo
Volusia County typical true cost to own
$151/mo
Volusia 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.

Palms At Minorca Market Scorecard

Buyer-Leaning Market (limited data)

Palms At Minorca is currently a buyer-leaning market (limited data). About 24.0 months of supply, a median asking price of $625,000, and homes go under contract in about 163.0 days.

24.0
Months supply
$625,000
Median list
$935,000
Median sold
$565
Per sqft
163.0
Days on mkt
2/0/1
Active/Pend/Sold

Typical home value in the 32169 ZIP is $552,896, about 11.4% above the Florida norm (Zillow Home Value Index).

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

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

Is Palms At Minorca A Condo New Smyrna Beach a buyer's or seller's market right now?
As of July 12, 2026, Palms At Minorca A Condo New Smyrna Beach leans toward buyers: 12.0 months of supply at the current sales pace (DBAMLS live counts).
How many homes are in Palms At Minorca A Condo New Smyrna Beach?
The Florida DOR 2025 assessment roll shows 40 homes in Palms At Minorca A Condo New Smyrna Beach (public records).
What share of Palms At Minorca A Condo New Smyrna Beach is owner-occupied?
52% of Palms At Minorca A Condo New Smyrna Beach parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palms At Minorca A Condo New Smyrna Beach built?
Homes in Palms At Minorca A Condo New Smyrna Beach were built between 2004 and 2004, with a median year built of 2004 (FL DOR 2025 roll).
Who is the best real estate agent for Palms At Minorca A Condo New Smyrna Beach?
The best agent for Palms At Minorca A Condo New Smyrna Beach is one who actively works New Smyrna Beach 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 Palms At Minorca A Condo New Smyrna Beach.
How do I find a top New Smyrna Beach real estate agent who knows Palms At Minorca A Condo New Smyrna Beach?
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 Palms At Minorca A Condo New Smyrna Beach and the wider New Smyrna Beach area.
Can Momentum Realty connect me with an agent for Palms At Minorca A Condo New Smyrna Beach?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palms At Minorca A Condo New Smyrna Beach purchase or sale - no call center and no pressure.
A buyer prioritizing a secured, staffed, amenity-rich building over a wider search of unit choicesExcellent fit
A buyer comfortable waiting for the right unit to list rather than choosing among several at onceExcellent fit
A buyer or investor comfortable with a mixed owner-occupied and non-homestead ownership baseExcellent fit
A buyer who wants to compare multiple active units side by side before decidingProbably not
A buyer working against a tight closing deadline who cannot wait for inventory to surfaceProbably not
A buyer unwilling to independently verify current HOA fees, rules, and amenity access before offeringProbably not

Nearby Communities

Explore more neighborhoods near Palms At Minorca A Condo New Smyrna Beach with Momentum Realty’s local guides.

CPColin Park New Smyrna BeachNew Smyrna Beach, FL · 0.5 miMNMinorca New Smyrna BeachNew Smyrna Beach, FL · 0.8 miSWSea Woods New Smyrna BeachNew Smyrna Beach, FL · 1.0 miDADunes At Minorca A Condo The New Smyrna BeachNew Smyrna Beach, FL · 1.2 miDNDriggers New Smyrna BeachNew Smyrna Beach, FL · 1.2 miCTCoronado Towers New Smyrna BeachNew Smyrna Beach, FL · 1.5 miWEWaterway East New Smyrna BeachNew Smyrna Beach, FL · 1.6 miISInlet Shores New Smyrna BeachNew Smyrna Beach, FL · 1.7 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsDBAMLS, refreshed twice daily (last: July 12, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesDBAMLS records, as of 2026-07-12

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

Momentum Research figures are our own analysis of DBAMLS 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.

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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 DBAMLS member average and 8 days faster, and we’ll price yours against live your area comps.

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