The Palms Of Bay Beach in Fort Myers Beach

The Palms Of Bay Beach
Condos for Sale in Fort Myers Beach, FL

Community in Fort Myers Beach · Lee County · ZIP 33931
Median sale $395K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
8/100
Market Heat
Cooler than normal
2013 → 2026 · 92 at the 2021 peak
0 is The Palms Of Bay Beach's coldest market since 2013, 100 its hottest. Today: 8. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data14 years of closingsUpdated twice daily

As of September 2026, The Palms Of Bay Beach in Fort Myers Beach, FL has 3 homes for sale. Over the 12 months ending 2026-09-12, 11 recorded sales closed at a median of $395,000, $381 per square foot, a median 155 days on market, sellers accepting 83% of original asking (-21% versus the prior year). Homes listed or recently sold were built 1976–1977; 3 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $6,310 ($5,640 with the full homestead exemption).

Part of the Bay Beach master-planned community in Fort Myers Beach, FL — see all Bay Beach homes for sale (27 listings across 3 villages and sections in the MLS).

Live · The Palms Of Bay Beach 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
$395K
Median sold · 12 mo
down 20.8% vs the prior 12 months
-20.8%
1-yr price change
n = 11 and 6 sales in the two windows
$381/sf
Sold $/sqft · 12 mo
peak $462 in 2023
82.8%
Sale vs ask
Lee median: 93.3%
+41%
T12M median vs 2012
from a $280K median in 2012
Tempo
155days
Median DOM · closed
2 days at the 2021 low
0%
Under contract
Lee: 19% (2,286 of 11,931)
3 · 0
For sale · pending
live counts, refreshed twice daily
11
Sold · last 12 mo
10-yr average: about 9 a year
Track record · 14 years of records
1,024sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in The Palms Of Bay Beach

Live MLS inventory for The Palms Of Bay 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 The Palms Of Bay Beach listings as of 2026-09-12, 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

The number that matters most here is 139.5 days — the median time on market. That is a long runway, and it tells you this is not a community where list price and closing price are close cousins by default. Add a year-over-year decline of 19.7% and you get a market that is still working through a correction rather than sitting at a stable plateau.

Zoom out and the picture is different: prices are still up 40% since 2012, so the long arc has been positive even with this recent pullback. With only 10 closings in the current window, any single sale can swing the median, so treat the $392,500 figure as directional rather than a precise ceiling or floor. This is a market where pricing a home correctly at listing, or being ready to negotiate patiently as a buyer, matters more than usual.

The Palms Of Bay Beach Housing Pulse · Momentum Research · as of September 12, 2026

The Palms Of Bay Beach right now

🔴 Off the recent peak. The trailing-12-month median ($395K) is down 20.8% from the prior 12 months ($499K) and up 41% since 2012. 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 September 12. Confidence: Medium (11 and 6 sales in the two windows).

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

Updated September 12, 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

The Palms Of Bay Beach market snapshot (as of September 12, 2026): the median sale price is about $395K ($381 per sq ft over the trailing 12 months of closed sales), and a median 155 days on market for closed sales. The trailing-12-month median is down 21% from the prior 12 months and up 41% since 2012, computed from record-level Florida Gulf Coast MLS closed sales (11 closings in the current window).

The Palms Of Bay Beach sits in Fort Myers Beach, Lee County, in a market currently defined by longer marketing times and a meaningful pullback from recent-year pricing, set against a backdrop of longer-term gains dating back to 2012.

Best for

  • Buyers with flexible timing who can wait out a slower sales cycle for the right unit
  • Buyers focused on price-per-square-foot value in a market that has repriced downward recently
  • Sellers who can price realistically to current conditions rather than to last year's numbers

Probably not for

  • Sellers who need a sale within a tight window and cannot absorb an extended days-on-market
  • Buyers expecting amenity-rich community features, since none are currently identified in MLS listings
  • Anyone uncomfortable with pricing volatility tied to a small number of recent closings

Windows contain 3 to 14 sales each (11 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
$300K$400K$500K20122014201620182020202220242026
Down 20.8% year over year; up 41% since 2012.
Every sale since 2012 · price vs size
$0$200K$400K$600K1k1k1k
119 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$40020122014201620182020202220242026
Up from $247 in 2012 to a $462 peak in 2023; $381 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
2 days at the 2021 low; 155 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
82.8% now vs Lee 93.3%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
3 to 14 a year; 11 in the current window.
Indexed since 2012 · The Palms Of Bay Beach vs Lee
100150Lee +61%The Palms Of Bay Beach +41%20122014201620182020202220242026
Same Florida Gulf Coast MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
92 at the 2021 peak, 8 in the troughs, 8 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.

$2,160/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.

The Palms Of Bay Beach Market Scorecard

Thin data

The Palms Of Bay Beach is currently a thin data market. Limited supply, a median asking price of $414,900, and homes go under contract in about 26 days.

n/a
Months supply
$414,900
Median list
n/a
Median sold
$400
Per sqft
26
Days on mkt
3/0/0
Active/Pend/Sold

Typical home value in the 33931 ZIP is $495,858, about 23.5% above 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.

Housing distress & ownership in The Palms Of Bay Beach, Fort Myers 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 22 listings
Distress share trend — 0.0% now (2026-08-18 → 2026-09-11)

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. 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.

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

If we were buying in The Palms Of Bay 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

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 The Palms Of Bay Beach.

Best Buy
Buyers or sellers who can move on a longer timeline and want room to negotiate rather than a fast, competitive close.
Biggest Risk
A 139.5-day median days-on-market means sellers should plan for a longer hold, not a quick sale.
Sweet Spot
Buyers focused on per-square-foot value who are willing to negotiate on a slower-moving listing.
Avoid If
You need a fast, predictable sale timeline or are uncomfortable with a market still absorbing a 19.7% year-over-year pullback.

A market resetting, not disappearing

A median of $392,500 against a median price per square foot of $380.37 puts this community's pricing in a range where condition and unit specifics likely explain most of the spread between individual sales — with a per-square-foot figure this high, small differences in finish level or square footage translate into real dollar swings from one closing to the next.

The 139.5-day median days-on-market is the clearest signal of current posture: this is a slower-moving market right now, not a bidding-war environment. Combined with a 19.7% year-over-year decline, sellers here should expect more time and more negotiation than they may remember from prior years. Buyers get the other side of that trade — more room to be selective and more leverage on terms, provided they are comfortable with a market still finding its footing after a notable step down from recent pricing.

The location and the amenities are priced into every listing in The Palms Of Bay Beach. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
1.8D · Buy Score
Long-Term Appreciation4.6/10
Recent Direction0.8/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (1.8). Basis: Long-Term Appreciation +41% since 2012; Recent Direction -20.8% year-over-year; Pricing Power 82.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With only 10 recent closings and a median that can move on a single sale, reading this market takes more than pulling up a headline number. We track how individual units are pricing against square footage and days on market so sellers price to what is actually happening now, and buyers know when a listing is priced to the old market instead of this one.

The Palms Of Bay Beach in 15 seconds.

Best forBuyers or sellers who can move on a longer timeline and want room to negotiate rather than a fast, competitive close.
Biggest advantageA 40% gain since 2012 shows this market has held long-term value even through recent softening.
Biggest riskA 139.5-day median days-on-market means sellers should plan for a longer hold, not a quick sale.
Sweet spotBuyers focused on per-square-foot value who are willing to negotiate on a slower-moving listing.
Avoid ifYou need a fast, predictable sale timeline or are uncomfortable with a market still absorbing a 19.7% year-over-year pullback.

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 The Palms Of Bay Beach sales matched to your home.

What is your The Palms Of Bay Beach home worth?

Get a no-obligation home value based on real comparable sales in The Palms Of Bay 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 all homes for sale in Fort Myers Beach →

Real comps, not an automated estimate.

Recently off market in The Palms Of Bay Beach

Homes in The Palms Of Bay Beach 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 The Palms Of Bay Beach?
The median sale price in The Palms Of Bay Beach was $395K over the 12 months ending September 12, 2026 (11 closed sales, Florida Gulf Coast MLS).
How long do homes in The Palms Of Bay Beach take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 155 days on market (11 sales, Florida Gulf Coast MLS).
Have The Palms Of Bay Beach home prices gone up?
The trailing-12-month median is up 41% since 2012, from $280K to $395K (Florida Gulf Coast MLS closed records).
Who is the best real estate agent for The Palms Of Bay Beach?
The best agent for The Palms Of Bay Beach is one who actively works Fort Myers 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 The Palms Of Bay Beach.
How do I find a top Fort Myers Beach real estate agent who knows The Palms Of Bay Beach?
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 The Palms Of Bay Beach and the wider Fort Myers Beach area.
Can Momentum Realty connect me with an agent for The Palms Of Bay Beach?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your The Palms Of Bay Beach purchase or sale - no call center and no pressure.
Buyers with flexible timing who can wait out a slower sales cycle for the right unitExcellent fit
Buyers focused on price-per-square-foot value in a market that has repriced downward recentlyExcellent fit
Sellers who can price realistically to current conditions rather than to last year's numbersExcellent fit
Sellers who need a sale within a tight window and cannot absorb an extended days-on-marketProbably not
Buyers expecting amenity-rich community features, since none are currently identified in MLS listingsProbably not
Anyone uncomfortable with pricing volatility tied to a small number of recent closingsProbably not

Nearby Communities

Explore more neighborhoods near The Palms Of Bay Beach with Momentum Realty’s local guides.

HPHarbour Pointe Condo0.1 mi awayCMCasa Marina0.1 mi awayHPHibiscus Pointe0.2 mi awayWPWindward Point Condo0.2 mi awayRPRoyal Pelican Townhouse0.3 mi awayEIEstero Island Yacht Racquet Club Condo0.3 mi awayOBOstego Bay0.3 mi awayPHPalm Harbor Club0.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (119 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 The Palms Of Bay Beach? 11 recorded closings; median 155 days on market (window ending 2026-09-12). 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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