Tropical Palm Terrace
Homes for Sale in South Daytona, FL
All 62 homes for sale in South Daytona, FL · median $227,450 · Volusia County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Gail Sneed LLC, Watson Realty Corp. · via DBAMLS
As of September 2026, Tropical Palm Terrace in South Daytona, FL has 1 home for sale. Tropical Palm Terrace is a community in South Daytona, Volusia County, FL. Across South Daytona as a whole, 26 homes closed in the last 12 months at a median of $285,000, 102 median days on market, with 5 homes for sale today. At that median and Volusia County's FY2025-26 rate of 19.21 mills, annual property tax runs about $5,480 ($4,650 with the full homestead exemption).
Tropical Palm Terrace is a small pocket of South Daytona, and the current snapshot shows exactly one active listing against roughly twelve months of supply. With that little on the market, there is no meaningful list of comparable homes to lean on — price here is set by the individual property: its condition, its updates, and how it stacks up against the broader South Daytona market rather than against neighbors down the street.
The math reads buyer-leaning. Twelve months of supply is a slow, unhurried market, which means a buyer has room to inspect, negotiate, and walk away without pressure. For a seller, the flip side is patience: a single listing in a thin market can sit, and pricing to condition — not to hope — is what moves it.
Tropical Palm Terrace 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 September 27, 2026 · Live data: DBAMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
This is a small, quiet residential enclave in South Daytona, and with just one home currently listed, activity here comes in trickles rather than waves. Treat any single sale as its own event, not a trend.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Tropical Palm Terrace. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Tropical Palm TerracePhotos from DBAMLS listings in Tropical Palm Terrace; content deemed reliable but not guaranteed.
Who Tropical Palm Terrace is best for.
Best for
- Patient buyers who can wait for the right listing and value negotiating leverage
- Buyers seeking a quiet, small-scale residential setting in South Daytona
- Those willing to lean on inspection and condition rather than a stack of comps
Probably not for
- Buyers who want a wide range of homes to tour right now
- Anyone who needs to close quickly with several options in hand
- Sellers expecting a fast sale without pricing carefully to condition
The market around Tropical Palm Terrace
Tropical Palm Terrace 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 Tropical Palm Terrace specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Tropical Palm Terrace
Live MLS inventory for Tropical Palm Terrace. 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 Tropical Palm Terrace listings as of 2026-09-26, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Tap any home to ask about it.
Every Home for Sale in Tropical Palm Terrace South Daytona Right Now (1)
All 1 active and pending Tropical Palm Terrace South Daytona listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1926 Papaya Drive · $175,000 · 2 bd / 1.5 ba · listed Jul 10, 2026 · listed by Watson Realty Corp.
Recent Developments in Tropical Palm Terrace
Development, infrastructure, retail, and school activity affecting Tropical Palm Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Infrastructure
State Road 40 widening in Volusia advances in design
The Florida Department of Transportation project to widen State Road 40 from State Road 11 to Cone Road in Volusia County remains in the design phase, with right of way acquisition in progress and construction not yet funded, according to a project page last updated July 14, 2026. The roughly 7 mile plan would add lanes, replace three bridges, and include a multi use trail and a wildlife crossing.
What it may mean for the marketDesign and right of way work continue on widening State Road 40 to four lanes, a project that would add roadway capacity, new bridges, and a multi use trail along the western Volusia corridor once construction is funded. The project is about 22 miles northwest of Tropical Palm Terrace, elsewhere in Volusia County.
Source: CFL Roads - May 2026Development
Daytona Beach approves Avalon Park Daytona, a master-planned community of about 8,800 homes west of I-95
Daytona Beach commissioners approved Avalon Park Daytona in May 2026, clearing the way for a master-planned community of about 8,800 homes on land west of Interstate 95. The approval also allows commercial and mixed-use space as the project builds out over many years.
What it may mean for the marketA large new master-planned community adds substantial future housing supply west of Interstate 95, a shift that can influence competition and pricing for existing communities in the area. The project is about 13 miles northwest of Tropical Palm Terrace, elsewhere in Volusia County.
Source: Observer Local News - March 2026Infrastructure
FDOT builds a new $75 million I-95 interchange at Pioneer Trail near New Smyrna Beach
The Florida Department of Transportation is building a new $75 million interchange on Interstate 95 at Pioneer Trail near New Smyrna Beach. The roughly 2-mile project widens Pioneer Trail to four lanes and adds a roundabout at Turnbull Bay Road, with construction underway in 2026.
What it may mean for the marketA new interstate interchange improves access and shortens drive times in southeast Volusia, the kind of infrastructure that has historically shaped where demand and new development concentrate. The site is about 1 mile northwest of Tropical Palm Terrace.
Source: Florida DOT (cflroads)
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.
The Tropical Palm Terrace buying strategy.
If we were buying in Tropical Palm Terrace today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
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.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Tropical Palm Terrace.
A thin market, and what that really means
Twelve months of supply with a single active listing tells you two things at once. First, inventory is scarce, so options are limited and timing matters — the right home may not surface for a while. Second, the pace strongly favors the buyer: nothing about this market rewards rushing.
Because there is so little on offer, the usual comparison game breaks down. You cannot triangulate value from a dozen recent neighborhood sales. Instead, price gets driven by the condition and features of the individual home in front of you. That puts a premium on a careful walkthrough, a real inspection, and a broker who knows how South Daytona as a whole is trading.
The location and the amenities are priced into every listing in Tropical Palm Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, generic pricing tools fall apart — there simply aren't enough transactions to anchor them. We work the South Daytona market directly, read each property on its own condition, and tell you plainly when a listing is priced to sell or priced to wait. Whether you are buying the lone active home or preparing to list, we will keep expectations honest and the timeline realistic.
Tropical Palm Terrace in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Tropical Palm Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tropical Palm Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tropical Palm Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tropical Palm Terrace home worth?
Get a no-obligation home value based on real comparable sales in Tropical Palm Terrace, 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 South Daytona →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Volusia County scorecard.
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.
21% of homes for sale in ZIP 32119 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-26).
Frequently Asked Questions
Is Tropical Palm Terrace a buyer's or seller's market right now?
Who is the best real estate agent for Tropical Palm Terrace?
How do I find a top South Daytona real estate agent who knows Tropical Palm Terrace?
Can Momentum Realty connect me with an agent for Tropical Palm Terrace?
Where is Tropical Palm Terrace, and what county is it in?
Should you buy in Tropical Palm Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | DBAMLS, refreshed twice daily (last: September 26, 2026) |
| Under-contract shares | DBAMLS 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.
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 DBAMLS member average and 8 days faster, and we’ll price yours against live local comps.
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More South Daytona & Volusia County / Daytona Beach Area guides
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