We value your Palm Bay Estates condo from its own recorded sales and the nearest like home, and send a free range the same day.
Updated October 2026 · Jesse McGreevy and Marc Comisar, Domain Realty · Values from Lee County Property Appraiser and Florida DOR recorded sales, index built 1 October 2026
What is a condominium home in Palm Bay Estates at Bonita Beach worth? This is McGreevy and Comisar’s valuation guide for the owners of the 8 one-story, bay-side townhome condominiums at 26773 Hickory Blvd, in four two-home buildings inside Bonita Beach, the barrier-island strip of Bonita Springs, Florida. It is the eight-home condominium on Little Hickory Island, not the city of Palm Bay on Florida’s east coast in Brevard County, and not one of the other Florida entities that carry the Palm Bay Estates name.
Here is the short answer. In the 12 months to October 1, 2026 the county recorded no qualified sale at Palm Bay Estates, and in the last 60 months it recorded two: $640,000 on April 30, 2025 for a 1,150-square-foot home, or $556.52 per heated square foot, and $525,000 on July 22, 2025 for a 1,415-square-foot home, or $371.02, 83 days later. With fewer than ten sales in any window we list every sale and treat the $582,500 as the median of these 2 sales and nothing more. The smaller home sold for $115,000 more, the newest sale is 436 days old, and the latest recorded sale on the eight homes runs from December 2000 to July 2025. Your condo’s value starts with its own size, phase, condition and documents, not with a neighborhood number.
Read this guide beside our guide to selling your Palm Bay Estates condo if you are deciding whether to list, and our guide to buying a Palm Bay Estates condo if you are also buying. Every figure comes from recorded sales, the county roll, FEMA, the U.S. Geological Survey and the state’s filings. Where the Southwest Florida MLS would add a figure, we say it was not available and we do not estimate it. McGreevy and Comisar have been Top 1% Real Estate Agents Nationally Since 2008, and our office is on South Tamiami Trail in Bonita Springs, in the same city as Palm Bay Estates.
A Palm Bay Estates condo is worth what its own record and the nearest like sale support, adjusted for size, phase, condition, flood zone and the state of the association’s documents. The county recorded two qualified sales in the last 60 months, $640,000 and $525,000, so we show every sale and give no median of the 19 on file.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
Every yardstick below carries its window and its number of sales. The county record leads because it counts every recorded, qualified deed, and the newest Palm Bay Estates sale in the county file is dated July 22, 2025.
| Yardstick | Qualified sales | What it shows |
|---|---|---|
| County, last 12 months (since October 2025) | 0 | No qualified sale recorded |
| County, last 24, 36 and 60 months | 2 | $640,000 on April 30, 2025 and $525,000 on July 22, 2025; median of these 2 sales $582,500; $463.77 per heated sq ft, the median of these 2 sales |
| County, since 2009 (a complete count) | 5 | Listed in full below; no median published |
| County, all recorded history since February 1986 | 19 | A count of what the file holds, partial before 2009; no median published |
| Southwest Florida MLS, closings, days on market, sale-to-list | not available | Information not available at time of publishing (checked 2026-10-01). |
A median of two sales is only the middle of those two, and a median of 19 sales spread over 40 years would mix prices from very different markets, so we publish neither as a price signal.
These are the five facts about Palm Bay Estates condo values that matter most in October 2026, each drawn from the Lee County recorded sales and parcel roll, FEMA, the U.S. Geological Survey and the Florida Division of Corporations, and each explained in the section that covers it.
This guide runs from the short answer and our method through the sales record, the building’s filings, fees and insurance, a comparison with Bay Harbor Club and the rest of the strip, a net sheet and the answers owners ask most. Each link jumps to its section.
The Value and the Method: What Is My Palm Bay Estates at Bonita Beach Condo Worth in 2026? · Why Value Your Palm Bay Estates at Bonita Beach Condo With McGreevy and Comisar? · Get Your Free Palm Bay Estates at Bonita Beach Home Valuation in 60 Seconds · Why Does an Online Estimate Miss Palm Bay Estates at Bonita Beach Condo Values? · How Do We Value a Palm Bay Estates Condo?
The Record: What Did Palm Bay Estates at Bonita Beach Condos Sell For in the Last Five Years? · What Is a Palm Bay Estates at Bonita Beach Condo Worth by Building, Floor, Size and Plan? · Are Palm Bay Estates at Bonita Beach Condo Values Rising or Falling? · One Palm Bay Estates Condo’s Public Record · What Moves a Palm Bay Estates at Bonita Beach Condo’s Value Up or Down? · How Do Fees, Reserves, Assessments and Insurance Affect Palm Bay Estates at Bonita Beach Condo Value?
Comparisons and Net Proceeds: Is the Property Appraiser’s Value the Same as Market Value at Palm Bay Estates? · Palm Bay Estates vs Bay Harbor Club: Which Holds Its Value Better? · How Do Palm Bay Estates at Bonita Beach Condo Values Compare With the Rest of the Bonita Beach Strip? · What Will You Net When You Sell a Palm Bay Estates at Bonita Beach Condo? · Want a Free In-Person CMA?
Answers, Reviews and Sources: Frequently Asked Questions, Palm Bay Estates at Bonita Beach Home Value Edition · What Owners Say About Working With Us · Why Does a Bonita Beach Condo Specialist Matter When You Value Your Home? · Thinking of Selling Your Palm Bay Estates Condo? Start With the Right Number · Your Local Real Estate Experts · Sources and Authoritative References · Downloadable Documents
McGreevy and Comisar value Palm Bay Estates condos from the eight homes’ own recorded sales, the county roll and the state’s filings, not from a Bonita Springs or ZIP-code average. We are a two-partner Bonita Springs team, Top 1% nationally since 2008, and before we give a number we read the county record, the filings and the flood map.
We lead Domain Realty Group, and with our Domain Realty Group team we have sold over $2.5 billion in real estate, with McGreevy and Comisar alone accounting for over $900 million in personal sales. Our office is at 24031 S Tamiami Trl #101, Bonita Springs, FL 34134. Before you interview agents, read our comparison of the best real estate agents in Bonita Springs, which sets out what to ask any agent who prices a condo, and read more about McGreevy and Comisar. To start, use the valuation form below.
Honors and recognition:
We tracked every one of the 19 Palm Bay Estates sales in the county record since February 1986, and the latest recorded sale on each of the 8 homes. We read the county’s building layer for the four buildings at 26773 Hickory Blvd, the county roll for each home’s heated area, and the state’s corporate and condominium records for the association. We also queried FEMA’s flood map, the county’s evacuation and school layers and the U.S. Geological Survey’s Hurricane Ian marks for the building points. When an owner asks what a 1,150-square-foot home is worth, the answer starts with the ten recorded sales of 1,150-square-foot homes in the file, not with a strip median.
To get a free Palm Bay Estates condo valuation, enter your details in the valuation form on this page or call Jesse direct at (239) 898-6072. We reply the same day with a value range built from the nearest recorded sale of a home like yours, then confirm it with a short in-person walk-through if you want one.
An online estimate misses Palm Bay Estates condo values because a model has two recent sales to learn from, cannot see a home’s phase, condition, dock or roof, and never reads the association’s filings. Treat any automated figure as a starting question, never as an answer.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
The county recorded 19 Palm Bay Estates sales in 40 years and 2 in the last 60 months. A model that averages the strip, or learns from the two 2025 sales, will treat eight different homes as one product. In 2025 the 1,150-square-foot home sold at $556.52 per heated square foot in April and the 1,415-square-foot home at $371.02 in July, a difference of $185.50 a foot between neighbors 83 days apart, and no model can tell you why.
We value a Palm Bay Estates condo in four steps: start with the home’s own recorded sales, find the nearest like sale, adjust for phase, condition, flood zone and the association’s documents, and state a range with its arithmetic. The result is a range we can defend line by line.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
Each of the eight homes has a different history, so we start there. A 1,150-square-foot Phase 1 home sold for $385,000 in March 2002, $530,000 on November 30, 2004 and $345,000 on July 16, 2010. A 1,444-square-foot Phase 2 home sold for $285,000 on June 21, 1999 and $512,000 on August 15, 2011. A 1,251-square-foot Phase 2 home has two qualified sales in the file, $150,000 in June 1986 and $345,000 on December 11, 2000, and one 1,150-square-foot Phase 1 home has a single qualified sale, $400,000 on January 24, 2005.
With two sales in 60 months, the nearest like sale is usually one of the two 2025 sales, and each is a data point for one home. A buyer’s appraiser will see both, and so will a buyer. We weigh a 2025 sale fully for a home of the same size and phase and discount it for a home that differs, and we say which.
Buyers pay for size, condition, finish, a roof and windows with dates, an elevation certificate that helps, a verified dock if one exists, and an association whose budget, reserves and estoppel are in order. They discount for what they cannot see. We adjust from the home, the walk-through and the documents, not from a formula, and we say which adjustments the record cannot support.
The result is a range plus a plan for the days on the market. The competition a buyer sees this week is a Southwest Florida MLS question: active listings, pending sales, months of supply and the days on market of recent sales. Information not available at time of publishing (checked 2026-10-01).
The simplest idea is to take the April 2025 price per heated square foot and multiply it by a home’s size. At $556.52 a foot, a 1,415-square-foot home would be $787,476. The next home of that size actually sold for $525,000 on July 22, 2025, so the scaling overstated it by $262,476, or 50.0 percent. Run the other way, the $371.02 of the July sale would put a 1,150-square-foot home at $426,673, and the April sale was $640,000. Size matters, but phase, condition, finish and timing moved the price per foot by more than size did.
If you own a Palm Bay Estates condo and are thinking about selling, request your free Palm Bay Estates home valuation or use the valuation form on this page. Call Jesse direct at (239) 898-6072, text or call, and we will send a range built from your own home’s record and the nearest like sale.
Over the last five years the county recorded two Palm Bay Estates condo sales, $640,000 on April 30, 2025 and $525,000 on July 22, 2025, and none in the last 12 months. Since February 1986 it holds 19 qualified sales. With fewer than ten sales in any window, we list every sale and publish no median of the 19.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
The county roll keeps each home’s last four sales with exact dates, and the state’s sale files add every recorded sale from 2009 on, so the record is complete from 2009 and partial before it. A count since 2009 is a complete count. A count of all recorded history is a count of what the file holds and never a claim that it holds every sale ever made. We widened the window as far as the rule allows, and no window up to 60 months reached 10 qualified sales.
| County window | Qualified sales | Median | Low | High | Median per heated sq ft |
|---|---|---|---|---|---|
| Last 12 months (since October 2025) | 0 | none | none | none | none |
| Last 24 months (since October 2024) | 2 | $582,500 (median of these 2 sales) | $525,000 | $640,000 | $463.77 (median of these 2 sales) |
| Last 36 months (since October 2023) | 2 | $582,500 (median of these 2 sales) | $525,000 | $640,000 | $463.77 (median of these 2 sales) |
| Last 60 months (since October 2021) | 2 | $582,500 (median of these 2 sales) | $525,000 | $640,000 | $463.77 (median of these 2 sales) |
| All recorded history (since February 1986) | 19 | not published | not published | not published | not published |
The same two sales fill the 24, 36 and 60-month windows, so widening the window added no information. The median of two is the mean of the pair, $640,000 plus $525,000 divided by two.
Each sale below is a county qualified improved sale. We show the building address, the phase and the heated size, and we leave out unit numbers and owners.
| Date | Price | Phase | Beds | Heated sq ft | Price per heated sq ft |
|---|---|---|---|---|---|
| April 30, 2025 | $640,000 | 2 | 3 | 1,150 | $556.52 |
| July 22, 2025 | $525,000 | 1 | 3 | 1,415 | $371.02 |
The two prices add to $1,165,000. The smaller home sold for $115,000 more and $185.50 more per heated square foot. The county file cannot say why. Position on the water, condition, renovation and the buyer’s circumstances are the usual candidates, which is why we walk a home before we price it. As of October 1, 2026 the newer sale is 436 days old.
The record is complete from 2009, so these are complete counts: 5 sales in 17 years, the last two in 2025.
| Date | Price | Phase | Heated sq ft | Price per heated sq ft |
|---|---|---|---|---|
| July 16, 2010 | $345,000 | 1 | 1,150 | $300.00 |
| August 15, 2011 | $512,000 | 2 | 1,444 | $354.57 |
| March 31, 2017 | $650,000 | 1 | 1,415 | $459.36 |
| April 30, 2025 | $640,000 | 2 | 1,150 | $556.52 |
| July 22, 2025 | $525,000 | 1 | 1,415 | $371.02 |
We do not average these five. The first two sold in the years after the 2008 downturn and the other three in 2017 and 2025, and prices from those markets do not belong in one number.
Qualified Department of Revenue sales are a county record, not an MLS record. They exclude transfers the state does not treat as arm’s length, and they can lag a closing by weeks. The county roll lists two transfers on one 1,150-square-foot Phase 1 home that the qualified file does not carry: $500,000 on July 11, 2011 and $132,588 on December 5, 2016, the roll’s latest recorded sale on that home. We do not use either as a comparable, and we cannot say why the file leaves them out. The $132,588 is below every qualified sale of a 1,150-square-foot home in the file, including the $150,000 prices of 1986 and 1987, which usually points to a partial interest or a non-market transfer, and we are saying only that the record does not tell us. That home’s one qualified sale in the file is $400,000 on January 24, 2005.
The Southwest Florida MLS is where closed-sale counts, days on market, sale-to-list ratios, active listings and months of supply live. Information not available at time of publishing (checked 2026-10-01). We do not estimate those figures from the county record, because the two sources measure different things, and with eight homes an estimate would be false precision.
Palm Bay Estates is four one-story buildings of two homes each, so there are no floors to stack and no high-floor premium to measure: value follows phase, heated size and condition. The eight homes are 1,150, 1,251, 1,415 and 1,444 heated square feet, and only two have sold since 2017.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
The county roll shows heated area for each home, and the county file lists every qualified sale. We group the homes by heated size, which is the one plan variable the record measures, and we show each size’s own newest sale and no median, because a median of four sales across 40 years is not a market.
| Heated size | Homes | Qualified sales in the file | Newest qualified sale | Price | Price per heated sq ft | Years before October 1, 2026 |
|---|---|---|---|---|---|---|
| 1,150 sq ft | 4 (two in each phase) | 10 | April 30, 2025 | $640,000 | $556.52 | 1.4 |
| 1,251 sq ft | 1 (Phase 2) | 2 | December 11, 2000 | $345,000 | $275.78 | 25.8 |
| 1,415 sq ft | 2 (Phase 1) | 4 | July 22, 2025 | $525,000 | $371.02 | 1.2 |
| 1,444 sq ft | 1 (Phase 2) | 3 | August 15, 2011 | $512,000 | $354.57 | 15.1 |
The counts add to 19 sales and 8 homes. Heated area totals 10,125 square feet, a mean of 1,265.6 per home and a median of 1,200.5, the average of the 4th and 5th homes in size order, 1,150 and 1,251, and the spread from smallest to largest is 294 square feet.
Each row is a county qualified improved sale. Before 2009 the record is partial, and the roll gives month-level dates for the earliest sales, so those rows show the month.
| Heated size | Date | Price | Price per heated sq ft |
|---|---|---|---|
| 1,150 sq ft | June 1986 | $151,000 | $131.30 |
| 1,150 sq ft | July 1986 | $150,000 | $130.43 |
| 1,150 sq ft | February 1987 | $150,000 | $130.43 |
| 1,150 sq ft | May 20, 1999 | $275,000 | $239.13 |
| 1,150 sq ft | March 2002 | $385,000 | $334.78 |
| 1,150 sq ft | November 3, 2003 | $485,000 | $421.74 |
| 1,150 sq ft | November 30, 2004 | $530,000 | $460.87 |
| 1,150 sq ft | January 24, 2005 | $400,000 | $347.83 |
| 1,150 sq ft | July 16, 2010 | $345,000 | $300.00 |
| 1,150 sq ft | April 30, 2025 | $640,000 | $556.52 |
| 1,251 sq ft | June 1986 | $150,000 | $119.90 |
| 1,251 sq ft | December 11, 2000 | $345,000 | $275.78 |
| 1,415 sq ft | February 1986 | $150,000 | $106.01 |
| 1,415 sq ft | January 1990 | $200,000 | $141.34 |
| 1,415 sq ft | March 31, 2017 | $650,000 | $459.36 |
| 1,415 sq ft | July 22, 2025 | $525,000 | $371.02 |
| 1,444 sq ft | March 1987 | $150,000 | $103.88 |
| 1,444 sq ft | June 21, 1999 | $285,000 | $197.37 |
| 1,444 sq ft | August 15, 2011 | $512,000 | $354.57 |
The table says what a value conversation has to say out loud: no size has a consistent price per foot, and the 1,150-square-foot homes, the largest group with 10 sales, ran from $300.00 in 2010 to $556.52 in 2025 and two of them sold 55 days apart, on November 30, 2004 and January 24, 2005, at $460.87 and $347.83.
The county’s legal descriptions split the homes into two recorded phases of four homes each, and the phases differ in size mix. Phase 1’s four homes total 5,130 heated square feet, two at 1,150 and two at 1,415. Phase 2’s four total 4,995, two at 1,150, one at 1,251 and one at 1,444. Phase 2 has the two sizes that appear nowhere in Phase 1, so a buyer cannot assume one phase’s plan carries over to the other.
The county’s sales file lists 3 bedrooms and 2.0 baths for every recorded sale, and the roll’s parcel file lists 3 bedrooms and 2.5 baths for each home, so the record gives no bedroom or bath split among the eight homes and leaves the half bath unconfirmed until we see a floor plan. Heated size is the one measurable difference, and the 2025 pair shows that it explains only part of the price. Whether a home has been renovated, which way it faces and whether it has a covered space are not on the county record.
The record cannot give one direction. The five sales since 2009 run from $345,000 in 2010 to $640,000 and $525,000 in 2025, and same-size comparisons point both ways: 1,150-square-foot homes rose 85.5 percent from 2010 to 2025, while 1,415-square-foot homes fell 19.2 percent from 2017 to 2025.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
A trend needs many sales, and Palm Bay Estates has had five since 2009: three in the 16 years from 2009 through 2024 and two in 2025. We describe the direction of each comparison and forecast nothing. The table below is a history table by year, not a price signal.
| Period | Qualified sales | Prices | What the period covers |
|---|---|---|---|
| 2009 to 2012 | 2 | $345,000 (July 2010) and $512,000 (August 2011) | Complete count |
| 2013 to 2016 | 0 | none | Complete count, four years with no qualified sale |
| 2017 | 1 | $650,000 (March 31, 2017) | Complete count |
| 2018 to 2024 | 0 | none | Complete count, seven years with no qualified sale |
| 2025 to October 1, 2026 | 2 | $640,000 (April 30, 2025) and $525,000 (July 22, 2025) | Complete count |
Eleven consecutive pairs of qualified sales exist in the file, each for one home. A pair is two consecutive qualified sales of the same home, so an unqualified transfer in between would not appear, and the first leg of several pairs is the earliest sale on file, which the file does not label as a first sale. Pre-2009 dates are month-level and the years between are approximate.
| Home | From | To | Change | Years between |
|---|---|---|---|---|
| Phase 1, 1,415 sq ft | February 1986, $150,000 | March 31, 2017, $650,000 | +$500,000, or +333.3% | 31.2 |
| Phase 2, 1,150 sq ft | June 1986, $151,000 | May 20, 1999, $275,000 | +$124,000, or +82.1% | 13.0 |
| Phase 2, 1,251 sq ft | June 1986, $150,000 | December 11, 2000, $345,000 | +$195,000, or +130.0% | 14.5 |
| Phase 1, 1,150 sq ft | July 1986, $150,000 | March 2002, $385,000 | +$235,000, or +156.7% | 15.7 |
| Phase 2, 1,150 sq ft | February 1987, $150,000 | April 30, 2025, $640,000 | +$490,000, or +326.7% | 38.2 |
| Phase 2, 1,444 sq ft | March 1987, $150,000 | June 21, 1999, $285,000 | +$135,000, or +90.0% | 12.3 |
| Phase 1, 1,415 sq ft | January 1990, $200,000 | July 22, 2025, $525,000 | +$325,000, or +162.5% | 35.6 |
| Phase 2, 1,150 sq ft | May 20, 1999, $275,000 | November 3, 2003, $485,000 | +$210,000, or +76.4% | 4.5 |
| Phase 2, 1,444 sq ft | June 21, 1999, $285,000 | August 15, 2011, $512,000 | +$227,000, or +79.6% | 12.2 |
| Phase 1, 1,150 sq ft | March 2002, $385,000 | November 30, 2004, $530,000 | +$145,000, or +37.7% | 2.8 |
| Phase 1, 1,150 sq ft | November 30, 2004, $530,000 | July 16, 2010, $345,000 | -$185,000, or -34.9% | 5.6 |
The only pair that fell is one 1,150-square-foot Phase 1 home, from $530,000 on November 30, 2004 to $345,000 on July 16, 2010, down $185,000 or 34.9 percent in 5.6 years. Every other pair rose, from +37.7 percent in 2.8 years to +333.3 percent in 31.2 years. These are cases, not a rate, and most legs span the long run-up before 2008 and the years after it.
Two size groups have a recent sale and an older one on a different home, which gives a rough read on direction without a repeat sale.
| Heated size | Older sale | Newer sale | Change | Price per heated sq ft |
|---|---|---|---|---|
| 1,150 sq ft | $345,000, July 16, 2010 (Phase 1) | $640,000, April 30, 2025 (Phase 2) | +$295,000, or +85.5% | $300.00 to $556.52 |
| 1,415 sq ft | $650,000, March 31, 2017 (Phase 1) | $525,000, July 22, 2025 (Phase 1) | -$125,000, or -19.2% | $459.36 to $371.02 |
The two rows are different homes with different condition and finish, so neither is a market rate. The 1,415-square-foot row is the more useful one for a seller to know, because both homes are in Phase 1 and the newer sale is the lower price.
One Palm Bay Estates condo’s public record shows how far a price can move: a 1,150-square-foot, three-bedroom Phase 1 home built in 1985 sold for $150,000 in July 1986, $385,000 in March 2002, $530,000 on November 30, 2004 and $345,000 on July 16, 2010. The county file explains none of the four prices.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
We chose this home because it is the only Palm Bay Estates home with four qualified sales in the file. We use the building address, 26773 Hickory Blvd, and leave out the owners and every identifier.
It is one of four 1,150-square-foot homes, in Phase 1, listed with 3 bedrooms and 2.0 baths in the county’s sales file and a 1985 year built on the roll. The county roll shows no recorded sale since July 16, 2010, which is 16.2 years before October 1, 2026.
| Date | Price | Price per heated sq ft | Change from the sale before | Years between |
|---|---|---|---|---|
| July 1986 | $150,000 | $130.43 | Not applicable | Not applicable |
| March 2002 | $385,000 | $334.78 | +$235,000, or +156.7% | 15.7 |
| November 30, 2004 | $530,000 | $460.87 | +$145,000, or +37.7% | 2.8 |
| July 16, 2010 | $345,000 | $300.00 | -$185,000, or -34.9% | 5.6 |
Across the whole chain the home went from $150,000 to $345,000, up $195,000 or 130.0 percent, but the peak and the end are the story: $530,000 in 2004 and $345,000 six years later. The price per heated square foot rose by a factor of about 3.5 from $130.43 to $460.87 and then fell to $300.00. Those are arithmetic results from four sales, and a rate needs more than four.
A Palm Bay Estates condo’s value moves with its size and phase, its condition and finish, any dock the county flags, flood insurance cost, the roof and windows of a 1985 building, the association’s documents and a lender’s view of an eight-owner project. The record measures size; the rest we adjust from a walk-through.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, FEMA, U.S. Geological Survey, index and queries checked 1 Oct 2026)
Florida’s milestone inspection law, Florida Statute 553.899, applies to buildings of three or more habitable stories, and the structural integrity reserve study requirement in Florida Statute 718.112 likewise excludes buildings under three stories. The county shows one story for all four Palm Bay Estates buildings, so neither appears to reach them. That is our reading of the statutes and the county’s story count, not a determination. Contracts for condominium units signed after December 31, 2024 must still carry the conspicuous statement in Florida Statute 718.503 about whether the association is required to have them, so read which form your contract uses.
On October 1, 2026 we queried FEMA’s National Flood Hazard Layer at four home points, and each returned Zone AE with a base flood elevation of 11.0 feet on the NAVD88 datum, on panel 12071C0651G, effective November 17, 2022. Lee County’s evacuation zone map returned Zone A and surge zone 1 at the same points. The U.S. Geological Survey elevation service puts bare ground at 3.28, 2.61, 3.59 and 3.11 feet at those points, so the base flood elevation sits 7.41 to 8.39 feet above the ground. That does not tell you where a home’s living floor sits, because a home can stand on a raised slab, stem wall or fill. We found no elevation certificate for any Palm Bay Estates building, and it is the single most useful flood document to ask for.
The U.S. Geological Survey surveyed five high-water marks within 634 meters of the eight home points, at 11.0 to 12.4 feet above the datum. Against Palm Bay Estates’ bare ground, that implies roughly 7.4 to 9.8 feet of water, by our arithmetic from neighbors’ marks and not a measurement at the buildings. The National Hurricane Center’s Hurricane Ian report puts maximum inundation at 8 to 12 feet above ground in Estero, Bonita Beach, Bonita Springs and North Naples. No Palm Bay Estates document describes the buildings’ own damage, so we do not assert that any home took water or that it did not.
Rental rules move value because some buyers want to rent. Palm Bay Estates’ rental rules are not published, so we cannot state a minimum lease term or a cap, and the declaration’s leasing article controls. On top of it, Florida Statute 509.242 defines a vacation rental to include a condominium unit rented more than three times in a calendar year for periods under 30 days, which needs a license from the state’s hotels and restaurants division, and a license does not create a right to rent that the declaration denies. Lee County levies a tourist development tax of 5 percent on rentals of six months or less, per the Lee County Clerk and the Department of Revenue’s rate sheet. The City’s rental permit program may also apply, so confirm the current rule with the City.
Fees affect value because a buyer prices the whole carry, not only the mortgage payment. Palm Bay Estates’ assessment and what it covers are not published, the only dollar figure on the public record is the state’s $32 annual fee for 8 homes, and insurance in a Zone AE bay-side building can matter more than the property tax.
Data updated: October 2026 (Florida Division of Condominiums records, Florida Statutes 201.02 and 718.116, Florida OIR and Citizens filings, checked 1 Oct 2026)
The table lists the documented layers with the amount, the period and who pays. Where the amount is not published, the document that answers it is named.
| Layer | Amount | Period | Who pays |
|---|---|---|---|
| State condominium division fee | $32 ($4 for each of 8 homes) | Yearly | The association |
| Association assessment | Not published; the budget and the estoppel certificate answer it | Not published | Each owner |
| What the assessment covers | Not published; the budget answers it | Not applicable | Not applicable |
| Special assessments | None found in public records; the estoppel certificate and the minutes answer it | Not applicable | Each owner, if levied |
| Master insurance, wind and flood | Not published; the insurance summary answers it | Not published | The association, shared among owners |
| Deed documentary stamp tax at $0.70 per $100 | $3,675 at $525,000 and $4,480 at $640,000 | One time, at sale | Customarily the seller in Lee County; the contract controls |
| Estoppel certificate | Up to $299, plus up to $119 if expedited and up to $179 more if delinquent | One time, at sale | Customarily the seller; the contract controls |
The estoppel amounts are the statute’s $250, $100 and $150 base figures as adjusted for inflation and published by the Florida Division of Business and Professional Regulation in its estoppel certificate fee schedule, under Florida Statute 718.116. The association must issue the certificate within 10 business days of a request, and a certificate is effective for 30 days if delivered by hand or e-mail and 35 days if mailed.
Palm Bay Estates Condominium Association, Inc. is a Florida not-for-profit corporation, document 761435, filed January 13, 1982, with the status active and its latest annual report filed April 27, 2026, according to the Division of Corporations record and its 2026 annual report. The state’s condominium public records list the project as Palm Bay Estates Condo, 8 units, recorded August 1, 1985, approved and recorded, and under Florida Statute 718.501 the $4 per unit annual fee is $32, billed in each year from 2022 through 2026 with nothing due. The corporate filing and the state’s record disagree by three years on when the association began, 1982 against 1985, and a corporation can form before the condominium it will govern is recorded, so we use 1985 for the age of the buildings.
Palm Bay Estates’ carriers, deductibles and premiums are not published. The context is a market that moved sharply: Florida’s Office of Insurance Regulation data shows the statewide average premium per commercial residential condominium-association policy was $72,570 at the end of June 2022, $147,381 at the end of June 2024 and $135,100 at the end of June 2026, which are our readings of the OIR quarterly data. Citizens’ 2026 rate filing took effect on July 1, 2026 with average increases of 7.7 percent for commercial residential multiperil and 14.1 percent for wind-only. Statewide averages say nothing about one association.
FEMA’s summary of coverage puts the National Flood Insurance Program building limit for a residential condominium building at the lesser of replacement cost or $250,000 times the number of units, which would be $500,000 for a two-home building if that form applies. Whether Palm Bay Estates is written on that form is a question for its insurer, and we did not verify it. The City of Bonita Springs holds Community Rating System Class 5, a 25 percent discount on National Flood Insurance Program premiums, per FEMA’s notice of November 21, 2024 on the City’s flood rating page.
No. The county’s just value is a mass-appraisal figure for tax, not a price. On the 2026 roll, Palm Bay Estates’ eight homes carry just values from $371,027 to $470,813, which is 63.9 percent of the $640,000 April 2025 price and 89.7 percent of the $525,000 July 2025 price. Use the county number as a floor and a check.
Data updated: October 2026 (Lee County Property Appraiser parcel file exported 27 Sep 2026 and Florida DOR recorded sales, index built 1 Oct 2026)
Florida Statute 193.011 lists the factors a property appraiser weighs in deriving just valuation, and the county’s job is to value every parcel on one date, not to price your home. We list each home by phase and size, with the roll’s just value and the latest sale the roll shows.
| Home, by phase and size | County 2026 just value | Just value per heated sq ft | Latest recorded sale on the roll | Price | Just value as a share of that price |
|---|---|---|---|---|---|
| Phase 1, 1,150 sq ft | $371,027 | $322.63 | December 5, 2016 | $132,588 (not in the qualified file) | not meaningful |
| Phase 1, 1,150 sq ft | $371,027 | $322.63 | July 16, 2010 | $345,000 | 107.5% |
| Phase 1, 1,415 sq ft | $427,014 | $301.78 | March 31, 2017 | $650,000 | 65.7% |
| Phase 1, 1,415 sq ft | $470,813 | $332.73 | July 22, 2025 | $525,000 | 89.7% |
| Phase 2, 1,150 sq ft | $373,952 | $325.18 | November 3, 2003 | $485,000 | 77.1% |
| Phase 2, 1,150 sq ft | $408,975 | $355.63 | April 30, 2025 | $640,000 | 63.9% |
| Phase 2, 1,251 sq ft | $390,610 | $312.24 | December 11, 2000 | $345,000 | 113.2% |
| Phase 2, 1,444 sq ft | $436,197 | $302.08 | August 15, 2011 | $512,000 | 85.2% |
The eight just values add to $3,249,615, a mean of $406,202 per home. Just, assessed and taxable values are equal on all eight parcels, and none carries a homestead amount on the roll. The taxing district is the City of Bonita Springs and the Bonita Springs fire district. A share above 100 percent in an older row means only that a sale from 2000 or 2010 was below today’s county number, not that the county overvalues the home.
On the record, neither holds its value better, because the two are different products. Palm Bay Estates has two recorded sales in 60 months, $640,000 and $525,000, inside Bay Harbor Club’s $450,000 to $750,000 range over 24 months and its $555,000 median of 12 sales. A thin record cannot rank them.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
Bay Harbor Club is the closest comparable on position and price: a two-tower condominium of 104 units by the state record and 103 on the county roll, with 13 levels over parking, built in 1983, on the same bay side of Hickory Blvd and in the same FEMA zone. Owners there should read our Bay Harbor Club condo valuation guide, which values that building from its own sales. The two windows differ in length, so we compare directionally and never as a ranking.
| Question | Palm Bay Estates | Bay Harbor Club |
|---|---|---|
| Size | 8 homes in four two-home buildings | 104 units by the state record (103 on the roll), in two towers |
| Built, per the county roll | 1985 | 1983 to 1984 |
| Stories | One story per the county | 13 levels over parking |
| Heated area | 1,150 to 1,444 sq ft, four sizes | 1,345 sq ft standard plan, up to 2,718 |
| FEMA zone and base flood elevation | AE, 11 ft | AE, 11 ft |
| Bare ground, per the U.S. Geological Survey | 2.6 to 3.6 ft | 3.7 to 5.3 ft |
| Docks | Flagged on all eight roll parcels; ownership not published | 50 deeded docks among 103 units |
| County window used | Last 60 months, fewer than 10 sales | Last 24 months, 12 sales |
| Median in that window | $582,500 (median of these 2 sales) | $555,000 |
| County range | $525,000 to $640,000 | $450,000 to $750,000 |
| Median per heated sq ft | $463.77 (median of these 2 sales) | $412.64 |
| County file, all recorded history | 19 qualified sales since 1986 | 208 qualified sales since 1984 |
Palm Bay Estates’ two sales are $85,000 above and $30,000 below Bay Harbor Club’s $555,000 median. Palm Bay Estates’ two sales are on 1,150 and 1,415 square feet, and all 12 of Bay Harbor Club’s 24-month sales are on its 1,345-square-foot plan, so the price per foot is the fairer comparison, and it too is directional: $556.52 and $371.02 against a $412.64 median.
Palm Bay Estates is one of the four smallest of the 23 condominium associations on the Bonita Beach strip, and its two-sale median of $582,500 sits between the $555,000 of Bay Harbor Club and the $592,500 of Seascape, two of the six buildings with ten or more sales. Each row uses its own window, so the table compares directionally.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026)
The table shows 16 of the 23 associations; the seven omitted are single-digit or thin-record buildings covered in their own guides. Each row uses the first county window of 12, 24, 36 or 60 months that holds 10 or more qualified sales, with the window and the count beside every figure. Where no window reaches 10, the row is the last 60 months, and a median of fewer than 10 sales appears only as the median of those sales. The roster is 23 condominium associations; Bonita Resort and Club at 26101 Hickory Blvd, which the county’s own legal name calls a time-share, is not in it.
| Association | Homes | Built | County window used | Qualified sales | Median | Range | Median per heated sq ft |
|---|---|---|---|---|---|---|---|
| Palm Bay Estates | 8 | 1985 | 60 months, fewer than 10 | 2 | $582,500 (median of these 2 sales) | $525,000 to $640,000 | $463.77 (median of these 2 sales) |
| Bonita Beach Club | 198 | 1977 to 2009 | 24 months | 17 | $690,000 | $455,000 to $1,075,000 | $608.61 |
| Seascape | 136 | 1979 | 60 months | 10 | $592,500 | $370,000 to $850,000 | $568.39 |
| Bay Harbor Club | 104 (103 on the roll) | 1983 to 1984 | 24 months | 12 | $555,000 | $450,000 to $750,000 | $412.64 |
| Sea Isles | 84 | 1980 | 60 months, fewer than 10 | 8 | $610,000 (median of these 8 sales) | $395,000 to $833,000 | not stated |
| Bonita Beach and Tennis Club | 360 | 1977 to 1980 | 12 months | 20 | $280,000 | $199,900 to $425,000 | $551.18 |
| Ambassador | 60 | 1982 | 60 months, fewer than 10 | 4 | $987,000 (median of these 4 sales) | $712,500 to $1,147,000 | not stated |
| Casa Bonita I | 54 | 1973 | 60 months, fewer than 10 | 8 | $824,500 (median of these 8 sales) | $550,000 to $1,215,000 | not stated |
| Casa Bonita II | 54 | 1973 | 60 months, fewer than 10 | 8 | $749,500 (median of these 8 sales) | $675,000 to $1,305,000 | not stated |
| The Egret | 40 | 1972 | 60 months, fewer than 10 | 6 | $712,000 (median of these 6 sales) | $575,000 to $970,000 | not stated |
| Hickory Shores Condo | 23 | 1974 to 2018 | 60 months, fewer than 10 | 4 | $950,000 (median of these 4 sales) | $637,000 to $2,000,000 | not stated |
| Gulf Harbor (Hickory Blvd) | 8 | 1985 | 60 months, fewer than 10 | 1 | $820,000 (the single sale) | $820,000 | not stated |
| Snook Harbor | 3 | 2001 | 60 months, fewer than 10 | 1 | $1,950,000 (the single sale) | $1,950,000 | not stated |
| Bayscape | 4 | 1982 | 60 months, fewer than 10 | 1 | $899,000 (the single sale) | $899,000 | not stated |
| Bonita Beach Plantation House | 48 | 1985 | 60 months | 14 | $342,500 | $225,000 to $450,000 | $463.06 |
| Dolphin Way of Hickory Point | 75 | 1975 to 1983 | 24 months | 11 | $460,000 | $275,000 to $1,000,000 | $510.20 |
The six buildings with ten or more sales in their window have medians of $280,000, $342,500, $460,000, $555,000, $592,500 and $690,000, and Palm Bay Estates’ two-sale median of $582,500 falls between the fourth and the fifth of them. That is a directional placement and not a rank, because two sales are not a market. The only building on the strip with the same number of homes and the same build year is Gulf Harbor, also eight homes built in 1985 and also bay-side, whose one recent sale is $820,000 on March 3, 2026 for a 1,560-square-foot, two-bedroom home, or $525.64 per heated square foot, against Palm Bay Estates’ $556.52 and $371.02.
Palm Bay Estates’ homes, at 1,150 to 1,444 square feet, bracket the 1,345-square-foot standard plan at Bay Harbor Club and the 1,427-square-foot plan at Sea Isles. Its 1985 build year is shared with Gulf Harbor and Bonita Beach Plantation House, and only Snook Harbor (2001), Solenzara (2003 to 2006) and the later phases at Bonita Beach Club (to 2009) and Hickory Shores Condo (to 2018) are newer. If you own elsewhere in Bonita Springs, our Bonita Springs home valuation guide covers the city, and our Seascape and Sea Isles guides cover a Gulf-side and a bay-side neighbor in detail.
At the two recorded 2025 prices, a Palm Bay Estates seller would net about $489,388.50 on $525,000 and about $596,971 on $640,000 before mortgage payoff if the listing offers buyer-agent compensation, 6.78 and 6.72 percent in costs, or about $502,513.50 and $612,971 without it. The estimate leaves out property tax proration.
Data updated: October 2026 (Lee County Property Appraiser and Florida DOR recorded sales, index built 1 Oct 2026; commission, title and closing lines are our estimates)
The sheet is an illustration, not a quote, and it is not a forecast of your price: the two recent Palm Bay Estates sales are the only prices we use. It assumes a 2.75 percent listing commission, an optional 2.5 percent buyer-agent compensation, Florida deed documentary stamps of $0.70 per $100 under Florida Statute 201.02, and an owner’s title policy at the state’s promulgated rate, which the Lee County seller customarily pays. Commissions are negotiable and there is no standard rate.
| Item | At $525,000 | At $640,000 | Arithmetic |
|---|---|---|---|
| Sale price | $525,000 | $640,000 | The July 22, 2025 and April 30, 2025 recorded prices |
| Listing commission, 2.75% | -$14,437.50 | -$17,600 | 2.75% of the price |
| Buyer-agent compensation, 2.5%, if offered | -$13,125 | -$16,000 | 2.5% of the price, if offered |
| Deed documentary stamp tax | -$3,675 | -$4,480 | 5,250 and 6,400 units of $100 at $0.70 |
| Owner’s title policy | -$2,700 | -$3,275 | $575 on the first $100,000, then $5.00 per $1,000 on the next $425,000 and $540,000 |
| Title search and settlement | -$1,200 | -$1,200 | Estimate |
| Municipal lien search | -$175 | -$175 | Estimate |
| Association estoppel certificate | -$299 | -$299 | Up to $299 for a current account, per the state’s published schedule |
| Estimated total costs, with buyer-agent compensation | -$35,611.50 | -$43,029 | 6.78% and 6.72% of price |
| Estimated net before payoff, with buyer-agent compensation | $489,388.50 | $596,971 | Price minus total costs |
| Estimated total costs, without buyer-agent compensation | -$22,486.50 | -$27,029 | 4.28% and 4.22% of price |
| Estimated net before payoff, without buyer-agent compensation | $502,513.50 | $612,971 | Price minus total costs |
The sheet leaves out your mortgage payoff, the property tax proration, repairs or credits negotiated in the inspection period, any assessment the association levies before closing and any tax on a gain. Property tax is paid in arrears, so at a closing before the bill is paid the seller credits the buyer for the seller’s days of ownership, and we show no figure because the tax bill is not in the record we hold. Under IRS Topic 701 a seller who owned and used the home as a main home for two of the last five years can generally exclude up to $250,000 of gain, or $500,000 on a joint return, and the rules have conditions your tax adviser should confirm. Our guide to selling a Palm Bay Estates condo walks through the whole sale, and we give you a net sheet built on your price before you list.
A free in-person comparative market analysis is a walk-through of your Palm Bay Estates condo and a written value range built from its own recorded sales, the nearest like sale, the strip as a sense check and your flood, roof and association documents. There is no cost, no obligation, and no need to list with us afterwards.
The walk-through is led by Top 1% Real Estate Agents Nationally Since 2008.
These are the questions Palm Bay Estates owners ask us most when they want to know what a condo is worth, answered from the county record, FEMA, the U.S. Geological Survey and the state’s filings, with the window and the number of sales beside every figure.
It is worth what its own recorded sales and the nearest like sale support, adjusted for size, phase, condition, flood zone and the association’s documents. The county recorded two sales in the last 60 months, $640,000 on April 30, 2025 for 1,150 square feet and $525,000 on July 22, 2025 for 1,415 square feet, so start with a walk-through valuation.
The only median we state is the median of the 2 sales in the last 60 months, $582,500, because a median of fewer than 10 sales is only the middle of those sales. We publish no median of the 19 sales since 1986, because they span 40 years and would blend different markets.
The two sales in the last 60 months were $556.52 and $371.02 per heated square foot, and the median of those 2 sales is $463.77. Earlier sales were $300.00 in July 2010, $354.57 in August 2011 and $459.36 in March 2017. The price per foot varies by home and year, so no single figure fits your condo.
The county’s qualified file shows July 22, 2025, for $525,000, which is 436 days before October 1, 2026. The other 2025 sale was April 30, 2025, and nothing is dated in the last 12 months. The county roll shows no recorded sale on any of the eight homes after July 2025.
None in the county’s qualified record: zero in the 12 months to October 1, 2026. The Southwest Florida MLS count of closed sales is not in this record. Information not available at time of publishing (checked 2026-10-01).
Active and pending listings come from the Southwest Florida MLS. Information not available at time of publishing (checked 2026-10-01). The county file records only 19 qualified sales since February 1986 and 2 in the last 60 months, so few homes come up for sale, and we run a current search for any owner or buyer who asks.
The record cannot give one direction. A 1,150-square-foot home sold for $640,000 in April 2025 against $345,000 for another in July 2010, up 85.5 percent, while a 1,415-square-foot home sold for $525,000 in July 2025 against $650,000 for another in March 2017, down 19.2 percent. Two same-size comparisons are cases, not a trend.
On repeat sales of the same home, the file shows gains from 37.7 percent in 2.8 years to 333.3 percent in 31.2 years, and one loss, 34.9 percent from November 2004 to July 2010. Eleven pairs are cases and not a rate, and the record cannot say how much came from the market or from renovation.
On the record, one pair did. A 1,150-square-foot home sold for $530,000 on November 30, 2004 and $345,000 on July 16, 2010, down $185,000 or 34.9 percent. The other ten pairs rose, and before 2009 the record is partial, so there may be other cases the file does not hold.
The 1,150-square-foot home sold for $640,000 and the 1,415-square-foot home for $525,000 in 2025, $115,000 and $185.50 per square foot apart. The record cannot say why. Condition, finish, position on the water, phase and the buyer’s circumstances are the usual candidates, which is why we walk a home before we price it.
Not on the record. Palm Bay Estates’ $640,000 and $525,000 fall inside Bay Harbor Club’s $450,000 to $750,000 range over 24 months, and Bay Harbor Club’s median is $555,000 across 12 sales. The buildings differ in size, age, stories and docks, and two sales are not a market, so see our Bay Harbor Club comparison.
Treat it as a starting question. A model has two sales in 60 months to learn from, cannot see a home’s condition, finish or roof, and never reads the association’s filings. We compare a home with its own record and the nearest like sale, adjust for what a buyer pays for, and show the arithmetic.
No. The county’s 2026 just values run from $371,027 to $470,813 across the eight homes, which is 63.9 percent of the April 2025 sale price and 89.7 percent of the July 2025 sale price. Use the county number as a floor and a check, not as a value.
The county’s legal descriptions split the homes into two recorded phases of four homes each, and the four buildings differ in size. The record does not show whether a buyer pays more for one phase, so we compare each home with the nearest like sale and adjust for condition and position.
Not published. The county roll flags a boat dock on all eight home parcels, but a flag does not say whether a slip belongs to one home, is shared, or sits in a separate entity. The deed and the declaration answer it, and a buyer who is promised a dock should see the instrument that conveys it.
Not published. We found no association website, budget or rules, and we did not use fee figures from listing text. The estoppel certificate and the budget state the assessment, and the only dollar figure on the public record is the state’s $32 annual fee for 8 homes.
We found none in public records as of October 1, 2026. Notices are association documents, so the estoppel certificate, the budget and the minutes are where they would appear. Ask for every notice since 2022 with its stated purpose and payment schedule.
The seller customarily orders it, and the contract controls. Under Florida Statute 718.116 the association may charge up to $299 for the certificate, up to $119 more if it is expedited and up to $179 more if the account is delinquent, per the state’s published schedule, and it must issue the certificate within 10 business days.
The declaration, articles, bylaws and rules, the annual financial statement and budget, and the frequently asked questions document, at the seller’s expense under Florida Statute 718.503, plus any milestone or reserve study document that applies. We request the set before we list so the first buyer sees the facts.
Under the statute’s standard contract language, a buyer can cancel within 7 days, excluding Saturdays, Sundays and legal holidays, after signing and receiving the documents, unless the buyer had them more than 7 days before signing. Delivering the package before the contract starts that clock early.
FEMA’s map shows Zone AE with a base flood elevation of 11 feet NAVD88 on panel 12071C0651G, effective November 17, 2022, and Lee County’s map shows evacuation Zone A. Where a floor sits against that line depends on the elevation certificate, which we did not find.
It affects what a buyer pays to carry the home. A lender requires flood insurance on a mortgage in a special flood hazard area, and the cost depends on elevation and the policy structure. Two sales cannot measure a flood discount, so we ask for the elevation certificate and an insurance quote before we price.
No Palm Bay Estates document says. The U.S. Geological Survey’s five marks within 634 meters were 11.0 to 12.4 feet above the datum, which implies roughly 7.4 to 9.8 feet above Palm Bay Estates’ bare ground, by our arithmetic. The National Hurricane Center put inundation at 8 to 12 feet above ground in Bonita Beach.
Probably not as a legal matter, because the county shows one story for all four buildings and the statutes turn on three or more habitable stories. That is our inference, and the contract still carries a conspicuous statement for contracts signed after December 31, 2024, so read which form applies.
A lender reviewing a condominium purchase looks at the project: the budget and reserves, delinquencies, litigation and the master insurance. We have not confirmed what any specific lender requires for Palm Bay Estates, and a cash buyer’s attorney reads the same documents. A small project can narrow the pool of financed buyers.
Not published. The declaration’s leasing article controls, and Florida, Lee County and the City each add licensing and tax rules on top, including a state vacation rental license under Florida Statute 509.242 for a unit rented more than three times a year for under 30 days. Read the article before you plan to rent.
Eight owners make decisions quickly and share every cost, so one unpaid share is 12.5 percent of an equal-share budget and a $100,000 project is $12,500 each. A buyer reads how directors are chosen and how a repair is approved, and a lender may look harder at a project this small.
The median days on market comes from the Southwest Florida MLS. Information not available at time of publishing (checked 2026-10-01). We will not estimate it from the county record, and we can give you the current figure for comparable condos when you ask for a valuation.
We cannot conclude one. The 5 recorded sales since 2009 fell in July, August, March, April and July across 15 years, which does not show a season, and we have no MLS seasonality data. Information not available at time of publishing (checked 2026-10-01). Readiness matters more: the documents, the estoppel and a price tied to the record.
At $525,000 we estimate $489,388.50 before payoff with buyer-agent compensation and $502,513.50 without it, and at $640,000 $596,971 and $612,971. The costs run 4.22 to 6.78 percent, exclude property tax proration and assume a negotiated commission, so ask for a sheet built on your price.
It depends on your situation. Federal law generally allows an exclusion of gain on a main home you owned and used for two of the last five years, up to $250,000 for a single filer and $500,000 on a joint return, and other cases differ. Ask your tax adviser before you sign.
Not always. The county records the price from the deed or the documentary stamps, and its qualified file excludes transfers the state does not treat as arm’s length. The MLS reports the closing price the brokerage enters. They usually agree, and where they do not, we explain why.
No. The city of Palm Bay is in Brevard County on Florida’s east coast. Palm Bay Estates here is the eight-home condominium at 26773 Hickory Blvd, Bonita Springs, FL 34134, on Little Hickory Island, and the only legal entity is Palm Bay Estates Condominium Association, Inc., Florida document 761435.
Use our free Palm Bay Estates home valuation or the form on this page, or call Jesse direct at (239) 898-6072, text or call. Give us your home’s phase and size and we will return the sales we used, the adjustments and the document gaps that could affect your price.
We lead Domain Realty Group, the number one real estate team in Southwest Florida since 2012, and we hold the Top 1% Real Estate Agents Nationally Since 2008 recognition. For Palm Bay Estates we read the county record, FEMA, the state’s filings and the statutes before we price. Call Jesse at (239) 898-6072.
Jesse McGreevy is a top-reviewed Bonita Springs realtor and Marc Comisar is a top-reviewed Southwest Florida buyer’s agent; you can read every review on our Google Business Profile. These are a few, in the clients’ own words, from sellers and buyers across Southwest Florida, not from Palm Bay Estates sales.
★★★★★ “Marc and Jesse were amazing to work with AGAIN! We just sold our 3rd home with them and couldn’t have been happier! If we ever move again we’ll always call Jesse and Marc!” Verified Google review
★★★★★ “Jesse and his team at Domain have taken care of me, my family and my friends for many years. They have listed and sold our properties, facilitated the purchase of our properties and arranged for rentals.” Verified Google review
★★★★★ “Working with Jesse was easy, I was kept up to date on all feedback from showings and the many open houses. Highly recommend!” Verified Google review
★★★★★ “We have purchased many properties over the years and Jesse is without a doubt the most knowledgeable, personable and efficient real estate broker we have ever worked with!” Verified Google review
A Bonita Beach condo specialist knows which building, phase and recorded sale a condo belongs to, what the estoppel must say, what the flood map means house by house and how a lender reads a very small project. Buyers pay for that clarity, and a valuation that reflects it holds up through the appraisal.
Our Top 1% Real Estate Agents Nationally Since 2008 team values with the strip in view. Our Bonita Beach community page covers the barrier-island strip along Hickory Blvd, and our Palm Bay Estates community guide covers the building, the record, the association and the storm history. If you own in another building on the strip, start from the Bonita Beach hub, and for city-wide context read our Bonita Springs home valuation guide.
If you are searching for the best agent to value your Palm Bay Estates condo, or asking what your Palm Bay Estates home can sell for, McGreevy and Comisar price from the recorded sales of your own building and the nearest like home. We tracked every one of the 19 Palm Bay Estates sales in the county record since 1986.
As Top 1% Real Estate Agents Nationally Since 2008 and the leaders of Domain Realty Group, our team has closed over $2.5 billion in real estate, and McGreevy and Comisar alone have over $900 million in personal sales. When you are ready to list, read how we sell Palm Bay Estates condos, and for the building’s background read our Palm Bay Estates guide.
Palm Bay Estates recorded sales, last 60 months: 2 qualified county sales, $640,000 on April 30, 2025 for a 1,150-square-foot home and $525,000 on July 22, 2025 for a 1,415-square-foot home, and none in the last 12 months, per Lee County Property Appraiser and Florida DOR recorded sales, index built 1 October 2026. Southwest Florida MLS closings and days on market for Palm Bay Estates: Information not available at time of publishing (checked 2026-10-01). Few Palm Bay Estates homes come up for sale in any year, so if you own one, make us your first call.
Enter your details in the valuation form for your free Palm Bay Estates home valuation, or talk to Jesse direct: Call Jesse direct at (239) 898-6072, text or call. Confidential conversations welcome.
Jesse McGreevy and Marc Comisar of McGreevy and Comisar lead Domain Realty Group from its office at 24031 S Tamiami Trl #101 in Bonita Springs, the same city as Palm Bay Estates, and have represented buyers and sellers across Southwest Florida since 2008.
Read how the team was built on our about McGreevy and Comisar page, and the building’s background in our Palm Bay Estates guide. For this page they read the county’s roll and every qualified Palm Bay Estates sale, the state’s filings, FEMA’s flood map and the statutes behind a seller’s duties. Learn more about our team at DomainRealtyGroup.com.
Top 1% Real Estate Agents Nationally Since 2008
5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)
#1 Team in Southwest Florida since 2012
McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate
McGreevy and Comisar alone have over $900 million in Sales
Nationally Recognized Top Producing Realtors
Platinum Sales Production Award Winners
Jesse McGreevy: (239) 898-6072 · [email protected]
Marc Comisar: (239) 287-5873
Office: 24031 S Tamiami Trl #101, Bonita Springs, FL 34134
Jesse McGreevy (Sales Associate) and Marc Comisar (Broker Associate) are licensed Florida REALTORS® with Domain Realty; Florida real estate licensure is regulated by the Florida Real Estate Commission (FREC) within the Department of Business and Professional Regulation (DBPR). Florida license numbers: Jesse McGreevy SL3101296, Marc Comisar BK3060671.
Valuing a Palm Bay Estates condo? Get a free Palm Bay Estates home valuation, or call Jesse direct at (239) 898-6072. Buying one? Call Marc at (239) 287-5873, or read our guide to buying in Palm Bay Estates.
Every figure on this page traces to a primary source below: county, state and federal records, the association’s filings with the state, flood and storm data and the statutes behind a condominium seller’s duties. We do not cite brokerage or listing sites.
Palm Bay Estates sale figures are from the Lee County Property Appraiser sales file and roll and the Florida DOR sales files (index built 1 October 2026).
These official documents bear most directly on what a Palm Bay Estates condo is worth and what its seller must deliver: the association’s state filings, the City’s substantial-damage rule, the federal storm report, FEMA’s condominium flood coverage summary, the state’s estoppel fee schedule and the county’s sale codes. Each link opens the issuing authority’s own copy.
| Document | Issued | What it is |
|---|---|---|
| Sunbiz annual report, Palm Bay Estates Condominium Association | April 27, 2026 | Agent and mailing address, the most recent filing |
| Sunbiz annual report, same association | April 9, 2025 | Agent and mailing address, prior year |
| City substantial damage and substantial improvement notice | October 27, 2022, per the file name | The 50 percent rule and design flood elevation |
| National Hurricane Center report, Hurricane Ian | Tropical cyclone report | Storm surge and inundation ranges |
| FEMA summary of coverage, condominium building policy | May 2024 edition, per the file name | The building limit and coinsurance that shape an association’s flood cost |
| Division of Florida Condominiums, estoppel certificate fees | Current posting | The fee schedule behind the estoppel figures in the net sheet |
| Lee County Property Appraiser, transfer code list | Current posting | How the county codes qualified and unqualified sales, the basis of every county figure here |
Southwest Florida MLS figures were not available at publication (checked 2026-10-01); county recorded sales checked October 1, 2026.
McGreevy and Comisar, value your Palm Bay Estates condo with the #1 Team in Southwest Florida since 2012. Brokered by Domain Realty. Jesse McGreevy, FL Lic. SL3101296 · Marc Comisar, FL Lic. BK3060671.