Living in Florida's Space Coast
PALM SPRINGS CONDO
Palm Springs Condo is the condo building in Satellite Beach where $395,000 was the median across six closed sales in the last twelve months, the association runs about $735 a month, and sellers closed at about 91 percent of original list. Built 2007 to 2012.
Palm Springs Condo In Satellite Beach, Florida
Palm Springs Condo sits in Satellite Beach, in the 32937 zip code, on Lancha. Over the last twelve months six of the nine properties I tracked here actually closed, at a $395,000 median.
The housing stock is 9 condos, built 2007 to 2012. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 91 percent of original list, one of the softer ratios on the beachside. That usually means listings started high and cut more than once, not that buyers are stealing anything.
The association reports at about $735 a month across 9 of the 9 listings. At that level what the fee covers and whether the reserves are funded matters more to your real monthly cost than the purchase price does.
Palm Springs Condo At A Glance
Every figure below comes from the last twelve months of Satellite Beach market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 9 condos, mostly one story |
| Home size range | Roughly 1,800 to 2,116 square feet, median about 2,069 |
| Bedrooms and baths | two to three bedrooms, two baths |
| Lot size | 0.10 to 0.11 acres, median about 0.10 |
| Year built | 2007 to 2012, median 2008 |
| Median sold price | $395,000 over the last twelve months |
| Sold price range | $365,000 to $530,000 |
| Price per square foot | About $195 median |
| HOA dues | $735 median a month, reported on 9 of 9 listings |
| Waterfront | None of the nine recent listings reported water frontage |
| Private pools | 1 of 9 |
| Garage | 9 of 9 listings reported a garage |
| Property tax | About $5,339 median annual, ranging widely with assessment history |
| Days on market | 27 days median, at about 91 percent of original asking price |
| Location | Satellite Beach, 32937 |
Palm Springs Condo Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.
What The Fee Actually Covers
$735 a month medianA fee is not good or bad on its own. What matters is the budget behind it, whether the reserves are funded, and what has been special assessed in the last three years. I read the budget, the reserve study and two years of minutes before you go under contract.
The Tax Bill Resets
About $5,339 median todayThat is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.
Real Negotiating Room
About 91 percent of original listA 27 day median with closings near 91 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
Palm Springs Condo Features
Association On Record
A median of $735 a month across 9 of the 9 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pool Homes Here
1 of the last 9 had a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.
Mostly Single Story
8 of the 9 listings reporting stories were one level, typical of when this was platted.
Newer Construction
Median year built is 2008. Newer roofs and newer wiring generally quote better on insurance, which is worth real money here.
Garages Are Common
9 of the 9 listings reported a garage, which on the beachside is less common than buyers expect.
Minutes To The Ocean
The Atlantic is a short walk east and the Banana River a short walk west, with the Pineda and Eau Gallie causeways putting you on the mainland in about ten minutes.
Homes For Sale In Palm Springs Condo
Every active Palm Springs Condo listing, straight from the MLS and updated as it changes.
Palm Springs Condo Frequently Asked Questions
What do homes sell for in Palm Springs Condo?
The median closed price over the last twelve months was $395,000 across six sales, ranging $365,000 to $530,000. Median price per square foot was $195.
Does Palm Springs Condo have an HOA?
Yes. The median reported association fee is $735 a month, on 9 of the 9 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
How far is Palm Springs Condo from the beach?
Satellite Beach is a barrier island city, so the Atlantic is a short walk or a two minute drive from anywhere in the neighborhood. None of these properties carry water frontage on record, which is part of why the pricing sits where it does.
Can you negotiate on price in Palm Springs Condo?
Sellers closed at about 91 percent of original list over the last year. That is softer than most of the beachside, which usually means listings started high rather than that buyers are getting bargains. I price the offer off the specific comparable sales, not the neighborhood average.
Are there pool homes in Palm Springs Condo?
Yes. 1 of the 9 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.
What are property taxes like in Palm Springs Condo?
The median bill on record is about $5,339, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.
What is the buying process like in Palm Springs Condo?
I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.
Satellite Beach, 32937
Palm Springs Condo sits in Satellite Beach, in the 32937 zip code, on Lancha. The city runs about three miles north to south on the barrier island, between Patrick Space Force Base and Indian Harbour Beach, and it is under a mile wide at most points.
The Atlantic is east and the Banana River is west, and neither is far from anywhere here. The Pineda Causeway at the north end and the Eau Gallie Causeway just south put you on the mainland in about ten minutes, which is why so many buyers work in Melbourne or at the base and still live on the beach.
Near Palm Springs Condo In Satellite Beach
Considering Palm Springs Condo?
If Palm Springs Condo is on your list, my partner Nichole and I are the agents to call. We work Satellite Beach every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.
Don't miss this stunning, fully remodeled third-floor condo offering breathtaking Atlantic Ocean views and the perfect blend of comfort, style, and serene coastal living....
- 3 Beds
- 2 Baths
- 1085144 MLS
Paradise Found! Embrace the coastal lifestyle you've been dreaming of in this beautifully appointed three-bedroom, two-bath condominium in the highly desirable Palm Sp...
- 3 Beds
- 2 Baths
- 1082821 MLS
PRICE REDUCED $10k!! Coastal calm meets modern style in this 3 bedroom, 2 bath beachside corner unit condo designed for effortless living with over 2000 square feet of li...
- 3 Beds
- 2 Baths
- 1068160 MLS
