Palm Bay Villas

Built in the late 1960s, Palm Bay Villas is a beachfront condominium community located in the prestigious Moorings neighborhood of Naples. This non-gated complex sits directly across the street from the white sandy beaches of the Gulf of Mexico, offering residents immediate beach access and a prime coastal location.

Location & Setting

Palm Bay Villas enjoys an enviable position approximately 2 miles north of the shopping and restaurants at 5th Avenue in Olde Naples. The community is situated on a canal with Gulf access, providing both beachfront proximity and boating opportunities for water enthusiasts.

Community Features

This intimate complex consists of 40 low-rise condominium units in 2-3 story buildings. The community features underground utilities, a community pool, boat docks available for sale, and assigned parking. Each residence includes screened patios and many units offer canal views. The buildings feature durable metal roofs and the property provides both bayfront access and private beach access.

Lifestyle & Amenities

Residents enjoy a relaxed beachfront lifestyle with amenities including a BBQ and picnic area, bike storage, extra storage options, and the community pool. The location provides easy access to both the Gulf beaches and the canal system, making it ideal for those who appreciate waterfront living.

Quick Facts

Community Type
Waterfront / boating
Gated
No
Residences
40 condos in 2-3 story buildings
Location
Moorings, across from Gulf beaches
Established
1967
Lifestyle
Beachfront condo living
Pet Policy
No pets allowed

Properties for Sale

Market Snapshot

Here's the latest snapshot of the Palm Bay Villas real estate market in the Moorings neighborhood of Naples, Florida. As of April 2026, the median sales price for all property types in Palm Bay Villas is $700,000 based on March 2026 data. The median price per square foot for condos and all property types reached $660 in March 2026, a notable increase from $525 in August 2025. Inventory levels in Palm Bay Villas remain constrained. The months' supply of homes for sale has remained steady at 0.8 since January 2026, consistent with most of the months since July 2025. This indicates a seller's market, where demand outpaces the available supply. As of April 2026, there is one condo for sale. Sales activity in Palm Bay Villas has seen some fluctuation. There was one pending sale in March 2026. Total sales in March 2026 equaled 1, following a period with no sales in both January and February 2026. The two sales in June 2025 also indicate the potential for higher sales volume, although the overall trend suggests limited inventory is impacting the number of closed sales.

May 2026 · Last updated May 2, 2026

Pricing

Track how home values are trending in Palm Bay Villas. Median sale prices and price-per-square-foot data help buyers and sellers gauge current market positioning.

Median Closed Price

$700,000 as of March 2026.

$507K$600K$693KNov 2024May 2025Jun 2025Mar 2026
View monthly data
MonthMedian Closed Price
November 2024$500,000
December 2024$600,000
May 2025$645,000
June 2025$623,664
August 2025$630,000
March 2026$700,000

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through March 2026. Data deemed reliable but not guaranteed.

$660 as of March 2026.

$426$539$651Nov 2024May 2025Jun 2025Mar 2026
View monthly data
MonthMedian Prices per Sq ft
November 2024$417
December 2024$566
May 2025$538
June 2025$520
August 2025$525
March 2026$660

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through March 2026. Data deemed reliable but not guaranteed.

Inventory

See how many homes are available in Palm Bay Villas and how quickly inventory is moving. Months of supply indicates whether conditions favor buyers or sellers.

Homes For Sale

1 as of June 2026, down 50.0% year-over-year.

024Jul 2023Jul 2024Jun 2025Jun 2026
View monthly data
MonthHomes For Sale
July 20251
August 20251
September 20251
October 20251
November 20251
December 20251
January 20261
February 20261
March 20261
April 20261
May 20261
June 20261

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through June 2026. Data deemed reliable but not guaranteed.

1 as of June 2026, down 37.5% year-over-year.

0.91.92.9Nov 2024May 2025Dec 2025Jun 2026
View monthly data
MonthMonths Supply
July 20250.8
August 20250.8
September 20250.8
October 20250.8
November 20250.8
December 20250.8
January 20260.8
February 20260.8
March 20260.8
April 20260.8
May 20260.8
June 20261

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through June 2026. Data deemed reliable but not guaranteed.

Activity

Monitor real estate transaction volume in Palm Bay Villas. Pending and closed sales reflect the pace of buyer demand and overall market momentum.

Pending Sales

0 as of May 2026, down 100.0% year-over-year.

012Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthPending Sales
June 20250
July 20251
August 20250
September 20250
October 20250
November 20250
December 20250
January 20260
February 20260
March 20261
April 20260
May 20260

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

0 as of May 2026, down 100.0% year-over-year.

012Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthTotal Sales
June 20252
July 20250
August 20251
September 20250
October 20250
November 20250
December 20250
January 20260
February 20260
March 20261
April 20260
May 20260

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

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The information provided on this page, including market data and statistics, is believed to be accurate but is not guaranteed. Data may contain errors, omissions, or delays. Bonnycastle Realty makes no representations or warranties of any kind regarding the completeness, accuracy, or reliability of this information. Use of this data is at your own risk. Bonnycastle Realty shall not be held liable for any loss or damage arising from reliance on the information presented.

Southwest Florida MLS

The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Bonnycastle Realty are marked with the listing broker's name. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the M.L.S. of Naples, Inc. BR Program, or contained in the database compilation of the M.L.S. of Naples, Inc.

The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Some properties that appear for sale on this website may no longer be available. For the most current information, contact Bonnycastle Realty at (239) 778-0254 or info@bonnycastlerealty.com.

Page last updated 4/19/2026