Market Insights for Palm Island

As of 05-25-2024

For Sale

  • Active For Sale23
  • Average Price$16,702,826
  • Average Price / Sqft$3,504
  • Average Days on Market304
  • Largest Price Reduction$4,400,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale3
  • Average Price$18,983,333
  • Average Price / Sqft$4,477
  • Average Days on Market176
  • Largest Price Reduction$4,000,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)5
  • Average Price$18,485,000
  • Average Price / Sqft$2,727
  • Average Days on Market236
  • Largest Price Reduction$8,500,000
  • Largest Price Increase$0

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
205 N Hibiscus Dr
HIBISCUS ISLAND
$14,750,000 $15,500,000 $750,000 (-4.84%) 0 0 0 / 0 / 0 2024-05-13
205 N Hibiscus Dr
HIBISCUS ISLAND
$14,750,000 $15,500,000 $750,000 (-4.84%) 3,488 $4,229 5 / 4 / 0 2024-05-13
40 Palm Ave
PALM ISLAND
$40,000,000 $48,500,000 $8,500,000 (-17.53%) 14,930 $2,679 8 / 9 / 4 2024-05-08
394 S Hibiscus Dr
HIBISCUS ISLAND
$15,375,000 $17,000,000 $1,625,000 (-9.56%) 0 0 0 / 0 / 0 2024-04-24
235 S Hibiscus DR
HIBISCUS ISLAND
$7,550,000 $8,500,000 $950,000 (-11.18%) 5,928 $1,274 6 / 6 / 1 2023-12-13

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
320 S Hibiscus Dr
HIBISCUS ISLAND
$33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 205
250 S Hibiscus Dr
HIBISCUS ISLAND
$13,950,000 $0 (0%) 3,629 $3,844 4 / 4 / 0 268
290 S Hibiscus Dr
HIBISCUS ISLAND
$9,500,000 $0 (0%) 1,792 $5,301 3 / 4 / 0 59

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
277 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$9,800,000 $7,900,000 $1,900,000 (-19.39%) 2,608 $3,029 5 / 5 / 1 228
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,250,000 $1,645,000 (-18.49%) 3,086 $2,349 4 / 2 / 1 239
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,250,000 $1,645,000 (-18.49%) 0 0 0 / 0 / 0 239
93 Palm Ave
PALM ISLAND
$23,900,000 $19,500,000 $4,400,000 (-18.41%) 0 0 0 / 0 / 0 121
290 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $9,000,000 $1,900,000 (-17.43%) 0 0 0 / 0 / 0 185
420 N Hibiscus Dr
HIBISCUS ISLAND
$11,350,000 $9,850,000 $1,500,000 (-13.22%) 5,642 $1,746 5 / 6 / 1 223
320 S Hibiscus Dr
HIBISCUS ISLAND
$37,500,000 $33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 205
369 N Hibiscus Dr
HIBISCUS ISLAND
$16,000,000 $14,350,000 $1,650,000 (-10.31%) 8,216 $1,747 9 / 11 / 0 494
432 S Hibiscus Dr
HIBISCUS ISLAND
$33,000,000 $30,000,000 $3,000,000 (-9.09%) 0 0 0 / 0 / 0 848
345 N Hibiscus Dr
HIBISCUS ISLAND
$16,995,000 $15,500,000 $1,495,000 (-8.8%) 3,646 $4,251 3 / 4 / 0 204
345 N Hibiscus Dr
HIBISCUS ISLAND
$16,995,000 $15,500,000 $1,495,000 (-8.8%) 0 0 0 / 0 / 0 200
30 Palm Ave
PALM ISLAND
$43,000,000 $39,900,000 $3,100,000 (-7.21%) 0 0 9 / 8 / 1 283
222 S Coconut Ln
PALM ISLAND
$14,900,000 $13,900,000 $1,000,000 (-6.71%) 4,507 $3,084 5 / 4 / 1 81
316 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $10,770,000 $130,000 (-1.19%) 2,767 $3,892 4 / 4 / 1 316
Share: