Palma Sola Park median real estate price is $267,933, which is more expensive than 79.6% of the neighborhoods in Florida and 72.5% of the neighborhoods in the U.S.
The average rental price in Palma Sola Park is currently $1,485, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.4% of the neighborhoods in Florida.
Palma Sola Park is a suburban neighborhood (based on population density) located in Bradenton, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Palma Sola Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Palma Sola Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Palma Sola Park. The current real estate vacancy rate here is 20.0%. This is higher than the rate of vacancies in 84.7% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.