David Ramirez
$1,488,000$1,528,0005 bd4 ba3,172 sqft$469 /sqft$10,137 /mo all-in ↓

2904 PALMA LANE, NEW SMYRNA BEACH, FL, 32168

Active50 days on marketListed Jun 22, 2026MLS #NS1088556

Reduced $40KPrivate poolSingle Family ResidenceVENETIAN BAY PH 2 UT 1-THE ESTATES OF PORTOFINO

About this home

2904 PALMA LANE

Welcome to the exclusive gated Estates of Portofino within the Venetian Bay Golf Community in New Smyrna Beach, where refined Mediterranean-inspired coastal luxury meets resort-style living in this exceptional 5-bedroom, 4-bath estate designed for elevated comfort, privacy, and effortless entertaining. Constructed with timeless Mediterranean-style concrete block and stucco and topped with a classic tile roof, the home makes a striking architectural statement from the moment you arrive. A grand covered front porch entry with elegant double doors sets the tone for the sophistication within, upon entering the foyer opens to a formal dining room, an office with built in desk w/ bookshelves, Vaulted ceiling Overhead fans light set, multiple sun tunnels Open Living room to kitchen with breakfast bar and dining alcoves, French doors to the Exterior Family Room, while mature tropical landscaping and graceful palm trees frame the property with true Florida curb appeal. Inside, the residence offers a highly functional multigenerational layout with a fully equipped exterior private entrance separate in-law suite apartment, ideal for extended family, guests, or a private home office suite. The primary suite serves as a luxurious retreat featuring a spa-inspired en-suite bath, expansive custom walk-in closets, and a reinforced private safe room for added security and peace of mind. Throughout the home, all windows are fitted with plantation shutters, enhancing both elegance and energy efficiency while complementing the refined coastal aesthetic. Split Layout with 3 guest's bedrooms and 2 full baths. Designed for seamless indoor-outdoor living, the open-concept main living spaces flow into a dramatic outdoor entertainment environment. A secondary exterior living room with a fireplace and mounted flat-screen TV extends the living space outdoors, while also providing convenient access to a full pool bath directly from the lanai area. The chef-style kitchen and main living areas open to a covered outdoor retreat featuring electric privacy shutters and a fully appointed summer kitchen with built-in grill, refrigerator, and granite counter-height bar seating, perfect for upscale entertaining. The resort-style backyard is anchored by a seasonal heated pool with spa, cascading waterfall feature, and custom fire feature, creating a private oasis designed for year-round enjoyment. Electric storm shutters provide added protection, security, and convenience throughout the home. The private in-law apartment offers exceptional independence with its own kitchenette, refrigerator, washer/dryer hookup, full bath, sitting area, and queen-sized bedroom space, with sliding glass doors opening directly to the covered pool lanai for effortless indoor-outdoor flow. A spacious 3-car garage completes this exceptional estate, providing ample storage and functionality. Perfectly located just minutes from the Atlantic Ocean pristine beaches, the Intracoastal Waterway, shopping, dining, and historic Flagler Avenue and Canal Street walking downtowns, this residence delivers the ultimate blend of Mediterranean elegance, modern luxury, and coastal Florida lifestyle in one of New Smyrna Beach’s most desirable gated golf communities. Venetian Bay is a golf cart community access to Venetian Bay Golf course, club house dining and the Town center restaurants, bistros, shops, spa, tiki bar beach pool dining

Facts & features

The home at a glance

5

Bedrooms

4

Bathrooms

3,172

Sqft

0.49 ac

Lot size

3

Garage

2015

Year built

One

Levels

$469

Per sqft

Private poolFireplace

Inside

FlooringCarpet · Porcelain Tile
AppliancesDishwasher · Disposal · Microwave · Range · Refrigerator · Water Filtration System
InteriorCeiling Fan(s) · High Ceilings · Kitchen/Family Room Combo · Primary Bedroom Main Floor · Solid Surface Counters · Split Bedroom · Thermostat · Vaulted Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryElectric Dryer Hookup · Inside · Laundry Room · Washer Hookup
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
FacesNortheast
ExteriorFire Pit · French Doors · Garden · Hurricane Shutters · Irrigation System · Lighting · Outdoor Grill · Outdoor Kitchen · Private Entrance · Private Yard · Rain Gutters · Shade Shutter(s) · Sidewalk · Sliding Doors

Community & fees

HOA fee$183/mo
Taxes (2025)$14,477/yr
PetsCats OK, Dogs OK

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Phone Available · Propane · Sewer Connected · Sprinkler Recycled · Street Lights · Underground Utilities · Water Connected
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$10,137 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$8,029
PMI (est., until 20% equity)$558
Property tax — 2025 actual bill$1,206
HOA fee — from the listing$183
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $148,800Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $148,800
Interest rate6.00%
Loan term

Estimated payment

$10,137/mo

Principal & interest$8,029
PMI (est., until 20% equity)$558
Property taxes (actual bill)$1,206
HOA / condo fee$183
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs New Smyrna Beach actives

$469 vs $368

Days on market

50 vs 68 typical

Where $469/sqft sits among the 400 New Smyrna Beach actives

158
83
80 · this home
34
18
27
$178–302$302–426$426–550$550–674$674–798$798+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside North Village

Map of 2904 PALMA LANE inside its neighborhood boundary

Drive times from this address

Downtown Orlando57 min
Universal Orlando69 min
Orlando Int’l Airport (MCO)75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know New Smyrna Beach. See the full New Smyrna Beach guide →

North Village — neighborhood snapshot

Population

4,380

Median age

57

Median income

$97,768

Median home value

$445,000

Avg household

2

Households w/ children

314

For the school run

Volusia County School District

ElementaryChisholm Elementary School★★★★
HighNew Smyrna Beach High School★★★★★
MiddleNew Smyrna Beach Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The New Smyrna Beach market

Seller’s marketBalanced5.2 months of inventoryBuyer’s market

$448K$445K

New Smyrna Beach median sold, yr/yr

95.6%

Sale-to-list ratio (12 mo)

206 of 400

New Smyrna Beach actives have cut their price

Median sold price, New Smyrna Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 297% above the NEW SMYRNA BEACH 32168 median. See the full New Smyrna Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,488,000 $40K
Jun 22, 2026Listed at $1,528,000 · 50 days on market since
2015Built · VENETIAN BAY PH 2 UT 1-THE ESTATES OF PORTOFINO

Reality check

What actually sold near 2904 PALMA LANE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

120 VENETIAN PALMS BOULEVARDSold · Jan ’26

$494,990

120 VENETIAN PALMS BOULEVARD

4 bd · 3 ba · 3,170 sqft · $156/sqft · 99 DOM

327 TOSCA STREETSold · Oct ’25

$480,000

327 TOSCA STREET

4 bd · 2.5 ba · 3,181 sqft · $151/sqft · 0 DOM

3194 TIGER PALM WAYSold · Mar ’26

$548,050

3194 TIGER PALM WAY

4 bd · 3.5 ba · 3,136 sqft · $175/sqft · 71 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 2904 PALMA LANE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 2904 PALMA LANE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

2904 PALMA LANE FAQs

What would the monthly payment be for 2904 PALMA LANE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,137/mo — principal and interest, the actual property-tax bill, the $183/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 2904 PALMA LANE?+

The association fee works out to $183 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 2904 PALMA LANE?+

The most recent tax bill on record (2025) was $14,477. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 2904 PALMA LANE?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in New Smyrna Beach?+

At $1,488,000, this home is listed about 189% above the New Smyrna Beach median of $515,350. The market section on this page shows how the area is trending.

Which schools are assigned to 2904 PALMA LANE?+

Chisholm Elementary School (elementary), New Smyrna Beach High School (high), New Smyrna Beach Middle School (middle) — Volusia County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$1,488,000 runs 297% above the NEW SMYRNA BEACH 32168 median — but at 3,172 sqft it's also nearly twice the size of the typical New Smyrna Beach listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Strong assigned schools

Chisholm Elementary School, New Smyrna Beach High School, New Smyrna Beach Middle School — Chisholm Elementary School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $1,528,000, now $1,488,000 — a $40K cut. The full history is in the market section below.

Listing courtesy of BEACHSIDE REALTY OF VOLUSIA · Lori Schmerler, Pa. MLS #NS1088556.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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