There are about 20 homes being built in Palmeira. Yes, it is new and maybe 12 homes are currently built. It is a new sub-division in Seagrove, located on the north side of 30A, and right next to Cacoon's, just across the street from One Seagrove Beach, the tall tower in Seagrove. House are big, lots are small, and the beach is practically across the street. Beach access is almost straight across. Some homes have splash pools. Nicely finished houses, just not particular style, but I'm not your average guy and this will be a rental for you. Gulf views may be more glimers or distant, unless you are in the southern-most home. In short, Palmeria is in the heart of Seagrove, and there is plenty to do in that area, without getting in your car. The homes are nice. I've been in most of them, and my brother has built a few of them.