$1,202,874Average Value$503Average Price per Sq Ft2Homes For Sale
A more accessible slice of South Florida suburbia
A spacious green lawn on a quiet South Florida block doesn’t have to empty the bank in Palmetto Bay. This village, about 15 miles south of Miami, offers a tranquil suburban escape from the city, with a plentitude of popular green spaces to enjoy, while maintaining connectivity to the region’s wide-ranging attractions. And it comes at a lower price point than the neighboring village of Pinecrest. “The biggest draw is, in my opinion, you’re going to find larger lots, bigger properties, for more of an affordable price than Pinecrest,” says local Realtor Gustavo Pacheco of eXp Realty.
Come home to Palmetto Bay, FL.
Have a pool day while living in Palmetto Bay, FL
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Variety with quality
Palmetto Bay is primarily residential, so its network of streets is packed with a diverse array of houses. “They are older homes,” says Pacheco, who was raised in Miami. “But you do find people tearing down houses and building from scratch or people finding lots and building homes. But it’s very rare.” Options here date back to the mid-20th century and ranch-style and Mediterranean architecture is common. There is also a wide selection of multistory new traditional and contemporary. Single-family homes in Palmetto Bay come with price tags that range from the $500,000s to more than $2 million. The area is made up mostly of single-family houses, but there are condos and townhomes as well. Prices for these vary widely, with condos running between $100,000 and $200,000 and townhomes starting in the $300,000s and quickly racing past the $1 million mark.
Residents of Palmetto Bay, FL, have choices of types of homes.
Wake up in your slice of paradise in your new modern-style home in Palmetto Bay, FL.
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Palmetto Bay-area schools are on point
Miami-Dade Public Schools system serves Palmetto Bay. The district, which has a B-plus grade on Niche, allows students and their families to apply for the campuses of their choice. Where they can go depends on where they live, but options include the A-minus-rated Howard Drive Elementary, which has an active PTA and an impressive range of events, including movie night and a spring family dance. Palmetto Middle, rated an A-minus, offers a forensic science academy and the A-plus-rated Miami Palmetto Senior High offers students the chance to continue exploring forensics through the Forensic Investigative Academy.
Howard Drive Elementary School in Miami, FL has a great diversity of students.
Palmetto Middle School is great for academically driven students.
Miami Palmetto Senior High School is bright white with palm trees throughout campus.
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“Village of Parks” means plenty of outdoor fun
Palmetto Bay has invested so much into its recreation facilities that the area is nicknamed the “Village of Parks.” The village’s parks are its pride and joy, and the municipality is working on adding more, including one named Veterans Park and another dubbed Tanglewood Linear Park. Existing spaces, like Coral Reef Park, already have a sterling reputation, popular for its tennis courts and exercise stations. There’s even an on-site food stand, Parkside Café, with everything from cheeseburgers to ice cream. Locals can also take advantage of the village’s location by the Biscayne Bay at spots like Deering Point Park, where they can venture out into the water thanks to the available kayak and paddleboard rentals.
Play a game of volleyball at Coral Reef Park in Palmetto Bay, FL.
One can rent padding boards at Deering Point Park in Palmetto Bay, FL.
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Amenities aren’t hard to find
Residents are only a short drive from their pick of retail and dining options, many of them on U.S. Route 1. Colonial Palms Plaza, for instance, includes Five Below, PetSmart, Party City, and a combined Marshalls and HomeGoods. There are also a couple of well-liked restaurants in the plaza, like Caffe Portofino, which is popular in part for its pear ravioli. Babe’s Meat & Counter, down the road, is renowned for its burgers. Route 1 features a Publix and an ALDI as well, convenient for groceries. And those looking for more shopping have The Falls, an almost 840,000-square-foot mall across from Colonial Palms Plaza. “It’s a really nice outdoor mall,” Pacheco says.
Find what you need on Route 1 near Palmetto Bay, FL.
Make a trip with Metrobus
The village has myriad stops in Miami-Dade County’s Metrobus network. The Metrobus system features around 1,000 buses and almost 100 routes around the region. Drivers in the area can use Route 1 as a link to Miami to the north. Route 1 also connects to Interstate 95, which can be used to reach the rest of the South Florida area.
Reliable public transportation is available in and around Palmetto Bay, FL.
Community collaboration is common
Residents come together for multiple periodic and annual events over the course of the year. There’s a farmers market at Coral Reef Park every Saturday, and yoga classes by the Biscayne Bay on Sundays at Thalatta Estate Park. The village also hosts a camping in the park and movie night event at Coral Reef Park in February and an annual picnic there in March, with food, rides, music and games.
Join the local bird-watchers club and be part of the community in South Miami, FL.
Visit the weekly farmers market in Coral Reef Park while living in Palmetto Bay, FL.
Deering Point Park is a great place to fish and spend a great day with family and friends.
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Written By
Jessica Haddad
Interested in learning more about homes in this area?
Reach out to
Nancy Batchelor,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Palmetto Bay, FL sell after 53 days on the market compared to the national average of 70 days. The median sale price for homes in Palmetto Bay, FL over the last 12 months is $1,430,000, down 2% from the median home sale price over the previous 12 months.
Opportunity knocks! This large 4-bedroom, 3-bathroom home sits on a generous half-acre lot in one of Palmetto Bay’s most sought-after neighborhoods within a great school district. Featuring a pool, expansive yard space, and a new roof, this property is brimming with potential.Inside, the home offers a versatile layout with generously sized bedrooms, a split floor plan, and plenty of natural
Beautiful 4-bedroom home in Cape Cutler Estates, Palmetto Bay, listed at $2.3M and set on a lush 1/3-acre lot. Features include 15-ft ceilings, 8-ft doors, and a spacious layout ideal for family living. The chef’s kitchen offers custom wood cabinets, granite countertops, a center island, and new stainless steel appliances, opening to a large family room. Enjoy outdoor living with a heated pool
Opportunity knocks! This large 4-bedroom, 3-bathroom home sits on a generous half-acre lot in one of Palmetto Bay’s most sought-after neighborhoods within a great school district. Featuring a pool, expansive yard space, and a new roof, this property is brimming with potential.Inside, the home offers a versatile layout with generously sized bedrooms, a split floor plan, and plenty of natural
Beautiful 4-bedroom home in Cape Cutler Estates, Palmetto Bay, listed at $2.3M and set on a lush 1/3-acre lot. Features include 15-ft ceilings, 8-ft doors, and a spacious layout ideal for family living. The chef’s kitchen offers custom wood cabinets, granite countertops, a center island, and new stainless steel appliances, opening to a large family room. Enjoy outdoor living with a heated pool
Beautifully updated 1-bedroom, 1-bath condo on the first floor with a private balcony, located in a secure and well-maintained Palmetto Bay complex. This light-filled unit features sleek porcelain floors, impact windows and doors, and ample storage with large closet space. Enjoy resort-style amenities including a sparkling pool and lush landscaped grounds. Convenient laundry facilities are
Step into timeless elegance at this meticulously remodeled residence, where high design meets relaxed Florida living. Situated on a generous 15,000 sq. lot in one of Palmetto Bay's most exclusive enclaves, this home offers curated interiors, soaring vaulted ceilings, and bespoke finishes throughout. The chef's kitchen is a masterpiece crafted with sleek quartz countertops, custom cabinetry, and
Spacious 2-bedroom, 2-bathroom corner unit located on the second floor of Casa Granada, a peaceful garden-style condominium community featuring a lovely pool and just steps from S. Dixie Hwy. This bright and airy residence offers an unbeatable location near restaurants, public transportation, a supermarket, and more. A fantastic opportunity to enjoy comfort and convenience in the heart of the
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
