$1,270,082Average Value$524Average Price per Sq Ft94Homes 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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Find what you need on Route 1 near Palmetto Bay, FL.
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.
Reliable public transportation is available in and around 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.
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
Bianca Guevara,
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 91 days on the market compared to the national average of 55 days. The median sale price for homes in Palmetto Bay, FL over the last 12 months is $1,134,000, up 3% from the median home sale price over the previous 12 months.
Spacious North Palmetto Bay Home with Pool & Flexible Living Space! Welcome to this beautifully situated 4-bedroom, 3-bath residence offering approximately 3,000 SF of living space on an expansive 15,000 SF lot. Designed for comfortable family living and entertaining, the home features generous living areas, a private pool, and plenty of outdoor space to enjoy the South Florida lifestyle. The
Boater's Paradise in Guard-Gated Kings Bay — Coral GablesWelcome to 6561 Marlin Dr, an updated and completely renovated in 2019 4BD/4BA residence offering 2,504 sq ft on a generous 0.37-acre lot within the exclusive, guard-gated waterfront community of Kings Bay. This sought-after enclave offers residents private marina access and a complimentary boat ramp — a true boater's dream. Dock your
Welcome to this spacious 3-bedroom, 2-bathroom with 2042 sqft on large lot in Palmetto Bay. This pool home features numerous updates and desirable upgrades throughout. Both bathrooms were beautifully updated in 2022, while the 2022 A/C and 2023 roof provide added peace of mind. The home also features impact doors and windows also installed with plantation shutters. Step outside to enjoy your
Beautifully updated 4-bedroom, 3-bath home in the heart of Kendall with a versatile converted garage, perfect for a home office, gym, playroom, or guest space. This move-in-ready property features sleek wood cabinetry, granite countertops, white porcelain tile flooring throughout, and impact windows for added safety and energy efficiency.Step outside to your private backyard oasis
Spacious family estate home featuring 7 bedrooms and 7 bathrooms on a 1.25 acre lot (54,450 square feet) in the highly sought after quiet Palmetto Bay neighborhood. Conveniently located near top schools and retail centers. The home was remodeled in 2016 with all concrete construction and is situated in Flood Zone X for added peace of mind. Located on a one lane, very private street, this gated
Welcome to an exceptional residence in the heart of Palmetto Bay. Meticulously reimagined with a sophisticated contemporary aesthetic, this impressive 6-bedroom, 4-bathroom home offers a beautiful balance of modern elegance, generous proportions, and effortless South Florida living.Thoughtfully designed for both everyday comfort and entertaining, the residence features expansive living spaces,
Welcome home to this exceptional 4-bedroom, 3-bathroom retreat in the heart of Palmetto Bay. Move-in ready and thoughtfully upgraded, this residence has everything you've been searching for. Impact windows and doors, a sleek modern kitchen with newer appliances, beautifully renovated bathrooms, and a freshly resurfaced pool and spa mean the hard work is already done — all that's left is to move
PRICE IMPROVEMENT! This beautiful home is now offered at a new more attractive price.rare opportunity in Cutler Bay where space, privacy, and lifestyle come together on an expansive 0.39-acre lot.This well-maintained residence features a bright, open layout filled with natural light, creating a warm and inviting atmosphere for everyday living and effortless entertaining. Impact
New construction single-family residence located in Palmetto Bay, offering 5 bedrooms, 5 bathrooms, and a 2-car garage. This residence features a bright and spacious open-concept layout designed for modern living, including expansive living and dining areas and a contemporary kitchen with island. the primary suite offers a walk-in closet and en-suite bathroom. The property also includes a covered
Nestled on a quiet cul-de-sac on one of the largest lots in Palmetto Bay, this stunning tropical compound is an entertainer's dream, defined by premium modern updates and a spectacular outdoor oasis. The expansive backyard serves as your private resort, featuring a massive tiki hut perfect for alfresco dining, a sparkling freeform pool, and a sprawling lush lawn. This outdoor paradise is
Welcome to this spectacular, fully renovated 5-bedroom, 3.5 bath residence in the heart of desirable Palmetto Bay. Designed with impeccable attention to detail, this turnkey home features all-impact windows and doors, new plumbing, updated electrical, dual air-conditioning systems, and elegant designer finishes throughout. The gourmet chef's kitchen showcases premium Bosch appliances, quartz
Meticulously renovated split plan Palmetto Bay home by husband and wife architectural design team. Reimagined for modern living with open kitchen featuring marble 16' marble kitchen island that seats up to 7. Home features include impact windows and doors, 3 car garage, engineered oak wood floors, shell stone tile, large open kitchen concept with new SS appliances and volume ceilings, all PVC
Charlene Rey Private InvestorUnited Real Estate Miami
Walking distance to the renowned Palmer Trinity School and tucked away in a quiet residential neighborhood, this expansive 4-bedroom, 4-bath pool home sits on an oversized 19,200 SF lot in highly sought-after Palmetto Bay. Offering 3,768 SF of living space, this residence combines comfort, flexibility, and the South Florida lifestyle today's buyers are looking for. Step inside to a spacious great
2.28 Acre development opportunity east of US-1 next to Palmetto Bay in Cutler Bay. This site provides an exceptional setting for a new custom estate, with ample space for a detached guest house, resort-style pool and landscaped grounds. This opportunity, just off scenic Old Cutler Rd, offers endlesspotential build, develop, or enjoy as-is. See video of a rendering illustrating just one possible
1 bed and 1 bath + den unit nestled in Palmetto Bay in a safe non thru street on a lush half-acre lot adorned with thriving mango, avocado, and assorted fruit trees. This tranquil oasis offers a full kitchen complete with exquisite quartz countertops and bright white appliances. Additionally, there is convenient common area terrace, perfect for hosting delightful outdoor gatherings. Embrace the
Spacious 4-bedroom, 2-bath home located in the desirable Palmetto Estates area near the Palmetto Golf Course. The garage has been converted into an additional flex room with A/C and includes a washer & dryer. The property features a functional layout with generous living spaces, ample parking, and a great location close to major highways, shopping, dining, and schools. Quiet residential
When Leisure and luxury share the same address you have arrived home to Palmetto Station. Nestled in the heart of Palmetto Bay this impressive community is close to an array of unique restaurants and shops, along with premier entertainment. We have created unique one-bedroom, two-bedroom, and three-bedroom apartments homes with lavish features such as expansive floor plans with 9 to 12-foot
Elevated LivingDiscover a new level of comfort and convenience at The Addison in the highly sought-after Palmetto Bay area. This community offers a selection of two-, three-, and four-bedroom townhomes, all with a private two-car garage. Each residence is crafted with smart home technology, and some units are designed for multi-generational living. Ground-floor bedrooms are equipped with
Ascend into luxury apartment living at Vistas Palmetto Bay. Our five-story, 60-unit boutique community offers unique modern amenities and upscale finishes that feel as though every day is an exclusive vacation. Each unit features high ceilings, adding to the spacious and airy ambiance. You'll find modern European-style kitchen cabinetry, quartz countertops, stainless steel appliances,
Bay Village1 is ready to make your dream home come true with our beautifully designed Palmetto Bay apartments. Our wide variety of studio, one, two, and three-bedroom floor plans are complemented by modern amenities and an excellent location close to wherever you need to be. Each residence comes designed with features and fixtures that one expects in a luxury residence. From elegant,
Palmetto Golf Club Apartments are a Beautiful Tropical Paradise, convenient to the bus line, shopping, golf and restaurants. The apartments have central air, free hot water and laundry facilities on each floor. The grounds offer a pool, and beautiful gardens. Our courteous maintenance and managerial staff are on-site and available for 24-hour emergencies.Apartment amenities:Air
Beautiful home in a private community with a resort-style backyard filled with lush plants and a relaxing courtyard. Enjoy a six person sauna, plus two BBQ areas (gas and traditional), perfect for entertaining. The property also includes a separate outdoor room with a full bathroom—ideal for guests or a private workspace. A unique home designed for comfort, privacy, and outdoor living.
SPACIOUS 2/1.5 TOWNHOUSE IN PALMETTO BAY! Stainless Steel Appliances, Storage Loft, Washer/Dryer inside the unit, Large Pantry, Private Walled Patio. SPACIOUS BEDROOMS. LARGE MASTER OFFERS WALK IN CLOSET, VAULTED CEILINGS. A+ SCHOOL DISTRICT. QUIET NEIGHBORHOOD. CLOSE TO US1, THE FALLS, LIBRARY, HOSPITAL, PARKS.Owner pays for water. Renter pays for electric. 1 year lease, last month's rent
Discover your dream home in a brand-new building in North Miami Beach! This completely modern apartment offers generous space and abundant natural light. Featuring a sleek kitchen with an island, ample closet space, and luxury amenities like a bowling alley, a 24/7 gym, a pool, a BBQ area, and a stylish coworking space, this is upscale living at its finest. Special offers are currently available!
Deering Bay is one of the most refined residential communities in Miami County. Many homes and amenities are connected to the Deering Bay Yacht and Country Club, and residents living at Paradise Point enjoy access to a private marina. The neighborhood also offers quick access to stellar schools and a wide variety of shopping while still within a residential space. The area has seen a rise in popularity, with many homes purchased by locals and out-of-towners who want to be near a golf course. This is because “Deering Bay is one of the few country club communities in southern Miami,” according to Hazel Goldman, a Team Leader at RE/MAX Advance Realty who has served the southern Miami area for over 45 years.
This serene escape from the city offers an array of housing styles; many single-family Mediterranean and ranch-style homes can be found here. The community has various Italian-Mediterranean architectural-style residences, including townhouses, estate homes and five luxury condominium buildings. Residences in the area are a bit more expensive than other Miami homes, with three-bedroom condos going for 1.2 million dollars and larger 3,300 sq ft ranch-style homes fetching as much as 2.7 million dollars.
Students in the neighborhood will often start their education at Howard Drive Elementary School, which receives an A-minus rating on Niche. Palmetto Middle School also receives an A-minus rating and offers a forensic science academy to students. The A-plus-rated Miami Palmetto High School is home to over 2,600 students and many notable alumni, including Jeff Bezos, founder of Amazon.
Chapman Field Park is the largest park in the area and is fun for humans and dogs alike. The mile-long Chapman Trail offers space for a quiet, leisurely walk amid natural surroundings. The trail leads to the famous Chapman Trail Dog Park for locals with a canine companion. Dogs can run and play in this large, open area and then take a dip at the nearby Shoal Point, a secluded, dog-friendly beach. Visitors can find more nautical fun at the park’s kayak ramp. The park has also been undergoing renovations since 2021 and is working on the care and upkeep of its three baseball fields.
Residents living on the golf course can have access to recreation right outside their doors at Deering Bay Yacht & Country Club. The club offers a 71-par Arnold Palmer-designed golf course that is considered attractive for onlookers and challenging for players. The club also features seven lighted tennis courts, a marina, a full-sized Olympic pool and a clubhouse with a fitness center. However, club membership is optional, with “only 20% of residents being part of the golf club,” according to Goldman, so the area is not just for athletes.
For a bite to eat, residents can head 5 miles to The Falls, an outdoor shopping mall on Pinecrest Parkway that offers many choices. Here, folks can opt for popular chains like Panera and Longhorn Steakhouse or local eateries such as Sokai Sushi Bar. Grocery shopping is available across the street from The Falls at The Fresh Market and Publix.
In the Deering Bay community, many locals travel by foot or golf cart to get to the clubhouse or cruise around the neighborhood. “The beautiful winding streets offer a pleasant sight, and there is even some wildlife on the roads to see, like local birds or peacocks,” Goldman says. To reach Coral Gables, South Miami and The Village of Pinecrest, many residents quickly drive through scenic streets, with Southwest 67th Avenue and Old Cutler Road being the main thoroughfares. Miami International Airport is a 17-mile drive away for locals looking to escape the Florida heat. Jackson South Medical Center, known for its neurosurgery and new maternity suites, is about a five-mile drive away.
The coastal waters of Deering Bay can be a risk to residents of the neighborhood. Around half the neighborhood can become flooded in the rainier season, which is May through October in southern Florida
Property Mix - Square Feet
Palmetto Bay Has More Owners
Rental Home Trends
Number of Homes for Rent
75
Median Rent
$2,800
Median Single Family Home Rent
$5,900
Median 4 Bedroom Single Family Home Rent
$6,500
Median Townhouse Rent
$3,316
Median 3 Bedroom Townhouse Rent
$3,200
Median Condo Rent
$2,000
Median 2 Bedroom Condo Rent
$2,200
Demographics
Total Population
23,179
Median Age
44
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%
Finances
Median Household Income
$124,051
Significantly above the national average
$79,597
Average Household Income
$155,553
Education and Workforce
High School Graduates
95.9%
College Graduates
57.4%
Above the national average
34.1%
Advanced Degrees
26.2%
Above the national average
13.3%
% Population in Labor Force
71%
Weather
Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Fairly bikeable
Bikeability®
50/ 100
Fairly walkable
Walkability®
40/ 100
Minimal public transit
Transit®
10/ 100
Source: Local Logic
Sources: Local Logic
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
