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Palmetto Estates

Palmetto Estates

Suburban Neighborhood in Miami, Florida

Miami/Dade County 33157, 33177

$574,342 Average Value
$372 Average Price per Sq Ft
21 Homes For Sale

Miami homes close to a variety of amenities

Developed in the 1960s and ‘70s, the Palmetto Estates neighborhood is a haven of homes outside of downtown Miami. The area offers a wide variety of customized ranch-style homes along neatly ordered streets with large lots and sidewalks. Homes have quick access to busy local roads, making both dining and shopping only a couple of miles away. Locals also have schools and parks in the neighborhood, so both learning and fun are within reach. The area also is home to multiple attractions, ranging from museums to zoos and golf courses, so residents always have options for weekend fun. With so much to do just minutes from serene homes, it is no wonder why “people who buy in Palmetto Estates stay for a lifetime,” says Francis Lewis, a Miami native and the office manager at RE/MAX Advance Realty II. “If they leave, they’re doing so to downsize or deal with a life event, like a family member passing away. It’s an incredibly stable community.”

Live with reasonable neighbors at Palmetto Estates, FL.
Live with reasonable neighbors at Palmetto Estates, FL.
Palmetto Estates, FL, is a place of quiet living.
Palmetto Estates, FL, is a place of quiet living.
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A neighborhood full of customized ranchers

With winding roadways, decorative palms and manicured lawns, Palmetto Estates is a haven of suburban living right next to downtown Miami. Most homes are single-story ranch styles, with three to five bedrooms being most common. The area offers many options depending on how much TLC residents are willing to put into a property—from fixer-uppers starting around $250,000 to fully remodeled pool homes or coveted lakefront homes that fetch around $700,000. Two-bedroom condos are also available by the zoo and can sell between $200,000 and $350,000. “This is not a cookie-cutter neighborhood,” Lewis says. “No two homes look alike. Residents enjoy putting their own touches on things, which makes for surprises here and there.”

Homes in Palmetto Estates, FL, are well-maintained and spacious.
Homes in Palmetto Estates, FL, are well-maintained and spacious.
Cozy ranch-style homes in Palmetto Estates, FL are perfect for long-term residents.
Cozy ranch-style homes in Palmetto Estates, FL are perfect for long-term residents.
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Colonial Drive Park and golfing options

Colonial Drive Park is a popular greenspace that offers sun-shielded slides and jungle gyms, multiple tennis and basketball courts and a large multi-use field perfect for baseball or soccer games. On the neighborhood’s northeastern corner, locals can also make use of Palmetto Golf Course, an 18-hole course sporting a serpentine stream running through the greenery, making it both attractive and challenging for residents and visitors. Younger players and families can also make use of the Palmetto Mini Golf course, also available on the compound.

Enjoy playtime at the Colonial Drive Park playground in Palmetto Estates.
Enjoy playtime at the Colonial Drive Park playground in Palmetto Estates.
Enjoy a good swing any time of the year at Palmetto Golf Course in Palmetto Estates, FL.
Enjoy a good swing any time of the year at Palmetto Golf Course in Palmetto Estates, FL.
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Zoo Miami and Gold Coast Railroad Museum

“Another draw is that Palmetto Estates is close to all the major Miami destinations,” Lewis says. One such destination is Zoo Miami, offering residents and visitors alike a day of fun with more than 2,500 animals representing close to 400 different species that can be seen on foot or on a tram. Just north of the zoo is the Gold Coast Railroad Museum, home to over 40 historic rail cars, including the Presidential Rail Car “Ferdinand Magellan,” which was the President’s personal railcar from 1943 until 1958.

Zoo Miami Farmer's Market is the place to be every first Saturday of the month.
Zoo Miami Farmer's Market is the place to be every first Saturday of the month.
Spend a fun afternoon at Zoo Miami in Palmetto Estates, FL.
Spend a fun afternoon at Zoo Miami in Palmetto Estates, FL.
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Short commutes and magnet schools

Local students can begin their education in the neighborhood at Colonial Drive Elementary School, which earns a B-minus rating from Niche. They can then move on to Richmond Heights Middle School, which earns a C-plus rating, before finishing up at the B-rated Miami Southridge Senior High School. The high school is a popular magnet school, offering students a variety of programs and academies for college or career paths, from game design to criminal justice.

Colonial Drive Elementary School is a proud school with great educational programs for students.
Colonial Drive Elementary School is a proud school with great educational programs for students.
Richmond Heights Middle School takes students on various trips to expand their education.
Richmond Heights Middle School takes students on various trips to expand their education.
Miami Southridge Senior High School has some of the best college prep courses.
Miami Southridge Senior High School has some of the best college prep courses.
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Palmetto Estates breakfast options abound

For dining options, many locals often think of the breakfast and lunch options nearby. Walter's Coffee Shop has been serving the community for over 59 years and is especially popular for its breakfast menu. Just up the street, locals can head to Lots of Lox Deli, another popular breakfast and brunch spot that is well-known for its omelets and bagels. Residents can head to Colonial Plaza where there’s a Publix, or drive about a mile west on 152nd Street for the closest Walmart. Additional shopping is found by heading north on the highway, where residents can be at one of the 185 stores in the indoor Dadeland Mall just 6 miles away or enjoy open-air shopping at The Falls 3 miles away.

Locals of Palmetto Estates, FL, love to go to Walter's Coffee Shop for breakfast.
Locals of Palmetto Estates, FL, love to go to Walter's Coffee Shop for breakfast.
Have a fabulous brunch at Lots of Lox Deli while living in Palmetto Estates, FL.
Have a fabulous brunch at Lots of Lox Deli while living in Palmetto Estates, FL.
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Popular Miami thoroughfares

Palmetto Estates residents are never far from anything in the greater Miami area, with Ronald Reagan Turnpike to the west and U.S. 1, which connects to the Palmetto Expressway to the east, making residents only a 15-mile drive from Brickell and only 30 miles from Key Largo. For trips outside of Florida, Miami International Airport is 19 miles north of the neighborhood. Jackson South Medical Center is just north of the neighborhood for medical care and specializes in a variety of fields, from maternity care to cardiology.

Palmetto Estates, FL residents use Ronald Reagan Turnpike to commute to work.
Palmetto Estates, FL residents use Ronald Reagan Turnpike to commute to work.
Locals of Palmetto Estates use US-1 for local shops and eateries.
Locals of Palmetto Estates use US-1 for local shops and eateries.
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Agents Specializing in this Area

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Schools

Source:
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

Interested in learning more about homes in this area? Reach out to Osmany Garcia, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Miami International

28 min drive

Bus

SW 124 Av & Gold Coast Rr Muse

Bus

SW 168 St & SW 104 Av

Bus

SW 184 St & SW 129 Av

Bus

SW 168 St & SW 105 Av

Bus

SW 168 St & SW 109 Av

Bus

Fairway Heights Bd & SW 106 Av

Bus

SW 112 Av & SW 156 St

Crime and Safety

1 - Low Crime, 10 - High Crime Palmetto Estates US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 2 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$595,000
Median Single Family Price
$602,500
Median 2 Bedroom Price
$224,999
Average Price Per Sq Ft
$372
Number of Homes for Sale
21
Last 12 months Home Sales
91
Months of Supply
2.80
Median List Price
$610,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
4,269
Median Year Built
1973
Avg. Single Family Home Size Sq Ft
1,679
Below the national average
1,935
Average Townhouse Size Sq Ft
1,646
Average 2 Bedroom Size Sq Ft
899
Average 1 Bedroom Size Sq Ft
753
Median Lot Size Sq Ft
8,276

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Osmany Garcia, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
16,317
Median Age
44
Population Density
5 ppl/acre
Population under 18
17.9%
Below the national average
23.8%
Population over 65
18.6%
On par with the national average
19.1%

Finances

Median Household Income
$68,803
On par with the national average
$71,702
Average Household Income
$83,875

Education and Workforce

High School Graduates
86.7%
College Graduates
22.8%
Below the national average
34.1%
Advanced Degrees
5.9%
Below the national average
13.3%
% Population in Labor Force
59.5%

Weather

Annual Precipitation
61''
Average Winter Low Temperature
55°F
Average Summer High Temperature
91°F
Annual Snowfall
9''

Area Factors

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

12 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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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.
NEIGHBORHOOD
Palmetto Estates
Osmany Garcia
Omega Realty Group LLC
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