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
Carlos A. Rojas,
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 98 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 $1,100,000, up 1% from the median home sale price over the previous 12 months.
Welcome to your own slice of paradise in Palmetto Bay! This 4-bedroom, 2-bath beauty brings together modern style and laid-back tropical vibes from the moment you arrive. A tree-lined entry makes a great first impression, leading into a bright, open layout with sleek porcelain tile in the main areas and warm wood floors in the bedrooms. The updated kitchen, complete with a stylish breakfast bar,
Rare opportunity to purchase a move-in ready home in Palmetto Bay under $1M. Features include a 2023 flat tile concrete roof, 2021 impact doors and windows, tiled throughout, pool with safety fence, updated kitchen, granite counters, SS appliances, new refrigerator, new Washer/Dryer combo, updated bathrooms, new plantation shutters and blinds, one car garage, freezer, and much more. This home is
A fully remodeled luxury residence blending refined design with effortless indoor-outdoor living. Italian 24x36 cement tile floors run throughout, complemented by impact windows and doors, a metal roof, and upgraded PVC plumbing for lasting quality. The chef’s kitchen is anchored by an oversized island and professional Thermador appliances, creating a seamless setting for everyday living and
Mid-century modern 4BR/3BA + loft residence in Palmetto Bay, designed by architect Marc Firestone. Encompassing 4,362 total SF, this canal-front gem sits on a quiet cul-de-sac surrounded by majestic oaks and lush landscaping. The home embraces indoor-outdoor living with a central atrium. Vaulted wood-beamed ceilings, walls of glass, and natural light define the open spaces. A spiral staircase
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,
Largest lot on the market in Palmetto Bay! Rare opportunity to own a spectacular 0.71-acre vacant lot on high ground in coveted Pine Bay Estates South. Encompassing 30,928 square feet, this site offers the perfect canvas to build a custom dream home or pursue an investment project. Pine Bay Estates South is a beautifully maintained enclave of 60 properties in sought-after Palmetto Bay, ideally
All new Palmetto Bay House. Completely renovated.Oversized lot.French vanilla polished Marble floors,ivory travertine floor to ceiling bathrooms,impact glass, metal roof, all new lighting,GE appliances, custom wood cabinetry in the kitchen, quartz kitchen countertops, vinotemp wine cooler, 2 car garage with windows for natural light,, new electrical, new plumbing, new pool patio screen, new water
Light & bright, 4 bdrm/ 2 bath home on a lovely oak-studded lot in Palmetto Bay. Open living/dining/family room area with vaulted ceilings. Newly remodeled kitchen with white cabinetry, quartz countertops, center island with counter seating & pantry. Plus, a breakfast nook overlooking the pool. Oversized indoor laundry room, with plenty of space to use as an office or storage space. Spacious
Welcome to your own slice of paradise in Palmetto Bay! This 4-bedroom, 2-bath beauty brings together modern style and laid-back tropical vibes from the moment you arrive. A tree-lined entry makes a great first impression, leading into a bright, open layout with sleek porcelain tile in the main areas and warm wood floors in the bedrooms. The updated kitchen, complete with a stylish breakfast bar,
Investor special in highly desirable Palmetto Bay! This 3-bedroom, 2.5-bath townhome is a full renovation opportunity with exceptional upside. Located in one of South Miami-Dade’s most sought-after residential communities, Palmetto Bay is known for its strong sense of community, and proximity to top-rated schools, parks, and waterfront areas.Residents enjoy easy access to outdoor destinations
This is the one. Fully rebuilt 5BD/3BA on a rare estate-sized lot in Palmetto Bay. 2,696 SF, NO HOA, heated saltwater pool, and room for a pickleball court. New everything: electrical, plumbing, metal roof, 2 A/C units, water heater, concrete. All permitted. Zero deferred maintenance.The kitchen will sell this home. A one-of-a-kind oversized island with built-in storage, integrated wine
Modern farmhouse in North Palmetto Bay, set on a quiet tree-lined cul-de-sac. This 5BR/4BA home features vaulted ceilings, a split floor plan, and elegant porcelain and wood floors. The chef’s kitchen includes quartz countertops, a spacious island, premium appliances, and a 48” gas range. The primary suite offers a spa-like bath, walk-in closet, and private office. Outdoors, enjoy a fenced
Rare opportunity to purchase a move-in ready home in Palmetto Bay under $1M. Features include a 2023 flat tile concrete roof, 2021 impact doors and windows, tiled throughout, pool with safety fence, updated kitchen, granite counters, SS appliances, new refrigerator, new Washer/Dryer combo, updated bathrooms, new plantation shutters and blinds, one car garage, freezer, and much more. This home is
Welcome to Casa Bella! This Italian–inspired Mediterranean retreat in central Palmetto Bay is a serene resort-style paradise, sitting on a privately walled-and-gated, oversized 26,571 SF lot with an impressive wraparound driveway adding exceptional curb appeal. This beautiful home features 5 spacious bedrooms, 4 bathrooms, a brand-new barrel tile roof, and a 10-car motor court. It is also a fully
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
Welcome to this maintained home located in the heart of Palmetto Bay. This spacious residence offers an open layout with generous living areas, large windows, and a comfortable flow that’s perfect for everyday living and entertaining. The updated kitchen features ample cabinetry, modern appliances, and easy access to the family and dining spaces. The home includes well-sized bedrooms, updated
Move in Ready 2-bedroom rental located in the Hampton Bay community in Palmetto Bay. This gated community offers privacy, security, and a peaceful residential atmosphere. The home features a bright and comfortable layout with spacious bedrooms, an open living area, and plenty of natural light throughout. Enjoy the convenience of living in a well-maintained neighborhood close to top-rated schools,
This gorgeous home will impress you at every corner. Walk into vaulted ceilings and beautifully updated living spaces. Impact windows and French doors lead you out onto an incredible covered patio area and steps away from a separate gazebo lounge fully equipped with a summer kitchen. You will love spending your days at this incredible property offering an estate sized lot with plenty of room for
Wonderful opportunity to live in Palmetto Bay, just beyond Pinecrest! Casa Granada is a peaceful and well located community, walking distance to shops, groceries, parks and other places. Make this 1-bed, 1-bath, second-floor unit your new home! Laundry facility on site. Community has a pool, BBQ area and other amenities. Association application required.
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
1/1 unit at Casa Granada, a quiet garden condo community centrally located in Palmetto Bay. New kitchen with quartz countertops, remodeled bathroom and shower and laminate flooring throughout, ceiling fan and central air. Enjoy your peace while sitting in the large screened balcony. The community offers a pool and laundry facilities as well as outdoor sitting areas. If you want to live in a quiet
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
Hidden among the trees and incredible landscaping is a very warm and cozy ranch style home ready for you. Located on a dead end street gives you total privacy. The yard and area is a must see. Backs up to the Nature Preserve. Large open kitchen, living room/great room. Quartz counters, island, cabinets with multiple drawers and lots of space for a family of chefs. Separate dining area and a
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,
Beautiful home in a private community with a resort-style backyard filled with lush plants and a relaxing courtyard. Enjoy a 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.
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
66
Median Rent
$3,916
Median Single Family Home Rent
$6,225
Median 4 Bedroom Single Family Home Rent
$6,738
Median Townhouse Rent
$7,050
Median 3 Bedroom Townhouse Rent
$4,400
Median Condo Rent
$1,973
Median 2 Bedroom Condo Rent
$2,000
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
$79,601
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 friendly
Bike Score®®
50/ 100
Fairly friendly
Walk Score®®
40/ 100
Not friendly
Transit Score®®
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.
