neighborhoods

Welcome to Palmetto Bay

The Village of Palmetto Bay is a family-friendly suburban neighborhood nestled in south Miami-Dade. The area is renowned for its abundance of parks and recreational facilities, making it an ideal place for families and outdoor enthusiasts. Moreover, Palmetto Bay is popular for its homes that sit on large lots, providing ample space for residents. The village is also home to historic attractions like the Deering Estate and Thalatta Estate, adding a touch of historical charm to the area. With its blend of family-oriented amenities, expansive homes, and historical significance, the Village of Palmetto Bay truly stands out as a gem in Miami.

Market Snapshot

(As of March 31, 2024)

$1.27 Million

Median List Price


$1.23 Million

Median Sales Price


24.1%

Percentage of Cash Sales


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ESTIMATED AVERAGE HOME VALUE

$1.13 Million

(As of March 31, 2024)

1.36%

Change Over
Last Month

1.15%

Change Over
Last 3 Months

11.3%

Change Over
Last 12 Months

35.2%

Change Over
Last 24 Months

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