Learn more about Palmetto Bay
The Village of Palmetto Bay is ideally situated on the shores of Biscayne Bay and blends old Florida charm with urban elegance. Its beautiful surroundings provide a wide variety of recreational opportunities, water sports and an extensive park system. Known for community involvement, attention to environmental concerns and strong business growth in both the public and private sectors, Palmetto Bay is a rapidly growing community that has earned its place among Miami’s most sought-after places to live and work.
Similar in nature to Pinecrest, Palmetto Bay is known for its large, single-family homes. Eighty-five percent of residents in Palmetto Bay own their homes with the average price of a home coming in at $489,600. Rental units bring in an average of $1,275. Known for its top-rated schools, low crime rate and family-friendly initiative, Palmetto Bay has been recognized as a first-choice community for raising families, a designation that the village is proud to hold.
Want the full market report for Palmetto Bay?
We want to ensure that you have all the information needed to make the best decisions when it comes to your home goals. When you enter your info below you will get instant access to the area's latest market report, complete with sales and demographic trends.