Palmetto Bay
The Village of Parks
Photo: Elisa.rolle · CC BY-SA 4.0
Palmetto Bay real estate right now
Homes sold in the last 90 days · updated daily from the MLS
Houses & townhomes
Condos
Median sale price, last 12 months
Months with fewer than 5 sales are left out.
Source: Miami MLS (Miami Association of REALTORS®). Numbers include houses, townhomes and condos sold in Palmetto Bay; they are not a valuation of any home.
Palmetto Bay listings
Listings are loading or temporarily unavailable. Search Palmetto Bay homes.
Opens our PropertIQ home search. Its count includes homes under contract; the numbers on this page count only homes for sale now.
Where Palmetto Bay is
Outline from OpenStreetMap. Pins show homes for sale; click one for details.
Search homes on the mapParks and quiet streets near the bay
Palmetto Bay is a village along Biscayne Bay south of Pinecrest, with mostly single-family homes on generous lots and several large parks.
Coral Reef Park is a local favorite for walking and sports, and Thalatta Estate Park and the Deering Estate sit on the water, with bay views and trails.
Good to know: Check the property's flood designation, elevation and insurance options early in your search.
What this page covers: Numbers and listings cover homes with a Palmetto Bay address in the MLS.
- About 12 mito Miami International Airport
- About 13 mito Downtown Miami
- About 13 mito Brightline MiamiCentral
Straight-line distances from the center of Palmetto Bay.
Parks and places in Palmetto Bay
- Deering EstatePark
- Coral Reef ParkPark
- Palmetto Bay ParkPark
- Bill Sadowski ParkPark
Public parks and places inside the area. Check hours and fees before you go.
A look around
Public schools in Palmetto Bay
Public and charter schools located inside the area, with each school's grade from the Florida Department of Education.
| School | Type | Grades | Students | State grade |
|---|---|---|---|---|
| Elementary | ||||
| Coral Reef Elementary7955 SW 152nd St | Public | PK–5 | 696 | A |
| Dr. Henry E. Perrine Academy of the Arts8851 SW 168th St | Public | PK–5 | 513 | A |
| Howard Drive Elementary7750 SW 136th St | Public | PK–5 | 341 | A |
| Middle | ||||
| Southwood Middle16301 SW 80th Ave | Public | 6–8 | 1,063 | A |
School assignment depends on the exact address. Confirm which schools serve a specific home with Miami-Dade County Public Schools. Charter schools enroll by application. Sources: Florida Department of Education school grades 2025–26; U.S. Department of Education (NCES) school directory, 2024-25.
How much of Palmetto Bay is in a high-risk flood zone
of the land in Palmetto Bay is in a FEMA high-risk flood zone. Homes in these zones with a federally backed mortgage need flood insurance.
- 50.8%Zone AE: high risk, with a set flood elevation
- 3.3%Zone VE: high risk along the coast, with waves
- 45.9%Moderate or low risk zones
Land only; lakes, bays and canals are left out. A home can be in a different zone than its neighbors, and flooding happens outside high-risk zones too, so check the specific property. Source: FEMA National Flood Hazard Layer.
Larger condo buildings in Palmetto Bay
| Building | Year built | Units | Sales, 12 months | Median price |
|---|---|---|---|---|
| 17255 SW 95 Ave | 1971 | 166 | ||
| 14500 SW 88 Ave | 1969 | 89 | ||
| 8701 SW 141 St | 1968 | 88 | ||
| 6200 SW 152 St | 1983 | 49 |
Buildings with 30 or more units, largest first. Before buying a condo, ask for the association's budget, reserves and milestone inspection reports. Sources: Florida Department of Revenue property records; Miami MLS.
Buying in Palmetto Bay
What are property taxes like in Palmetto Bay?
Taxes depend on the home's assessed value and the local tax rate. Our payment calculator uses the current Palmetto Bay rate, and with an address it uses that home's actual tax bill. A buyer's bill can be higher than the current owner's.
Do I need flood insurance in Palmetto Bay?
It depends on the flood zone of the exact home. Lenders require flood insurance in high-risk zones. Enter the address in our payment calculator to see its FEMA flood zone and an insurance estimate.
How do I find out what a home in Palmetto Bay is worth?
Start with our free home value estimate, then ask one of our agents for a full market analysis with recent nearby sales.
Thinking about Palmetto Bay?
Tell us what you're looking for and one of our agents will reach out, in English or Spanish.
