Palmetto Bay is a village of about 24,000 residents in southern Miami-Dade County, incorporated in 2002. It lies south of Pinecrest and north of Cutler Bay, between US 1 and Biscayne Bay, with Old Cutler Road running through its eastern side.
The village is largely single family, with landscaped residential streets, larger lots toward the bay and a quieter pace than areas closer to downtown. Hurricane Andrew struck the area hard in 1992, and much of what stands today was rebuilt or built since.
Palmetto Bay Market Snapshot
Sold prices, January 1 to October 20, 2026, compared with the same period in 2025:
- Single family homes: average sold price of $519 per square foot, up 5.5%
- Condos and townhomes: average sold price of $410 per square foot, up 6.5%
Source: TrendGraphix. See the latest figures on our Palmetto Bay Market Update.
Where We Work in Palmetto Bay
- East of Old Cutler Road: larger lots and estate homes closer to Biscayne Bay
- Central Palmetto Bay: established single family streets with a mix of renovated and newer homes
- Near US 1: townhomes and homes with quicker access to shopping and commuting routes
Living in Palmetto Bay
- The Deering Estate on Old Cutler Road is a historic bayfront property that hosts cultural events and tours
- Thalatta Estate Park preserves a 1926 Mediterranean Revival home on the bay
- Old Cutler Road is one of the area's most scenic drives and cycling routes
- Public schools serving the village include Howard Drive Elementary, Palmetto Middle School and Miami Palmetto Senior High, and several private schools are nearby
Frequently Asked Questions
Is Palmetto Bay part of the City of Miami?
No. Palmetto Bay has been an incorporated village since 2002, with its own mayor and council.
What does a single family home in Palmetto Bay cost per square foot?
Year to date in 2026, single family homes sold for an average of $519 per square foot, up 5.5% from the same period in 2025.
What should buyers know about flood zones in Palmetto Bay?
Properties closer to Biscayne Bay are more likely to sit in higher risk flood zones, which affects insurance costs. We review flood zone designations and elevation information with buyers before they make an offer.
Who should I contact about buying or selling in Palmetto Bay?
Rua Realty's agents live and work throughout South Florida, led by broker Charlie Rua, who brings more than 20 years of experience and over Palmetto Bay00 million in sales. Call our office at 305.807.0121 and we'll connect you with the agent best suited to your search, or meet our team. Our office is at 333 Palermo Avenue, Coral Gables, FL 33134.
Listings Currently For Sale in Palmetto Bay
$1.75m
$679
Active
14421 SW 85th Ave
Palmetto Bay, FL 33158
4
Beds,
4
Baths,
3,028
square feet,
Discover refined living in Palmetto Bay: this exquisite 4-bedroom, 4-bath home features a brand-new gourmet kitchen, top-tier finishes, impact windows, and an open layout. Outside, enjoy a sleek driveway, a sparkling pool, and a massive 17, 000-square-foot lot offering an expansive backyard.
Residential
MLS# A12114397
Canvas Real Estate
$890,000
$496
Active
16455 SW 91st Ave
Palmetto Bay, FL 33157
4
Beds,
3
Baths,
1,824
square feet,
Beautiful ranch-style 4-bedroom, 3-bath home located in the highly sought-after, well-established community of Palmetto Bay. Situated on an oversized lot of approximately ½ acre, this spacious home features an open floor plan, Saltillo tile flooring throughout, newly remodeled bathrooms, and updated electrical. Enjoy a huge, covered patio and over size backyard with plenty of room for a pool—perfect for entertaining family and friends. The home also offers a large laundry room and additional indoor storage. The fourth bedroom provides excellent flexibility for a private mother-in-law suite, guest quarters, or home office. Conveniently located near major highways, excellent schools, shopping, dining, and parks. A wonderful opportunity to enjoy space, privacy, and the Palmetto Bay lifestyle!
Residential
MLS# A12113998
Miami Home Brokers Realty
$315,000
$315
Active
15900 SW 91st Ct
Palmetto Bay, FL 33157
2
Beds,
2
Baths,
1,001
square feet,
Welcome home to this charming 2-bedroom, 1.5-bath two-story townhome in Palmetto Bay! Offering 1, 001 square feet of comfortable living space, this home features soaring ceilings upstairs, large windows that bring in plenty of natural light, and a welcoming layout that feels bright and spacious. The kitchen has been updated with newer cabinets, countertops, and appliances, while additional improvements include updated flooring, remodeled bathrooms, fresh interior paint, and a roof replaced in 2022.
The spacious primary bedroom is located upstairs and features a walk-in closet, while accordion shutters upstairs provide added storm protection. Enjoy peaceful canal views and a quiet community atmosphere with friendly neighbors and access to highly regarded schools.
There are no traditional monthly HOA dues; however, the current monthly property fees total approximately $481 and include items such as insurance, flood insurance, water and sewer, lawn maintenance, and other community-related expenses. Conveniently located near shopping, dining, parks, schools, and major roadways, this Palmetto Bay home offers a wonderful combination of comfort, convenience, and value.
Residential
MLS# A12113541
Keller Williams Realty Premier Properties
$1.95m
$499
Active
6157 Paradise Point Dr
Palmetto Bay, FL 33157
4
Beds,
4
Baths,
3,494
square feet,
**WELCOME TO "COASTAL BLISS" – YOUR PRIVATE SLICE OF PARADISE!** Experience the ultimate coastal lifestyle in the prestigious, guard-gated Royal Harbour Yacht Club, a hidden gem nestled along Biscayne Bay with the charm of the Florida Keys! This beautifully appointed 4-bedroom, 3.5-bath corner townhome offers the perfect blend of luxury, comfort, & tropical elegance. Step inside to discover travertine floors throughout, updated kitchen, stainless steel, top of the line, Miele appliances, plantation shutters & upgraded lighting. Enjoy the convenience of a private elevator, impact-resistant windows, impact doors, and a spacious 2-car garage. The crown jewel? Your private rooftop terrace! Complete with a built-in BBQ, refrigerator, ice maker, & a spa, it's the perfect setting for sunset cocktails, entertaining under the stars, or simply enjoying the coastal breeze. Beyond your doorstep, indulge in a resort-style lifestyle featuring a private beach, heated pool & spa, clubhouse, fitness center, tennis/pickleball courts, full-service marina, & a scenic nature trail leading to Biscayne Bay. All within a secure, guard-gated waterfront community that feels like a year-round vacation! Boating enthusiasts, take note! A separate boat dock is available for purchase at an additional price. Larger than tax roll reflects. Move-in ready & waiting for you! At Coastal Bliss, you're not just buying a home—you're embracing a lifestyle where every day feels like a getaway!
Residential
MLS# A12112743
Bestway Realty Sales, LLC
$1.049m
$542
Active
8815 SW 160th St
Palmetto Bay, FL 33157
4
Beds,
2
Baths,
2,440
square feet,
Welcome to this beautiful 4-bedroom, 2-bath pool home in desirable Palmetto Bay, situated on an expansive 15, 096 sq. ft. lot! Designed for comfortable living and effortless entertaining, this home features a spacious open-concept layout that seamlessly connects the kitchen, dining, and living areas. The inviting kitchen boasts a large island with seating, perfect for gatherings with family and friends. Step outside to your own private backyard retreat, featuring a stunning oversized pool, expansive covered patio, and generous outdoor entertaining areas. Whether hosting weekend gatherings, enjoying poolside afternoons, or simply relaxing, this home offers the ultimate South Florida lifestyle. A wonderful opportunity to enjoy indoor-outdoor living in the heart of Palmetto Bay!
Residential
MLS# A12112355
CLE Realty
$1.7m
$698
Active
7277 SW 165th St
Palmetto Bay, FL 33157
3
Beds,
3
Baths,
2,953
square feet,
Experience the perfect blend of Modern Miami elegance and timeless Art Deco inspiration in this exceptional residence ideally located directly across from the historic Deering Estate. This beautifully designed home offers a rare combination of architectural style, privacy, and a premier South Miami location, just minutes from some of the city’s most prestigious private schools. Designed to maximize natural light, the home's expansive glass architecture creates bright, open living spaces that seamlessly connect the indoors with the outdoors. The residence features a sleek concrete driveway, beautifully maintained landscaping with mature fruit trees, and an automatic sprinkler system that keeps the lush grounds pristine year-round. Enjoy resort-style living with a spectacular heated/chilled pool featuring a built-in jacuzzi, providing the perfect retreat in every season. The expansive patio is designed for entertaining family and guests, offering an ideal setting for outdoor dining, gatherings, and memorable South Florida evenings. Energy-efficient solar panels enhance the home's sustainability while helping reduce energy costs. This meticulously maintained property combines modern design, luxurious outdoor living, and an unbeatable location near nature, top-rated schools, and Miami’s most desirable amenities—an exceptional opportunity to own a true Miami sanctuary.
Residential
MLS# A12068646
Cervera Real Estate Inc.
$210,000
$262
Active
17255 SW 95th Ave
Palmetto Bay, FL 33157
2
Beds,
1
Baths,
Discover the allure of this quaint 2 bedroom, 1 bath condo nestled in Palmetto Bay. Conveniently located near restaurants, shopping centers, and parks, this cozy retreat offers an ideal blend of comfort and convenience. Don't miss out on this opportunity to embrace the Palmetto Bay lifestyle! Newly Remodeled.
Residential
MLS# A12112008
Realty Hub
$779,000
$493
Active
9334 SW 171st Ter
Palmetto Bay, FL 33157
3
Beds,
2
Baths,
2,106
square feet,
Charming one story, 3-Bedroom, 2-bathroom home in highly rated Palmetto Bay. Beautifully refreshed home on a cul-de-sac in one of South Florida’s most desirable school areas with excellent A+ schools nearby. Freshly painted interior and exterior with bright, airy living spaces with natural light. Spacious living and dining rooms feature vaulted beamed ceilings that enhance the open feel, while the kitchen flows into a charming breakfast room. Spacious laundry room. The large primary bedroom has an updated bathroom with a beautiful tiled shower, and a walk-in closet. The second bathroom was recently renovated with a spa-inspired design featuring a luxurious deep soaking tub. The 8, 327 sq ft lot includes a large backyard with privacy hedges, screened-in patio, and sprinkler system. Ring doorbell and security cameras installed throughout the exterior, with a Tesla charger for electric vehicle owners. Conveniently located near schools, Black Point Marina, shopping, and expressways. This move-in ready home offers modern updates in an established community.
Residential
MLS# A12110088
Phantom Real Estate
$994,900
$474
Active
15060 SW 80th Ave
Palmetto Bay, FL 33158
4
Beds,
3
Baths,
3,174
square feet,
Spacious 4-bedroom, 3-bathroom home offering approximately 2, 099 sq. ft. of living space on a generous 15, 000 sq. ft. corner lot. Features a private pool, patio, and ample outdoor space for entertaining and relaxation. Conveniently located in the desirable Palmetto Bay, near shopping, dining, parks, and major roadways. Great opportunity to make this property your own! Photos have been virtually enhanced. Occupied property, inspections not available - sold as-is. No for sale sign. Contact with occupants is prohibited.
Residential
MLS# A12111339
NuFront International Realty
$380,000
$263
Active
16244 SW 92nd Ave
Palmetto Bay, FL 33157
2
Beds,
3
Baths,
1,445
square feet,
Welcome to Banyan Gardens, a charming and intimate community of just 24 two-story, townhouse-style condominiums beautifully arranged around a lushly landscaped swimming pool. This spacious 2-bedroom, 2.5-bath residence offers the comfort and feel of a townhome with the convenience of condominium living. The updated kitchen features quartz countertops, complemented by beautifully updated bathrooms. Upstairs, you'll find two generously sized bedrooms, each with its own bathroom. The primary suite features a large walk-in closet and a private balcony overlooking the peaceful surroundings. Downstairs, enjoy relaxing or entertaining on your screened-in patio overlooking the pool and tropical landscaping. Additional features include accordion hurricane shutters on all windows, private washer & dryer an assigned parking space directly in front of the unit, and convenient guest parking. With its unique courtyard-style setting, tropical atmosphere, and small-community charm, Banyan Gardens offers a wonderful place to call home!
Residential
MLS# A12102704
Coldwell Banker Realty
$1.89m
$658
Active
16625 Old Cutler Rd
Palmetto Bay, FL 33157
5
Beds,
4
Baths,
3,840
square feet,
Discover timeless elegance in this magnificent Tuscan-style villa, offering approximately 3, 120 square feet of luxurious living space on an impressive 14, 307+ square-foot lot. A gated entrance welcomes you to this exceptional residence, where architectural charm and refined finishes create an inviting sense of grandeur.
The elegant double-door entry opens to dramatic interiors featuring soaring volume ceilings, beautiful marble floors, and a thoughtfully designed floor plan ideal for both everyday living and entertaining. At the heart of the home, a spacious gourmet kitchen, granite countertops, stainless steel appliances, seamlessly connecting to a generous family room.
The upper level features four ensuite bedrooms, including a magnificent primary suite designed as a private retreat.
Ideally situated near desirable schools and Miami's premier amenities, this exceptional property combines Mediterranean-inspired elegance, generous living spaces, and outstanding indoor-outdoor living.
Red sculpture at back of garden does not convey
Residential
MLS# A12111153
Century 21 BE3
$1.275m
$607
Active
15922 SW 83rd Ct
Palmetto Bay, FL 33157
4
Beds,
3
Baths,
2,775
square feet,
Discover this beautiful Palmetto Bay home offering 4 spacious bedrooms, 3 full baths, and approximately 2, 775 SF of total area on a 15, 000 SF lot. Features include a metal roof, impact windows and doors, a newer A/C system, and a washer and dryer. The kitchen offers wood cabinetry, granite countertops, stainless steel appliances, and pool views. Sliding glass doors open to a screened terrace overlooking the sparkling pool, mature oak trees, tropical landscaping, and oversized storage shed. Located in desirable, golf-cart-friendly Palmetto Bay, near highly regarded schools, parks, restaurants, hospitals, and major roadways. An exceptional opportunity to enjoy the best of South Florida living!
Residential
MLS# A12110497
Coldwell Banker Realty