Palmetto Bay is a leafy residential village in south Miami-Dade along Biscayne Bay, prized for its top-rated schools, large lots, and waterfront estates. It offers a quiet, suburban lifestyle with parks and bayfront homes south of Pinecrest.
As of June 28, 2026, Palmetto Bay has 101 single-family homes & townhomes for sale.
Homes for Sale in Palmetto Bay
101 single-family homes & townhomes currently for sale · $339,000 – $9,495,000.
Palmetto Bay Market Analytics
Area inventory and closed-sale trends from MLS records for ZIP 33157.
Average closed-sale price in ZIP 33157 moved from $297K in 2019 to $440K in 2026.
About the Palmetto Bay Area
U.S. Census ACS, ZIP 33157.
People
Income
Housing
Palmetto Bay Market & Community Report
As of June 28, 2026, Palmetto Bay is primarily a single-family-home market, with 101 homes and townhomes for sale, ranging from $339,000 to $9,495,000.
ZIP 33157 (Palmetto Bay) is home to 69,605 residents with a median age of 40.6. Per-capita income is $38,579 and median household income is $80,364; 65.6% of homes are owner-occupied.
Market analysis by Andres Jara, licensed Florida real estate broker specializing in Miami-Dade luxury condos and homes.
Data current as of June 28, 2026. Inventory from active MLS listings; community data from U.S. Census ACS.
Frequently Asked Questions — Palmetto Bay
Are there single-family homes for sale in Palmetto Bay?
Yes — 101 single-family homes and townhomes are currently for sale in Palmetto Bay, priced from $339,000 to $9,495,000.
What is the average sale price in Palmetto Bay?
The average closed-sale price in Palmetto Bay (ZIP 33157) was $439,554 in 2026, based on MLS records across all property types.
What is Palmetto Bay known for?
Palmetto Bay is a leafy residential village in south Miami-Dade along Biscayne Bay, prized for its top-rated schools, large lots, and waterfront estates. It offers a quiet, suburban lifestyle with parks and bayfront homes south of Pinecrest.
What is the Palmetto Bay area like?
The Palmetto Bay area (ZIP 33157) is home to 69,605 residents with a median age of 40.6 and a median household income of $80,364.
Nearby Neighborhoods
Explore other luxury markets in Miami-Dade County