Palmetto Bay

Condos & Homes for Sale · Market Overview · FL 33157
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Updated September 29, 2026
3
Condo Buildings
8
Condos for Sale
116
Homes for Sale
69,605
Residents
Live MLS data · Updated September 29, 2026

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 September 29, 2026, Palmetto Bay has 8 condos across 3 buildings and 116 single-family homes & townhomes for sale, with condos priced from $170,000 to $325,000.

For Sale in Palmetto Bay

116 single-family homes & townhomes currently for sale · $279,900 – $9,495,000.

116
Homes for Sale
$280K
From
$9.5M
Up to

Condo Buildings in Palmetto Bay

3 buildings with active inventory · 8 residences for sale

Palmetto Bay Market Analytics

Area inventory and closed-sale trends from MLS records for ZIP 33157.

8
Active Listings
3
Buildings
$325K
Top Condo Price
96.2%
Sale-to-List
Average Sale Price by Year
Average closed-sale price per year in ZIP 33157 (all property types, MLS).
Average sale price by year in ZIP 33157, 2019–2026$910K$630K$351K20192020202120222023202420252026

Average closed-sale price in ZIP 33157 moved from $405K in 2019 to $856K in 2026.

Palmetto Bay Closed-Sale Market

Trailing 3-year closed-sale benchmarks for Palmetto Bay, from MLS records.

$481
Avg $/Sqft (Sold)
$1.2M
Avg Sale Price
112
Avg Days on Market
887
Closed Sales (3-Yr)
+34.2%
3-Yr Appreciation

About the Palmetto Bay Area

U.S. Census ACS, ZIP 33157.

People

Population69,605
Median age40.6

Income

Per capita$38,579
Median household$80,364

Housing

Owner-occupied65.6%
Renter-occupied34.4%

Palmetto Bay Market & Community Report

As of September 29, 2026, Palmetto Bay carries 8 active condo listings across 3 buildings and 116 single-family homes & townhomes, with condos ranging from $170,000 to $325,000. The most active condo buildings are Village Homes & Condos At (3), Casa Granada (3), Villagio At Palmetto Bay (2).

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 agent specializing in Miami-Dade luxury condos and homes.

Data current as of September 29, 2026. Inventory from active MLS listings; community data from U.S. Census ACS.

Palmetto Bay Location

Frequently Asked Questions — Palmetto Bay

How many condos are for sale in Palmetto Bay?

As of September 29, 2026, there are 8 condos actively listed for sale across 3 buildings in Palmetto Bay.

Are there single-family homes for sale in Palmetto Bay?

Yes — 116 single-family homes and townhomes are currently for sale in Palmetto Bay, priced from $279,900 to $9,495,000.

What is the average sale price in Palmetto Bay?

The average closed-sale price in Palmetto Bay (ZIP 33157) was $855,870 in 2026, based on MLS records across all property types.

What is the price range for Palmetto Bay condos?

Palmetto Bay condos currently range from $170,000 to $325,000.

Which condo buildings are in Palmetto Bay?

Palmetto Bay includes Village Homes & Condos At, Casa Granada, Villagio At Palmetto Bay.

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.

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