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 August 12, 2026, Palmetto Bay has 11 condos across 5 buildings and 113 single-family homes & townhomes for sale, with condos priced from $167,500 to $350,000.
For Sale in Palmetto Bay
113 single-family homes & townhomes currently for sale · $279,900 – $9,495,000.
Condo Buildings in Palmetto Bay
5 buildings with active inventory · 11 residences for sale
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 $405K in 2019 to $850K in 2026.
Palmetto Bay Closed-Sale Market
Trailing 3-year closed-sale benchmarks for Palmetto Bay, from MLS records.
About the Palmetto Bay Area
U.S. Census ACS, ZIP 33157.
People
Income
Housing
Palmetto Bay Market & Community Report
As of August 12, 2026, Palmetto Bay carries 11 active condo listings across 5 buildings and 113 single-family homes & townhomes, with condos ranging from $167,500 to $350,000. The most active condo buildings are Village Homes & Condos At (4), Villagio At Palmetto Bay (3), Casa Granada Condo (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.
Explore the full Palmetto Bay market intelligence report — pricing trends, inventory & sales pace →
Market analysis by Andres Jara, licensed Florida real estate agent specializing in Miami-Dade luxury condos and homes.
Data current as of August 12, 2026. Inventory from active MLS listings; community data from U.S. Census ACS.
Monthly market report for Palmetto Bay — closed-sale prices, inventory & trends →
Palmetto Bay Location
Frequently Asked Questions — Palmetto Bay
How many condos are for sale in Palmetto Bay?
As of August 12, 2026, there are 11 condos actively listed for sale across 5 buildings in Palmetto Bay.
Are there single-family homes for sale in Palmetto Bay?
Yes — 113 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 $850,243 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 $167,500 to $350,000.
Which condo buildings are in Palmetto Bay?
Palmetto Bay includes Village Homes & Condos At, Villagio At Palmetto Bay, Casa Granada Condo, Heritage Square, Pinebrooke Condo M.
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