Palmetto Bay is one of Miami-Dade’s most desirable suburban communities — a quiet, family-friendly area filled with larger homes, spacious lots, excellent schools, and some of the best parks in South Florida. Located just south of Pinecrest and north of Cutler Bay, Palmetto Bay offers the perfect balance of peaceful residential living with quick access to everything Miami offers.

Buyers choose Palmetto Bay because it delivers strong value compared to Pinecrest and Coral Gables, larger square footage for the price, and a welcoming neighborhood feel that is increasingly rare in Miami’s more urbanized areas.

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Palmetto Bay, Florida

Palmetto Bay, Florida

Palmetto Bay, Florida

Why Buyers Choose Palmetto Bay

1. Larger Homes & Big Lots

Many Palmetto Bay properties offer 10,000–20,000+ sq ft lots, mature landscaping, and room for pools, boat parking, and outdoor entertainment spaces. This attracts families who want space without moving far from central Miami.

2. Highly Rated Schools

One of the biggest drivers of demand is education. Families target Palmetto Bay specifically because of its access to top-rated public and private schools.

Public Schools:

  • Coral Reef Elementary

  • Howard Drive Elementary

  • Southwood Middle School

  • Miami Palmetto Senior High (shared with Pinecrest)

Private Schools Nearby:

  • Palmer Trinity School

  • Westminster Christian

  • Alexander Montessori

3. Outdoor Lifestyle and Parks

Palmetto Bay is known as “The Village of Parks.” Local favorites include:

  • Coral Reef Park

  • Ludlam Pines

  • Palmetto Bay Park

  • Deering Estate (historic & waterfront)

These spaces create a genuine neighborhood community feel — families walk, bike, jog, picnic, and meet other locals daily.

4. Strong Value for the Price

Compared to nearby Pinecrest (where prices can exceed $3M–$5M), Palmetto Bay offers more attainable single-family living:

  • Many homes fall in the $650K–$1.3M range

  • Updated or new-construction homes can exceed $1.4M+

  • Lots tend to be larger than many Miami neighborhoods

This combination creates strong long-term value and healthy buyer demand.

Palmetto Bay Real Estate Snapshot


Median home price: ~$950,000

  • Price per sq ft: ~$430

  • Average days on market: 29 days

  • Most homes range $650K–$1.3M

  • Renovated homes often exceed $1.4M+

  • Limited inventory in top school zones

Palmetto Bay sees steady appreciation driven by school demand, lot size, and long-term family ownership.

Neighborhood Breakdown

Neighborhood Breakdown

Neighborhood Breakdown

Palmetto Bay, Florida Neighborhood

North Palmetto Bay

  • Closer to Pinecrest

  • Higher buyer demand

  • Some of the best school positioning

  • Higher resale values

Central Palmetto Bay

  • Mix of original and fully renovated homes

  • Larger lots

  • Family-heavy streets

  • Walking distance to parks

South Palmetto Bay

  • Slightly more affordable

  • Larger variety of home styles

  • Good for buyers wanting value + space

Commute & Convenience

Commute & Convenience

Commute & Convenience

Palmetto Bay, Florida Commute & Convenience

Palmetto Bay offers easy access to:

  • Pinecrest: 5 minutes

  • The Falls: 5 minutes

  • South Miami: 10–12 minutes

  • Coral Gables: 15–20 minutes

  • Brickell/Downtown: 30–35 minutes

  • Miami International Airport: 30 minutes

US-1 and Old Cutler Road run through/near the area, making north–south travel simple.

Residents

Residents

Residents

Palmetto Bay, Florida Residents

Common buyer profiles include:

  • Families with children

  • Healthcare professionals

  • Local business owners

  • Buyers relocating from out of state

  • “Move-up” buyers from Kendall or Westchester

Investment

Investment

Investment

Is Palmetto Bay Real Estate a Good Investment ?

Yes — Palmetto Bay has stable demand due to:

  • School zones

  • Lot size

  • Safe, suburban reputation

  • Limited similar neighborhoods in Miami

Homes in top school zones typically appreciate well.

Palmetto Bay FAQ's

Palmetto Bay FAQ's

Palmetto Bay FAQ's

Is Palmetto Bay safe?

Yes. It is known as one of the safer suburban communities in South Miami.

Is Palmetto Bay affordable?

It’s more affordable than Pinecrest and Coral Gables but more expensive than Cutler Bay or Kendall.

Is Palmetto Bay good for families?

Absolutely — families are the area’s core demographic.

Is Palmetto Bay safe?

Yes. It is known as one of the safer suburban communities in South Miami.

Is Palmetto Bay affordable?

It’s more affordable than Pinecrest and Coral Gables but more expensive than Cutler Bay or Kendall.

Is Palmetto Bay good for families?

Absolutely — families are the area’s core demographic.

Is Palmetto Bay safe?

Yes. It is known as one of the safer suburban communities in South Miami.

Is Palmetto Bay affordable?

It’s more affordable than Pinecrest and Coral Gables but more expensive than Cutler Bay or Kendall.

Is Palmetto Bay good for families?

Absolutely — families are the area’s core demographic.

Ready to work for you

Ready to work for you

Ready to work for you

Work With The Arango Group

If you’re considering buying or selling in Palmetto Bay, local insight matters. The Arango Group specializes in South Miami neighborhoods and can help you navigate pricing, schools, and property trends with confidence.


Contact Below to Request a Palmetto Bay Market Report

Contact

Contact

Contact

Get in touch

For any inquiries or to explore your vision further, we invite you to contact our professional team using the details provided below.

Office

1000 Brickell Ave, Miami, Florida, 33131

167-169 Great Portland Street,

W1W 5PF

Telephone