Palmetto Bay

Homes For Sale

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Palmetto Bay Miami is vibrant community located on the Biscayne Bay shores that gives residents access to amazing bay vistas while maintaining a family-oriented atmosphere. Palmetto Bay is making a mark in the Florida education system by having a good number of highly rated public schools within its neighborhood.

The Neighborhood

Located west of Biscayne Bay, Palmetto Bay is a vibrant community known for its family-oriented atmosphere. Palmetto Bay is about 9.5 miles away from Coral Gables and about 15 miles to Downtown Miami.

The community goes south to the centerline of southwest 184 Street, extends from the centerline of southwest 136 Street, east to Biscayne Bay, and expands to the west to the centerline of South Dixie Highway.

South Dixie Highway commercial corridor gives its residents convenient access within the village.

Most of the commercial complexes including shopping venues, retail options, lodging, and restaurants are family-owned. Some of the highly rated restaurants in the neighborhood include Asian Fusion Café, Bistro Foly, and Gold China Restaurant.

Palmetto Bay is increasing its community identity by installing their own unique street signs and developing green areas with beautiful landscaping. Palmetto Bay also initiated green programs including the LEED-certified Coral Reef Park building and Village Hall.

Living in Palmetto Bay is all about convenience. The neighborhood has a dedicated bus that brings its residents to major destinations within the community. The bus also has a drop off at Dadeland South Metrorail where residents can commute going to the Jackson Hospital System, University of Miami, and nearby neighborhoods of Downtown Miami and Brickell.

Palmetto Bay has its own newspaper, The Palmetto Bay News, which published Miami’s Community Newspapers twice a week. The neighborhood also gets featured in The Miami Herald’s South Dade edition of its supplement, “Neighbors.”

Since most of the homes in Palmetto Bay were made of wood frame, the neighborhood was one of those severely affected by Hurricane Andrew in 1992. Due to this, newly constructed homes now have concrete walls and durable materials.

Palmetto Bay

Things To Do

Shopping in Palmetto Bay stays true to the neighborhood’s open, calm atmosphere.

The Falls is one of Florida’s biggest open air shopping center that offers a wide variety of specialty shops, boutiques, and more dining options. The neighborhood is also close to Fresh Market, Trader Joe’s, and Whole Foods.

Residents of Palmetto Bay enjoy an extensive park system that has five village parks that provides an avenue for passive and active recreational activities and a neighborhood library. The community also has two county facilities. Continuous improvement of parks earned the Palmetto Bay the nickname of “Village of Parks.”

One of the notable tourist spots in the area includes Charles Deering Estate on Old Cutler Road. The estate is often used as a venue for cultural arts specials and other private events. Thalatta Estate Park is a Mediterranean Revival house built in 1926 and now serves as a village park.

Other local attractions near the neighborhood include Adrienne Arsht Center (Performing Arts), Frost Art Museum-FIU, Lowe Art Museum, Bass Museum of Art, Miami Children’s Museum, and Goldcoast Railroad Museum.

Top Restaurants In Palmetto Bay

1. Ayesha Fine Dining
14151 S Dixie Highway,
Miami, FL 33176
(786) 732-4480

2. Papa Ricco’s Restaurant & Pizzeria
14415 S Dixie Highway,
Miami, FL 33176
(305) 253-6511

3. Golden Rule Seafood
17505 S Dixie Highway,
Miami, FL 33157
(305) 235-0661

4. Kris’ Restaurant and Grill
16701 S Dixie Highway,
Miami, FL 33157
(305)232-1020

5. The Butcher Shop
14235 S Dixie Highway,
Miami, FL 33176
(305) 253-9525

6. Cardon Y El Tirano
West Flagler 3411 SW 8th Street,
Miami, FL 33135
(305) 392-1257

7. Delices De France
14453 S Dixie Highway,
Miami, FL 33176
(305) 256-9700

8. El Rincon Asturiano
Little Havana 225 SW 17th Avenue,
Miami, FL 33135
(305) 643-8822

9. Gold China Chinese Restaurant
15055 S Dixie Highway,
Miami FL 33176
(305) 233-6501

10. Lan Pan Asian Café
8332 S Dixie Highway,
Miami, FL 33143
(305) 661-8141

Communities

Palmetto Bay is a affluent neighborhood known for its beautiful homes and luxurious condominiums that offer perfect views of Miami. This includes:

Schools

The community is home to public schools that have continually received grade “A” from the State of Florida’s A+ Plan. Palmetto Bay Academy at 16637 S Dixie Highway, Miami, FL 33157 is the neighborhood’s highly rated school well-attended by the residents.

The full list of schools within Palmetto Bay includes:
Coral Reef Elementary School
7955 SW 152nd Street, Palmetto Bay, FL 33157

Southwood Middle School
16301 SW 80th Avenue, Palmetto Bay, FL 33157

Dr. Henry E. Perrine Academy of the Arts
8851 SW 168th Street, Palmetto Bay, FL 33157

Little Wonders Learning Academy
9360 SW 164th Street, Palmetto Bay, FL 33157

3Cs Preschool Christ Congregational Church

14920 SW 67th Avenue, Palmetto Bay, FL 33157

Christ Fellowship Academy
8900 SW 168th Street, Palmetto Bay, FL 33157

Westminster Christian School
6855 SW 152nd Street, Palmetto Bay, FL 33157

Palmer Trinity School

7900 SW 176th Street, Palmetto Bay, FL 33157

Real Estate Trends

Over the past year, homes for sale in Palmetto Bay did not have any significant movement in its median sales price.

Palmetto Bay Miami homes for sale have a median sales price of $511,266 and are selling fast with homes only spending an average of 91 days in the listings. In 2014 alone, 301 single family homes were sold with an average price per square foot of $180.

Homes for sale in Palmetto Bay Miami have prices ranging from $500,000 to $700,000, with newly built, modern homes selling for more than $1 million.

Median rent is slightly high at $3,600, which can be partly due to the fact that 91% of the residents are homeowners. The median household income of $120,625 is also a good indication of the success of the housing market in the neighborhood..

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© 2017 Miami Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Miami data last updated at October 21, 2017 11:15 AM ET

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