Palm Island

Homes For Sale in Palm Island

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Palm Island is among the man made group of islands in Biscayne Bay located south of Hibiscus Island. The quaint residential neighborhood of Palm Island has an array of majestic and unique homes preferred by businessmen looking for a secluded place to rest and relax.

The Neighborhood

Palm Island is part of the manmade islands, including Star Island and Hibiscus Island, collectively referred to as “The Islands.”

Access to the island is via the MacArthur Causeway, which also serves as the parking of private ferries of Fisher Island residents. Every entryway to the island has guards who make sure that outsiders cannot easily access the neighborhood. Scheduled open homes in Palm Island are coordinated properly to make sure potential home buyers can access the premises.

The neighborhood has the waters of Biscayne Bay on all its sides, making it a perfect destination for avid boaters looking for an exclusive and luxurious place to live. In fact, it is not unusual to see large yachts parked on a waterfront home.

Despite having direct access to the waters, most of the homes here also have stunning oversized swimming pools where homeowners are often seen enjoying with friends and families.

Travel time going to Miami International Airport takes only about 18 minutes via car, while the many events and activities of American Airlines Arena is a quick 7-minute drive from the neighborhood.

Those who opt to do business in the busy district of Downtown Miami can take pleasure in taking less than a 10-minute travel time. Bal Harbour Shops and the many signature boutiques and flagship stores are only 11 miles from the Palm Island.

Things To Do

Aside from cruising around Biscayne Bay, residents of Palm Island also enjoy going to the shared community center with Hibiscus Island. The center features racquetball and basketball courts, lighted tennis courts and a playground.

Its central location gives its residents quick access to some of the notable establishments around Miami Beach, including Prime 112, Joe’s Stone Crab, Nikki Beach Club and Fogo de Chai Miami.

Top Restaurants In and Near Palm Island

1. Safron Mediterranean Grill
1049 Washington Avenue
Miami Beach, FL 33139
(305) 397-8118

2. Yardbird Southern Table & Bar
1600 Lenox Ave
Miami Beach, FL 33139
(305) 538-5220

3. Shimuja
920 Alton Rd
Miami Beach, FL 33139
(786) 422-2217

4. La Sandwicherie
229 14th St
Miami Beach, FL 33139
(305) 532-8934

5. Spitfire
405 15th St
Miami Beach, FL 33139
(305) 851-5828

6. Havana 1957
1410 Ocean Dr
Miami Beach, FL 33139
(305) 763-8671

7. Poseidon Greek Restaurant & Outdoor Lounge
1131 Washington Ave
Miami Beach, FL 33139
(305) 534-4434

8. Bolivar Restaurant Lounge
841 Washington Ave
Miami Beach, FL 33139
(786) 671-5335

9. Taquiza
1506 Collins Ave
Miami Beach, FL 33139
(305) 748-6099

10. Go-Go
926 Alton Rd
Miami Beach, FL 33139
(305) 673-3137

Schools

Students of Palm Island are under the Miami-Dade County Public Schools, including South Pointe Elementary School, Nautilus Middle School and Miami Beach High School.

The full list of Palm Island schools includes:

North Beach Elementary School
4100 Prairie Avenue, Miami Beach, FL 33140

Design & Architecture Senior High School
4001 Northeast 2nd Avenue, Miami, FL 33137

Mast Academy
3979 Rickenbacker Causeway, Key Biscayne, FL 33149

New World School of the Arts
25 Northeast 2nd Street, Miami, FL 33132

School for Advanced Studies-Wolfson
25 Northeast 2nd Street, Miami, FL 33132

Ada Merritt K-8 Center
660 Southwest 3rd Street, Miami, FL 33130

Young Women’s Preparatory Academy
1150 Southwest 1st Street, Miami, FL 33130

Miami Arts Charter School
3900 Biscayne Boulevard, Miami, FL 33137

I Preparatory Academy
1500 Biscayne Boulevard, Miami, FL 33132

Charter High School of the Americas
984 West Flagler Street, Miami, FL 33130

Miami Children’s Museum Charter School
980 MacArthur Causeway, Miami, FL 33132

Real Estate Trends

Palm Island homes for sale vary in architectural style. Some homes follow Art Deco and Miami Modern home styles, while others have Mediterranean classic designs that beautifully blend with the lush landscaping and stunning views of the ocean.

Homes for sale in Palm Island Miami are huge gated mansions with expansive lawns and plush landscaping. Most homes feature private areas that offer unrestricted views of Downtown Miami and Miami Beach.

Palm Island homes for sale have prices depending on size, age and location. Homes, on an average, have 5 bedrooms and 3 bathrooms built in more than 10,000 square feet of lot.

Prices range from $3.25 million to as much as $32 million. Tear-down, non-waterfront homes have a price range of $1.25 million to $1.4 million, while waterfront homes in Palm Island have an average price of $17.5 million.

Palm Island homes for rent have a price range of $19,500 to $150,000 depending on the size, age and location of the property.


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