Palmetto Bay, FL, is a highly desirable suburban community located just south of Miami, known for its lush landscapes, family-friendly atmosphere, and upscale residential options. Often referred to as the “Village of Parks,” Palmetto Bay boasts beautiful tree-lined streets, expansive green spaces, and close proximity to Biscayne Bay. The area offers a mix of spacious single-family homes, gated communities, and luxury waterfront properties, attracting buyers who value privacy, outdoor living, and a strong sense of community. With top-rated schools, convenient access to downtown Miami, and a reputation for safety and charm, Palmetto Bay has become one of South Florida’s premier residential destinations.
Life in Palmetto Bay combines suburban serenity with easy access to city conveniences. Residents enjoy numerous parks, including Coral Reef Park and Deering Estate, offering opportunities for sports, picnics, nature trails, and cultural events. The village hosts community festivals, farmers’ markets, and family-oriented activities year-round, fostering a warm neighborhood spirit. Excellent public and private schools make it a top choice for families, while its proximity to US-1 and the Florida Turnpike ensures seamless commuting to Miami’s business and entertainment districts. With its blend of natural beauty, strong community ties, and modern conveniences, Palmetto Bay is a perfect place for those seeking an elevated suburban lifestyle in South Florida.
Palmetto Bay features a range of properties, including single-family homes on large lots, waterfront estates along Biscayne Bay, and modern residences in gated communities. Many homes include pools, spacious backyards, and upscale finishes.
Home prices in Palmetto Bay vary based on size, location, and amenities. Median prices typically range from $800,000 to over $2 million for luxury and waterfront properties.
Popular areas include Old Cutler Road for its historic charm, gated communities like Royal Harbour Yacht Club for boating enthusiasts, and neighborhoods near Coral Reef Park for family-friendly living.
Consider proximity to top-rated schools, flood zone requirements for waterfront properties, and easy access to major highways. Partnering with a local real estate expert can help navigate these factors.
Homes often feature open floor plans, gourmet kitchens, private pools, outdoor entertaining areas, and lush tropical landscaping. Waterfront properties may include private docks and direct bay access.
Most single-family homes in Palmetto Bay do not have HOA fees. However, some gated communities or waterfront developments may have fees covering security, amenities, and maintenance.
24,247 people live in Palmetto Bay, where the median age is 41.6 and the average individual income is $70,583. Data provided by the U.S. Census Bureau.
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Palmetto Bay has 8,138 households, with an average household size of 2.97. Data provided by the U.S. Census Bureau. Here’s what the people living in Palmetto Bay do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 24,247 people call Palmetto Bay home. The population density is 2,926.73 and the largest age group is Data provided by the U.S. Census Bureau.
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