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Palmetto Bay

Lennar Homes in Palmetto Bay, FL

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Housing market in Palmetto Bay, FL

  • State
    Florida
  • Market
    Miami Metropolitan Area
  • Neighborhoods
    0
  • Communities
    0
  • Single family
    6
  • Townhouses
    0
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    0
  • Starting price
    $2,500,000
  • Median price
    $5,137,500
  • Price per square foot
    $754.19

Real estate price trends

Home price data reflects 0 listings in Palmetto Bay, FL, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Palmetto Bay?

The Local Vibe (Location & Identity)

Located 15 miles south of Downtown Miami, Palmetto Bay is a residential village in Miami-Dade County defined by its lush canopy and waterfront access. This community of approximately 24,000 residents maintains a quiet, suburban atmosphere while serving as a primary commuter hub for professionals working in Coral Gables and the Health District.

Living Here: Amenities & Lifestyle

Weekend life often centers on the 50-acre Coral Reef Park, where residents utilize the tennis courts and walking trails. History and nature enthusiasts frequent the Deering Estate for its archaeological sites and coastal views. The Falls offers premier shopping nearby. Commuters typically navigate US-1 or the scenic Old Cutler Road to reach major employment centers like the University of Miami. The local I-Bus connects residents to the Metrorail.

Schools & Family Appeal

Families are frequently drawn here by the Miami-Dade County Public School district, specifically the highly-regarded Miami Palmetto Senior High. Private options like Palmer Trinity School are also available. This educational focus, combined with extensive youth programming at Ludovici Park, reinforces the area's reputation as a family-centered enclave.

Why New Construction Makes Sense Here

Much of the local housing stock consists of ranch-style homes built in the 1960s and 70s, which often require significant capital expenditures for roof replacements and impact-window upgrades. Choosing new construction in Palmetto Bay provides immediate peace of mind through 10-year structural warranties and modern building codes designed for South Florida’s tropical climate. Buyers can avoid the renovation fatigue common with older properties by exploring new home communities in Palmetto Bay that feature integrated smart-home technology. For those on a tighter timeline, quick move-in homes in Palmetto Bay offer the benefit of contemporary efficiency without the wait of a custom build. These modern residences eliminate the immediate need for high-cost maintenance, allowing owners to focus on the coastal lifestyle.