The schools are excellent, the landscape is beautiful and the atmosphere is relaxed; sunny Palmetto Bay-Miami has nearly everything a family needs. Home to approximately 25,000 people, Palmetto Bay-Miami is a quiet village located about 15 miles south of central Miami and just west of Biscayne Bay. The location affords quick access to several major roadways, including U.S. Route 1, State Route 874 and Florida’s Turnpike.(more)

Palmetto Bay Homes for Sale

Home buyers looking for a suburban residence close to the sights and sounds of Miami should definitely consider Palmetto Bay-Miami. It is a community of established residential neighborhoods that offer both value-oriented properties and showcase homes. Average listing prices for properties in Palmetto Bay run at approximately $375,000. Prices for detached, single-family homes in Palmetto Bay-Miami range from less than $235,000 to upwards of $8 million. (more)

Palmetto Bay-Miami, Florida
Average Home Sizes and Asking Prices

Updated On: May 19, 2013

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR		2 BR		#Lst
33157	2,100 sf	$242,000	1,600 sf	$176,000	205	1,100 sf	$85,000	900 sf	$73,000	37

Change and Trend of Asking Price in 33157

Palmetto Bay Real Estate Stats and Trends for the week of May 13th, 2013: homes priced around $175,652 compared to $808,333 the previous week, showing a decrease of less than -360%. For Saturday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.60%; the 15 year fixed rate is at 2.74%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.95%, while the 15 year jumbo rate currently is at 3.37%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Palmetto Bay FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Palmetto Bay to help you find the best home!