Condos for Sale in Palmetto Bay, FL

There are 6 condos for sale in Palmetto Bay, Florida right now, priced from $261K to $350K. The median list price is $301,000. That puts this segment 80% below the overall Palmetto Bay median of $1,475,000 across 87 active listings.

These homes average 1,074 square feet of living area. Average pricing runs $281 per square foot versus $639 citywide. The median year built is 1969.

This segment averages 77 days on market. The median closed-sale price in Palmetto Bay is $1,200,000. Deals close at 93.9% of list price. The absorption rate is 18.2%.

The largest concentration is in Casa Granada Condo, with 3 available listings. The rest is spread across 2 other communities and 2 ZIP codes.

Since Florida tightened structural reserve rules, condo buyers should review the milestone inspection and reserve study alongside the budget. Special assessments are the single biggest surprise cost in this segment.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.