Homes Under $500K in Palmetto Bay, FL
9 listings in Palmetto Bay
There are 9 homes under $500K for sale in Palmetto Bay, Florida right now, priced from $261K to $350K. The median list price is $325,000. That puts this segment 78% below the overall Palmetto Bay median of $1,475,000 across 87 active listings.
These homes average 1,191 square feet of living area. Average pricing runs $262 per square foot versus $639 citywide. The median year built is 1974.
This segment averages 112 days on market, 29 days longer than the Palmetto Bay average of 83. 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 Heritage Square Condo, with 4 available listings. The rest is spread across 3 other communities and 2 ZIP codes.
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.
Market overview
Total active
9
Avg price
$312,499.89
Median price
$325,000.00
Price range
$261,000.00 – $350,000.00
Avg $/sqft
$262.34
Luxury (1M+)
0
Market Pulse
Based on 88 closed sales in Palmetto Bay · last 12 months
💰
Median Sold Price
$1,200,000
from closed sales
📅
Avg. Days on Market
85 days
from list to contract
📊
Absorption Rate
18.2%
of inventory sold per month
🎯
Sale-to-List Ratio
93.9%
of asking price
Source: Spark MLS · Updated every 6h
9 listings in Palmetto Bay
$269,500
8701 SW 141st Street K6, Palmetto Bay, FL 33176 · Palmetto Bay · FL 33176
2 bd · 2 ba · 777 sqft
View details$281,999
8701 SW 141st Street L5, Palmetto Bay, FL 33176 · Palmetto Bay · FL 33176
2 bd · 2 ba · 777 sqft
View details$335,000
9400 SW 170th Street 103, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
3 bd · 3 ba · 1,638 sqft
View details$330,000
9430 SW 170th Street 302, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
3 bd · 3 ba · 1,638 sqft
View details$325,000
14500 SW 88th Avenue 247, Palmetto Bay, FL 33176 · Palmetto Bay · FL 33176
2 bd · 2 ba · 835 sqft
View details$261,000
8701 SW 141st Street H6, Palmetto Bay, FL 33176 · Palmetto Bay · FL 33176
2 bd · 2 ba · 777 sqft
View details$350,000
17180 SW 94th Avenue 701, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
3 bd · 3 ba · 1,638 sqft
View details