Waterfront Homes in Palmetto Bay, FL
6 listings in Palmetto Bay
There are 6 waterfront homes for sale in Palmetto Bay, Florida right now, priced from $1.5M to $2.4M. The median list price is $1,965,000. That puts this segment 33% above the overall Palmetto Bay median of $1,475,000 across 87 active listings.
These homes average 3,077 square feet of living area on lots averaging 0.42 acres. Average pricing runs $774 per square foot versus $639 citywide. The median year built is 1993. 50% of them include a private pool.
This segment averages 74 days on market, 9 days faster 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 Royal Harbour Yacht Club, with 3 available listings. The rest is spread across 2 other communities and 2 ZIP codes.
Waterfront pricing in South Florida depends less on the water view than on access: fixed bridges, dock depth and seawall condition change value substantially. Request the seawall age and any dock permits early.
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
6
Avg price
$1,983,333.33
Median price
$1,965,000.00
Price range
$1,495,000.00 – $2,375,000.00
Avg $/sqft
$773.58
Luxury (1M+)
6
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
6 listings in Palmetto Bay
$2,375,000
8920 SW 162nd Terrace, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
6 bd · 5 ba · 3,944 sqft
$1,900,000
14675 SW 78th Avenue, Palmetto Bay, FL 33158 · Palmetto Bay · FL 33158
4 bd · 3 ba · 2,981 sqft
$1,995,000
5990 Paradise Point Drive, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
4 bd · 3 ba · 2,651 sqft
$1,935,000
14675 SW 78th Avenue, Palmetto Bay, FL 33158 · Palmetto Bay · FL 33158
4 bd · 3 ba · 2,981 sqft