Atlantic Luxury Advisors
Palmetto Bay · Luxury ($1M+)

Palmetto Bay Luxury Homes for Sale

There are 75 luxury homes for sale in Palmetto Bay right now, with a median asking price of $1.67M. The most active communities are Coral Reef Estates, Royal Harbour Yacht Club, Southwood. 11 came on the market in the last 7 days.

75
For sale now
$1.67M
Median asking price
$576
Median price per sq ft
59
Median days on market
11
New in the last 7 days

By price

  • Under $500K0
  • $500K to $1M0
  • $1M to $2M58
  • $2M to $5M16
  • $5M and up1

Most active communities

  • Coral Reef Estates3
  • Royal Harbour Yacht Club3
  • Southwood3
  • Cape Cutler Estates2
  • Cutler Hammock2
  • Garden Groves2
  • Groves At Old Cutler2
  • Mangowood2

Palmetto Bay inventory trend

30 days

Trend available from Oct 27, 2026. We record the market nightly and never back-fill history.

90 days

Trend available from Dec 26, 2026. We record the market nightly and never back-fill history.

365 days

Trend available from Sep 27, 2027. We record the market nightly and never back-fill history.

Questions, answered from the data

How many luxury homes are for sale in Palmetto Bay?

75 listings are active in the MLS right now, 11 of them listed in the last 7 days. The count updates hourly.

What is the median asking price for luxury homes in Palmetto Bay?

$1,670,000, the midpoint of the 75 active asking prices. Asking prices run from $1,050,000 to $6,500,000.

What do luxury homes in Palmetto Bay cost per square foot?

The median asking price is $576 per square foot of living area, across listings that report their size.

How long do luxury homes in Palmetto Bay stay on the market?

The median active listing has been on the market 59 days. A home priced right for its community usually moves faster than the median.

What is the highest asking price among luxury homes in Palmetto Bay?

The highest asking price right now is $6,500,000, for a single family residence in Farmers Acres.

How many luxury homes in Palmetto Bay are on the water?

9% of the active listings are waterfront, as the listing agents report it.

What kinds of homes are for sale in Palmetto Bay?

72 single family residence, 3 townhouse, by the MLS property type.

What are HOA fees like in Palmetto Bay?

Among listings that report an association fee, most fall between about $117 and $895 a month (the middle 80 percent), as listed. Confirm the current fee and any special assessment with the association.

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Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Figures are computed from active listings in the MLS and describe asking prices, not closed sales. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty.