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Village of Palmetto Bay, FL

Located within Florida, United States, the municipality of Village of Palmetto Bay is located in the Miami metropolitan area.

People who prefer a slower-paced ambience will enjoy Village of Palmetto Bay. The majority of locations in the municipality have fairly good access to green spaces, such as Biscayne National Park and Coral Reef Park, since there are a few of them close by for residents to explore. This part of the Miami metropolitan area is also reasonably quiet, as there isn't a lot of street noise or city clamor - although that is not the case around the railway line.

Village of Palmetto Bay experienced its latest housing boom between 1960 and 1980, so most of the available properties are from this era. In this municipality, about 85% of buildings are single detached homes, while the rest are mainly townhouses. Home owners occupy roughly 85% of the properties in Village of Palmetto Bay and 15% are occupied by renters. This municipality also has a selection of housing size options - properties range from lofts to four or more bedrooms.

A portion of property owners in Village of Palmetto Bay may be able to do their grocery shopping by walking in one of approximately 10 stores, while others will have to use another means of transportation. Residents benefit from over 50 restaurants and cafes as well. As far as education is concerned, locals will welcome the proximity to both primary and secondary schools, which are within walking distance from most properties for sale in Village of Palmetto Bay. Locals are served by public and private schools at both the elementary and high school level.

Moving around by car is very convenient in this municipality. Coming across a place to park is quite easy. On the other hand, the public transit service in Village of Palmetto Bay is not very frequent. Nonetheless, the municipality is served by a few bus lines, and bus stops are not very far-removed from most homes. Village of Palmetto Bay is not particularly suitable for traveling on foot as few daily needs can be met without having to resort to a car.

Real Estate

Homes on Market

160

Median List Price

$600,000

Median List Price per sqft

$221

Homes with Negative Equity

6.80%
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