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Palmetto Bay Homes for Sale under $5M

85 listings

Live MLS inventory in Palmetto Bay, updated continuously.

13880 SW 68th Ave, Palmetto Bay, FL 33158
$3,900,000New
7 bd · 7 ba · 5,551 sqft
13880 SW 68th Ave, Palmetto Bay, FL 33158
UNPLATTED
8151 SW 175th St, Palmetto Bay, FL 33157
$3,600,000
5 bd · 5 ba · 0 sqft
8151 SW 175th St, Palmetto Bay, FL 33157
D ADESKY PROPERTIES SUB
6721 SW 140th St, Palmetto Bay, FL 33158
$3,300,000
5 bd · 5 ba · 5,079 sqft
6721 SW 140th St, Palmetto Bay, FL 33158
SHEAR GROVES SOUTH
7360 SW 164th St, Palmetto Bay, FL 33157
$2,999,999
6 bd · 6 ba · 4,694 sqft
7360 SW 164th St, Palmetto Bay, FL 33157
KINGS COVE
15755 SW 90th Ave, Palmetto Bay, FL 33157
$2,795,000
5 bd · 4 ba · 3,323 sqft
15755 SW 90th Ave, Palmetto Bay, FL 33157
UNPLATTED
8440 SW 182nd Ter, Palmetto Bay, FL 33157
$2,699,000
5 bd · 3 ba · 3,614 sqft
8440 SW 182nd Ter, Palmetto Bay, FL 33157
SECTION 22 BEL-AIRE
17640 Old Cutler Rd, Palmetto Bay, FL 33157
$2,399,000
5 bd · 4 ba · 3,582 sqft
17640 Old Cutler Rd, Palmetto Bay, FL 33157
REARDON ACRES
8111 SW 178th St, Palmetto Bay, FL 33157
$2,395,000
4 bd · 4 ba · 3,662 sqft
8111 SW 178th St, Palmetto Bay, FL 33157
TRIPLE C ESTATES
17740 SW 83rd Ave, Palmetto Bay, FL 33157
$2,379,000
4 bd · 4 ba · 4,188 sqft
17740 SW 83rd Ave, Palmetto Bay, FL 33157
OLD CUTLER SHORES
8920 SW 162nd Ter, Palmetto Bay, FL 33157
$2,375,000
6 bd · 5 ba · 3,944 sqft
8920 SW 162nd Ter, Palmetto Bay, FL 33157
THE LANDINGS SEC 2
15321 SW 82nd Ave, Palmetto Bay, FL 33157
$2,350,000
6 bd · 4 ba · 3,467 sqft
15321 SW 82nd Ave, Palmetto Bay, FL 33157
EASTGROVE ESTATES SEC 1
15144 SW 72nd Ct, Palmetto Bay, FL 33158
$2,200,000
5 bd · 4 ba · 3,200 sqft
15144 SW 72nd Ct, Palmetto Bay, FL 33158
OLD CUTLER ESTATES SEC 4
6234 Paradise Point Drive # 6234, Palmetto Bay, FL 33157
$2,200,000New
4 bd · 6 ba ·
6234 Paradise Point Drive # 6234, Palmetto Bay, FL 33157
Royal Harbour Yacht Club
17615 SW 80th, Palmetto Bay, FL 33157
$2,075,000New
4 bd · 4 ba · 3,817 sqft
17615 SW 80th, Palmetto Bay, FL 33157
ALLISON ESTATES
5990 Paradise Point Dr, Palmetto Bay, FL 33157
$1,995,000
4 bd · 3 ba · 2,651 sqft
5990 Paradise Point Dr, Palmetto Bay, FL 33157
Royal Harbour Yacht Club
15625 SW 73rd Ct, Palmetto Bay, FL 33157
$1,990,000New
5 bd · 4 ba · 3,641 sqft
15625 SW 73rd Ct, Palmetto Bay, FL 33157
PINE BAY ESTATES SOUTH
8445 SW 163rd Ter, Palmetto Bay, FL 33157
$1,979,000New
6 bd · 5 ba · 3,971 sqft
8445 SW 163rd Ter, Palmetto Bay, FL 33157
MIRELDA ESTATES
17701 SW 87th Ave, Palmetto Bay, FL 33157
$1,899,000
5 bd · 4 ba · 2,714 sqft
17701 SW 87th Ave, Palmetto Bay, FL 33157
B-R SUB
8845 SW 176th Ter, Palmetto Bay, FL 33157
$1,850,000
4 bd · 3 ba · 2,813 sqft
8845 SW 176th Ter, Palmetto Bay, FL 33157
PINEWOOD ESTATES SECOND A
5996 Paradise Point Dr, Palmetto Bay, FL 33157
$1,850,000
3 bd · 4 ba · 3,885 sqft
5996 Paradise Point Dr, Palmetto Bay, FL 33157
ROYAL HARBOUR YACHT CLUB
8164 SW 171st St, Palmetto Bay, FL 33157
$1,800,000
5 bd · 4 ba · 3,312 sqft
8164 SW 171st St, Palmetto Bay, FL 33157
GROVES AT OLD CUTLER
13780 SW 73rd Ct, Palmetto Bay, FL 33158
$1,799,000
6 bd · 4 ba · 4,147 sqft
13780 SW 73rd Ct, Palmetto Bay, FL 33158
PINE MNR ESTS
15305 SW 78th Ct, Palmetto Bay, FL 33157
$1,795,000New
4 bd · 3 ba · 2,500 sqft
15305 SW 78th Ct, Palmetto Bay, FL 33157
EASTGROVE ESTATES SEC FOU
7430 SW 142nd Ter, Palmetto Bay, FL 33158
$1,759,000
4 bd · 3 ba · 2,491 sqft
7430 SW 142nd Ter, Palmetto Bay, FL 33158
TANGLEWOOD ESTATES SEC 2

Homes for Sale under $5M in Palmetto Bay: How This Market Works

Palmetto Bay delivers the Pinecrest formula at a gentler price — generous lots, highly rated schools and a shoreline of public bayfront parks carved from the historic Cutler estates. The market is almost entirely single-family, which makes it a natural next step for households leaving apartments in the urban core.

A ceiling of $5.0M reframes the Palmetto Bay search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by big-lot family streets along the Cutler bayfront always carry mispriced corners: a solid older tower with unfashionable finishes, a townhouse a few blocks off the prestige grid, a listing lingering for reasons that turn out to be fixable. Everything qualifying under the cap is gathered here in one view.

Palmetto Bay Market Snapshot

319
Homes sold, last 12 months
$1.1M
Median sale price
54 days
Median time on market

Frequently Asked Questions

How do I spot genuine value under $5.0M in Palmetto Bay?

Look for a mismatch between price and fundamentals — a well-run building priced alongside the weak ones, a dated interior on a superior line or lot, long market time that traces to bad photography rather than bad property. We tell you plainly which listings under $5.0M are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $5.0M?

Only if you underwrite everything: association dues, property taxes that reset off your purchase price, insurance keyed to roof age and flood zone, and buyer-side closing costs. We prepare a full carrying-cost worksheet on any listing you shortlist, so the cap you set holds up in month twelve — not just at the closing table.

Can I see a Palmetto Bay property before committing to anything?

Of course. Use the inquiry form on any listing or call +1 786-370-8570 and we will set up a private showing around your calendar. Buyers who live elsewhere can request a recorded video walkthrough of any residence. Looking carries no commitment — deciding comes later, on your terms.

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