Palmetto Bay New Construction Condos for Sale

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Matthew Gromadzki, Real Estate Broker
Matthew Gromadzki
Real Estate Broker
(786) 370-8570
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Live MLS inventory in Palmetto Bay, updated continuously.

New Construction Condos for Sale in Palmetto Bay: What to Know Before You Search

South of Pinecrest along the bay, Palmetto Bay is a family village of larger lots, A-rated schools and the waterfront parks carved from the old Cutler estates. It offers much of what its northern neighbor does at more approachable pricing.

New and pre-construction is a distinct way to buy a Palmetto Bay condo — you're purchasing a floor plan and a completion date, often years out, on a deposit schedule rather than a mortgage. Known for bayside family living with parks and strong schools, Palmetto Bay runs one of the most active development pipelines in the country, and the terms reward buyers who understand deposit structure, developer track record and what "delivered" actually includes. This page gathers the newest Palmetto Bay condo buildings; ask us for the full pre-construction pipeline, most of which never reaches the MLS.

Palmetto Bay Market Snapshot

329
Homes sold, last 12 months
$1.1M
Median sale price
54 days
Median time on market

Frequently Asked Questions

How do deposits work on pre-construction condos in Palmetto Bay?

Typically staged — a series of payments from contract through construction milestones, often totaling a large share of the price before closing, held in escrow. The exact schedule and what's refundable vary by developer; we read the purchase agreement with you before any deposit goes in.

Is new construction a better buy than resale in Palmetto Bay?

It depends on your horizon — new means current code, warranties and modern layouts, but you wait and you carry deposit risk; resale means you see the real building, its dues and its board today. We lay both paths side by side against your timeline rather than push one.

How do I arrange a showing in Palmetto Bay?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.

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