Palmetto Bay Penthouses 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.

Penthouses 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.

A penthouse is the top of the Palmetto Bay market in the most literal sense — the highest floors, the deepest terraces, and the views the rest of the building is priced to look up at. In a market known for bayside family living with parks and strong schools, penthouses trade as trophy assets, valued on light, outdoor square footage and provenance as much as interior size, and the best of them rarely sit on the market for long. This page narrows Palmetto Bay to penthouse residences only.

Palmetto Bay Market Snapshot

324
Homes sold, last 12 months
$1.1M
Median sale price
54 days
Median time on market

Frequently Asked Questions

What qualifies as a penthouse in Palmetto Bay?

There's no single legal definition, but in practice a Palmetto Bay penthouse is a top-floor — or top-few-floor — residence, usually with taller ceilings, larger terraces and upgraded finishes, often the building's signature unit. Every listing on this page is flagged as a penthouse in the MLS.

What do penthouses cost in Palmetto Bay?

The spread is enormous, because a penthouse atop a mid-rise is a different asset from one crowning a luxury tower. The live listings here show today's asking prices across the whole range — sort by price to see it from the entry level to the trophy tier.

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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