MIAMI LUXHomes

Homes for Sale under $5M in Palmetto Bay, Florida

90 listings

Newest arrivals first — every matching home in Palmetto Bay, refreshed as listings hit the market.

18045 SW 87th Ct, Palmetto Bay, FL 33157
$930,000
4 bd · 2 ba · 1,602 sqft
18045 SW 87th Ct, Palmetto Bay, FL 33157
SECTION 21 BEL-AIRE
7880 SW 180th Ter, Palmetto Bay, FL 33157
$1,299,000
4 bd · 3 ba · 2,850 sqft
7880 SW 180th Ter, Palmetto Bay, FL 33157
CAPE CUTLER ESTATES
16100 SW 81st Ave, Palmetto Bay, FL 33157
$1,680,000
4 bd · 3 ba · 3,039 sqft
16100 SW 81st Ave, Palmetto Bay, FL 33157
CLINTON GROVE ESTS
8325 SW 164th Ter, Palmetto Bay, FL 33157
$1,099,000New
4 bd · 2 ba · 2,147 sqft
8325 SW 164th Ter, Palmetto Bay, FL 33157
SOUTHWOOD 5TH ADDN
8200 SW 164th St, Palmetto Bay, FL 33157
$1,599,000New
4 bd · 2 ba · 1,860 sqft
8200 SW 164th St, Palmetto Bay, FL 33157
SOUTHWOOD 6TH ADDN
17015 SW 74th Ave, Palmetto Bay, FL 33157
$3,300,000New
5 bd · 7 ba · 3,839 sqft
17015 SW 74th Ave, Palmetto Bay, FL 33157
OLD CUTLER PALMS
16401 SW 82nd Ave, Palmetto Bay, FL 33157
$1,274,500New
4 bd · 2 ba · 2,081 sqft
16401 SW 82nd Ave, Palmetto Bay, FL 33157
SOUTHWOOD 8TH ADDN
15255 SW 80th Ave, Palmetto Bay, FL 33157
$1,725,000New
4 bd · 4 ba · 3,207 sqft
15255 SW 80th Ave, Palmetto Bay, FL 33157
LYCHEE NUT GROVE
17265 SW 92nd Ct, Palmetto Bay, FL 33157
$1,625,000
4 bd · 3 ba · 2,580 sqft
17265 SW 92nd Ct, Palmetto Bay, FL 33157
CHANA ROSE ESTATES
18101 SW 92nd Ave, Palmetto Bay, FL 33157
$749,900
3 bd · 2 ba · 1,164 sqft
18101 SW 92nd Ave, Palmetto Bay, FL 33157
BEL AIRE SEC 17
7521 SW 175th St, Palmetto Bay, FL 33157
$1,895,000
5 bd · 4 ba · 2,722 sqft
7521 SW 175th St, Palmetto Bay, FL 33157
CUTLER HAMMOCK
15305 SW 78th Ct, Palmetto Bay, FL 33157
$1,795,000
4 bd · 3 ba · 2,500 sqft
15305 SW 78th Ct, Palmetto Bay, FL 33157
EASTGROVE ESTATES SEC FOU
9325 SW 178th Ter, Palmetto Bay, FL 33157
$620,000New
3 bd · 2 ba · 1,826 sqft
9325 SW 178th Ter, Palmetto Bay, FL 33157
ORCHARD ESTATES
8265 SW 176th Ter, Palmetto Bay, FL 33157
$1,600,000
4 bd · 4 ba · 3,768 sqft
8265 SW 176th Ter, Palmetto Bay, FL 33157
CUTLER HEIGHTS 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
7605 SW 179th Ter, Palmetto Bay, FL 33157
$1,649,000New
4 bd · 3 ba · 2,328 sqft
7605 SW 179th Ter, Palmetto Bay, FL 33157
CUTLER SOUTH FIRST ADDN
7915 SW 155th St, Palmetto Bay, FL 33157
$1,599,000
4 bd · 3 ba · 3,085 sqft
7915 SW 155th St, Palmetto Bay, FL 33157
F & L ESTATES
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
8445 SW 163rd Ter, Palmetto Bay, FL 33157
$1,979,000
6 bd · 5 ba · 3,971 sqft
8445 SW 163rd Ter, Palmetto Bay, FL 33157
MIRELDA ESTATES
16400 SW 80th Ave, Palmetto Bay, FL 33157
$1,300,000
4 bd · 3 ba · 2,539 sqft
16400 SW 80th Ave, Palmetto Bay, FL 33157
THE OAKS
16921 SW 92nd Court, Palmetto Bay, FL 33157
$746,000
4 bd · 2.5 ba · 1,678 sqft
16921 SW 92nd Court, Palmetto Bay, FL 33157
Elysian Gardens
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
8880 SW 183rd Ter, Palmetto Bay, FL 33157
$1,090,000
4 bd · 3 ba · 2,205 sqft
8880 SW 183rd Ter, Palmetto Bay, FL 33157
SECTION TWENTY BEL AIRE
17400 SW 89th Ct, Palmetto Bay, FL 33157
$1,050,000
4 bd · 3 ba · 1,918 sqft
17400 SW 89th Ct, Palmetto Bay, FL 33157
HERMAN HILLS 1ST ADDN

Homes for Sale under $5M in Palmetto Bay — A Local's Guide

Palmetto Bay is the family village on the bay south of Pinecrest — larger lots, A-rated schools and the waterfront parks of the old Cutler estates, at friendlier pricing than its northern neighbor.

Capping the search at $5.0M turns the Palmetto Bay market into a value hunt — and value here hides in specific pockets: an older building with fees that undersell its location, a property type the market overlooks, a block one street off the prime grid. Known for bayside family living with parks and strong schools, Palmetto Bay always has a below-the-radar corner; this page keeps every listing under the cap in one view so it can't hide.

Frequently Asked Questions

What can I actually buy in Palmetto Bay under $5.0M?

The honest inventory is on this page, updated continuously — and the mix shifts month to month. As a rule, condos stretch a capped budget furthest, townhomes buy space, and houses under a cap trade fastest. We'll tell you plainly which listings are priced low for a reason.

Are there hidden costs beyond the price in Palmetto Bay?

Budget association fees on condos and townhomes, insurance that varies with roof age and flood zone, and Florida's closing costs of roughly two to three percent for buyers. We produce a true monthly-cost sheet for any listing before you offer, so the cap holds after closing too.

How do I tour a home in Palmetto Bay?

Every listing on this page has an inquiry form that reaches the broker directly — or call +1 786-370-8570. We arrange private showings around your schedule, including video tours for out-of-town buyers, and there is never an obligation.

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