The Village of Palmetto Bay is a vibrant community in Miami-Dade County. The village incorporated on September 10, 2002. Prior to it's incorporation Palmetto Bay was known as the Perrine area of Miami.
Palmetto Bay is located directly south of Pinecrest. They share SW 136th Street as their common boundary. The village stretches as far south as Eureka Drive (SW 184th Street) and it's East/West boundaries are Biscayne Bay and South Dixie Highway respectively.
Palmetto Bay is known as the Village of Parks. While some might think that 7 parks does not a "Village of Parks" make, several of the parks are extraordinary in their own right, such as the Deering Estate at Cutler and the Bill Sadowski Nature Preserve.
Because the village is located on the easternmost part of the county, it is not anywhere near any of the highways and expressways which are the most used in Miami-Dade County. Most folk travel it's main arteries of Old Cutler Road and U.S. 1 South Dixie Highway when travelling North or South. Actually, a drive along Old Cutler Road is one of the most relaxing drives in South Florida, with the magnificent trees (including some amazing Banyans) and their giant canopies providing shade most of the way. The occasional peek at Biscayne Bay still proves a thrill for me every time I see it, oftentimes as the backyard of a breathtaking mansion.
Real Estate in Palmetto Bay is a sound investment, in my humble opinion. With Pinecrest neighboring to the North and it's excellent public schools, Palmetto Bay has nowhere to go but up. The present real estate inventory backs up my opinion. Palmetto Bay statistics show that the Absorption Rate here is less than half that in the County as a whole. This is indicative of a healthy real estate market, even in the midst of the doom-and-gloom reports by most of the media.
Looking to buy or sell real estate in Palmetto Bay? Contact the real estate agent who can guide you each step of the way.
Keeping the Real in Real Estate...
Maggie Dokic is a licensed real estate broker in the state of Florida selling residential real estate in Miami, Palmetto Bay, Pinecrest, Coral Gables, Gables by the Sea, High Pines and the Redland.
For more information on our local real estate market, or to see or sell a home in Miami, Palmetto Bay, Pinecrest, Coral Gables or the Redland, visit my Miami Real Estate blog or contact me at Maggie (at) TheBlogThatAteMiami (dot) com.
The opinions expressed herein, are those of the author, and not necessarily of Prudential Florida Realty.
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