THE PALMS CONDO in Bay Harbor Islands

THE PALMS CONDO
Homes for Sale in Bay Harbor Islands, FL

Community in Bay Harbor Islands · Miami-Dade County · ZIP 33154
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True comps, carrying-cost math, and listings before the portals.

Photo via miami

Built fromLive miami data9 years of closingsUpdated twice daily
Live · THE PALMS CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
33%
Cash buyers · THE PALMS CONDO
1 of 3 sales, 12 mo ending July 2024
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The current MLS snapshot for The Palms Condo in Miami-Dade County does not carry enough active pricing data to draw a median or a trend line with any confidence. That is worth saying plainly rather than papering over with a number that is not there.

For now, the honest posture is to treat this as a building where pricing has to be established unit by unit, based on condition, floor, and view, rather than assumed from a community-wide average. A buyer or seller here should expect the comparable-sales conversation to happen at the individual-listing level.

Best for

  • A buyer focused on one specific unit who is prepared to evaluate it on its own merits
  • A seller willing to price based on condition and direct comparables rather than a building-wide average
  • An investor comfortable doing hands-on diligence in a building with limited published market data

Probably not for

  • A buyer who wants a clear, published price range before starting a search
  • A buyer relying on a stated amenity package to guide the decision
  • Anyone who wants to lean on aggregate community statistics rather than a unit-specific review

The market around THE PALMS CONDO

THE PALMS CONDO is too small for its own price trend, so here is the market around it.

In ZIP 33154, 2 homes are on the market and 0% are under contract — a slower corner of Bay Harbor Islands.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not THE PALMS CONDO specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in THE PALMS CONDO

Live MLS inventory for THE PALMS CONDO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending THE PALMS CONDO listings as of 2026-08-17, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Tap any home to ask about it.

If we were buying in THE PALMS CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in THE PALMS CONDO.

Best Buy
Best for a buyer or seller who wants a unit-specific evaluation rather than a building-wide market story.
Biggest Risk
The risk is that public pricing data is currently too limited to benchmark against with confidence.
Sweet Spot
The sweet spot is a buyer comfortable doing diligence on the specific unit rather than trusting a community average.
Avoid If
Avoid if you need a well-established comparable-sales trend before you're comfortable making a decision.

What the data can and can't tell you

MLS visibility into The Palms Condo is thin at this snapshot. No community amenities are identified from current listings, and there isn't a reliable pricing baseline to publish. That does not mean nothing is happening in the building — it means the public feed, as of this data pull, isn't giving us enough to generalize.

In a situation like this, the practical move is to pull the actual listing sheet and recent unit-level history rather than lean on a community average that doesn't exist yet in the data. Condition, line, and floor will matter more here than any building-wide narrative.

The location and the amenities are priced into every listing in THE PALMS CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When the public data on a building is this limited, the value is in knowing how to dig past the feed — pulling unit-level history, understanding how a specific line has traded, and being straight with you about what we do and do not know before you make an offer.

THE PALMS CONDO in 15 seconds.

Best forBest for a buyer or seller who wants a unit-specific evaluation rather than a building-wide market story.
Biggest advantageThe advantage is unit-by-unit negotiation with no inflated building-wide baseline to argue against.
Biggest riskThe risk is that public pricing data is currently too limited to benchmark against with confidence.
Sweet spotThe sweet spot is a buyer comfortable doing diligence on the specific unit rather than trusting a community average.
Avoid ifAvoid if you need a well-established comparable-sales trend before you're comfortable making a decision.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed THE PALMS CONDO sales matched to your home.

What is your THE PALMS CONDO home worth?

Get a no-obligation home value based on real comparable sales in THE PALMS CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in THE PALMS CONDO on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

17% of homes for sale in ZIP 33154 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

Frequently Asked Questions

Do cash buyers compete in THE PALMS CONDO?
Cash buyers took 33% of THE PALMS CONDO sales in the 12 months ending July 2024 (1 of 3 closings, miami).
Who is the best real estate agent for THE PALMS CONDO?
The best agent for THE PALMS CONDO is one who actively works Bay Harbor Islands and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for THE PALMS CONDO.
How do I find a top Bay Harbor Islands real estate agent who knows THE PALMS CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows THE PALMS CONDO and the wider Bay Harbor Islands area.
Can Momentum Realty connect me with an agent for THE PALMS CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your THE PALMS CONDO purchase or sale - no call center and no pressure.
A buyer focused on one specific unit who is prepared to evaluate it on its own meritsExcellent fit
A seller willing to price based on condition and direct comparables rather than a building-wide averageExcellent fit
An investor comfortable doing hands-on diligence in a building with limited published market dataExcellent fit
A buyer who wants a clear, published price range before starting a searchProbably not
A buyer relying on a stated amenity package to guide the decisionProbably not
Anyone who wants to lean on aggregate community statistics rather than a unit-specific reviewProbably not

Data sources & freshness

Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2017 (37 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in THE PALMS CONDO? 2 recorded closings (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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