Villagio at Palmetto Bay in Palmetto Bay

Villagio at Palmetto Bay
Condos for Sale in Palmetto Bay, FL

Community in Palmetto Bay · Miami-Dade County · ZIP 33176
Median sale $185K
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data11 years of closingsUpdated twice daily
Live · Villagio at Palmetto Bay Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$185K
Median sold · 12 mo
$322/sf
Sold $/sqft · 12 mo
peak $358 in 2023
90.0%
Sale vs ask
Tempo
65days
Median DOM · closed
10 days at the 2022 low
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
2 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 11 years of records
575sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Villagio at Palmetto Bay

Live MLS inventory for Villagio at Palmetto Bay. 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 Villagio at Palmetto Bay listings as of 2026-10-22, 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 2015 through 2026. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Villagio at Palmetto Bay is trading with a median price of $185,000 and a median price per square foot of $321.74 — a combination that points to compact, efficiently sized units rather than large-format homes. That per-square-foot figure is not low, which tells us buyers are paying for location and unit efficiency even at this entry price point.

With a median of 65 days on market and only five closings in the current window, this is a thin data set. That does not mean the community is stagnant — it means each sale carries more weight in setting the tone, and pricing a listing or evaluating an offer here requires a closer look at the individual comparables rather than leaning on broad market averages.

Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.

The 60-Second Overview

Villagio at Palmetto Bay market snapshot (as of September 20, 2026): the median sale price is about $185K ($322 per sq ft over the trailing 12 months of closed sales), and a median 65 days on market for closed sales.

Villagio at Palmetto Bay sits in the entry-price tier for Miami-Dade condo product, with recent activity limited enough that each closing meaningfully shapes the current read on value.

Best for

  • Buyers prioritizing a lower entry price point over unit size
  • Buyers willing to negotiate on timeline given the longer median days on market
  • Buyers comfortable doing close, unit-by-unit comparable analysis given limited recent sales

Probably not for

  • Buyers who want a large, deep comparable set to validate pricing
  • Buyers expecting a quick, low-days-on-market transaction
  • Buyers seeking maximum square footage per dollar spent

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($185K) IS the median in the snapshot above.

Windows contain 0 to 8 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Deemed reliable but not guaranteed.

Every sale since 2015 · price vs size
$0$100K$200K$300K1k1k1k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
0258201620182020202220242026
0 to 8 a year; 5 in the current window.
How much local inventory is already under contract

33% of homes for sale in ZIP 33176 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 (2026-09-20).

Villagio at Palmetto Bay Market Scorecard

Balanced

Villagio at Palmetto Bay is currently a balanced market., a median asking price of $249,500, and homes go under contract in about 31 days.

$249,500
Median list
$185,000
Median sold
$303
List $/sqft
31
Days on mkt
3/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Villagio at Palmetto Bay 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 Villagio at Palmetto Bay.

Best Buy
Buyers targeting a lower entry price in Miami-Dade condo product.
Biggest Risk
A thin closing count means pricing signals can shift quickly with the next sale.
Sweet Spot
Buyers comfortable underwriting off a small comparable set rather than broad averages.
Avoid If
You need a fast, high-volume comparable market to benchmark your offer against.

A thin market with a clear price signal

The $321.74 per-square-foot figure is the number to anchor on here. Paired with a $185,000 median price, it signals smaller-footprint units where the price per square foot carries more of the valuation story than total price alone. Buyers comparing this community to larger-unit product elsewhere should run the per-square-foot math before assuming a lower headline price means a better deal.

A median of 65 days on market is longer than a fast-moving segment, but with only five closings feeding that number, it is more indicator than verdict. Sellers should expect real negotiation room and buyers should expect that patience — not urgency — is what typically closes deals in this community right now.

“

The location and the amenities are priced into every listing in Villagio at Palmetto Bay. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with only a handful of recent closings, pricing accuracy depends on knowing which of those five sales are truly comparable — unit size, condition, and floor all move the number here. We walk both buyers and sellers through that comparison directly rather than relying on a blended average that a small sample can distort.

Villagio at Palmetto Bay in 15 seconds.

Best forBuyers targeting a lower entry price in Miami-Dade condo product.
Biggest advantagePer-square-foot value here reflects compact, efficient unit sizing rather than a discounted market.
Biggest riskA thin closing count means pricing signals can shift quickly with the next sale.
Sweet spotBuyers comfortable underwriting off a small comparable set rather than broad averages.
Avoid ifYou need a fast, high-volume comparable market to benchmark your offer against.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Villagio at Palmetto Bay sales matched to your home.

What is your Villagio at Palmetto Bay home worth?

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

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Real comps, not an automated estimate.

Recent Developments in Villagio At

Development, infrastructure, retail, and school activity affecting Villagio At, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. October 2026
    Retail & Dining

    Shops at Sunset Place nears demolition for mixed-use redevelopment

    The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.

    What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The site is about 3 miles north of Villagio At.

    Source: Miami Today
  2. September 2026
    Development

    University of Miami agreement with Coral Gables would add a hospital of up to 100 beds

    A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.

    What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 4 miles north of Villagio At.

    Source: Miami Today
  3. September 2026
    Civic

    Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate

    County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.

    What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 9 miles northeast of Villagio At.

    Source: Local 10 News
  4. September 2026
    Infrastructure

    County committee reviews $101 million contract for MIA North Terminal baggage screening machines

    A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.

    What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 9 miles north of Villagio At.

    Source: Miami Today
  5. July 2026
    Development

    619 Brickell by Nobu condo tower wins review board approval

    The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.

    What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The project is about 9 miles northeast of Villagio At, elsewhere in Miami-Dade County.

    Source: The Real Deal
  6. June 2026
    Development

    Grupo T&C plans 62-story 13th Edge tower near Brickell

    Grupo T&C filed a pre-application with Miami-Dade County for 13th Edge, a 62-story, 648,700-square-foot tower at 237 Southwest 13th Street with 400 apartments and 400 hotel rooms. The project, designed by Kobi Karp Architecture, would replace the 36-unit El Vedado condominium built in 1972.

    What it may mean for the marketIntroduces a large mixed-use residential and hotel tower to the area west of Brickell, adding hundreds of apartments and hotel rooms and replacing a small older condominium. The project is about 8 miles northeast of Villagio At, elsewhere in Miami-Dade County.

    Source: The Real Deal

Development alerts for Villagio AtGet a short monthly email when something new is approved, funded, or opens near Villagio At.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Villagio at Palmetto Bay?
The median sale price in Villagio at Palmetto Bay was $185K over the 12 months ending September 20, 2026 (5 closed sales, MIAMI MLS).
How long do homes in Villagio at Palmetto Bay take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 65 days on market (5 sales, MIAMI MLS).
Who is the best real estate agent for Villagio at Palmetto Bay?
The best agent for Villagio at Palmetto Bay is one who actively works Palmetto Bay 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 Villagio at Palmetto Bay.
How do I find a top Palmetto Bay real estate agent who knows Villagio at Palmetto Bay?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Villagio at Palmetto Bay and the wider Palmetto Bay area.
Can Momentum Realty connect me with an agent for Villagio at Palmetto Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Villagio at Palmetto Bay purchase or sale - no call center and no pressure.
Buyers prioritizing a lower entry price point over unit sizeExcellent fit
Buyers willing to negotiate on timeline given the longer median days on marketExcellent fit
Buyers comfortable doing close, unit-by-unit comparable analysis given limited recent salesExcellent fit
Buyers who want a large, deep comparable set to validate pricingProbably not
Buyers expecting a quick, low-days-on-market transactionProbably not
Buyers seeking maximum square footage per dollar spentProbably not

Nearby Communities

Explore more neighborhoods near Villagio at Palmetto Bay with Momentum Realty’s local guides.

Mitchell Center0.2 mi awayLaurel Hill Park0.3 mi awayMitchell East0.3 mi awayCasa Granada Condo0.3 mi away · median $195K, 3 sales/12 moCountry Club Grove0.3 mi away · 1 for saleParis Manor West0.4 mi away · 1 for saleSun Coral Heights0.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: October 22, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (33 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 MLS 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.

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Thinking of selling in VILLAGIO AT PALMETTO BAY? 5 recorded closings; median 65 days on market (window ending 2026-09-20). 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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