Palm Island Real Estate

Palm Island Homes for Sale & for Rent


Southeast of Miami's Edgewater & East of the Town Square neighborhood, you will find the tropical oasis known as Palm Island. This exclusive community, which lay nestled next to Hibiscus Island and Star Island Communities, affords the tranquility & security one would expect from private island living, but also has the convenience of being located along the I-395 Expressway, making the Miami Beaches & Downtown Miami mere minutes away by car.


Surrounded on all sides by the glistening waters of Biscayne Bay, Palm Island not only affords picturesque views but also offers several convenient amenities. For example, Palm Island encompasses a children’s playground, a racquetball court, basketball and tennis courts, and a large park. Thanks to the MacArthur Causeway, traveling from Palm Island to downtown Miami and South Beach is a breeze, which means Palm Island residents can easily enjoy all of the high-end shopping and world-class restaurants of the area. While all of these features are highly desirable, the island’s more impressive feature is its housing stock.


Because Palm Island is encircled by Biscayne Bay, nearly all of the homes in Palm Island are waterfront. Waterfront homes in Palm Island enjoy peaceful bay views, as well as a long list of spectacular amenities and special features. Palm Island homes come in varying ages and sizes, and architectural styles range from Miami Modern to Mediterranean classic. Beyond the single-family homes for sale in Palm Island, there are also beautiful beach homes for those seeking a quiet vacation destination. If you would like to learn more about currently available properties in Palm Island, for sale or rent, we will happily answer all of your questions when you contact us at your earliest convenience.

Palm Island - Town vs. County Stats

Avg Price in Palm Island: $24,261,100 / County Avg $1,407,200

862%

Avg Taxes in Palm Island: $174,400 / County Avg $34,000

256%

Avg Sq. Ft. in Palm Island: 9,415 / County Avg 1,757

268%

Avg Price per/sqft in Palm Island:$2577 / County Avg $801

322%

Avg Walkscore in Palm Island: 1 / County Avg 62

1%

Avg Year Built in Palm Island: 1989 / County Avg 1987

50%

Avg Days on Website in Palm Island: 55 / County Avg 118

23%

Palm Island Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales