Palmetto Bay, FL
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    Palmetto Bay, FL Residential Income Properties for Sale

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    Miami, FL Cutler Bay, FL Perrine, FL
    Palmetto Bay Multifamily Investment Opportunity
    $1,600,000
    3,539 SF
    Palmetto Bay Multifamily Investment Opportunity

    14258 SW 88th Ave, Palmetto Bay, FL 33176

    Well-maintained 6-unit multifamily property in Palmetto Bay.
    • Value‑add 6‑unit multifamily property in Palmetto Bay, offering significant rental upside (almost 27%) and long‑term investment potential.
    • 100% occupied with long‑term tenants, demonstrating strong historical performance and stable cash flow.
    • Prime location in Palmetto Bay, within walking distance to restaurants, retailers, hospitals, public transit, and schools.
    • Most units feature fully remodeled interiors with modern kitchens and bathrooms, including stainless steel appliances and granite countertops.
    • Favorable R‑TH zoning on a large 0.34‑acre lot, allowing for potential future redevelopment.
    Updated: Apr 1
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    Palmetto Bay Multifamily Investment Opportunity
    $1,600,000
    3,593 SF
    Palmetto Bay Multifamily Investment Opportunity

    14258 SW 88th Ave, Palmetto Bay, FL 33176

    Well-maintained 6-unit multifamily property in Palmetto Bay.
    • Rare multifamily investment opportunity in Palmetto Bay, a high‑demand area with limited inventory.
    • 100% occupied with long‑term tenants, providing stable in‑place cash flow.
    • Most units feature fully remodeled interiors with stainless steel appliances, plank flooring, and granite countertops.
    • Recent upgrades include a brand‑new septic tank and drain field, along with updated PVC plumbing.
    • Located east of US‑1, offering walkable access to amenities and convenient connectivity.
    Updated: Feb 24
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Palmetto Bay, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Development Land with Existing Home
    $2,499,999
    2.28 Acres
    Development Land with Existing Home

    A 2.28-acre Cutler Bay development site with an on-property home, detached office/flex space, and two separate entrances.

    8000 SW 184th St, Cutler Bay, FL 33157

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    Miami Multifamily Investment Opportunity
    $16,195,000
    2.38 Acres
    Miami Multifamily Investment Opportunity

    Well-maintained 81-unit apartment complex in Miami-Dade County.

    15900 SW 95th Ave, Miami, FL 33157

    View details
    Converted Duplex Ready for Next
    $822,000
    2,545 SF
    Converted Duplex Ready for Next

    Fully renovated duplex ideal for investors or flexible living.

    20075 SW 87th Pl, Cutler Bay, FL 33189

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    New Construction Apartment Building
    $3,500,000
    14,508 SF
    New Construction Apartment Building

    New 10-unit apartment building with high-end finishes and ample parking.

    16955 SW 100th Ave, Miami, FL 33157

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multifamily Development Site in Perrine
    $500,000
    0.30 Acres
    Multifamily Development Site in Perrine

    Approved 8-unit apartment building site in South Miami.

    17611 SW 102 Ave, Perrine, FL 33157

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    Miami Land Lot For Sale
    $1,990,000
    0.33 Acres
    Miami Land Lot For Sale

    Land lot for sale, mixed-use residential and commercial development.

    10025 W Indigo, Miami, FL 33157

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    Development Opportunity with Income Potential
    $559,900
    0.27 Acres
    Development Opportunity with Income Potential

    Prime residential property with development potential in high-demand Miami area.

    10250 SW 177 st, Miami, FL 33157

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    Miami Land for Residential Development
    $1,299,000
    0.27 Acres
    Miami Land for Residential Development

    High-density infill site suitable for residential and retail development.

    0 216 St, Miami, FL 33177

    View details

    Palmetto Bay, FL Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Palmetto Bay, FL on our real estate platform. These investment opportunities span a total of 7,132 square feet of properties for sale, with an estimated market value of $3,200,000.

    Sale prices for residential income properties in Palmetto Bay, FL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Multifamily properties 2

    Demographics Overview

    Population 128K
    Population Growth (5Y) -2.7%
    Median Household Income $85,110
    College Educated 74.2%

    High-Yield Neighborhoods for Investment

    Identify Palmetto Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Miami - 33176 $1.6M
    Miami - 33157 $2.3M

    Listings Trend

    New vs delisted commercial listings in Miami-Dade County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Miami-Dade County

    Residential Income

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