1. States
  2. /Florida
  3. /Miami-Dade County
  4. /Palmetto Bay
CSAMiami-Port St. Lucie-Fort LauderdaleMSAMiami-Fort Lauderdale-West Palm Beach#15/102 Income

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Showing latest year with year-over-year changes. Full permit history available with a paid plan. See products & pricing →

Year

Insightsi

Construction activity in 2024 was down 5.9% from the prior year, with 16 housing units permitted.

  • •95% fewer units than the average Miami-Dade County town (303), suggesting slower-than-typical growth.
  • •Average unit valued at $207K — 47% below the Miami-Dade County average of $392K, indicating more affordable construction.
  • •56.2% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

16 ▼ 5.9%

2024

Total Valuei

$3.3M ▼ 28%

2024

Single-Familyi

43.8%

7 units

Multi-Familyi

56.2%

9 units

Palmetto Bay vs. Avg. Miami-Dade Co. Town (2024)i

Palmetto BayAvg.Diff
Total Unitsi16303-95%
Total Valuei$3.3M$118.8M-97%
Single-Familyi764-89%
Multi-Familyi9239-96%
Buildingsi872-89%
Value / Uniti$207K$392K-47%

Housing Units Permittedi

Solid line is Palmetto Bay; dashed line is Miami-Dade County average.

Construction Valuei

Solid line is Palmetto Bay; dashed line is Miami-Dade County average.

Census BPS