Miami Beach, FL - Palm Island, Miami Beach, FL
Miami Beach, FL - Palm Island — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Miami Beach, FL - Palm Island, Miami Beach, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Miami Beach, FL - Palm Island Neighborhood Overview
Palm Island is an exclusive, man-made residential enclave in Miami Beach, Florida, known for its serene, private atmosphere. Connected to the mainland by a single guarded causeway, this artificial island offers a tranquil retreat just minutes from the vibrant energy of South Beach. Its location within ZIP code 33109 provides residents with a unique blend of seclusion and urban accessibility.
Lifestyle & Amenities
Life on Palm Island revolves around waterfront living, privacy, and security. The community features a private park, walking paths, and stunning views of the Downtown Miami skyline and Biscayne Bay. While the island itself is purely residential, its proximity to South Beach means world-class dining, nightlife, and shopping are only a short drive away.
Real Estate Market
The real estate market on Palm Island is defined by ultra-luxury, single-family waterfront estates. With a median home value exceeding $2 million and a price per square foot around $2,865, properties here command premium prices. The market moves deliberately, with homes averaging over 300 days on market, and an exceptionally high homeownership rate of 94% underscores the neighborhood's stability.
Schools & Education
As a small, specialized residential community, Palm Island is served by the broader Miami-Dade County Public Schools district. Families have access to a variety of public and highly-regarded private school options throughout the Miami Beach and greater Miami area. Specific school assignments are based on the residential address within the district.
Transportation & Connectivity
Access to Palm Island is strictly controlled via its single, guarded causeway, which ensures privacy but necessitates automobile travel. The island is conveniently situated just west of the MacArthur Causeway, providing a direct route to both South Beach and Downtown Miami. For longer trips, Miami International Airport is approximately a 20 to 30-minute drive away.
Why Choose Miami Beach, FL - Palm Island
Palm Island is the definitive choice for those seeking an unparalleled level of privacy, security, and luxury within Miami Beach. It offers a peaceful, estate-style living environment without sacrificing convenient access to the city's finest amenities. The community represents a rare opportunity to own a substantial waterfront property in a guard-gated setting just moments from one of the world's most dynamic urban playgrounds.
Miami Beach, FL - Palm Island Market Data
| Metric | Value |
|---|---|
| Median Home Price | $2.0M |
| Median Household Income | $250K |
| Homeownership Rate | 93.6% |
| Renter-Occupied | 6.4% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Ultra-Luxury |
| Primary ZIP Code | 33109 |
Top Real Estate Agents in Miami Beach, FL - Palm Island, Miami Beach
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Miami Beach, FL - Palm Island, Miami Beach, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12