
Palm Island, FL Housing Market
$9,504,980
12.6% 1-yrThe average Palm Island, FL home value is $9,504,980, up 12.6% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Palm Island Key Takeaways
Typical Home Values: $9,504,980
1-Year Value Change: +12.6%
(Data through August 31, 2026)
Palm Island Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Hibiscus Island$6,755,018
- San Marino Island$8,734,158
- Di Lido Island$8,676,395
- Rivo Alto Island$8,408,369
- Biscayne Island$1,512,941
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Palm Island Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Miami Beach, FL?
The neighborhoods with the highest median home values in Miami Beach, FL include: Palm Island ($9,504,980), San Marino Island ($8,734,158), Di Lido Island ($8,676,395), Rivo Alto Island ($8,408,369), Hibiscus Island ($6,755,018).
What are the most affordable neighborhoods in Miami Beach, FL?
The neighborhoods with the lowest median home values in Miami Beach, FL include: Flamingo Lummus ($329,465), North Shore ($391,707), Isle of Normandy ($439,125), City Center ($464,535), Oceanfront ($596,234).
Which Miami Beach, FL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Miami Beach, FL include: Di Lido Island (16.0%), Palm Island (12.6%), Hibiscus Island (12.6%), San Marino Island (11.7%), Rivo Alto Island (10.5%).

