Palm Island, Miami Beach, FL, USA

6,536 Property Listings

Palm Island Market Analysis Q1 2026

Current Market Conditions
Palm Island represents ultra-luxury pricing with properties starting at $3M and reaching $20M+. The private island setting creates a completely separate market from mainland Miami, with its own supply and demand dynamics.

Price Trends

Median Sale Price: $4,200,000 (up 14.3% YoY)
- Average Price per SqFt: $1,450
- Days on Market: 145 days (slower due to ultra-high price points)
- Inventory: 3 active listings (extremely limited)

Investment Performance
- 5-Year Appreciation: +85% (exceptional, though starting from high base)
- Rental Yields: 2.5-3.5% (not bought for cash flow)
- Occupancy Rate: 82% (part-time residents)