The Addison in Palmetto Bay | Townhomes
18185 SW 98th Ave,
Palmetto Bay, FL 33157
$3,249 - $4,285
2-4 Beds
Located about 14 miles south of Miami, Palmetto Bay is a seaside community that quickly brings to mind sand, surf, and sun. Toss on some flip-flops and sunscreen and you're ready to find an apartment near the beach! Palmetto Bay is home to the sprawling Deering Estate, a 444-acre environmental, historic, and archaeological preserve. The preserve offers tours of historic buildings and natural areas, as well as canoe tours and kayak workshops. The Artist Village is contained in the historic buildings and provides events like the Fall Fine Art Exhibit.
Biscayne Bay, located in the Atlantic Ocean, is directly offshore from Palmetto Bay. Biscayne Bay Aquatic Preserves protects 67,000 acres -- all under the ocean. The preserve is a popular destination for snorkeling, sailing, diving, canoeing, sculling, kayaking, windsurfing, and fishing. Zoo Miami, home to roughly 2,000 animals, is just west of Palmetto Bay.
When you aren't relaxing beneath a palm tree on the beach, Palmetto Bay is close to two major shopping malls: Southland Mall, which contains a movie theater and a carousel, and The falls, a large outdoor shopping mall with well-known stores. Golfers can spend the afternoon at Palmetto Golf Course or at nearby Briar Bay Golf Course.
As of October 2025, the average apartment rent in Palmetto Bay, FL is $2,162 for a studio, $2,351 for one bedroom, $2,840 for two bedrooms, and $3,545 for three bedrooms. Apartment rent in Palmetto Bay has increased by 2.5% in the past year.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
740 Students
Dr. Henry E. Perrine Academy Of The Arts
Public
Grades K-5
550 Students
Public
Grades 6-8
1,098 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.