The Palms
The Palms is the resale-market sweet spot of Bay Harbor Islands: a boutique eight-story condominium at 1133 102nd Street, completed in 2018 by developer Blue Road and designed by Frankel Benayoun Architects. With just 42 residences of one to three bedrooms (roughly 960 to 1,500 square feet), The Palms offers something the island's new pre-construction towers cannot — an established building with real sales history, an operating HOA, and both an active for-sale and for-rent market. Recent resales have ranged from the $700Ks to over $900,000, while two-bedroom rentals have commanded around $4,100 to $4,750 a month. Clean...
The Palms
The Palms is the resale-market sweet spot of Bay Harbor Islands: a boutique eight-story condominium at 1133 102nd Street, completed in 2018 by developer Blue Road and designed by Frankel Benayoun Architects. With just 42 residences of one to three bedrooms (roughly 960 to 1,500 square feet), The Palms offers something the island's new pre-construction towers cannot — an established building with real sales history, an operating HOA, and both an active for-sale and for-rent market. Recent resales have ranged from the $700Ks to over $900,000, while two-bedroom rentals have commanded around $4,100 to $4,750 a month. Clean contemporary lines, floor-to-ceiling glass, and a rooftop infinity pool with 360-degree views make The Palms one of the island's most livable modern buildings.
The Palms Frequently Asked Questions
❯ What's currently for sale at The Palms?
Inventory turns over regularly — recent published listings have included two-bedroom residences in the $779,000–$915,000 range and one-bedrooms from the high $300Ks at original sellout. With only 42 units, availability is limited at any given moment, but the building's resale market is well-established with recorded closings to benchmark pricing around $577–$726 per square foot.
❯ Can I rent here, and what do rentals cost?
Yes — The Palms has an active rental market alongside resales. Recent two-bedroom leases have been listed around $4,100–$4,750 per month, and the building's pet-friendly policies (pets OK for owners and renters, with large pets allowed) make it unusually renter-friendly for a boutique Bay Harbor Islands condo. Association approval is required for tenants.
❯ What's the pet policy?
Pets are welcome for both owners and renters, and large pets are allowed — a genuine differentiator on an island where many buildings restrict pets by size or number. Pet owners should still confirm current association rules, deposits, and any breed guidelines before buying or leasing.
❯ What amenities does the building have?
The centerpiece is the rooftop deck with a large heated infinity pool, sun terrace with lounge seating, Jacuzzi hot tub, gym and yoga area, and a barbecue and outdoor dining space with 360-degree views. A modern lobby with European furnishings, landscaped grounds, visitor parking, and two assigned covered parking spaces per residence complete the offering.
❯ Is it good for families?
Very. The building sits within walking distance of the A-rated Ruth K. Broad Bay Harbor K-8 Center, and the island itself is prized by families for its playgrounds, tennis courts, bicycle paths, and low-traffic streets. The one- to three-bedroom mix (many with dens) suits everyone from young professionals to growing families.
❯ How does The Palms compare to other island condos?
Against new construction, this 2018 boutique wins on value, certainty, and rental flexibility — no construction risk, lower price per square foot, and an established rental market. Buyers wanting brand-new should look at 9900 West or Solina Bay Harbor; those wanting a similar-vintage waterfront boutique should compare The Ivory, completed in 2017 with its own rooftop pool and boat slips.
Key Facts
- Address: 1133 102nd Street, Bay Harbor Islands, FL 33154
- Neighborhood: Bay Harbor Islands, Miami
- Developer: Blue Road
- Architect: Frankel Benayoun Architects
- Stories: 8
- Residences: 42 (1–3 bedrooms, ~960–1,500 sq. ft.)
- Completion: 2018
- Markets: Active resale (recent $700Ks–$900Ks+) and rental (~$4,100–$4,750/mo for 2BR) markets; pets OK for owners & renters
Why Resale Buyers Choose The Palms
New construction gets the headlines, but buildings like The Palms are where many smart island purchases happen: the construction risk is zero, the HOA's financials and rules are a matter of record, and the price per square foot — recently in the high $500s to low $700s — undercuts new development significantly. The 2018 vintage means modern impact glass, contemporary systems, and current building codes, without the pre-construction premium. For buyers who want to live on Bay Harbor Islands rather than bet on it, that combination is hard to beat.
Living at The Palms
Day to day, the building's scale is its luxury: 42 residences sharing a rooftop infinity pool, a gym, and barbecue areas means the amenities never feel crowded. Floor-to-ceiling glass and private balconies frame island, bay, and skyline views; in-unit washers and dryers, quartz baths, and walk-in closets cover the practical bases. And with Bal Harbour Shops, the beach, and Bay Harbor Islands' dining all minutes away, the location does the rest.
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