On a seven-figure home in Palmetto Bay or Pinecrest, buyers typically carry three separate insurance policies. Here is what drives Miami-Dade insurance costs, what home condition actually determines, and what most out-of-state buyers miss before making an offer.
Palmetto Bay and Pinecrest sit side by side, but their price tags do not. With a 40 percent per-square-foot gap between the two communities, buyers with flexibility on location can get significantly more home and keep more capital after closing.
