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Palmetto Bay is a Miami suburban incorporated village in Miami-Dade County, Florida, United States. The population was 24,469 at the 2000 census.

Palmetto Bay includes two census-designated places defined in the 2000 census, Cutler and East Perrine.

In August 1992, Palmetto Bay and the surrounding South Miami-Dade area were severely destroyed by Hurricane Andrew. Many of the homes and businesses in Palmetto Bay were destroyed. In the subsequent years, the area was slowly rebuilt. Unlike the destroyed homes which were made of wood frame construction, the new homes and construction were rebuilt with concrete walls. Although many areas of Miami were heavily affected by Hurricane Andrew, Palmetto Bay was one of the worst affected and remains a reminder of the hurricane’s extensive disaster in the city today.