Yes, palmy is in the scrabble dictionary

...and is worth 14 points by itself.

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Palmy Definition

adjective

Covered with palm trees.
from The American Heritage Dictionary of the English Language, 4th Edition
Of or relating to palm trees.
from The American Heritage Dictionary of the English Language, 4th Edition
Prosperous; flourishing: palmy times for stockbrokers.
from The American Heritage Dictionary of the English Language, 4th Edition
Marked by prosperity .
from Free Scrabble Dictionary
Abounding in or bearing .
from Free Scrabble Dictionary

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Top Words by points

Points

amply

12

2 letter words with PALMY

Points

am

4

ay

5

al

2

ya

5

la

2

ma

4

my

7

pa

4

3 letter words with PALMY

Points

yap

8

yam

8

pya

8

ply

8

pay

8

pam

7

pal

5

may

8

map

7

lay

6

lap

5

lam

5

amp

7

alp

5

4 letter words with PALMY

Points

lamp

8

palm

8

paly

9

play

9

amyl

9

5 letter words with PALMY

Points

amply

12

palmy

12

Found 29 words in 0.24393 seconds