by RH Advisors

See Home Value
$17,000,000
House - Off Market

1226 Palermo Ave

Coral Gables, FL 33134
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2674 Sqft
$1,704,288
RealtyHop Estimate
0.25%
Since Nov 1, 2023
FL-Miami
Primary Model

About This Property

Welcome to 1226 Palermo Ave in beautiful Coral Gables, Florida! This  Mediterranean home boasts elegance, luxury, and an unmatched location. As you step inside, you are greeted by a spacious floor plan filled with natural light. The interior features hardwood floors, high ceilings, and exquisite finishes.The chef-inspired gas kitchen is complete with stainless steel appliances, granite countertops, and ample storage space. The master suite features a walk-in closet and en-suite bathroom with a soaking tub, separate shower, and dual vanities. The additional bedrooms are generously sized and offer comfort and privacy. Located in Coral Gables, this home offers close proximity to top-rated schools, world-class dining and shopping options at Miracle Mile, and easy access to major highways.
Unit Size
2,674Ft²
Days on Market
54 days
Land Size
0.16 acres
Price per sqft
$636
Property Type
House
Property Taxes
$1,321
HOA Dues
-
Year Built
1925
Last updated: 7 months ago (Miami MLS #A11440591)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold $1,620,000
Sold
Sep 11, 2023 In contract -
In contract
Aug 23, 2023 Listed by EXP Realty, LLC $1,700,000
Listed by EXP Realty, LLC
Feb 13, 2006 Sold to Jose Trespalacios $875,000
Sold to Jose Trespalacios

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1934
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,890
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,962
  • Gross Building Area: 2,962
  • Building Area: 2,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES COUNTRY CLUB
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES COUNTRY CLUB SEC 1 PB 8-108 LOT 6 & E3FT LOT 5 BLK 9 LOT SIZE 53.000 X 130 COC 26245-1624 12 2007 5

Ownership

  • Current Owner : SIENA GABLES CORP
  • Previous Owner : TRESPALACIOS JOSE RAMON
  • Owner Before Previous Owner: AUFINGER RAYMOND A
  • Owner Before Previous Owner 2: AUFINGER MIRIAM
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006104

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 254
  • District: 03
  • Parcel: 03-4118-003-1250
  • Block: 9
  • Lot: 6,5
  • Meridian: SEC 18 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7439
  • Longitude: -80.2801

    Address

  • Full Address: 1226 Palermo Ave
  • Address - House Number: 1226
  • Address - Street Name: Palermo
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C043
  • 4-Digit Zip Code: 6327
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 2,655
  • Tax Year: 2023
  • Tax Amount: $17,856
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,526,023
  • High Value: 1,799,007
  • Low Value: 1,253,039

    Market Valuation

  • Market Total Value: $989,912
  • Market Land Value: $661,967
  • Market Improvement Value: $327,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $880,107

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Transaction ID: 11915746692
  • Current Sale Price: $1,620,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 768760
  • Previous Sale Recording Date: Feb 13, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Feb 13, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $612,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Mar 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,137 ft²
$669/ft²
$1,430,000 Aug 1, 2023
$1,430,000 Oct 11, 2023
$1,277/mo
House
4 Beds
3 Baths
2,105 ft²
$755/ft²
$1,590,000 Aug 8, 2023
$1,590,000 Sep 21, 2023
$1,401/mo
House
4 Beds
4 Baths
3,749 ft²
$447/ft²
$1,675,000 Jul 13, 2023
$1,675,000 Sep 13, 2023
$1,181/mo
House
3 Beds
3 Baths
2,602 ft²
$530/ft²
$1,380,000 Aug 2, 2023
$1,380,000 Oct 6, 2023
$1,271/mo
House
3 Beds
3 Baths
2,666 ft²
$488/ft²
$1,300,000 Jan 11, 2023
$1,300,000 Oct 2, 2023
$587/mo
Condo
4 Beds
4 Baths
2,367 ft²
$575/ft²
$1,360,000 Jul 21, 2023
$1,360,000 Oct 12, 2023
$1,095/mo
House
4 Beds
4 Baths
2,497 ft²
$801/ft²
$2,000,000 Sep 28, 2023
-
$594/mo
House
4 Beds
3 Baths
2,874 ft²
$600/ft²
$1,725,000 Sep 21, 2023
-
$874/mo
House
4 Beds
3 Baths
2,509 ft²
$717/ft²
$1,800,000 Jul 7, 2023
-
$668/mo
House
4 Beds
4 Baths
3,071 ft²
$498/ft²
$1,529,000 Jul 13, 2023
-
$1,237/mo
House
4 Beds
3 Baths
2,364 ft²
$825/ft²
$1,950,000 Oct 21, 2023
-
$1,709/mo
House
3 Beds
3 Baths
1,887 ft²
$1,060/ft²
$1,999,999 Aug 21, 2023
-
$683/mo

About Country Club Section


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Frequently Asked Questions

When was property at 1226 Palermo Avenue built and last sold?
The property at 1226 Palermo Avenue was built in 1925 and last sold on Oct 16, 2023 for $1,620,000.
How much is this home worth?
The estimated value of the home located at 1226 Palermo Avenue is $1,717,000.
What are some comparable homes to 1226 Palermo Avenue?
Homes that are comparable to 1226 Palermo Avenue include a house property at 701 Palermo Avenue, 5720 Coral Way, 2618 Alhambra Circle.

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