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707 Palermo Avenue

707 Palermo Avenue, Miami, FL 33134
Property in Coral Gables
Refi Aug 14, 2015
Transfer
Owner
$189,212 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2030
707 Palermo Avenue in Miami, FL was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 1953. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 707 Palermo Avenue has 1,492 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a garage. The garage is 120 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of a combination of material. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,906 in taxes per year. The property on 707 Palermo Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $414,251. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,812
  • Gross Building Area: 1,812
  • Building Area: 1,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILTMORE ADDN RESUB
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BILTMORE ADDN RESUB PB 42-81 W45FT LOT 10 & E25FT LOT 11 BLK 36 LOT SIZE IRREGULAR OR 21069-4409 08/2003 1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 253
  • District: 03
  • Parcel: 03-4117-011-0090
  • Block: 36
  • Lot: 10,11
  • Meridian: SEC 17 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7449
  • Longitude: -80.2691

    Address

  • Full Address: 707 Palermo Ave
  • Address - House Number: 707
  • Address - Street Name: Palermo
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C047
  • 4-Digit Zip Code: 5617
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,652
  • Tax Year: 2023
  • Tax Amount: $6,906
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,165,358
  • High Value: 1,384,791
  • Low Value: 945,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,212
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 14, 2015
  • First Open Lien Mortgage Loan Amount: $189,212
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $725,054
  • Market Land Value: $524,832
  • Market Improvement Value: $200,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,251

    Exemptions

  • Homeowner Exemption: Yes

About Coral Gables



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Frequently Asked Questions

What neighborhood is 707 Palermo Avenue located in?
The 707 Palermo Avenue is a located in the neighborhood of Coral Gables in Coral Gables, Miami.
What is the average sales price for listings in 707 Palermo Avenue?
The average sales price for units in 707 Palermo Avenue is $0 currently.

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