505 Palermo Avenue

Coral Gables, FL 33134

$1,900,000
Last Sold Price
4
Beds
3
Baths
1
1/2 Bath
2,565 Sq. Ft.
$741 / Sq. Ft.
2,565
Sq. Ft.
$741
per Sq. Ft.

Description

EXCEPTIONAL single family home in the esteemed heart of Coral Gables on a double corner lot. This single level residence in The City Beautiful enjoys an enlarged and gracious outdoor social area and stunning landscaping. The interior boasts a distinct floor plan with the main house consisting of three bedrooms, two and a half baths, a new kitchen with custom cabinets, a large den area with multiple uses making it flexible for the next homeowner's needs. Finally there is a separate in-law suite with...EXCEPTIONAL single family home in the esteemed heart of Coral Gables on a double corner lot. This single level residence in The City Beautiful enjoys an enlarged and gracious outdoor social area and stunning landscaping. The interior boasts a distinct floor plan with the main house consisting of three bedrooms, two and a half baths, a new kitchen with custom cabinets, a large den area with multiple uses making it flexible for the next homeowner's needs. Finally there is a separate in-law suite with a full bathroom, kitchenette and separate entrance. All bathrooms are updated and the Master bathroom features a “spa” like wet room. Additionally, there is room for a pool or an addition allowing for a custom build-out.

Listing Agent

  1. Charles Irwin

    Charles Irwin

    Listing Agent

    Compass

Property Details for 505 Palermo Avenue

Subdivision
CORAL GABLES BILTMORE SEC
Style
R30-No Pool/No Water
Waterfront
No
View
Other View
Area
41
Auction
No
Sq Ft Total
2903
Sq Ft Liv Area
2565.0

Location

Sold By Sterling Equity Realty LLC

Add your commute
LISTING UPDATED: 11/11/2022 01:13 PM

Property Details for 505 Palermo Avenue

StatusClosed
MLS #A11268614
Days on Market5
Taxes$14,746 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1941
Lot Size0.29 AC / 12,570 SF
CountyMiami-Dade County

Location

Sold By Sterling Equity Realty LLC

Add your commute

Virtual Tour

Building Information for 505 Palermo Avenue

Stories1Year Built1941Building Size-Lot Size0.29 AC / 12,570 SF

Payment Calculator

$11,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$1,229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Palermo Avenue

Location Information
Location Information
  • Parcel Number Free Text: 03-41-17-008-3470
  • Parcel Number MLX: 3470
  • MLS Area: 41
  • Municipal Code: 3
  • Township Range: 41
  • Section: 17
  • Subdivision Number: 8
  • Subdivision Complex Bldg: CORAL GABLES BILTMORE SEC
  • Zoning Information: 0100
General Information
Parking
  • Num Garage Spaces: 1
  • Garage Description: Attached
  • Parking Description: Driveway
General Information
  • Front Exposure: South
  • Housing Older Persons Act: Unverified
  • Property Sq Ft: 12570
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Pool: No
  • Design: Attached
  • Design Description: One Story
  • Construction: Concrete Block With Brick
  • Construction Type: Concrete Block With Brick
  • Roof Description: Flat Roof With Facade Front, Curved/S-Tile Roof
  • Flooring: Ceramic Floor, Wood Floors
  • Floor Description: Ceramic Floor, Wood Floors
Room Information
Room Information
  • Rooms Description: Family Room, Studio Apartment
  • Bedroom Description: Master Bedroom Ground Level, Master Bath Shower, Master Bath Tub
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Fireplace
  • Equipment Appliances: Icemaker, Electric Range, Refrigerator
  • Exterior Features: Room For Pool
  • Subdivision Information: No Subdiv/Park Info
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2022
  • Tax Information: Tax Reflects Homestead Tax
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished

Property History for 505 Palermo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Palermo Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$27,282 ($2,274 / month)
Home Facts
Beds4Total Finished SqFt2,565 SqFtAbove Grade Finished SqFt2,565 SqFtStories1Lot Size12,570 SqFtStyleSingle Family ResidenceYear Built1941Year Renovated2014Zoning0100:SINGLE FCountyMIAMI-DADEAPN03-4117-008-3470

Schools near 505 Palermo Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Coral Gables Preparatory Academy
PublicPK to 8

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.