1200 WALLACE ST, Coral Gables, FL 33134

1200 WALLACE ST, Coral Gables, FL 33134 is a 5-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1925 with 1,460 square feet of living space on a 5,350 square foot lot. The property is currently owned by WAYNE HEMMINGS, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-01-14 for $400,000, when RODOLFO GONZALEZ sold to WAYNE HEMMINGS. The property has appreciated $177,500 (80%) since the prior sale of $222,500 on 2012-07-24. There are 3 recorded sales for this property.

The 2025 assessed value is $518,070 with a market value of $672,418. This breaks down to $518,950 for the land and $153,468 for the building. The assessed value increased 10% from $470,973 in 2024.

The median household income in this area is $138,462, and the median home value is $810,800. The population density is 5,709 people per square mile. 1200 WALLACE ST, Coral Gables, FL 33134 is located in Coral Gables, Florida.

Property records, tax assessments, sales history, and ownership information for this Coral Gables property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1999 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 130% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $274 per square foot — a key metric for comparing value across Coral Gables's real estate market..