1403 MADRID ST, Coral Gables, FL 33134

1403 MADRID ST, Coral Gables, FL 33134 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 2024 with 2,887 square feet of living space on a 7,150 square foot lot. The property is currently owned by MIGUEL MARTINEZ ROSAISELLA MARTINEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-09-23 for $637,400, when JOHN C CARSON sold to MIGUEL MARTINEZ. The property has appreciated $533,900 (516%) since the prior sale of $103,500 on 1990-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,299,401 with a market value of $1,625,667. This breaks down to $693,550 for the land and $932,117 for the building. The assessed value increased 263% from $357,546 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $181,346, and the median home value is $933,500. The population density is 5,451 people per square mile. There are active mortgage liens totaling $1,863,054 recorded against this property.

1403 MADRID 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 1988 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 204% 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 $221 per square foot — a key metric for comparing value across Coral Gables's real estate market..