1248 ALGERIA AVE, Coral Gables, FL 33134

1248 ALGERIA AVE, Coral Gables, FL 33134 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1980 with 2,728 square feet of living space on a 5,000 square foot lot. The property is currently owned by LFFRE LLC, recorded as of 2026-06-20. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-05-28 for $2,222,300, when ONIX DEVELOPMENT LLC sold to LFFRE LLC. There are 5 recorded sales for this property. The 2025 assessed value is $929,088 with a market value of $929,088.

This breaks down to $485,000 for the land and $444,088 for the building. The assessed value increased 11% from $836,050 in 2024. 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 $537,000 recorded against this property. 1248 ALGERIA AVE, 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 1989 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 42% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $815 per square foot — a key metric for comparing value across Coral Gables's real estate market..