1500 MADRID ST, Coral Gables, FL 33134

1500 MADRID ST, Coral Gables, FL 33134 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1925 with 1,603 square feet of living space on a 5,250 square foot lot. The property is currently owned by ALICIA MARIA CUERVO TRS ALICIA M CUERVO LIVING TRUST, 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 2025-09-24 for $1,320,000. There are 5 recorded sales for this property. The 2025 assessed value is $767,894 with a market value of $910,725.

This breaks down to $509,250 for the land and $401,475 for the building. The assessed value increased 3% from $746,253 in 2024. The property has the following tax exemptions: homestead.

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 $580,050 recorded against this property.

1500 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 2020 to 2025, with 5 recorded transactions in the public record.

The current assessed value represents 58% 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 $823 per square foot — a key metric for comparing value across Coral Gables's real estate market..