242 MADEIRA AVE, Coral Gables, FL 33134

Parcel: 0341080060030 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3801

Assessed Value (2025)
$1,111,193

Property Details

Beds
4
Baths
4
Living Sqft
4,012
Year Built
1926
Lot Sqft
5,000
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$49,500
1972-09-01
2
$860,000+1637%
2017-08-21
CALLIOPE PAPAGEORGELUCIA ALAS
3
$100non-market transfer
2017-09-29
LUCY ALAS997 INC

Tax Assessment History

$1,111,193
Assessed (2025)
$1,160,176
Market Value
$1,111,193
Taxable Value
$22,623
Annual Tax
2024
$1,010,176
2025
$1,111,193
$1,160,176
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,111,193 $1,160,176 $1,111,193 $22,623
2024 $1,010,176 $1,010,176 $1,010,176 $20,566

About 242 MADEIRA AVE, Coral Gables, FL 33134

242 MADEIRA AVE, Coral Gables, FL 33134 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1926 with 4,012 square feet of living space on a 5,000 square foot lot. The property is currently owned by 997 INC, 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 2017-09-29 for $100, when LUCY ALAS sold to 997 INC. The property sold for $859,900 less than the prior sale of $860,000 on 2017-08-21. There are 3 recorded sales for this property.

The 2025 assessed value is $1,111,193 with a market value of $1,160,176. This breaks down to $900,000 for the land and $260,176 for the building. The assessed value increased 10% from $1,010,176 in 2024.

The median household income in this area is $124,688, and the median home value is $630,700. The population density is 12,358 people per square mile. 242 MADEIRA 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 1972 to 2017, with 3 recorded transactions in the public record..

Current Owner

997 INC
3909 ALHAMBRA CT, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$13,734 — $25,246
Flood $400 — $800
Property/Wind $13,334 — $24,446

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$124,688
Median Home Value$630,700
Pop. Density12,358/sq mi

Neighborhood 33134

52.2%
Owner-Occ
47.8%
Investor
321
Flips (4yr)
14,561
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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