40 MADEIRA AVE, Coral Gables, FL 33134

40 MADEIRA AVE, Coral Gables, FL 33134 is a 16-bedroom, 12-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1947 with 10,816 square feet of living space on a 17,500 square foot lot. The property is currently owned by JOEL INTERNATIONAL CORP % ENRIQUE VICIANA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1987-06-01 for $475,000. The property has appreciated $85,000 (22%) since the prior sale of $390,000 on 1980-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,738,100 with a market value of $3,160,000. This breaks down to $3,150,000 for the land and $10,000 for the building. The assessed value increased 10% from $2,489,182 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. 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. 40 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 1979 to 1987, with 3 recorded transactions in the public record. The current assessed value represents 576% 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 $44 per square foot — a key metric for comparing value across Coral Gables's real estate market..