240 MAJORCA AVE 240, Coral Gables, FL 33134

Parcel: 0341080710010 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$242,000

Property Details

Beds
2
Baths
2.5
Living Sqft
1,005
Year Built
1986
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$85,000
1987-03-01
2
$100non-market transfer
2009-02-12
GEORGE V LANZA &W NANCINANCI V LANZA TRS
3
$267,000
2011-09-28
NANCI V LANZA TRSMARIA VELEZ COUTO

Tax Assessment History

$242,000
Assessed (2025)
$409,630
Market Value
$191,278
Taxable Value
$3,894
Annual Tax
2024
$235,180
$409,630
2025
$242,000
$409,630
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $242,000 $409,630 $191,278 $3,894
2024 $235,180 $409,630 $185,180 $3,770

About 240 MAJORCA AVE 240, Coral Gables, FL 33134

240 MAJORCA AVE 240, Coral Gables, FL 33134 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1986 with 1,005 square feet of living space. The property is currently owned by MARIA VELEZ COUTO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-09-28 for $267,000, when NANCI V LANZA TRS sold to MARIA VELEZ COUTO. The property has appreciated $266,900 (266900%) since the prior sale of $100 on 2009-02-12. There are 3 recorded sales for this property.

The 2025 assessed value is $242,000 with a market value of $409,630. The assessed value increased 3% from $235,180 in 2024. The property has the following tax exemptions: homestead.

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. 240 MAJORCA AVE 240, 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 1987 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price.

Based on the most recent sale, this property traded at $266 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

MARIA VELEZ COUTO
240 MAJORCA AVE #240, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,820 — $5,156
Flood $400 — $800
Property/Wind $2,420 — $4,356

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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