227 VELARDE AVE, Coral Gables, FL 33134

Parcel: 0341170074560 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$256,265

Property Details

Beds
3
Baths
2
Living Sqft
1,496
Year Built
1950
Lot Sqft
6,527
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$115,000
1993-02-01

Tax Assessment History

$256,265
Assessed (2025)
$919,889
Market Value
$205,543
Taxable Value
$4,185
Annual Tax
2024
$249,043
$867,571
2025
$256,265
$919,889
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $256,265 $919,889 $205,543 $4,185
2024 $249,043 $867,571 $199,043 $4,052

About 227 VELARDE AVE, Coral Gables, FL 33134

227 VELARDE AVE, Coral Gables, FL 33134 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 1,496 square feet of living space on a 6,527 square foot lot. The property is currently owned by PEDRO PABLO BRAVO & ROSAMARIA DEVELASCO, 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 1993-02-01 for $115,000. The 2025 assessed value is $256,265 with a market value of $919,889. This breaks down to $717,970 for the land and $201,919 for the building.

The assessed value increased 3% from $249,043 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $131,786, and the median home value is $965,900.

The population density is 4,308 people per square mile. There are active mortgage liens totaling $456,809 recorded against this property. 227 VELARDE 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 current assessed value represents 223% 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 $77 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

PEDRO PABLO BRAVO & ROSAMARIA DEVELASCO
227 VELARDE AVE, CORAL GABLES, FL, 33134-7325
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,475 — $6,437
Flood $400 — $800
Property/Wind $3,075 — $5,637

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$131,786
Median Home Value$965,900
Pop. Density4,308/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 →

Mortgages

ACTIVE
$487,500
~$456,809 bal.
UNITED WHOLESALE MORTGAGE · 2021-02-22
Est. Total Balance $456,809
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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