718 VALENCIA AVE 408, Coral Gables, FL 33134

Parcel: 0341170790310 · Residential · Condominium - Residential · Zoning: 5001

Assessed Value (2025)
$966,997

Property Details

Beds
2
Baths
2
Living Sqft
1,647
Year Built
2017
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,130,000
2018-12-27
VALENCIA PARTNERS LPINVERSIONES PALENCIA LLC
2
$1,100,000-3%
2021-08-09
INVERSIONES PALENCIA LLCALAN P DONATH
3
$1,662,500+51%
2025-04-30
ALAN P DONATHDAVID BENJAMIN STORCH
4
$1,662,500
2025-05-12

Tax Assessment History

$966,997
Assessed (2025)
$1,247,838
Market Value
$916,275
Taxable Value
$18,655
Annual Tax
2024
$939,745
$1,177,206
2025
$966,997
$1,247,838
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $966,997 $1,247,838 $916,275 $18,655
2024 $939,745 $1,177,206 $889,745 $18,114

About 718 VALENCIA AVE 408, Coral Gables, FL 33134

718 VALENCIA AVE 408, Coral Gables, FL 33134 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2017 with 1,647 square feet of living space. The property is currently owned by DAVID BENJAMIN STORCH ERIKA LYNN PORRINO, 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 2025-05-12 for $1,662,500. There are 4 recorded sales for this property. The 2025 assessed value is $966,997 with a market value of $1,247,838.

The assessed value increased 3% from $939,745 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $175,528, and the median home value is $829,400.

The population density is 3,972 people per square mile. There are active mortgage liens totaling $1,310,655 recorded against this property. 718 VALENCIA AVE 408, 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 2018 to 2025, with 4 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 $1009 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

DAVID BENJAMIN STORCH ERIKA LYNN PORRINO
718 VALENCIA AVE 408, CORAL GABLES, FL, 33134
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,201 — $10,469
Flood $400 — $800
Property/Wind $5,801 — $9,669

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$175,528
Median Home Value$829,400
Pop. Density3,972/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 5.5% rate
$1,330,000
~$1,310,655 bal.
CITIBANK NA · 2025-05-12
Est. Total Balance $1,310,655
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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