1226 PALERMO AVE, Coral Gables, FL 33134

Parcel: 0341180031250 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,189,195

Property Details

Beds
4
Baths
2
Living Sqft
2,674
Year Built
1925
Lot Sqft
6,890
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2007-12-01
2
$100non-market transfer
2019-03-25
JOSE TRESPALACIOS &JOSE TRESPALACIOS
3
$1,620,000
2023-10-16
JOSE TRESPALACIOSSIENA GABLES CORP
4
$1,620,000
2023-10-26
5
$2,750,000+70%
2026-02-24
SIENA GABLES CORPJANET SMITH

Tax Assessment History

$1,189,195
Assessed (2025)
$1,189,195
Market Value
$1,189,195
Taxable Value
$24,211
Annual Tax
2024
$1,188,502
2025
$1,189,195
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,189,195 $1,189,195 $1,189,195 $24,211
2024 $1,188,502 $1,188,502 $1,188,502 $24,197

About 1226 PALERMO AVE, Coral Gables, FL 33134

1226 PALERMO AVE, Coral Gables, FL 33134 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1925 with 2,674 square feet of living space on a 6,890 square foot lot. The property is currently owned by JANET SMITH, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-02-24 for $2,750,000, when SIENA GABLES CORP sold to JANET SMITH. The property has appreciated $1,130,000 (70%) since the prior sale of $1,620,000 on 2023-10-26. There are 5 recorded sales for this property.

The 2025 assessed value is $1,189,195 with a market value of $1,189,195. This breaks down to $861,250 for the land and $327,945 for the building. The assessed value increased 0% from $1,188,502 in 2024.

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. 1226 PALERMO 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 2007 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 43% 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 $1028 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

JANET SMITH
1226 PALERMO AVE, CORAL GABLES, FL, 33134
Since: 2026-05-31
View owner profile →

Est. Annual Insurance

$14,670 — $26,962
Flood $400 — $800
Property/Wind $14,270 — $26,162

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 →
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