4040 PALMARITO ST, Coral Gables, FL 33146

4040 PALMARITO ST, Coral Gables, FL 33146 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1990 with 2,406 square feet of living space on a 6,475 square foot lot. The property is currently owned by MICHAEL HOE KNUDSEN VALERIA MARIA ZANATTI, recorded as of 2026-04-26. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-13 for $2,300,000, when ELISE Y SHARP sold to MICHAEL HOE KNUDSEN. The property has appreciated $1,946,000 (550%) since the prior sale of $354,000 on 2025-08-20. There are 7 recorded sales for this property.

The 2025 assessed value is $1,221,655 with a market value of $1,269,326. This breaks down to $841,750 for the land and $427,576 for the building. The assessed value increased 10% from $1,110,596 in 2024.

The median household income in this area is $119,817, and the median home value is $907,400. The population density is 4,920 people per square mile. There are active mortgage liens totaling $702,431 recorded against this property.

4040 PALMARITO ST, Coral Gables, FL 33146 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 2023 to 2026, with 7 recorded transactions in the public record.

The current assessed value represents 53% 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 $956 per square foot — a key metric for comparing value across Coral Gables's real estate market..