6820 PALLAZZO ST, Coral Gables, FL 33146

Parcel: 0341300080800 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$639,843

Property Details

Beds
3
Baths
3
Living Sqft
1,955
Year Built
1968
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2006-12-01
2
$510,825
2012-02-27
TAMARA M CARLESSMARTHA GARAY TRS
3
$875,000+71%
2021-07-09
MARTHA GARAY TRSLUIS ALBERTO VELEZ

Tax Assessment History

$639,843
Assessed (2025)
$1,049,145
Market Value
$589,121
Taxable Value
$11,994
Annual Tax
2024
$621,811
$1,091,524
2025
$639,843
$1,049,145
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $639,843 $1,049,145 $589,121 $11,994
2024 $621,811 $1,091,524 $571,811 $11,642

About 6820 PALLAZZO ST, Coral Gables, FL 33146

6820 PALLAZZO ST, Coral Gables, FL 33146 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1968 with 1,955 square feet of living space on a 5,000 square foot lot. The property is currently owned by LUIS ALBERTO VELEZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-07-09 for $875,000, when MARTHA GARAY TRS sold to LUIS ALBERTO VELEZ . The property has appreciated $364,175 (71%) since the prior sale of $510,825 on 2012-02-27. There are 3 recorded sales for this property.

The 2025 assessed value is $639,843 with a market value of $1,049,145. This breaks down to $725,000 for the land and $324,145 for the building. The assessed value increased 3% from $621,811 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $129,167, and the median home value is $1,954,900. The population density is 4,767 people per square mile.

There are active mortgage liens totaling $457,282 recorded against this property. 6820 PALLAZZO 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 2006 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price. Based on the most recent sale, this property traded at $448 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

LUIS ALBERTO VELEZ
6820 PALLAZO ST, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$8,078 — $14,876
Flood $400 — $800
Property/Wind $7,678 — $14,076

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$129,167
Median Home Value$1,954,900
Pop. Density4,767/sq mi

Neighborhood 33146

59.7%
Owner-Occ
40.3%
Investor
96
Flips (4yr)
3,192
New Biz (3yr)
Distress Risk
MODERATE
28
View full risk analysis →

Mortgages

ACTIVE
$485,000
~$457,282 bal.
FAIRWAY INDEPENDENT MORTGAGE CORP · 2021-07-21
Est. Total Balance $457,282
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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