1550 MADRUGA AVE, Coral Gables, FL 33146

1550 MADRUGA AVE, Coral Gables, FL 33146 is a office building - multistory : office building built in 1971 with 55,006 square feet of living space on a 33,000 square foot lot. The property is currently owned by TAMARINDO LLC C/O GIC ASSET MANAGEMENT, 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 2012-09-13 for $10,300,000, when KENNETH D ROSEN sold to TAMARINDO LLC. The property has appreciated $6,790,000 (193%) since the prior sale of $3,510,000 on 1981-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $8,349,000 with a market value of $8,349,000. This breaks down to $8,250,000 for the land and $99,000 for the building. The assessed value decreased 4% from $8,721,000 in 2024.

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. 1550 MADRUGA AVE, 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 1977 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price.

Based on the most recent sale, this property traded at $187 per square foot — a key metric for comparing value across Coral Gables's real estate market..