6705 RED RD 408, Coral Gables, FL 33143

Parcel: 0341300350190 · Office Building - Multistory · Condominium - Commercial · Zoning: 6600

Assessed Value (2025)
$767,944

Property Details

Living Sqft
1,149
Year Built
2007
OFFICE BUILDING - MULTISTORY : CONDOMINIUM - COMMERCIAL

Sales History

1
$550,000
2007-11-01
2
$428,295-22%
2007-11-01
3
$485,000+13%
2011-04-14
GEORGE BORDENAVEGBA WELLNESS LLC

Tax Assessment History

$767,944
Assessed (2025)
$781,320
Market Value
$767,944
Taxable Value
$15,635
Annual Tax
2024
$698,131
$723,870
2025
$767,944
$781,320
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $767,944 $781,320 $767,944 $15,635
2024 $698,131 $723,870 $698,131 $14,213

About 6705 RED RD 408, Coral Gables, FL 33143

6705 RED RD 408, Coral Gables, FL 33143 is a office building - multistory : condominium - commercial built in 2007 with 1,149 square feet of living space. The property is currently owned by GBA WELLNESS LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-04-14 for $485,000, when GEORGE BORDENAVE sold to GBA WELLNESS LLC. The property sold for $65,000 less than the prior sale of $550,000 on 2007-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $767,944 with a market value of $781,320. The assessed value increased 10% from $698,131 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. 6705 RED RD 408, Coral Gables, FL 33143 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 2011, with 3 recorded transactions in the public record. The current assessed value represents 158% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $422 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

GBA WELLNESS LLC
6705 RED RD #408, CORAL GABLES, FL, 33143
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$5,007 — $8,479
Flood $400 — $800
Property/Wind $4,607 — $7,679

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 33143

46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →
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