506 SUNSET DR, Coral Gables, FL 33143

506 SUNSET DR, Coral Gables, FL 33143 is a 6-bedroom, 6-bathroom residential - single family : 1 unit built in 2008 with 7,354 square feet of living space on a 28,600 square foot lot. The property is currently owned by MATTHEW D GULLEN JULYETT GULLEN, 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 2025-12-08 for $7,500,000. There are 5 recorded sales for this property. The 2025 assessed value is $4,747,646 with a market value of $5,401,908.

This breaks down to $2,834,000 for the land and $2,567,908 for the building. The assessed value increased 3% from $4,613,845 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. 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 $4,477,543 recorded against this property. 506 SUNSET DR, 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 2022 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 63% 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 $1020 per square foot — a key metric for comparing value across Coral Gables's real estate market..