7161 LAGO DR E, Coral Gables, FL 33143

7161 LAGO DR E, Coral Gables, FL 33143 is a 5-bedroom, 5.5-bathroom residential - single family : 1 unit built in 1982 with 3,962 square feet of living space on a 16,800 square foot lot. The property is currently owned by JOSE LUIS VALERA NALVIS VALERA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-02-18 for $1,900,000, when PERRI YOUNG sold to JOSE LUIS VALERA. The property sold for $200,000 less than the prior sale of $2,100,000 on 2007-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,289,785 with a market value of $2,983,562. This breaks down to $2,184,000 for the land and $799,562 for the building. The assessed value increased 3% from $1,253,436 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $183,944, and the median home value is $2,000,000. The population density is 1,064 people per square mile.

7161 LAGO DR E, 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 1990 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 68% 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 $480 per square foot — a key metric for comparing value across Coral Gables's real estate market..