29 TAHITI BEACH ISLAND RD, Coral Gables, FL 33143

29 TAHITI BEACH ISLAND RD, Coral Gables, FL 33143 is a 7-bedroom, 8.5-bathroom residential - single family : 1 unit built in 1994 with 11,421 square feet of living space on a 41,320 square foot lot. The property is currently owned by IVAN G ORTIZ MARIA SOLANGE DE LA ROCHA, 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 2020-08-31 for $4,063,000, when 29 TAHITI BEACH LLC sold to IVAN G ORTIZ. The property sold for $937,000 less than the prior sale of $5,000,000 on 2017-05-05. There are 3 recorded sales for this property.

The 2025 assessed value is $9,173,312 with a market value of $9,173,312. This breaks down to $5,371,600 for the land and $3,801,712 for the building. The assessed value increased 206% from $3,001,130 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

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. There are active mortgage liens totaling $4,103,647 recorded against this property.

29 TAHITI BEACH ISLAND RD, 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 1998 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 226% 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 $356 per square foot — a key metric for comparing value across Coral Gables's real estate market..