5840 MAGNOLIA LN, Coral Gables, FL 33156

5840 MAGNOLIA LN, Coral Gables, FL 33156 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1973 with 3,635 square feet of living space on a 22,940 square foot lot. The property is currently owned by CHRISTOPHER T BLAKELY GERALDINE BLAKELY, 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 2019-06-25 for $1,200,000, when BARBARA COOPER sold to CHRISTOPHER T BLAKELY . The 2025 assessed value is $1,517,200 with a market value of $1,835,677. This breaks down to $1,261,700 for the land and $573,977 for the building.

The assessed value increased 3% from $1,474,442 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $250,001, and the median home value is $2,000,001.

The population density is 1,674 people per square mile. There are active mortgage liens totaling $1,231,332 recorded against this property. 5840 MAGNOLIA LN, Coral Gables, FL 33156 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 2019, with 2 recorded transactions in the public record. The current assessed value represents 126% 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 $330 per square foot — a key metric for comparing value across Coral Gables's real estate market..