640 ARVIDA PKWY, Coral Gables, FL 33156

640 ARVIDA PKWY, Coral Gables, FL 33156 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1967 with 4,091 square feet of living space on a 43,560 square foot lot. The property is currently owned by NICHOLAS D KELLY &W BARBARA L KELLY, 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 2004-11-01 for $4,400,000. The property has appreciated $3,000,000 (214%) since the prior sale of $1,400,000 on 1992-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $6,922,777 with a market value of $17,504,952. This breaks down to $15,899,400 for the land and $1,605,552 for the building. The assessed value increased 3% from $6,727,675 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.

640 ARVIDA PKWY, 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 1986 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 157% 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 $1076 per square foot — a key metric for comparing value across Coral Gables's real estate market..