505 SOLANO PRADO, Coral Gables, FL 33156

505 SOLANO PRADO, Coral Gables, FL 33156 is a 6-bedroom, 5.5-bathroom residential - single family : 1 unit built in 2016 with 6,070 square feet of living space on a 20,300 square foot lot. The property is currently owned by R BLANE WALTER C/O TALISMAN CAPITAL PARTNERS, 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 2021-07-14 for $14,200,000, when CESAR ALVAREZ sold to R BLANE WALTER. The property has appreciated $10,400,000 (274%) since the prior sale of $3,800,000 on 2014-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $12,723,327 with a market value of $13,484,522. This breaks down to $6,090,000 for the land and $7,394,522 for the building. The assessed value increased 3% from $12,364,750 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.

505 SOLANO PRADO, 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 2010 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $2339 per square foot — a key metric for comparing value across Coral Gables's real estate market..