NOT LISTED FOR SALE

1500 Madrid St Coral Gables, FL 33134

Granada Neighborhood

Estimated Value: $1,270,000 - $1,412,000

2 Beds
2 Baths
1,603 Sq Ft
$829/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2025

Last sale price $1,320,000 $823 Per Sq Ft

Current estimated payment $8,139 / mo

48 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Coral Gables Preparatory Academy Rated A-
  • Porch
  • Views

About This Home

As of September 2025

1500 Madrid St is a beautifully updated Mediterranean-style home in Coral Gables. Built in 1925, this 2-bed, 2-bath home blends classic charm with modern touches. The 1,603 sq ft of living space features brand-new Wood floors and a stunning kitchen with exotic quartz counters. The curb appeal is unmatched, showcasing a perfect mix of history and style. This home is a true gem, offering both character and contemporary comfort in one of Miami’s most sought-after neighborhoods.

Last Agent to Sell the Property

Cesar Diaz

Vreeland Real Estate LLC License #3094794 Listed on: 07/27/2025

Last Buyer's Agent

Maite Alvarez

Compass Florida, LLC License #0535220

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,908

Year Built

  • Built in 1925

Lot Details

  • 5,250 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Home Design

  • Flat Roof with Façade front
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • Porch

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Gables Granada Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-07-018-6100

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,908

Year Built

Built in 1925

Lot Details

5,250 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GABLES GRANADA SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1320000
  • InternetRemarks: Updated 2-bed, 2-bath Mediterranean home in Coral Gables. Built in 1925, with porcelain floors, exotic quartz kitchen, and unmatched curb appeal.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1603
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Other
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Flat Tile, Flat Roof With Facade Front
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES GRANADA SEC
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other, Paved Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-07-018-6100
  • Lot Size Sq Ft: 5250
  • Zoning: 0100

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2025
Closed on
Sep 18, 2025
Sold by
Monteiro Kempf Facundo and Monteiro Caroline Gabela-Monteiro
Bought by
Alicia M Cuervo Living Trust and Cuervo
Seller's Agent
Cesar Diaz
Vreeland Real Estate LLC
Buyer's Agent
Maite Alvarez
Compass Florida, LLC
List Price
$1,395,000
Sold Price
$1,320,000
Premium/Discount to List
-$75,000
-5.38%
Views
49
Current Estimated Value
$1,323,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,079
Avg. Annual Appreciation
0.97%

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 4, 2022
Sold by
Ivan Hernandez
Bought by
Kempf Facundo Monteiro and Gabela-Monteiro Caroline
Seller's Agent
Jonathan Gilman
Coldwell Banker Realty
Buyer's Agent
Angie Blanco
EXP Realty South LLC
List Price
$1,190,000
Sold Price
$1,010,000
Premium/Discount to List
-$180,000
-15.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$202,000
Interest Rate
4.99%

Purchase Details

Listed on
Jan 23, 2020
Closed on
May 28, 2020
Sold by
Calvert Cason Margaret Corinne and Calvert John
Bought by
Hernandez Ivan
Seller's Agent
Carole Smith
Compass Florida, LLC
Buyer's Agent
Jonathan Gilman
Coldwell Banker Realty
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.60%
Original Mortgage
$503,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Calvert Rebecca P
Bought by
Rebeca Phillips Calvert Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alicia M Cuervo Living Trust $1,320,000 None Listed On Document
Kempf Facundo Monteiro $1,010,000 A & A Title
Hernandez Ivan $530,000 Attorney
Rebeca Phillips Calvert Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kempf Facundo Monteiro $202,000
Previous Owner Kempf Facundo Monteiro $606,000
Previous Owner Hernandez Ivan $503,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 Sold $1,320,000 -5.4% $823 / Sq Ft
09/13/2025 09/13/25 Pending -- -- --
07/27/2025 07/27/25 For Sale $1,395,000 +38.1% $870 / Sq Ft
08/04/2022 08/04/22 Sold $1,010,000 +1.0% $630 / Sq Ft View Prior Sale
07/02/2022 07/02/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $1,000,000 -16.0% $624 / Sq Ft
05/26/2022 05/26/22 For Sale $1,190,000 +124.5% $742 / Sq Ft
06/04/2020 06/04/20 Sold $530,000 -7.8% $389 / Sq Ft View Prior Sale
05/10/2020 05/10/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $575,000 -4.0% $422 / Sq Ft
01/23/2020 01/23/20 For Sale $599,000 -- $439 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,908 $767,894 -- --
2024 $12,586 $746,253 -- --
2023 $12,586 $724,518 $0 $0
2022 $8,610 $458,446 $0 $0
2021 $8,675 $445,094 $262,500 $182,594
2020 $8,686 $409,056 $246,750 $162,306
2019 $964 $198,904 $0 $0
2018 $70 $195,196 $0 $0
2017 $70 $191,182 $0 $0
2016 $70 $187,250 $0 $0
2015 $70 $185,949 $0 $0
2014 $70 $184,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cesar Diaz

    Seller's Agent in 2025

    Cesar Diaz

    Vreeland Real Estate LLC

    (786) 286-1665

    2 in this area

    16 Total Sales

    Cesar Diaz
    Section Image
  • Maite Alvarez

    Buyer's Agent in 2025

    Maite Alvarez

    Compass Florida, LLC

    (305) 609-6869

    2 in this area

    47 Total Sales

    Maite Alvarez
    Section Image
  • Jonathan Gilman

    Seller's Agent in 2022

    Jonathan Gilman

    Coldwell Banker Realty

    (786) 486-9560

    4 in this area

    87 Total Sales

    Jonathan Gilman
    Section Image
  • Angie Blanco

    Buyer's Agent in 2022

    Angie Blanco

    EXP Realty South LLC

    (786) 738-2252

    1 in this area

    30 Total Sales

    Angie Blanco
    Section Image
  • Carole Smith

    Seller's Agent in 2020

    Carole Smith

    Compass Florida, LLC

    (305) 710-1010

    5 in this area

    171 Total Sales

    Carole Smith
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11847812

MIAMI REALTORS® MLS

APN: 03-4107-018-6100

Florida Miami/Dade County Coral Gables 33134 Granada

1500 Madrid St, Coral Gables, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.