$1,100,000
SOLD SEP 19, 2023
3 Beds
2 Baths
1,734 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$634 Per Sq Ft

13% Below List Price

96 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Den
  • Coral Gables Preparatory Academy Rated A-
  • No HOA
  • 4-minute walk to Ponce Circle Park

About This Home

As of September 2023

Welcome to 39 Palermo Ave, a stunning property located in the heart of the city of Coral Gables, right next to The Plaza and within walking distance to Miracle Mile. Enjoy easy access to a variety of shops, restaurants, and entertainment options right at your doorstep.
The home features 3 bedrooms, 2 baths, generous living spaces, perfect for comfortable everyday living and entertaining.
With its vintage charm, prime location, and ample living space, this property offers a unique opportunity to create the home of your dreams. Whether you choose to embrace its timeless appeal or infuse it with your personal touch.

Ready to show, call listing agent

Last Agent to Sell the Property

Sandra Valente

Miami Real Estate Broker License #3572915 Listed on: 06/14/2023

Last Buyer's Agent

Liz Hogan

Compass Florida, LLC. License #3045004

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1948

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Converted Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Block With Brick
  • Flat Tile Roof

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Den
  • Workshop
  • Utility Room in Garage
  • Storage Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coral Gables Crafts Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-005-5870

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,819

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Once you reach Coral Gables, locate your position, head towards Ponce de Leon Blvd, turn onto Palermo Ave. This turn may vary depending on your exact starting location.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GABLES CRAFTS SEC
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry, Den/Library/Office, Garage Converted, Storage, Utility/Laundry In Garage, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1734
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Garage Converted, Storage Room, Utility/Laundry In Garage, Workshop

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Construction Type: Concrete Block With Brick
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES CRAFTS SEC
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage, Washer/Dryer Hook-Up
  • Security: Fire Alarm, Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-17-005-5870
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Sep 19, 2023
Sold by
Goodman Kenneth W
Bought by
Bal Ig
Seller's Agent
Sandra Valente
Miami Real Estate Broker
Buyer's Agent
Liz Hogan
Compass Florida, LLC.
List Price
$1,261,000
Sold Price
$1,100,000
Premium/Discount to List
-$161,000
-12.77%
Views
217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.56%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Goodman Kenneth W and Schneider Goodman Jacqueline
Bought by
Goodman Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,084
Interest Rate
3.6%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Goodman Kenneth W and Schneider Goodman Jacqueline
Bought by
Goodman Kenneth W and Schneider Goodman Jacqueline

Purchase Details

Closed on
Oct 28, 2003
Sold by
Marlin Morris S
Bought by
Goodman Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.03%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Closing Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $209,084 No Value Available
Previous Owner $129,935 New Conventional
Previous Owner $220,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $2,237,000 -2.4% $1,000 / Sq Ft
07/09/2025 07/09/25 Price Changed $2,293,000 -2.4% $1,025 / Sq Ft
06/06/2025 06/06/25 For Sale $2,349,000 +113.5% $1,050 / Sq Ft
09/19/2023 09/19/23 Sold $1,100,000 -14.1% $634 / Sq Ft
07/01/2023 07/01/23 Price Changed $1,280,000 +1.5% $738 / Sq Ft
06/14/2023 06/14/23 For Sale $1,261,000 -- $727 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $18,218 $1,057,142 $825,000 $232,142
2024 $7,988 $997,025 $764,883 $232,142
2023 $7,988 $422,141 $0 $0
2022 $6,819 $409,846 $0 $0
2021 $6,791 $397,909 $0 $0
2020 $6,709 $392,416 $0 $0
2019 $6,559 $383,594 $0 $0
2018 $6,269 $376,442 $0 $0
2017 $6,209 $368,700 $0 $0
2016 $6,194 $361,117 $0 $0
2015 $6,266 $358,607 $0 $0
2014 $6,349 $355,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11403494

MIAMI REALTORS® MLS

APN: 03-4117-005-5870