NOT LISTED FOR SALE

842 Palermo Ave Coral Gables, FL 33134

Country Club Section Neighborhood

Estimated Value: $3,173,170

5 Beds
5 Baths
4,456 Sq Ft
$712/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $1,595,000 $358 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $19,402/month

4 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • George W. Carver Elementary School Rated A
  • Garage Apartment
  • 3-minute walk to Catalonia Park

About This Home

As of November 2014

"Piazza del Palermo" Architecturally significant impeccably renovated 5/5 compound in the Heart of Coral Gables. Landmark home w/ amazing Zen courtyard & heated pool on corner 14,000+ SF lot perfect for entertaining. Pristine verandas connect all 3 reside nces. Main house has a gourmet kitchen, refinished gleaming hardwood & marble floors & vintage fireplace. Newly restored separate master suite w/ 5 star amenities. Rental income producing guest house above 2 car garage. Stroll to Miracle Mile or Biltmore.

Last Agent to Sell the Property

Jill Penman

One Sotheby's International Realty License #3055685 Listed on: 10/17/2014

One Sotheby's International Realty

Last Buyer's Agent

Cristina Soler

One Sotheby's International Realty License #0612869

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,800

Year Built

  • Built in 1939

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 110x135
  • Northwest Facing Home
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Property is zoned 10/S FM

Parking

  • 2 Car Garage
  • Garage Apartment
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,456 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Exterior Lighting

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen
  • Guest House Has A Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Coral Gables Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-18-004-0680

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,800

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: GRANADA BOULEVARD TO PALERMO, EAST TO PROPERTY ON RIGHT
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 110x135
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL GABLES COUNTRY CLUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Garage, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Vaulted Ceiling(s), Volume Ceilings, Den/Library/Office, Family Room, Florida Room, Garage Apartment, Separate Guest/In-Law Quarters, Storage, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4456
  • Possible Use: Primary
  • Window Features: Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom, Other
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Garage Apartment, Separate Guest/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Oversized Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: CORAL GABLES COUNTRY CLUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-18-004-0680
  • Lot Size Sq Ft: 14070
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Cohen Robert L and Cohen Lucy
Bought by
Cohen Robert L and Cohen Lucy
Current Estimated Value
$3,173,170

Purchase Details

Listed on
Oct 17, 2014
Closed on
Oct 17, 2014
Sold by
Murphy Todd and Murphy Lillian
Bought by
Robert
Seller's Agent
Jill Penman
One Sotheby's International Realty
Buyer's Agent
Cristina Soler
One Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$1,050,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 2011
Sold by
Citibank Na
Bought by
Murphy Todd and Murphy Lillian

Purchase Details

Closed on
Oct 19, 2011
Sold by
Citibank Na
Bought by
Citibank Na

Purchase Details

Closed on
Mar 19, 2010
Sold by
Infante Marisa
Bought by
Citibank Na

Purchase Details

Closed on
Aug 25, 2006
Sold by
Primacy Closing Corp
Bought by
Infante Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
8.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2006
Sold by
Fry Edmund M and Fry Suzanne M
Bought by
Primacy Closing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
8.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Shepard Richard C and Quraeshi Samina S
Bought by
Fry Edmund M and Bennett Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 1999
Sold by
Wedemyer Ida K V
Bought by
Shepard Richard C and Quraeshi Samina S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cohen Robert L -- New Title Company Name
Robert $1,595,000 Stewart Title Company
Murphy Todd $845,000 Landcastle Title Llc
Citibank Na -- Landcastle Title Llc
Citibank Na $591,200 None Available
Infante Marisa $1,750,000 None Available
Primacy Closing Corp $1,750,000 None Available
Fry Edmund M $1,100,000 --
Shepard Richard C $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert $1,050,000
Previous Owner Murphy Todd N $417,000
Previous Owner Infante Marisa $1,225,000
Previous Owner Primacy Closing Corp $1,225,000
Previous Owner Fry Edmund M $500,000
Previous Owner Fry Edmund M $880,000
Previous Owner Shepard Richard C $546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $1,595,000 0.0% $358 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $1,595,000 -- $358 / 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 $24,331 $1,413,616 -- --
2024 $24,678 $1,373,777 -- --
2023 $24,678 $1,333,765 $0 $0
2022 $23,013 $1,294,918 $0 $0
2021 $23,861 $1,257,202 $0 $0
2020 $22,697 $1,239,845 $0 $0
2019 $22,228 $1,211,970 $703,688 $508,282
2018 $21,340 $1,192,225 $0 $0
2017 $21,161 $1,167,704 $0 $0
2016 $22,470 $1,173,081 $0 $0
2015 $22,833 $1,169,787 $0 $0
2014 $15,932 $837,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Penman

    Seller's Agent in 2014

    Jill Penman

    One Sotheby's International Realty

    (786) 321-2190

    1 in this area

    125 Total Sales

    Section Image
  • Cristina Soler

    Buyer's Agent in 2014

    Cristina Soler

    One Sotheby's International Realty

    (305) 505-1406

    9 Total Sales

    Section Image
  • Rene Iglesias

    Buyer Co-Listing Agent in 2014

    Rene Iglesias

    One Sotheby's International Realty

    (305) 803-7779

    10 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2021127

MIAMI REALTORS® MLS

APN: 03-4118-004-0680

Florida Miami/Dade County Coral Gables 33134 Country Club Section

842 Palermo Ave, Coral Gables, FL

This home is located at 842 Palermo Ave, Coral Gables, FL 33134 since 17 October 2014 and is currently priced at $3,173,170, approximately $712 per square foot. This property was built in 1939. 842 Palermo Ave is a home located in Miami-Dade County with nearby schools including George W. Carver Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

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.

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