new - 2 days on rocket

1205 Wallace St, Coral Gables, FL, 33134

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
2,232 SqFt
$874/SqFt
House

Location

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1205 Wallace St, Coral Gables$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1989
HeatingNone
CoolingCentral Air, Ceiling Fan(s)
ViewNone
MLS #A11678805
StatusActive

About 1205 Wallace St

Discover this stunning, renovated 5-bedroom, 4-bathroom home in Coral Gables, a highly sought-after neighborhood near the University of Miami. Perfect as a family residence or investment property, it offers a spacious layout with a formal living room, dining area, cozy family room, and a chef’s dream kitchen featuring stainless steel appliances, ample storage, and a dine-in countertop. Vaulted ceilings and elegant tile flooring enhance its charm. The property includes two independent 1-bedroom, 1-bathroom units with private entrances, ideal for guests or rental income. Just minutes from Miracle Mile, major highways, dining, shopping, and top schools, this home blends convenience and luxury. Don’t miss this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story, Two Story
  • Year Built: 1989
  • Stories: 1
  • Living Area: 2,232 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Built-in Features, First Floor Entry, Main Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fruit Trees, Lighting, Patio

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 1205 Wallace St
Virtual Tour

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $874/SqFt

Tax Information:

  • Annual Amount: $7,046
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Coral Gables, FL.

Map thumbnail provided by MapBox

Coral Gables, FL

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$723

Avg. Days On Market

63

# of Sold Homes

45

1205 Wallace St vs Coral Gables

2 DAYS ON ROCKET

-61 Days

$1,950,000

+$647K More

$874/SqFt

+$151 More

KEY TAKEAWAY

This property is $647K more than the Median Sold Price and $151/SqFt more than other homes in Coral Gables, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11678805

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,046$358,990
2018$6,632$344,376
2017$6,569$337,293

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-670042
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-670043
8
/10

  • Sylvania Heights Elementary School

  • 5901 SW 16th St

  • 0.99 miles

  • Public District Grades PK-5

school-card-donut-670044
6
/10

  • Fairlawn Elementary School

  • 444 SW 60th Ave

  • 1.10 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,529. The majority of Coral Gables, FL residents have income $200k+ annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1205 Wallace St

What is the listing price of this property?

The listing price of 1205 Wallace St property is $1,950,000.

What type of property is this?

The property 1205 Wallace St is a house located in Coral Gables, Florida, 33134.

Is this property for sale now?

Active Listing: 1205 Wallace St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,046 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1205 Wallace St has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1205 Wallace St is 2,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1205 Wallace St is 1989.

Rocket Homes›Florida›Miami-Dade County›Coral Gables›33134›1205 Wallace St

This home is located at 1205 Wallace St in Coral Gables, FL and zip code 33134 in the North Gables neighborhood. This 2,232 square foot home was built in 1989. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $1,950,000.

Over 2 listings were sold over their listed price in December 2024 in Coral Gables, FL. In the same period over 39 listings were sold below the listed price and 4 listings were sold for the listed price. In December 2024 in Coral Gables, FL there were 5.7% more homes for sale than in November 2024. While the average time on the market in December 2024 was 63 days, the median list price was $1,302,976.

From Rocket Homes Real Estate and based on county public records data.

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