2 months on rocket

1556 Palermo Ave, Coral Gables, FL, 33134

$1,490,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,701 SqFt
$876/SqFt
House

Location

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1556 Palermo Ave, Coral Gables$1,490,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built1956
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11654857
StatusActive

About 1556 Palermo Ave

This stunning 3-bedroom, 2-bathroom home in the heart of Coral Gables offers an exceptional blend of modern comfort and timeless charm. Recently renovated with beautiful wooden floors throughout and both bathrooms newly remodeled, the open living area is bathed in natural light, thanks to the inviting skylight. The property includes a spacious garage and is perfectly situated just a short walk from iconic landmarks such as the Biltmore Hotel and the Alhambra Water Tower. Enjoy the vibrant Coral Gables lifestyle with easy access to renowned attractions, dining, and shopping, all while residing in a truly elegant and warm home.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1956
  • Living Area: 1,701 SqFt

Listing Office:

  • Office Name: JMK Real Estate Agents LLC
  • Office Phone: (305) 930-1160
  • Listing Agent: Jessica Nasib

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, First Floor Entry, Living/Dining Room, Split Bedrooms, Skylights

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1556 Palermo Ave
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head west on SW 8th St, turn left onto SW 37th Ave/Douglas Rd, and continue for 1.5 miles. Turn right onto Coral Way, then left onto Anderson Rd. Continue for 0.4 miles, then turn right onto Palermo Ave. Destination: 1556 Palermo Ave, Coral Gables 33134.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,490,000
  • Price Per SqFt: $876/SqFt

Tax Information:

  • Annual Amount: $4,441
  • Tax Year: 2020
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Housing Market Comparison

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

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Coral Gables, FL

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

41

# of Sold Homes

35

1556 Palermo Ave vs Coral Gables

64 DAYS ON ROCKET

+23 Days

$1,490,000

+$210K More

$876/SqFt

+$157 More

KEY TAKEAWAY

This property is $210K more than the Median Sold Price and $157/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: #A11654857

Listing Office:

  • Office Name: JMK Real Estate Agents LLC
  • Office Phone: (305) 930-1160
  • Listing Agent: Jessica Nasib

IDX © 2024 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: 11/15/2024, 3:20:47 AM 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$4,441$224,655
2018$3,932$215,511
2017$3,762$211,079

History based on county public records data.

Payment Calculator

$7,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,534

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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-314219
8
/10

  • Sylvania Heights Elementary School

  • 5901 SW 16th St

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-314220
8
/10

  • David Fairchild Elementary School

  • 5757 SW 45th St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-314221
8
/10

  • Coral Terrace Elementary School

  • 6801 SW 24th St

  • 1.23 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 $86,207. Most Coral Gables, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1556 Palermo Ave

What is the listing price of this property?

The listing price of 1556 Palermo Ave property is $1,490,000.

What type of property is this?

The property 1556 Palermo Ave is a house located in Coral Gables, Florida, 33134.

Is this property for sale now?

Active Listing: 1556 Palermo Ave 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 $4,441 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1556 Palermo Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1556 Palermo Ave is 1,701 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1556 Palermo Ave is 1956.

Rocket Homes›Florida›Miami-Dade County›Coral Gables›33134›1556 Palermo Ave

This home is located at 1556 Palermo Ave in Coral Gables, FL and zip code 33134 in the Granada neighborhood. This 1,701 square foot home was built in 1956. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,490,000.

While more than 4 listings in Coral Gables, FL in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Coral Gables, FL increased by 11.6% between September 2024 and October 2024. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,280,000.

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

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