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422 Palermo Ave

Coral Gables, FL 33134

3 bd 3 ba 2,804 sqft Built 1947 Lot 10,000 sqft single_family
Most recent sale
$1,225,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2022 Listing removed $6,950 MiamiMLS
Oct 31, 2022 Price changed for rent $6,950 MiamiMLS
Oct 12, 2022 Listed for rent $7,900 MiamiMLS
Mar 29, 2022 Sold $1,225,000 MLS #A11092187
Dec 8, 2021 Price changed $1,350,000 MLS #A11092187
Aug 31, 2021 Listed $980,000 MLS #A11092187
Aug 30, 2021 Listing removed $998,000 MiamiMLS
Dec 6, 2020 Price changed $998,000 MLS #A10965616
Dec 3, 2020 Listed $1,150,100 MLS #A10965616
Jul 10, 2000 Sold $295,000 Public Record
Mar 18, 1999 Sold $292,000 Public Record
Mar 22, 1995 Sold $215,000 Public Record
May 24, 1991 Sold $171,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $391,809 $749,760 $1,141,569 $21,907
2020 $517,571 $9,968
2019 $505,935 $9,767
2018 $496,502 $9,373
2017 $486,290 $9,287
2016 $476,288 $9,262
2015 $472,978 $8,491
2014 $469,225 $8,605
2013 $462,291 $8,453
2012 $578,960 $8,257
2011 $441,325 $8,121
2010 $434,803 $8,582
2009 $423,372 $7,874
2008 $422,950 $7,517

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,804 sqft
Lot size
10,000 sqft
ZIP code
33134
City
Coral Gables
Street
Palermo Ave
Coordinates
25.74471, -80.26342

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,187
Gross rental yield
5.08%
Implied cap rate
3.30%
Trend-extrapolated value

Frequently asked questions

When did 422 Palermo Ave last sell?
422 Palermo Ave most recently sold on Mar 29, 2022 for $1,225,000.
What is the current tax assessment for 422 Palermo Ave?
The most recent total assessment for 422 Palermo Ave (year 2023) is $1,141,569 with $21,907 in property tax.
How does 422 Palermo Ave's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $1,225,000.
When was 422 Palermo Ave built?
422 Palermo Ave was built in 1947.
How does 422 Palermo Ave compare to others on Palermo Ave?
We track 8 other properties on Palermo Ave. Browse the list under "Other properties on Palermo Ave" to compare beds, baths, and sale history.
What are the property facts for 422 Palermo Ave?
422 Palermo Ave is a 3 bed, 3 bath, 2,804 sqft, 10,000 sqft lot single_family.
Is 422 Palermo Ave a flip candidate?
No — 422 Palermo Ave does not appear in our flips dataset.
Is 422 Palermo Ave a tax-appeal candidate?
No — 422 Palermo Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$1.64M
2026 Q4
$1.66M
ZIP 33134 — Median Price History + Forecast

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