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$1,440,000

Beds
3
Baths
2.0
sq ft
1,701

1556 Palermo Ave, Coral Gables, FL 33134

1556 Palermo Ave

Coral Gables, FL 33134

  • 138 days on market
    • Price drop $50,000↓
    • Open house Jan 26
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. 2 percent to buyer's agent.

Details

Property type

Single Family Residence

Est. home value

$1,212,841

Lot size

5,500 sq ft

Price per sq ft

$847

Year built

1956

Annual property taxes

$16,247

Price History

01/13/2025
SEF

SEF #A11654857

Price change
$1,440,000
-3.36%
09/06/2024
SEF

SEF #A11654857

Listed
$1,490,000
+70.29%
12/23/2021
SEF

SEF #A11117932

Sold
$875,000

Schools & Community

Elementary school: 

Coral Gables

Middle school: 

Ponce De Leon

High school: 

Coral Gables

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loandepot.Com Llc

Loan start date

December 2021

Original loan amount

$612,500

Est. remaining balance

$573,512

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mario Joaquin Vengoechea and Oliva Vengoechea

Lender

Loandepot.Com Llc

Loan start date

December 2021

Original loan amount

$612,500

Est. remaining balance

$573,512

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mario Joaquin Vengoechea and Oliva Vengoechea

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 5:05 AM

Listing updated: 01/21/2025 at 3:27 PM

Listed by: Jessica Nasib, JMK Real Estate Agents LLC Phone #: (305) 930-1160

MLS: SEF #A11654857

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