Miami-Dade County  »  250 Palermo Ave

250 Palermo Avenue, Miami, FL 33134 - Property report

Also known as: 250 Palermo Ave

Property image for 250 Palermo Avenue, Miami, FL 33134
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Property type

Office Building - Multistory: Office Building (1813)

Year built

1948

Acreage

0.172

Sale price

$2,250,000

General information

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Address
Primary address
250 Palermo Avenue
ZIP code
33134
County
Miami-Dade
Municipality
03
Neighborhood
034117005
Parcel ID
0341170056390
Qualifier

Owner

Find out who owns 250 Palermo Avenue, Miami, FL 33134. Uncover corporate and individual owners with a free account.

Sales
Sale date
11/13/2012
Sale price
$2,250,000
Arm's length
Tax
Tax year
2025
Current property tax
$62,103
Building
Property type
Office Building - Multistory: Office Building (1813)
Building sq. ft.
5,554
Buildings on lot
1
Stories
2
Year built
1948
Lot
Total sq. ft.
5,554
Acreage
0.172
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
44 /100.  Some Transit
Bike score
65 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 250 Palermo Avenue, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 250 Palermo Avenue, Miami, FL 33134

Sale date Sale price Buyer name Seller name
11/13/2012 $2,250,000 XXXXX XXXXXXX XXX & XXX XX XXXXX XXX
05/09/2002 $1,743,500 XXXXX XXX XXXXXXXX XXXX XXX
08/24/1998 $505,000 XXXXXXXX XXXX XXX XXXXXXXXX, XXXX X &X XXXXXXX & XXXX & XXXXXXX XXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/02/2022 - R
03/28/2022 - D
Notice of Commencement XXXXX XXXXXXXX XXXX & XXXXX XX
04/11/2018 - R
04/09/2018 - D
Notice of Commencement XXXXX XXXXXXXX XXXX XXX XXXXX
11/13/2012 - D
11/13/2012 - R
Deed XXXXX XXX XXXXX XXXXXXX XXX & XXX XX
05/09/2002 - R Warranty Deed XXXXXXXX XXXX XXX XXXXX XXX
01/15/1999 - D
01/06/1999 - R
Deed XXXXXXXXX, XXXX X &X XXXXXXX XXX & XXXX & XXXXXXX XXXXXXXX XXXX XXX
08/24/1998 - R Mortgage XXXXXXXX XXXX XXX XXXXXXX XXXXXXXXX XXX XXX XXX XX XX
08/24/1998 - R Warranty Deed XXXXXXXXX, XXXX X &X XXXXXXX & XXXX & XXXXXXX XXXX XXXXXXXX XXXX XXX
04/14/1998 - R Quit Claim Deed XXXXXXXXX, XXXX X &X XXXXXXX XXXXXXX XXXXXXXXX XXX XXX XXX XX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 250 Palermo Avenue, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$62,103
Recent tax assessments
Market value
$3,415,014
Land value
$3,000,000
Building value
$415,014
Assessed value
$3,415,014

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $3,415,014 $3,415,014 18.1852 $62,103 -0.17%
2024 $3,417,610 $3,417,610 18.2022 $62,208 +0.06%
2023 $3,395,930 $3,395,930 18.3076 $62,171 +5.75%
2022 $3,292,900 $3,168,440 18.2968 $58,792 +8.48%
2021 $2,880,400 $2,880,400 18.8156 $54,196 -0.27%
2020 $2,880,400 $2,880,400 18.8671 $54,345 -4.00%
2019 $2,992,900 $2,658,051 18.9154 $56,612 +26.81%
2018 $2,416,410 $2,416,410 18.4744 $44,642 +6.70%
2017 $2,235,800 $2,235,800 18.7132 $41,839 +2.11%
2016 $2,145,800 $2,145,800 19.0946 $40,973 -1.87%

Permit information for 250 Palermo Avenue, Miami, FL

No recently recorded permits for this property.

Coral Gables residential market stats

Access a detailed real estate market overview of Coral Gables so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Coral Gables and compare it to other neighborhoods in Miami-Dade.

Median sale price

$1,150,000

21.1% Y-o-Y

Median price/sq. ft.

$605

2.2% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Coral Gables and see how their prices compare.

Demographics by ZIP code

Total population
38,174
Median age
45.7
Average household income
$162,853
Family households
61.9%
People per household (average)
2.35
Occupied housing units
16,166
Owner-occupied units
57.7%
Median year structure built
1962
Median value mortgaged units
$775,600
Median value unmortgaged units
$656,900

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 250 Palermo Avenue, Miami, FL 33134 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 250 Palermo Avenue, Miami, FL 33134?

The development at 250 Palermo Avenue, Miami, FL 33134 was built in 1948.

What is the market value of 250 Palermo Avenue, Miami, FL 33134?

The current market value of 250 Palermo Avenue, Miami, FL 33134 is $3,415,014.

What is the total square footage of 250 Palermo Avenue, Miami, FL 33134?

250 Palermo Avenue, Miami, FL 33134 has a total of 5,554 square feet.

What is the price per square foot for this property?

$405 per square foot is the price for 250 Palermo Avenue, Miami, FL 33134.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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