What is the asking price and what does it include?

The list price for 517 Palermo Ave, Coral Gables FL 33134 is $9,000. The property is a Single Family Residence with 3 bedrooms, 2 bathrooms, approximately 1812 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 517 Palermo Ave, Coral Gables FL 33134 in Coral Gables, 33134. Coordinates are approximately 25.7450787, -80.26548. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Coral Gables — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 9,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 517 Palermo Ave, Coral Gables FL 33134.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Buying
Selling
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Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Single Family Residence
517 Palermo Ave, Coral Gables FL 33134 | Miami-Dade County | A12029027

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517 Palermo Ave, Coral Gables FL 33134 | Miami-Dade County | A12029027

517 Palermo Ave, Coral Gables FL 33134

Residential Lease Active

$9,000

29 More

Type
Single Family Residence

3
Bedrooms

2
Bathrooms

1
Garage

1812 Square Feet
Area Size

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Residential Lease Active

517 Palermo Ave, Coral Gables FL 33134 | Miami-Dade County | A12029027

517 Palermo Ave, Coral Gables FL 33134

$9,000

Description

Welcome to this beautifully renovated three-bedroom, two-bathroom home in the heart of Coral Gables, where comfort, style, and everyday living come together. From the moment you walk in, the open floor plan, warm engineered hardwood floors, and natural light create an inviting feeling. The modern kitchen with new appliances is perfect for cooking, gathering, and enjoying time with family and friends. Step outside to your own private backyard retreat, featuring a sparkling pool ideal for relaxing weekends, entertaining, or simply enjoying the Miami lifestyle. With a new roof, impact windows, and impact doors, this home offers not only beauty but also peace of mind. Located near top schools, great restaurants, parks, and everything Coral Gables has to offer, this is a home you can truly enjoy from day one. READY FOR IMMEDIATE OCCUPANCY!

Address

Open on Google Maps

Address: Palermo Ave
City: Coral Gables
State/county: Miami-Dade County
Zip/Postal Code: 33134
Area: CORAL GABLES BILTMORE SEC

Details

Updated on June 4, 2026 at 8:53 am

Property ID A12029027
Price $9,000
Property Size 1812 Square Feet
Bedrooms 3
Bathrooms 2
Garage 1
Year Built 1957
Type Single Family Residence
Property Status Residential Lease

Additional details

ArchitecturalStyle First Floor Entry
AvailabilityDate 2026-06-05
BathroomsFull 2
BathroomsHalf 0
BuildingAreaUnits Square Feet
BuildingName CORAL GABLES BILTMORE SEC
ContractStatusChangeDate 2026-06-04
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 0
ElementarySchool Sunset
ExpirationDate 2026-12-04
Flooring Wood
Furnished Unfurnished
HighSchool Coral Gables
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LeaseAmountFrequency Monthly
LeaseConsideredYN 1
LeaseRenewalOptionYN 1
LeaseTerm 1 Year With Renewal Option
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-280-2770
LotSizeSquareFeet 6600
MLSAreaMajor Coral Gables Biltmore Sec
MajorChangeTimestamp June 4, 2026 at 01:03pm
MajorChangeType New
MiddleOrJuniorSchool Ponce De Leon
MlsStatus Active
ModificationTimestamp June 4, 2026 at 01:03pm
OnMarketDate 2026-06-04
OriginalEntryTimestamp June 4, 2026 at 01:03pm
OriginalListPrice 9000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 03-41-17-008-3490
ParkingFeatures 1 Space
PatioAndPorchFeatures Deck
PhotosChangeTimestamp June 4, 2026 at 01:23pm
PhotosCount 34
PoolFeatures In Ground, Private
PostalCode 33134
PostalCodePlus4 5710
PriceChangeTimestamp June 1, 2026 at 10:20pm
PublicSurveyRange 41
PublicSurveySection 17
PublicSurveyTownship 41
SecurityFeatures Fire Alarm
Sewer Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 502804694
StateOrProvince FL
StatusChangeTimestamp June 4, 2026 at 01:03pm
StreetName Palermo Ave
StreetNumber 517
StreetNumberNumeric 517
StructureType Single Family-Annual, House
SyndicationRemarks Welcome to this beautifully renovated three-bedroom, two-bathroom home in the heart of Coral Gables, where comfort, style, and everyday living come together. From the moment you walk in, the open floor plan, warm engineered hardwood floors, and natural light create an inviting feeling. The modern kitchen with new appliances is perfect for cooking, gathering, and enjoying time with family and friends. Step outside to your own private backyard retreat, featuring a sparkling pool ideal for relaxing weekends, entertaining, or simply enjoying the Miami lifestyle. With a new roof, impact windows, and impact doors, this home offers not only beauty but also peace of mind. Located near top schools, great restaurants, parks, and everything Coral Gables has to offer, this is a home you can truly enjoy from day one. READY FOR IMMEDIATE OCCUPANCY!
TaxLegalDescription CORAL GABLES BILTMORE SEC PB 20-28 W35FT LOT 18 & E1/2 LOT 19 BLK 21 LOT SIZE IRREGULAR OR 20747-4630 09/2002 4
View Pool
WaterSource Municipal Water
WindowFeatures Complete Impact Glass, Blinds, High Impact Windows
Zoning 0100