Coral Gables property sale: Four-bedroom home sells for $5.7 million

Published Jul 24, 2025

A spacious house at 624 Palermo Avenue in Coral Gables has a new owner. The 2,137-square-foot property, built in 1950, was sold on July 3, 2025 for $5,700,000 which represents a price per square foot of $2,667. This single-story house offers a capacious living environment with its four bedrooms and three baths. The unit encompasses a generous 10,000 square feet of land, featuring abundant outdoor space and a pool.

These nearby houses have also recently been sold:

· In October 2023, a 2,100-square-foot home at 700 Catalonia Avenue in Coral Gables sold for $2,240,000, a price per square foot of $1,067. The home has 4 bedrooms and 3 bathrooms.

· A 2,660-square-foot home at 641 Sevilla Avenue in Coral Gables sold in November 2021 for $1,937,500, a price per square foot of $728. The home has 3 bedrooms and 3 bathrooms.

· At 529 Catalonia Avenue in Coral Gables in September 2023, a 1,930-square-foot home was sold for $900,000, a price per square foot of $466. The home has 3 bedrooms and 2 bathrooms.