A 1,148-square-foot house built in 1937 has changed hands. The property at 1036 Palermo Avenue in Coral Gables was sold on Aug. 22, 2025 for $1,185,000, or $1,032 per square foot. This single-story house has three bedrooms and two baths. The lot of the unit covers a substantial area of 6,500 square feet.

Other houses have recently been purchased nearby:

· In April 2023, a 2,873-square-foot home at 2916 Granada Boulevard in Coral Gables sold for $1,739,640, a price per square foot of $606. The home has 3 bedrooms and 2 bathrooms.

· A 2,873-square-foot home at 2916 Granada Boulevard in Coral Gables sold in September 2023 for $1,950,000, a price per square foot of $679. The home has 3 bedrooms and 2 bathrooms.

· At 2806 Granada Boulevard in Coral Gables in April 2023, a 3,689-square-foot home was sold for $3,000,000, a price per square foot of $813. The home has 4 bedrooms and 3 bathrooms.