A rare 1925 Old Spanish gem set on a prominent 14,300 SF corner lot in the heart of The City Beautiful. Originally built as a fourplex, the residence has been thoughtfully reimagined with a spacious three-bedroom penthouse spanning the entire top floor, complemented by two one-bedroom residences below, featuring multiple fireplaces and charming architectural details—offering exceptional flexibility for end users or investors. With expansion potential, including a vacant 5,500 SF corner portion, and an unbeatable walkable location near the financial district, this timeless property blends historic character with modern opportunity. A cinematic landmark, featured in Italian films and commercials, and truly one of a kind.
Sold for $1,950,000
$1,950,000
111 Salamanca Ave, Coral Gables, FL 33134
5beds
4baths
4,946sqft
Quadruplex
Built in 1925
-- sqft lot
$1,939,600 Zestimate®
$394/sqft
$4,602 Estimated rent
Home value
$1,939,600
$1.71M - $2.21M
$4,602/mo
Zestimate® history
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List your homeWhat's special
Multiple fireplacesCharming architectural details
Zillow last checked:
Listing updated:
Listed by:
Rosario Borroto 305-490-8176,
One Sotheby's International Realty
Bought with:
Rosario Borroto, 0566150
One Sotheby's International Realty
Source: MIAMI,MLS#: A11934340
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Electric
Features
- Flooring: Tile, Wood
- Windows: Partial Panel Shutters/Awnings, Blinds
Interior area
- Total structure area: 4,946
- Total interior livable area: 4,946 sqft
Property
Parking
- Total spaces: 2
Features
- Stories: 2
- Patio & porch: Open Porch, Patio
- Exterior features: Lighting, Balcony, Room For Pool, Awning(s)
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
Details
- Parcel number: 0341080092790
- Zoning: 3801
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Spanish
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Barrel Roof,Flat Roof With Facade Front
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: C Gab Douglas Sec
HOA
- Has HOA: No
Location
- Region: Coral Gables
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $2,362,883
- Annual tax amount: $46,540
- Date on market: 12/22/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $1,950,000-18.8%$394/sqft |
Source:  MIAMI #A11934340 Report a problem | ||
| 5/1/2026 | Pending sale | $2,400,000$485/sqft |
Source: MIAMI #A11934340 Report a problem | ||
| 12/22/2025 | Listed for sale | $2,400,000$485/sqft |
Source: MIAMI #A11934340 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $46,540 +12.8% | $2,346,489 +10% |
| 2024 | $41,258 +5.4% | $2,133,172 +10% |
| 2023 | $39,134 +14.5% | $1,939,248 +10% |
| 2022 | $34,189 +11.9% | $1,762,953 +10% |
| 2021 | $30,564 +5.6% | $1,602,685 +10% |
| 2020 | $28,940 +3.8% | $1,456,987 +10% |
| 2019 | $27,882 +8.3% | $1,324,534 +10% |
| 2018 | $25,738 | $1,204,122 +10% |
| 2017 | $25,738 +18.8% | $1,094,657 +10% |
| 2016 | $21,659 +9.9% | $995,143 +10% |
| 2015 | $19,714 +13.1% | $904,676 +10% |
| 2014 | $17,432 -2.5% | $822,433 +10% |
| 2013 | $17,876 0% | $747,667 -16.3% |
| 2012 | $17,877 -1.6% | $893,140 |
| 2011 | $18,165 -7% | $893,140 0% |
| 2010 | $19,525 -14.3% | $893,162 -19.4% |
| 2009 | $22,781 -29.5% | $1,108,364 -33% |
| 2007 | $32,308 +9% | $1,654,500 |
| 2006 | $29,638 | -- |
| 2005 | $29,638 +13.8% | -- |
| 2004 | $26,037 +150.3% | -- |
| 2003 | $10,403 +30.3% | -- |
| 2002 | $7,986 | -- |
| 2001 | $7,986 | -- |
Find assessor info on the county website
Neighborhood: North Ponce de Leon
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Nearby schools
GreatSchools rating
- 10/10Coral Gables Preparatory AcademyGrades: PK-8Distance: 0.3 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 1.9 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 3.1 mi
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Estimated market value
$1,939,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,939,600
- Florida
- Miami-Dade County
- Coral Gables
- 33134
- North Ponce de Leon
- 111 Salamanca Ave
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