RYAN SPENCER LEDWITH JR and JUSTINE NAOMI BOGOTT

1002 MADRID ST · 33134Folio: 0341070185880NOT LISTED FOR SALE0100 SINGLE FAMILY - GENERAL0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Owners

Bedrooms

Bathrooms

Floors

Living units

Living area

1,399 sqft

Adjusted area

1,602 sqft

Lot size

5,250 sqft

Property report: 1002 MADRID ST — RYAN SPENCER LEDWITH JR and JUSTINE NAOMI BOGOTT · zone 0100 SINGLE FAMILY - GENERAL

RYAN SPENCER LEDWITH JR and JUSTINE NAOMI BOGOTT are the recorded owners of 1002 MADRID ST (folio 0341070185880).

Updated: 10/17/2025, 12:32:56 AM

Fast facts for 1002 MADRID ST · folio 5880

Owners: RYAN SPENCER LEDWITH JR and JUSTINE NAOMI BOGOTT
Address: 1002 MADRID ST
Value 2025: $790,817 / $492,506
≈ $565/sqft (market)
Building age ≈ 99 yrs
Lot: 5,250 sqft
Zone: 0100 SINGLE FAMILY - GENERAL

Home profile — 1002 MADRID ST · subdivision CORAL GABLES GRANADA SEC REV

1002 MADRID ST pairs 3 bed · 1 bath · 1 floor(s) · 1 unit(s) (1,399 sqft living · 1,602 sqft adjusted · 5,250 sqft lot). Approximate building age: 99 year(s). Zoning: 0100 SINGLE FAMILY - GENERAL. Primary land use: 0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT. Subdivision: CORAL GABLES GRANADA SEC REV. · FAR ≈ 26.6% · coverage ≈ 35.8%.

Valuation analysis 2025 — 1002 MADRID ST (folio 5880)

For 2025, market value is $790,817 and assessed value is $492,506. Breakdown — Land $509,250; Building $281,247; Extras $320. Shares vs market: Land 64.4% · Building 35.6% · Extras 0%. YoY: Market $28,834 (3.8%); Assessed $13,880 (2.9%). Approx. CAGR since 2023 → 2025: Market 9.9%; Assessed 2.9%. ≈ $565/sqft (market).

Tax snapshot for CORAL GABLES, FL 33134

Tax base 2025: County: $441,784 (exemptions $50,722) · School Board: $467,506 (exemptions $25,000) · City: $441,784 (exemptions $50,722) · Regional: $441,784 (exemptions $50,722).

Save Our Homes & Homestead — 1002 MADRID ST

Exemptions & caps (2025): SOH cap $298,311 · Homestead $25,000 · Second Homestead $25,722 — SOH ≈ 37.7% of market. YoY change in SOH: $14,954 (5.3%). Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional).

Land use 0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT · subdivision CORAL GABLES GRANADA SEC REV

Use GENERAL · Municipal zone SFR · PA zone 0100 - SINGLE FAMILY - GENERAL · 5,250 Square Ft. · calc. value $509,250

Total land calculated value: $509,250

Buildings & site improvements — 1002 MADRID ST (5880)

Structure timeline · earliest 1926 (age 99 yrs)

Area 1 · Year 1926 · Actual 1,598 sqft · Living 1,118 sqft · Adjusted 1,321 sqft · calc. value $231,915
Area 2 · Year 1979 · Actual 281 sqft · Living 281 sqft · Adjusted 281 sqft · calc. value $49,332

Extra features & site improvements

Patio - Concrete Slab · (1992) · 116 unit(s) · calc. value $320

Total extra-features value: $320

Sales history & recency — 1002 MADRID ST

Most recent sale: 2020-09-14 — $613,500 (Official Records: 32113-0302) — about 48 years ago. 2020-09-14: $613,500 (Official Records: 32113-0302) | change since previous: $68,500 (12.6%) | vs current market estimate: $177,317 (28.9%) • 2016-04-08: $545,000 (Official Records: 30033-3598) | change since previous: $230,000 (73%) | vs current market estimate: $245,817 (45.1%) • 2009-01-29: $315,000 (Official Records: 26759-4132) | change since previous: $60,000 (23.5%) | vs current market estimate: $475,817 (151.1%) • 2008-10-31: $255,000 (Official Records: 26651-2349) | change since previous: $254,990 (2,549,900%) | vs current market estimate: $535,817 (210.1%) • 2008-10-31: $10 (Official Records: 26651-2347) | change since previous: -$90 (-90%) | vs current market estimate: $790,807 (7,908,070%) • 2008-08-08: $100 (Official Records: 26573-0533) | change since previous: -$699,900 (-100%) | vs current market estimate: $790,717 (790,717%) • 2007-07-01: $700,000 (Official Records: 25944-0006) | change since previous: $700,000 (—) | vs current market estimate: $90,817 (13%) • 2006-12-01: $0 (Official Records: 25238-1525) | change since previous: $0 (—) | vs current market estimate: $790,817 (—) • 2003-01-01: $0 (Official Records: 21053-2373) | change since previous: -$229,000 (-100%) | vs current market estimate: $790,817 (—) • 1995-06-01: $229,000 (Official Records: 16850-4154) | change since previous: $39,000 (20.5%) | vs current market estimate: $561,817 (245.3%) • 1992-11-01: $190,000 (Official Records: 15730-0049) | change since previous: $95,000 (100%) | vs current market estimate: $600,817 (316.2%) • 1991-12-01: $95,000 (Official Records: 15314-2781) | change since previous: $62,000 (187.9%) | vs current market estimate: $695,817 (732.4%) • 1977-05-01: $33,000 (Official Records: 00000-00000) | vs current market estimate: $757,817 (2,296.4%) Approx. annualized growth (CAGR) from earliest recorded sale to today's market estimate: 6.8%.

Assessment information

Metric	2025	2024	2023
Land Value	$509,250	$509,250	$399,000
Building Value	$281,247	$252,411	$255,647
Extra Feature Value	$320	$322	$325
Market Value	$790,817	$761,983	$654,972
Assessed Value	$492,506	$478,626	$464,686

Taxable values (by authority)

COUNTY

Year	Exemption	Taxable
2025	$50,722	$441,784
2024	$50,000	$428,626
2023	$50,000	$414,686

SCHOOL BOARD

Year	Exemption	Taxable
2025	$25,000	$467,506
2024	$25,000	$453,626
2023	$25,000	$439,686

CITY

Year	Exemption	Taxable
2025	$50,722	$441,784
2024	$50,000	$428,626
2023	$50,000	$414,686

REGIONAL

Year	Exemption	Taxable
2025	$50,722	$441,784
2024	$50,000	$428,626
2023	$50,000	$414,686

Benefits & caps for JR & BOGOTT

These benefits are recorded for the current co-owners: RYAN SPENCER LEDWITH JR, JUSTINE NAOMI BOGOTT. Benefits are tied to the current ownership and homestead status for this property.

Homesteaded: YesSOH differential 2025: $298,311 (5.3% YoY)Total benefits 2025: $349,033 (4.7% YoY)

Save Our Homes Cap

Assessment Reduction

2025$298,3112024$283,3572023$190,286

Homestead

Exemption

2025$25,0002024$25,0002023$25,000

Second Homestead

Exemption

2025$25,7222024$25,0002023$25,000

Taxable value (by jurisdiction)

County

$441,784

School Board

$467,506

City

$441,784

Regional

$441,784

Insights

County taxable value 2025: $441,784 (3.1% YoY).
School Board taxable value 2025: $467,506.
City taxable value 2025: $441,784.
Regional taxable value 2025: $441,784.
Assessed Value change YoY: 2.9%.

Homestead Exemption lowers taxable value on a primary residence. The Save Our Homes (SOH) assessment cap limits annual assessed-value increases; the differential shown here reflects the capped savings that remain as long as homestead status is maintained by the current owner(s).

Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional).

Sales information

Date	Price	OR Book/Page	Qualification	Previous owner(s)
2020-09-14	$613,500	32113-0302	Qual by exam of deed	DANIEL CABALLERO, KELLI NICOLE CONESA
2016-04-08	$545,000	30033-3598	Qual by exam of deed	DAHLIA GONZALEZ
2009-01-29	$315,000	26759-4132	Qual by exam of deed	CONVERSIONS CONSULTANTS LLC
2008-10-31	$255,000	26651-2349	Sales which are qualified	CM REO TRS
2008-10-31	$10	26651-2347	Sales which are disqualified as a result of examination of the deed	NATIXIS REAL ESTATE CAPITAL INC
2008-08-08	$100	26573-0533	Sales which are disqualified as a result of examination of the deed	EULADIO ESTRADA
2007-07-01	$700,000	25944-0006	Sales which are qualified	—
2006-12-01	$0	25238-1525	Sales which are disqualified as a result of examination of the deed	—
2003-01-01	$0	21053-2373	Sales which are disqualified as a result of examination of the deed	—
1995-06-01	$229,000	16850-4154	Sales which are qualified	—
1992-11-01	$190,000	15730-0049	Sales which are qualified	—
1991-12-01	$95,000	15314-2781	Sales which are qualified	—
1977-05-01	$33,000	00000-00000	Sales which are qualified	—

To the owners

If you are one of these people, this information is for you:

Owner

RYAN SPENCER LEDWITH JR

Owner

JUSTINE NAOMI BOGOTT

Would you like the property 1002 MADRID ST to be marked as "For Sale" on our platform? It's completely free. Enter your email and phone number, and we'll show that your property is listed for sale. We reach tens of thousands of potential buyers.

Legal description

Recorded legal text
CORAL GABLES GRANADA SEC PB 8-113 LOT 15 BLK 51 LOT SIZE 50.000 X 105 OR 21053-2373 01/2003 4 COC 25944-0006 07 2007 1

Land information

Land use	Muni zone	PA zone	Unit	Units	Calc value
GENERAL	SFR	0100 - SINGLE FAMILY - GENERAL	Square Ft.	5,250	$509,250

Total calculated value: $509,250

Building information

# 1Sub: 1

Year built: 1926

Actual sqft

1,598 sqft

Living sqft

1,118 sqft

Adjusted sqft

1,321 sqft

Calc value

$231,915

# 1Sub: 2

Year built: 1979

Actual sqft

281 sqft

Living sqft

281 sqft

Adjusted sqft

281 sqft

Calc value

$49,332

#	Sub	Year built	Actual sqft	Living sqft	Adjusted sqft	Calc value
1	1	1926	1,598 sqft	1,118 sqft	1,321 sqft	$231,915
1	2	1979	281 sqft	281 sqft	281 sqft	$49,332

Sketches: Current Building Sketches Available

Extra features

Description	Year built	Units	Calc value
Patio - Concrete Slab	1992	116	$320

Total calculated value: $320

FAQ — 1002 MADRID ST (folio 5880)

Who owns 1002 MADRID ST (folio 5880)?

RYAN SPENCER LEDWITH JR and JUSTINE NAOMI BOGOTT

Are the owner(s) individuals or an organization?

individual owner(s)

What is the 2025 market vs assessed value at 1002 MADRID ST?

Year 2025: Market $790,817 · Assessed $492,506

How did market value change since 2024?

Change: +3.8%

How big are the living area and lot at 1002 MADRID ST?

1,399 sqft living · 1,602 sqft adjusted · 5,250 sqft lot

What are the dwelling specs at 1002 MADRID ST?

3 beds · 1 baths · 1 floor(s) · 1 unit(s)

What are the current zoning and land use for folio 5880?

PA Zoning: 0100 SINGLE FAMILY - GENERAL · Municipal zone: SFR · Primary land use: 0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT

When was the main structure built and how old is it?

Built 1926 (99 years old); addition/alteration in 1979

What was the most recent recorded sale?

2020-09-14 — $613,500 (OR 32113-0302) ~5 years ago · Prev. owner: DANIEL CABALLERO & KELLI NICOLE CONESA

What is the mailing address on file?

1002 MADRID ST, CORAL GABLES, FL 33134

Which benefits and caps apply in 2025?

Homestead: $25,000 · Second Homestead: $25,722 · Save Our Homes Cap: $298,311

What are the 2025 taxable values by authority?

County taxable $441,784 · School taxable $467,506 · City taxable $441,784 · Regional taxable $441,784

Subdivision: CORAL GABLES GRANADA SEC REV

Mailing address: 1002 MADRID ST, CORAL GABLES, FL 33134

Folio: 0341070185880

Source: https://apps.miamidadepa.gov/PropertySearch/#/?folio=0341070185880

Updated: 2025-10-17

Data sources: Miami-Dade Property Appraiser , Clerk of Courts