12040 N MIAMI AVE, North Miami, FL 33168

Parcel: 0621250152350 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$495,486

Property Details

Beds
5
Baths
4
Living Sqft
1,979
Year Built
1950
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2019-06-04
MARIA N FERRERMARIA N FERRER LE
2
$365,000
2023-05-25
BARBARA POLLAK12040 NMIAMI LLC
3
$365,000
2023-06-15
4
$620,000+70%
2024-09-03
12040 NMIAMI LLCCLIFORD MICHEL
5
$620,000
2024-09-23

Tax Assessment History

$495,486
Assessed (2025)
$495,486
Market Value
$495,486
Taxable Value
$10,088
Annual Tax
2024
$397,752
2025
$495,486
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $495,486 $495,486 $495,486 $10,088
2024 $397,752 $397,752 $397,752 $8,098

About 12040 N MIAMI AVE, North Miami, FL 33168

12040 N MIAMI AVE, North Miami, FL 33168 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1950 with 1,979 square feet of living space on a 7,500 square foot lot. The property is currently owned by CLIFORD MICHEL, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-09-23 for $620,000. There are 5 recorded sales for this property. The 2025 assessed value is $495,486 with a market value of $495,486.

This breaks down to $225,000 for the land and $270,486 for the building. The assessed value increased 25% from $397,752 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $81,250, and the median home value is $384,600. The population density is 6,296 people per square mile.

There are active mortgage liens totaling $578,318 recorded against this property. 12040 N MIAMI AVE, North Miami, FL 33168 is located in North Miami, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2019 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $313 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

CLIFORD MICHEL
720 NE 138 ST, NORTH MIAMI BEACH, FL, 33161
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,345 — $11,700
Flood $400 — $800
Property/Wind $5,945 — $10,900

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$81,250
Median Home Value$384,600
Pop. Density6,296/sq mi

Neighborhood 12040

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$589,000
~$578,318 bal.
FREEDOM MORTGAGE CORP · 2024-09-23
1 satisfied mortgage
SATISFIED 2023-06-15
$390,000
KIAVI FUNDING INC
Est. Total Balance $578,318
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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