12975 NW 16 AVE, North Miami, FL 33167

Parcel: 0621260060160 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$114,069

Property Details

Beds
3
Baths
1
Living Sqft
1,075
Year Built
1952
Lot Sqft
9,600
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$159,732
2009-09-25
SUTTON FD LLCPROTIUM REO I LP
2
$60,000-62%
2010-04-15
PROTIUM REO I LPMLMC HOMES INC
3
$129,900+117%
2010-06-30
MLMC HOMES INCNGUYEN CHIU
4
$410,000+216%
2026-05-06
NGUYEN CHIUREINALDO ALVAREZ

Tax Assessment History

$114,069
Assessed (2025)
$410,310
Market Value
$63,347
Taxable Value
$1,290
Annual Tax
2024
$110,855
$381,653
2025
$114,069
$410,310
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $114,069 $410,310 $63,347 $1,290
2024 $110,855 $381,653 $60,855 $1,239

About 12975 NW 16 AVE, North Miami, FL 33167

12975 NW 16 AVE, North Miami, FL 33167 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,075 square feet of living space on a 9,600 square foot lot. The property is currently owned by REINALDO ALVAREZ FLOR DE MARIA ALVAREZ, recorded as of 2026-06-14. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-05-06 for $410,000, when NGUYEN CHIU sold to REINALDO ALVAREZ. The property has appreciated $280,100 (216%) since the prior sale of $129,900 on 2010-06-30. There are 4 recorded sales for this property.

The 2025 assessed value is $114,069 with a market value of $410,310. This breaks down to $288,000 for the land and $122,310 for the building. The assessed value increased 3% from $110,855 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $58,403, and the median home value is $349,600. The population density is 6,477 people per square mile.

There are active mortgage liens totaling $204,104 recorded against this property. 12975 NW 16 AVE, North Miami, FL 33167 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 2009 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 28% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $381 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

REINALDO ALVAREZ FLOR DE MARIA ALVAREZ
511 CROSS ST, WESTBURY, NY, 11590
Since: 2026-06-14
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$58,403
Median Home Value$349,600
Pop. Density6,477/sq mi

Neighborhood 12975

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →

Mortgages

ACTIVE
$213,000
~$204,104 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2022-09-27
Est. Total Balance $204,104
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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