12515 PALM RD, North Miami, FL 33181

Parcel: 0622280100540 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$1,241,154

Property Details

Beds
3
Baths
2
Living Sqft
2,517
Year Built
1955
Lot Sqft
9,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$661,000
2004-07-01
2
$645,200-2%
2013-12-12
ALLAN CAOHSBC BANK USA NA TRS
3
$850,000+32%
2015-01-09
HSBC BANK USA NA TRSJEFFREY W MAYER

Tax Assessment History

$1,241,154
Assessed (2025)
$2,054,848
Market Value
$1,241,154
Taxable Value
$25,269
Annual Tax
2024
$1,128,322
$1,670,402
2025
$1,241,154
$2,054,848
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,241,154 $2,054,848 $1,241,154 $25,269
2024 $1,128,322 $1,670,402 $1,128,322 $22,972

About 12515 PALM RD, North Miami, FL 33181

12515 PALM RD, North Miami, FL 33181 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1955 with 2,517 square feet of living space on a 9,000 square foot lot. The property is currently owned by JEFFREY W MAYER, 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 2015-01-09 for $850,000, when HSBC BANK USA NA TRS sold to JEFFREY W MAYER. The property has appreciated $204,800 (32%) since the prior sale of $645,200 on 2013-12-12. There are 3 recorded sales for this property.

The 2025 assessed value is $1,241,154 with a market value of $2,054,848. This breaks down to $1,710,000 for the land and $344,848 for the building. The assessed value increased 10% from $1,128,322 in 2024.

The median household income in this area is $73,667, and the median home value is $254,400. The population density is 6,933 people per square mile. 12515 PALM RD, North Miami, FL 33181 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 2004 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 146% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $338 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

JEFFREY W MAYER
1350 S BISCAYNE POINT RD, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$15,293 — $28,105
Flood $400 — $800
Property/Wind $14,893 — $27,305

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$73,667
Median Home Value$254,400
Pop. Density6,933/sq mi

Neighborhood 12515

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
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