12590 NE 16 AVE 507, North Miami, FL 33161
Parcel: 0622290730430 · Residential · Condominium - Residential · Zoning: 4900
Assessed Value (2025)
$93,702
Property Details
Living Sqft
725
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$8,100
2010-02-23
GEORGES NIMIS → DEUTSCHE BANK NATL TRUST CO TRS
2
$29,600+265%
2011-05-10
DEUTSCHE BANK NATL TR CO TRS → RODOLFO JARA ARGUELLO
3
$91,500+209%
2019-05-20
RODOLFO JARA ARGUELLO → LARUZ LLC
Tax Assessment History
$93,702
Assessed (2025)
$101,952
Market Value
$93,702
Taxable Value
$1,908
Annual Tax
2024
$85,184
$101,952
2025
$93,702
$101,952
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $93,702 | $101,952 | $93,702 | $1,908 | $0 | $0 |
| 2024 | $85,184 | $101,952 | $85,184 | $1,734 | $0 | $0 |
About 12590 NE 16 AVE 507, North Miami, FL 33161
12590 NE 16 AVE 507, North Miami, FL 33161 is a residential - total value : condominium - residential built in 1969 with 725 square feet of living space. The property is currently owned by LARUZ LLC, 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 2019-05-20 for $91,500, when RODOLFO JARA ARGUELLO sold to LARUZ LLC. The property has appreciated $61,900 (209%) since the prior sale of $29,600 on 2011-05-10. There are 3 recorded sales for this property.
The 2025 assessed value is $93,702 with a market value of $101,952. The assessed value increased 10% from $85,184 in 2024. The median household income in this area is $48,929, and the median home value is $127,300.
The population density is 13,221 people per square mile. 12590 NE 16 AVE 507, North Miami, FL 33161 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 2010 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $126 per square foot — a key metric for comparing value across North Miami's real estate market..
Current Owner
LARUZ LLC
2020 NE 163 ST 202E, MIAMI, FL, 33162
Since: 2026-03-29
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$48,929
Median Home Value$127,300
Pop. Density13,221/sq mi
Neighborhood 12590
100%
Owner-Occ
0%
Investor
175
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
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