12255 NE 16 AVE, North Miami, FL 33161

Parcel: 0622290860010 · Financial Institution · Office Building · Zoning: 6201

Assessed Value (2025)
$1,921,559

Property Details

Baths
2
Living Sqft
4,268
Year Built
1975
Lot Sqft
18,781
Stories
1
FINANCIAL INSTITUTION : OFFICE BUILDING

Sales History

1
$770,000
2010-02-01
COMMERCIAL BANK OF FLORIDABRANCH BANKING & TRUST CO
2
$1,500,000+95%
2024-10-18
BRANCH BANKING & TRUST COTRUOP46 LLC
3
$1,500,000
2024-10-28
4
$2,500,000+67%
2025-05-19
TRUOP46 LLC1590 NE HOLDING LLC
5
$2,500,000
2025-06-04

Tax Assessment History

$1,921,559
Assessed (2025)
$1,921,559
Market Value
$1,921,559
Taxable Value
$39,121
Annual Tax
2024
$1,382,718
$1,922,180
2025
$1,921,559
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,921,559 $1,921,559 $1,921,559 $39,121
2024 $1,382,718 $1,922,180 $1,382,718 $28,151

About 12255 NE 16 AVE, North Miami, FL 33161

12255 NE 16 AVE, North Miami, FL 33161 is a financial institution : office building built in 1975 with 4,268 square feet of living space on a 18,781 square foot lot. The property is currently owned by 1590 NE HOLDING 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 2025-06-04 for $2,500,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,921,559 with a market value of $1,921,559.

This breaks down to $1,596,385 for the land and $325,174 for the building. The assessed value increased 39% from $1,382,718 in 2024. The median household income in this area is $75,434, and the median home value is $-666,666,666.

The population density is 15,606 people per square mile. There are active mortgage liens totaling $15,600,000 recorded against this property. 12255 NE 16 AVE, 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 2025, with 5 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price.

Based on the most recent sale, this property traded at $586 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

1590 NE HOLDING LLC
231 SW 28 RD, MIAMI, FL, 33129
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: ALVARO CASTILLO B., P.A.
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Est. Annual Insurance

$19,615 — $35,388
Flood $400 — $800
Property/Wind $19,215 — $34,588

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$75,434
Median Home Value$-666,666,666
Pop. Density15,606/sq mi

Neighborhood 12255

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

Mortgages

ACTIVE
$15,600,000
CONNECTONE BANK · 2024-11-04
Est. Total Balance $15,600,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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