12485 NE 7 AVE, North Miami, FL 33161
Parcel: 0622300150030 · Mixed Use-Store/Residential · Mixed Use - Commercial · Zoning: 6000
Assessed Value (2025)
$720,399
Property Details
Living Sqft
7,779
Year Built
1935
Lot Sqft
7,875
Stories
1
MIXED USE-STORE/RESIDENTIAL : MIXED USE - COMMERCIAL
Sales History
1
$1non-market transfer
1975-12-01
2
N/Anon-market transfer
1995-05-01
RICHARD A GRASS EST OF → RICHARD BABEY
3
$100non-market transfer
2024-11-20
RICHARD BABEY → WILLIAM BABEY LE
4
N/A
2024-11-22
Tax Assessment History
$720,399
Assessed (2025)
$875,000
Market Value
$720,399
Taxable Value
$14,667
Annual Tax
2024
$654,909
$814,912
2025
$720,399
$875,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $720,399 | $875,000 | $720,399 | $14,667 | $551,250 | $323,750 |
| 2024 | $654,909 | $814,912 | $654,909 | $13,333 | $393,750 | $421,162 |
About 12485 NE 7 AVE, North Miami, FL 33161
12485 NE 7 AVE, North Miami, FL 33161 is a mixed use-store/residential : mixed use - commercial built in 1935 with 7,779 square feet of living space on a 7,875 square foot lot. The property is currently owned by WILLIAM BABEY LE REM LISA A FOTE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $720,399 with a market value of $875,000. This breaks down to $551,250 for the land and $323,750 for the building.
The assessed value increased 10% from $654,909 in 2024. The median household income in this area is $47,409, and the median home value is $392,000. The population density is 9,517 people per square mile.
12485 NE 7 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 1975 to 2024, with 4 recorded transactions in the public record..
Current Owner
WILLIAM BABEY LE REM LISA A FOTE
2824 OAKBROOK DR, WESTON, FL, 33323
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$9,044 — $16,648
Flood $400 — $800
Property/Wind $8,644 — $15,848
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$47,409
Median Home Value$392,000
Pop. Density9,517/sq mi
Neighborhood 12485
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
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