12135 NE 5 AVE 1, North Miami, FL 33161

12135 NE 5 AVE 1, North Miami, FL 33161 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1952 with 597 square feet of living space. The property is currently owned by ROYAL PALMA APARTMENTS 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 2020-06-09 for $135,000, when HR HEIGHTS LLC sold to ROYAL PALMA APARTMENTS LLC. The property sold for $865,000 less than the prior sale of $1,000,000 on 2015-01-14. There are 3 recorded sales for this property.

The 2025 assessed value is $70,276 with a market value of $88,953. The assessed value increased 10% from $63,888 in 2024. The median household income in this area is $45,451, and the median home value is $496,800.

The population density is 10,294 people per square mile. 12135 NE 5 AVE 1, 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 2014 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 52% 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 $226 per square foot — a key metric for comparing value across North Miami's real estate market..