12135 NE 5 AVE 10, North Miami, FL 33161

Parcel: 0622300820130 · Residential · Condominium - Residential · Zoning: 3700

Assessed Value (2025)
$80,964

Property Details

Beds
2
Baths
2
Living Sqft
787
Year Built
1952
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$795,000
2014-04-30
CARMEL ASSETS LLCENN INVESTMENTS LLC
2
$1,000,000+26%
2015-01-14
ENN INVESTMENTS LLCHR HEIGHTS LLC
3
$135,000-87%
2020-06-09
HR HEIGHTS LLCROYAL PALMA APARTMENTS LLC

Tax Assessment History

$80,964
Assessed (2025)
$111,754
Market Value
$80,964
Taxable Value
$1,648
Annual Tax
2024
$73,604
$118,618
2025
$80,964
$111,754
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $80,964 $111,754 $80,964 $1,648
2024 $73,604 $118,618 $73,604 $1,499

About 12135 NE 5 AVE 10, North Miami, FL 33161

12135 NE 5 AVE 10, North Miami, FL 33161 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1952 with 787 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 $80,964 with a market value of $111,754. The assessed value increased 10% from $73,604 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 10, 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 60% 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 $172 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

ROYAL PALMA APARTMENTS LLC
844 SW 1 ST, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →

People Behind This Entity

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$45,451
Median Home Value$496,800
Pop. Density10,294/sq mi

Neighborhood 12135

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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