12050 NW 28 AVE, North Miami, FL 33167

12050 NW 28 AVE, North Miami, FL 33167 is a warehouse terminal or stg : warehouse or storage built in 1995 with 41,240 square feet of living space on a 81,683 square foot lot. The property is currently owned by SPG NW 28TH AVE 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 2020-01-28 for $4,750,000, when FARARTIS LLC sold to SPG NW 28TH AVE LLC. The property has appreciated $1,950,000 (70%) since the prior sale of $2,800,000 on 2010-06-17. There are 3 recorded sales for this property.

The 2025 assessed value is $4,862,143 with a market value of $4,956,000. This breaks down to $2,450,490 for the land and $2,505,510 for the building. The assessed value increased 10% from $4,420,130 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $24,826, and the median home value is $-666,666,666.

The population density is 1,675 people per square mile. There are active mortgage liens totaling $32,750,000 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 12050 NW 28 AVE, North Miami, FL 33167 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 1994 to 2020, 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 $115 per square foot — a key metric for comparing value across North Miami's real estate market..