12 AVE, FL, FL 33312

Parcel: 504209490010 · 01 · Zoning:

Assessed Value (2026)
$474,810

Property Details

Year Built
1965
Lot Sqft
19,808

Sales History

1
$100non-market transfer
2008-02-22
2
$100non-market transfer
2016-01-29
3
$3,750,000
2024-04-19

Tax Assessment History

$474,810
Assessed (2026)
$128,040
Market Value
$474,810
Taxable Value
$9,667
Annual Tax
2025
$136,611
$0
2026
$474,810
$128,040
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $474,810 $128,040 $474,810 $9,667
2025 $136,611 $ $33,550 $683

About 12 AVE, FL, FL 33312

12 AVE, FL, FL 33312 is a property built in 1965 on a 19,808 square foot lot. The property is currently owned by NEW RIVER ESTATES DEVELOPERS LLC, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-04-19 for $3,750,000. The property has appreciated $3,749,900 (3749900%) since the prior sale of $100 on 2016-01-29. There are 3 recorded sales for this property.

The 2026 assessed value is $474,810 with a market value of $128,040. This breaks down to $381,920 for the land and $493,760 for the building. The assessed value increased 248% from $136,611 in 2025.

The property has the following tax exemptions: homestead. There are active mortgage liens totaling $33,744,989 recorded against this property. 12 AVE, FL, FL 33312 is located in FL, Florida.

Property records, tax assessments, sales history, and ownership information for this FL property are sourced from broward County public records. The complete ownership history of this property spans from 2008 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 13% 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..

Current Owner

NEW RIVER ESTATES DEVELOPERS LLC
1126 S FEDERAL HWY STE 829, FORT LAUDERDALE, FL, 33316
Since: 2026-03-30
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Find registered agent and officers for this entity

Est. Annual Insurance

$5,812 — $10,723
Flood $400 — $800
Property/Wind $5,412 — $9,923

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 33312

62.8%
Owner-Occ
37.2%
Investor
475
Flips (4yr)
8,727
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE
$4,300,000
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
ACTIVE 6.72% rate
$4,300,000
~$4,206,427 bal.
~$27,804/mo est. payment
MAGNIFICO CAPITAL LLC · 2024-04-19
Est. Total Balance $33,744,989
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.