Miami-Dade County  »  33161  »  NE 5th Ave  »  12240 NE 5th Ave

12240 Ne 5th Avenue, Miami, FL 33161 - Property report

Also known as: 12240 NE 5th Ave

Property image for 12240 Ne 5th Avenue, Miami, FL 33161
static Mapbox map

Property type

Multifamily 2-9 Units: Multifamily 3 or More Units (0803)

Year built

1951

Acreage

0.344

Sale price

$1,600,000

General information

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Address
Primary address
12240 Ne 5th Avenue
ZIP code
33161
County
Miami-Dade
Municipality
06
Neighborhood
062230031
Parcel ID
0622300310250
Qualifier

Owner

Find out who owns 12240 Ne 5th Avenue, Miami, FL 33161. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/12/2024
Sale price
$1,600,000
Arm's length
Tax
Tax year
2025
Current property tax
$26,436
Building
Property type
Multifamily 2-9 Units: Multifamily 3 or More Units (0803)
Building sq. ft.
2,386
Buildings on lot
2
Stories
1
Year built
1951
Lot
Total sq. ft.
4,479
Acreage
0.344
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
83 /100.  Very Walkable
Transit score
42 /100.  Some Transit
Bike score
53 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 12240 Ne 5th Avenue, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 12240 Ne 5th Avenue, Miami, FL 33161

Sale date Sale price Buyer name Seller name
06/12/2024 $1,600,000 XXXXXX XXX XX XXXXX XXX
04/19/2022 $1,300,000 XX XXXXX XXX XXXXX XXXXXXXXXX XXX
12/02/2014 $360,000 XXXXXXXX XXX XXXXX XXXXX XXXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/13/2024 - R
06/12/2024 - D
Deed XX XXXXX XXX XXXXXX XXX
12/27/2023 - R
12/21/2023 - D
Affidavit XX XXXXX XXX
06/13/2022 - R
06/10/2022 - D
Affidavit XXXXX XXXXXXX XXXXXXX
06/13/2022 - R
06/10/2022 - D
Assignment XX XXXXX XXX XXXXX XXXXXXXX XXXX& XXXXX XX
06/13/2022 - R
06/10/2022 - D
Mortgage XX XXXXX XXX XXXXX XXXXXXXX XXXX& XXXXX XX
04/21/2022 - R
04/19/2022 - D
Deed XXXXX XXXXXXXXXX XXX XX XXXXX XXX
01/08/2020 - R
12/27/2019 - D
Affidavit XXXXX XXXXXXXXXX XXX
01/08/2020 - R
12/27/2019 - D
Mortgage XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX X
03/04/2019 - D
03/04/2019 - R
Order XXXXX XXXXX XXXX XX XXXXX XXXXXXXXXX XXX
12/03/2014 - R
12/02/2014 - D
Deed XXXXX XXXXX XXXXX XXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 12240 Ne 5th Avenue, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$26,436
Recent tax assessments
Market value
$1,193,944
Land value
$600,000
Building value
$593,944
Assessed value
$1,193,944

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,193,944 $1,193,944 22.1415 $26,436 +2.17%
2024 $1,193,944 $1,156,579 22.1585 $25,875 +10.53%
2023 $1,051,436 $1,051,436 22.2639 $23,409 +59.22%
2022 $842,377 $584,245 22.2531 $14,702 +19.98%
2021 $544,626 $531,132 22.8933 $12,254 +13.07%
2020 $472,335 $472,335 22.9448 $10,838 -4.20%
2019 $492,009 $442,300 22.9931 $11,313 +24.76%
2018 $402,091 $402,091 22.5521 $9,068 -4.69%
2017 $417,299 $417,299 22.7984 $9,514 +0.37%
2016 $408,929 $408,929 23.1798 $9,479 +2.31%

Permit information for 12240 Ne 5th Avenue, Miami, FL

No recently recorded permits for this property.

North Miami residential market stats

Access a detailed real estate market overview of North Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in North Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$405,000

12.5% Y-o-Y

Median price/sq. ft.

$264

3.1% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in North Miami and see how their prices compare.

Demographics by ZIP code

Total population
54,814
Median age
38.1
Average household income
$79,063
Family households
69.3%
People per household (average)
2.98
Occupied housing units
17,302
Owner-occupied units
44.0%
Median year structure built
1965
Median value mortgaged units
$478,300
Median value unmortgaged units
$361,600

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 12240 Ne 5th Avenue, Miami, FL 33161 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 12240 Ne 5th Avenue, Miami, FL 33161?

The development at 12240 Ne 5th Avenue, Miami, FL 33161 was built in 1951.

What is the total square footage of 12240 Ne 5th Avenue, Miami, FL 33161?

12240 Ne 5th Avenue, Miami, FL 33161 has a total of 2,386 square feet.

When was 12240 Ne 5th Avenue, Miami, FL 33161 last sold and what was the sale price?

12240 Ne 5th Avenue, Miami, FL 33161 was last sold on 06/12/2024 for $1,600,000.

What is the assessed value of 12240 Ne 5th Avenue, Miami, FL 33161?

12240 Ne 5th Avenue, Miami, FL 33161 is currently assessed at $1,193,944.

What are the property taxes for 12240 Ne 5th Avenue, Miami, FL 33161?

The property taxes for 12240 Ne 5th Avenue, Miami, FL 33161 total $26,435.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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