SELLER HIGHLY MOTIVATED! Discover the impeccably renovated fourplex nestled in the sought-after neighborhood of North Miami. Boasting a prime location and excellent curb appeal, this well-maintained property presents a lucrative opportunity, ensuring immediate steady rental income. Situated just minutes from major highways and a short 20-minute commute to the vibrant city life of Wynwood, South Beach and Miami Beach. This property combines modern comfort and opportunity of expansion for more rental units. The gated dwelling also features a massive terrace perfect for outdoor seating and/or entertaining along with a perfect garden area. Located on the premises is a laundry facility including washer and dryer for all tenants. Each tenant has their own private entrance and concrete deck.
Sold for $850,000
$850,000
12108 NE 5th Ave, North Miami, FL 33161
5beds
4baths
2,697sqft
Quadruplex
Built in 1950
-- sqft lot
$984,300 Zestimate®
$315/sqft
$3,328 Estimated rent
Home value
$984,300
$886,000 - $1.10M
$3,328/mo
Zestimate® history
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$3,328/mo
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$3,328/mo
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$5,878/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Darah Cotton 954-410-5098,
Elite Realty Partners, Inc.,
Anthony Cotton Jr. 954-203-2161,
Elite Realty Partners, Inc.
Bought with:
Abraham Elbaz, 3484615
The Real Estate Lab, Inc.
Source: MIAMI,MLS#: A11612678
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Windows: Blinds
Interior area
- Total structure area: 2,697
- Total interior livable area: 2,697 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 1
- Exterior features: Lighting
Lot
- Features: 1 To Less Than 2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 0622300310300
- Zoning: 3700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Flat Roof With Facade Front
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Biscayne Park Estates
HOA
- Has HOA: No
Location
- Region: North Miami
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $737,436
- Annual tax amount: $15,885
- Date on market: 6/25/2024
- Listing terms: All Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2024 | Sold | $850,000-10.5%$315/sqft |
Source:  MIAMI #A11612678 Report a problem | ||
| 7/19/2024 | Pending sale | $949,999$352/sqft |
Source: MIAMI #A11612678 Report a problem | ||
| 7/8/2024 | Price change | $949,999-5%$352/sqft |
Source: MIAMI #A11612678 Report a problem | ||
| 6/26/2024 | Listed for sale | $999,999+8.7%$371/sqft |
Source: MIAMI #A11612678 Report a problem | ||
| 8/25/2022 | Sold | $920,000-2.1%$341/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 6/7/2022 | Pending sale | $940,000$349/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 5/31/2022 | Price change | $940,000-5.5%$349/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 4/19/2022 | Price change | $995,000-4.2%$369/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 3/31/2022 | Price change | $1,039,000-4.6%$385/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 3/16/2022 | Listed for sale | $1,089,000+142%$404/sqft |
Source: MIAMI #A11174857 Report a problem | ||
| 2/5/2019 | Sold | $450,000+224.9%$167/sqft |
Source: Public Record Report a problem | ||
| 11/28/2000 | Sold | $138,500-5.8%$51/sqft |
Source: Public Record Report a problem | ||
| 2/19/1997 | Sold | $147,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,328 -0.1% | $737,436 |
| 2024 | $16,340 +2.9% | $737,436 +3.4% |
| 2023 | $15,885 +86.9% | $713,473 +109.4% |
| 2022 | $8,501 +16.9% | $340,786 +10% |
| 2021 | $7,274 +12.6% | $309,806 +10% |
| 2020 | $6,462 +10.9% | $281,642 +17% |
| 2019 | $5,826 +13.7% | $240,640 +10% |
| 2018 | $5,125 | $218,764 +10% |
| 2017 | $5,125 +9.7% | $198,877 +10% |
| 2016 | $4,671 +7.9% | $180,798 +10% |
| 2015 | $4,328 +18.8% | $164,362 +10% |
| 2014 | $3,642 -0.6% | $149,420 +3.6% |
| 2013 | $3,663 | $144,202 -3.5% |
| 2012 | $3,663 -9.2% | $149,420 -7.6% |
| 2011 | $4,032 -14.1% | $161,649 -9.4% |
| 2010 | $4,691 -28.5% | $178,410 -34.8% |
| 2009 | $6,565 -20.4% | $273,552 -23.5% |
| 2007 | $8,246 +23.8% | $357,374 |
| 2006 | $6,661 | -- |
| 2005 | $6,661 +27.7% | -- |
| 2004 | $5,215 +35.4% | -- |
| 2003 | $3,851 +26.1% | -- |
| 2002 | $3,054 | -- |
| 2001 | $3,054 | -- |
Find assessor info on the county website
Neighborhood: Central
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Nearby schools
GreatSchools rating
- 8/10Gratigny Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10North Miami Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10North Miami Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$984,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$984,300
- Florida
- Miami-Dade County
- North Miami
- 33161
- Central
- 12108 NE 5th Ave
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