12590 16th Ave #210
North Miami, FL 33161
Listing courtesy of New Emporium Properties, Inc. (Carmen Siles). Contact: [email protected].
Located in a well-kept building in North Miami, just minutes from Biscayne Blvd, FIU, shops, restaurants, and major highways. Ideal for investors or owner-occupants. Strong rental area with high demand. Unit is vacant and ready for immediate occupancy. Special assessment for major improvements is ongoing, and work is in the final stage Special assessment details monthly payment: $450.00, initial loan balance $38,648.00 Interest Rate 6.85% Term 20 years (started December 2023) Total to be payee Over Term (Dec 2043): $50,000.00, full monthly amortization available upon request
- Principal and interest
- $753
- Property tax
- $166
- Homeowners insurance
- $92
- HOA
- $878
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.