CENTURY 21 Edge
Short-Term Rental Eligible
$175,0001 bd1 ba850 sqft$206 /sqft$1,912 /mo all-in ↓

12500 NE 5th Ave # 101, North Miami FL 33161, NORTH MIAMI, FL, 33161

Active183 days on marketListed Feb 17, 2026MLS #A11960314

CondominiumFOREVER ELEGANT CONDO,FOREVER ELEGANT COND

About this home

12500 NE 5th Ave # 101, North Miami FL 33161

Very spacious and filled with natural light, this beautifully maintained 1-bedroom, 1-bath residence is perfectly located near the iconic Museum of Modern Art (MoMA) and just steps from 125th Street and NE 6th Avenue in Miami. Featuring sleek tile flooring throughout, this home offers a clean, modern feel. The recently remodeled kitchen boasts stylish finishes and updated cabinetry, while the renovated bathroom adds a fresh, contemporary touch. Currently rented through October 2027, this property presents an excellent investment opportunity with stable income in place. Enjoy community amenities including a sparkling pool, convenient on-site laundry facilities, and assigned parking right at your doorstep. Please note: no pets allowed. Bright, spacious, and ideally situated — a smart investment in a prime location.

Facts & features

The home at a glance

1

Bedrooms

1

Bathrooms

850

Sqft

1

Garage

1970

Year built

$206

Per sqft

Garden View view

Inside

FlooringTile
AppliancesElectric Water Heater · Electric Range · Refrigerator
InteriorFirst Floor Entry · Den/Library/Office
LaundryCommon Area
CoolingCentral Air · Electric
HeatingCentral · Electric

Outside & construction

ConstructionCBS Construction
ViewGarden View
Parking1 Space · Assigned
ExteriorCourtyard · Open Balcony

Community & fees

HOA fee$400/mo
Taxes (2025)$2,929/yr
PetsNo

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$1,912 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,030
FHA mortgage insurance (est.)$77
Property tax — 2025 actual bill$244
Condo fee — from the listing$400
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,125Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,125
Interest rate6.00%
Loan term

Estimated payment

$1,912/mo

Principal & interest$1,030
FHA mortgage insurance (est.)$77
Property taxes (actual bill)$244
HOA / condo fee$400
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $175K
$121KedgeAI estimate $140,718 · range $127K$171K$182K

vs edgeAI estimate

+24.4%

$/sqft vs North Miami actives

$206 vs $268

Days on market

183 vs 78 typical

Where $206/sqft sits among the 365 North Miami actives

236 · this home
59
35
7
4
24
$166–324$324–483$483–642$642–801$801–959$959+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Le Reve, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunityLe Reve
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,150/mo median

MarketNorth Miami
Annual gross at median$25,800
Gross yield on this price14.7%
Homes for rent right now295

Live North Miami rental listing data — this home’s rate depends on size, condition and furnishing.

Where it sits

Inside Central

Map of 12500 NE 5th Ave # 101, North Miami FL 33161 inside its neighborhood boundary

Le Reve is a short-term-rental community. See the full guide →

Central — neighborhood snapshot

Population

36,149

Median age

37

Median income

$56,006

Median home value

$331,786

Avg household

3

Households w/ children

4,191

For the school run

Dade County School District

ElementaryArchcreek Elementary School★★★★★
MiddleNorth Miami Middle School★★★★
HighNorth Miami Senior High School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The North Miami market

Seller’s marketLeans buyer27.7 months of inventoryBuyer’s market

$555K$538K

North Miami median sold, yr/yr

95.4%

Sale-to-list ratio (12 mo)

30 of 365

North Miami actives have cut their price

Median sold price, North Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 35% above the NORTH MIAMI 33161 median. See the full North Miami market guide →

Paper trail

This home's history

Feb 17, 2026Listed at $175,000 · 183 days on market since
1970Built · FOREVER ELEGANT CONDO,FOREVER ELEGANT COND

Reality check

What actually sold near 12500 NE 5th Ave # 101

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

11905 NE 2nd Ave # C308, North Miami FL 33161Sold · Jun ’26

$154,000

11905 NE 2nd Ave # C308, North Miami FL 33161

2 bd · 1.5 ba · 860 sqft · $179/sqft · 242 DOM

12035 NE 2nd Ave # A417, North Miami FL 33161Sold · Dec ’25

$150,000

12035 NE 2nd Ave # A417, North Miami FL 33161

1 bd · 1 ba · 816 sqft · $184/sqft · 294 DOM

11741 NE 13th Ave, Miami FL 33161Sold · May ’26

$341,000

11741 NE 13th Ave, Miami FL 33161

2 bd · 1 ba · 808 sqft · $422/sqft · 127 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Cindy Fernandez

Your agent

Cindy Fernandez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 12500 NE 5th Ave # 101 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 12500 NE 5th Ave # 101 — before you fall in love.

See it in person

Schedule a tour

Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

12500 NE 5th Ave # 101 FAQs

What would the monthly payment be for 12500 NE 5th Ave # 101, North Miami FL 33161?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,912/mo — principal and interest, the actual property-tax bill, the $400/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 12500 NE 5th Ave # 101, North Miami FL 33161?+

The association fee works out to $400 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 12500 NE 5th Ave # 101, North Miami FL 33161?+

The most recent tax bill on record (2025) was $2,929. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 12500 NE 5th Ave # 101, North Miami FL 33161 be rented short-term?+

Yes — this home sits inside Le Reve, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 12500 NE 5th Ave # 101, North Miami FL 33161?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in North Miami?+

At $175,000, this home is listed about 41% below the North Miami median of $295,000. The market section on this page shows how the area is trending.

Which schools are assigned to 12500 NE 5th Ave # 101, North Miami FL 33161?+

Archcreek Elementary School (elementary), North Miami Middle School (middle), North Miami Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$175,000 runs 35% above the NORTH MIAMI 33161 median.

02Zoned for nightly rentals

Le Reve is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Garden View views

The garden view view is part of what you're buying — views hold value independently of the structure.

04Time on market is leverage

183 days on market against a North Miami median of 78 — sellers in this position are usually ready to negotiate.

Listing courtesy of Keller Williams Eagle Realty · Ana Patricia Cruz PA. MLS #A11960314.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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