19 days on rocket

12575 Palm Rd, North Miami, FL, 33181

$8,999,000

7 Bedrooms
6 Full Baths, 1 Partial
6,530 SqFt
$1,378/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage2 spaces
Year Built2024
HeatingCentral
CoolingCentral Air, Electric
WaterfrontWater Access
ViewIntercoastal
MLS #A11567080
StatusActive

About 12575 Palm Rd

Step Inside With Me! Presenting an exquisitely crafted, newly constructed home on Keystone Point. White oak, travertine and coral stone are optimally balanced throughout this never before lived-in abode masterfully developed by Gregg Covin. Ideal for hosting, the interiors greet with 12ft ceilings, a floating staircase, paneled walls, and sleek social areas with serene water views. Custom millwork and an eat-in island + breakfast table define the contemporary kitchen. A fireplace lounge leads to the spacious primary suite with abundant natural light, midnight bar, travertine clad bath with dual vanities, & 2 walk-in closets. An impressive 7 bedrooms allow for versatility in living. Sun bathe and grill at the pool setting alongside privacy hedges, a new dock & 75 feet of long-water views.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2024
  • Stories: 2
  • Living Area: 6,530 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6075
  • Listing Agent: Dina Goldentayer

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Kitchen Island, Custom Mirrors, Sitting Area in Primary, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Water Access
  • View: Intercoastal
  • Exterior: Balcony, Security/High Impact Doors, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 12575 Palm Rd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus, Public District Grades 9-12
  • North Miami Middle School, Public Magnet Grades 6-8
  • David Lawrence Jr. K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,999,000
  • Price Per SqFt: $1,378/SqFt

Tax Information:

  • Annual Amount: $8,242
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Miami, FL.

Med. Sold Price

$390K

Med. Price/SqFt

$304

Avg. Days On Market

41

# of Sold Homes

29

12575 Palm Rd vs North Miami

19 DAYS ON ROCKET

-22 Days

$8,999,000

+$8.6M More

$1,378/SqFt

+$1K More

KEY TAKEAWAY

This property is $8.6M more than the Median Sold Price and $1K/SqFt more than other homes in North Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11567080

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6075
  • Listing Agent: Dina Goldentayer

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 4:45:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,242$360,196
2018$7,779$345,533
2017$7,727$338,427

History based on county public records data.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4327280
6
/10
  • David Lawrence Jr. K-8 Center

  • 15000 Bay Vista Blvd

  • 1.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4327281
3
/10
  • North Miami Middle School

  • 700 NE 137th St

  • 1.88 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4327282
5
/10
  • Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus

  • 2601 NE 151st St

  • 1.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,714. Most North Miami, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12575 Palm Rd

What is the listing price of this property?

The listing price of 12575 Palm Rd property is $8,999,000.

What type of property is this?

The property 12575 Palm Rd is a house located in North Miami, Florida, 33181.

Is this property for sale now?

Active Listing: 12575 Palm Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12575 Palm Rd are:
David Lawrence Jr. K-8 Center: GreatSchools Rating 6/10
North Miami Middle School: GreatSchools Rating 3/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,242 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12575 Palm Rd has 7 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 12575 Palm Rd is 6,530 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12575 Palm Rd is 2024.
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Rocket HomesFloridaMiami-Dade CountyNorth Miami3318112575 Palm Rd

This home is located at 12575 Palm Rd in North Miami, FL and zip code 33181 in the Keystone Pointe neighborhood. This 6,530 square foot home was built in 2024. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $8,999,000.

North Miami, FL housing market in March 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 23 sold below. In March 2024 in North Miami, FL there were 16.9% more homes for sale than in February 2024. Listings spent 41 days on the market in March 2024, and had a median list price of $390,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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