
12040 N Miami Ave, North Miami FL 33168, NORTH MIAMI, FL, 33168
Active107 days on marketListed May 4, 2026MLS #A12012399
About this home
12040 N Miami Ave, North Miami FL 33168
Fully renovated Pool home for Rent in the heart of North Miami! This 5 bedrooms 4 baths home was remodeled in 2023 with new roof, impact windows and doors, and new kitchen. 3 master suites with their own private bathroom! Nice sized pool with artificial turf in the back yard! Need extra storage? Theres also a storage shed in the back yard! Nice sized rooms, vinyl flooring through out, recess lights, quartz countertops , s/s appliances with wine cooler, walk in closets, den area to relax by pool! Great location, minutes to shopping, restaurants, major highways, etc.
Facts & features
The home at a glance
5
Bedrooms
4
Bathrooms
1,979
Sqft
4
Garage
1950
Year built
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs North Miami actives
$3 vs $268
Days on market
107 vs 78 typical
Where $3/sqft sits among the 366 North Miami actives
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.
Where it sits
Inside North Miami
Get to know North Miami. See the full North Miami guide →
NORTH MIAMI 33168 — neighborhood snapshot
Population
22,556
Median age
38.7
Median income
$58,636
Median home value
$329,000
Avg household
3.49
Households w/ children
2,337
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Miami market
$555K → $538K
North Miami median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
30 of 366
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 99% below the NORTH MIAMI 33168 median. See the full North Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 12040 N Miami Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$510,000
130 NW 124th St, North Miami FL 33168 · same community
3 bd · 2 ba · 1,726 sqft · $295/sqft · 43 DOM
Sold · Jul ’26$650,000
125 NW 122nd St, North Miami FL 33168 · same community
4 bd · 2 ba · 1,655 sqft · $393/sqft · 12 DOM
Sold · Sep ’25$675,000
50 NW 124th St, North Miami FL 33168 · same community
4 bd · 3 ba · 1,599 sqft · $422/sqft · 9 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 12040 N Miami Ave — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12040 N Miami Ave — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
12040 N Miami Ave FAQs
What would the monthly payment be for 12040 N Miami Ave, North Miami FL 33168?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 12040 N Miami Ave, North Miami FL 33168?+
The listing reports pets: Maximum 20 Lbs. 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 $5,000, this home is listed about 98% 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 12040 N Miami Ave, North Miami FL 33168?+
Hubert O. Sibley K-8 Academy (elementary), 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.
Keep looking
Similar homes nearby
Listing courtesy of The Moreno Property Group, LLC. · Frantz Desir. MLS #A12012399.
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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