16 ISLAND AVE 7A, Miami Beach, FL 33139
Parcel: 0232330380350 · Residential · Condominium - Residential · Zoning: 4900
Assessed Value (2025)
$2,418,283
Property Details
Beds
2
Baths
2.5
Living Sqft
1,764
Year Built
1958
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$250,000
1999-09-01
2
$825,000+230%
2005-12-01
3
$3,100,000+276%
2024-02-13
NORMAN M FEINBERG &W ARLINE → WALTER PYE
4
$3,100,000
2024-02-20
Tax Assessment History
$2,418,283
Assessed (2025)
$2,418,283
Market Value
$2,418,283
Taxable Value
$49,234
Annual Tax
2024
$1,841,545
$2,260,078
2025
$2,418,283
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,418,283 | $2,418,283 | $2,418,283 | $49,234 | $0 | $0 |
| 2024 | $1,841,545 | $2,260,078 | $1,841,545 | $37,492 | $0 | $0 |
About 16 ISLAND AVE 7A, Miami Beach, FL 33139
16 ISLAND AVE 7A, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1958 with 1,764 square feet of living space. The property is currently owned by WALTER PYE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-02-20 for $3,100,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,418,283 with a market value of $2,418,283.
The assessed value increased 31% from $1,841,545 in 2024. The median household income in this area is $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile.
16 ISLAND AVE 7A, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1999 to 2024, with 4 recorded transactions in the public record.
The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $1757 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Est. Annual Insurance
$29,419 — $54,002
Flood $400 — $800
Property/Wind $29,019 — $53,202
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi
Neighborhood 33139
20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
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