16 ISLAND AVE 7B, Miami Beach, FL 33139

Parcel: 0232330380360 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$1,638,211

Property Details

Beds
2
Baths
2.5
Living Sqft
1,770
Year Built
1958
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$780,000
2011-06-06
MARC A LEVIN TRJOSEPH A FLAHERTY
2
$2,134,000+174%
2014-09-08
JOSEPH A FLAHERTYALFREDO PARAMICO
3
$2,000,000-6%
2022-01-13
ALFREDO PARAMICO LEONARD M SCHILLER

Tax Assessment History

$1,638,211
Assessed (2025)
$2,418,283
Market Value
$1,587,489
Taxable Value
$32,320
Annual Tax
2024
$1,592,042
$2,260,078
2025
$1,638,211
$2,418,283
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,638,211 $2,418,283 $1,587,489 $32,320
2024 $1,592,042 $2,260,078 $1,542,042 $31,395

About 16 ISLAND AVE 7B, Miami Beach, FL 33139

16 ISLAND AVE 7B, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1958 with 1,770 square feet of living space. The property is currently owned by LEONARD M SCHILLER JUDITH S SCHILLER, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-01-13 for $2,000,000, when ALFREDO PARAMICO sold to LEONARD M SCHILLER. The property sold for $134,000 less than the prior sale of $2,134,000 on 2014-09-08. There are 3 recorded sales for this property.

The 2025 assessed value is $1,638,211 with a market value of $2,418,283. The assessed value increased 3% from $1,592,042 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $1,150,201 recorded against this property.

16 ISLAND AVE 7B, 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 2011 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $1130 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

LEONARD M SCHILLER JUDITH S SCHILLER
16 ISLAND AVE 7B, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$20,058 — $36,840
Flood $400 — $800
Property/Wind $19,658 — $36,040

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
View full risk analysis →

Mortgages

ACTIVE
$1,211,250
~$1,150,201 bal.
THE NORTHERN TRUST CO · 2022-01-20
Est. Total Balance $1,150,201
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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