16 ISLAND AVE 8B, Miami Beach, FL 33139

Parcel: 0232330380420 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$318,036

Property Details

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

Sales History

1
$65,000
1974-03-01
2
$230,000+254%
1996-05-01
3
$100non-market transfer
2012-11-19
HAROLD KRAMER &W ELAINEELAINE KRAMER TRS

Tax Assessment History

$318,036
Assessed (2025)
$2,442,463
Market Value
$267,314
Taxable Value
$5,442
Annual Tax
2024
$309,073
$2,282,676
2025
$318,036
$2,442,463
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $318,036 $2,442,463 $267,314 $5,442
2024 $309,073 $2,282,676 $259,073 $5,275

About 16 ISLAND AVE 8B, Miami Beach, FL 33139

16 ISLAND AVE 8B, 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 ELAINE KRAMER TRS PETER KRAMER TRS, 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 2012-11-19 for $100, when HAROLD KRAMER &W ELAINE sold to ELAINE KRAMER TRS. The property sold for $229,900 less than the prior sale of $230,000 on 1996-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $318,036 with a market value of $2,442,463. The assessed value increased 3% from $309,073 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. 16 ISLAND AVE 8B, 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 1974 to 2012, with 3 recorded transactions in the public record..

Current Owner

ELAINE KRAMER TRS PETER KRAMER TRS
16 ISLAND AVE #8B, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,216 — $7,796
Flood $400 — $800
Property/Wind $3,816 — $6,996

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 →
Zoom in to see property sales