16 ISLAND AVE 8F, Miami Beach, FL 33139

16 ISLAND AVE 8F, Miami Beach, FL 33139 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1958 with 1,085 square feet of living space. The property is currently owned by MARC A SCHWARTZ TRS MARC A SCHWARTZ TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-05-06 for $2,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $729,380 with a market value of $1,062,768.

The assessed value increased 10% from $663,073 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 8F, 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 2008 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 36% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1843 per square foot — a key metric for comparing value across Miami Beach's real estate market..