1008 16 ST, Miami Beach, FL 33139

1008 16 ST, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1932 with 1,787 square feet of living space on a 8,000 square foot lot. The property is currently owned by IR REAL ESTATE LLC, 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 2021-01-29 for $1,690,000, when THOMAS THINGELSTAD sold to IR REAL ESTATE LLC. The property has appreciated $990,000 (141%) since the prior sale of $700,000 on 2009-05-27. There are 3 recorded sales for this property.

The 2025 assessed value is $1,816,181 with a market value of $1,816,181. This breaks down to $1,600,000 for the land and $216,181 for the building. The assessed value decreased 8% from $1,976,652 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $41,263, and the median home value is $450,000.

The population density is 13,556 people per square mile. There are active mortgage liens totaling $1,029,712 recorded against this property. 1008 16 ST, 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 2005 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price.

Based on the most recent sale, this property traded at $946 per square foot — a key metric for comparing value across Miami Beach's real estate market..