1616 MICHIGAN AVE 7, Miami Beach, FL 33139

Parcel: 0232341130190 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$239,580

Property Details

Beds
1
Baths
1
Living Sqft
660
Year Built
1940
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$187,500
2003-02-01
2
$185,000-1%
2011-07-11
CARL JOSEPH TROTTORICO INVESTMENTS CORP
3
$215,000+16%
2016-10-10
RICO INVESTMENTS CORPDUCKLAND INC

Tax Assessment History

$239,580
Assessed (2025)
$248,400
Market Value
$239,580
Taxable Value
$4,878
Annual Tax
2024
$217,800
$248,400
2025
$239,580
$248,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $239,580 $248,400 $239,580 $4,878
2024 $217,800 $248,400 $217,800 $4,434

About 1616 MICHIGAN AVE 7, Miami Beach, FL 33139

1616 MICHIGAN AVE 7, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1940 with 660 square feet of living space. The property is currently owned by DUCKLAND INC, 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 2016-10-10 for $215,000, when RICO INVESTMENTS CORP sold to DUCKLAND INC. The property has appreciated $30,000 (16%) since the prior sale of $185,000 on 2011-07-11. There are 3 recorded sales for this property.

The 2025 assessed value is $239,580 with a market value of $248,400. The assessed value increased 10% from $217,800 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.

1616 MICHIGAN AVE 7, 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 2003 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 111% of the most recent sale price. Based on the most recent sale, this property traded at $326 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

DUCKLAND INC
3250 GRAND AVE 201, COCONUT GROVE, FL, 33133
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,274 — $6,070
Flood $400 — $800
Property/Wind $2,874 — $5,270

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$41,263
Median Home Value$450,000
Pop. Density13,556/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