1616 MICHIGAN AVE 9, Miami Beach, FL 33139

Parcel: 0232341130210 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$150,282

Property Details

Baths
1
Living Sqft
420
Year Built
1940
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$112,000
2012-06-06
IRENA TURINALINCOLN RD VILLAS S CONO ASSN INC
2
$142,414+27%
2013-08-21
LINCOLN RD VILLAS S CONO ASSN INCBETTY CAPOTE
3
$164,000+15%
2015-05-14
BETTY CAPOTEARY2001 INC

Tax Assessment History

$150,282
Assessed (2025)
$151,400
Market Value
$150,282
Taxable Value
$3,060
Annual Tax
2024
$136,620
$142,830
2025
$150,282
$151,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $150,282 $151,400 $150,282 $3,060
2024 $136,620 $142,830 $136,620 $2,781

About 1616 MICHIGAN AVE 9, Miami Beach, FL 33139

1616 MICHIGAN AVE 9, Miami Beach, FL 33139 is a residential - total value : condominium - residential built in 1940 with 420 square feet of living space. The property is currently owned by ARY2001 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 2015-05-14 for $164,000, when BETTY CAPOTE sold to ARY2001 INC. The property has appreciated $21,586 (15%) since the prior sale of $142,414 on 2013-08-21. There are 3 recorded sales for this property.

The 2025 assessed value is $150,282 with a market value of $151,400. The assessed value increased 10% from $136,620 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 9, 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 2012 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $390 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ARY2001 INC
4770 BISCAYNE BLVD STE 960, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,203 — $4,106
Flood $400 — $800
Property/Wind $1,803 — $3,306

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 →
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