16385 BISCAYNE BLVD 1216, North Miami Beach, FL 33160

Parcel: 0722160510400 · Residential · Condominium - Residential · Zoning: 6400

Assessed Value (2025)
$490,185

Property Details

Beds
2
Baths
2
Living Sqft
1,107
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$571,000
2018-12-19
BLUE PALMS HOLDINGS LPPINHO LLC
2
$590,000+3%
2023-04-11
PINHO LLCRSPI LLC
3
$590,000
2023-05-11
4
$1,390,000+136%
2024-04-10
RSPI LLCMACALUTE LLC
5
$1,390,000
2024-04-19

Tax Assessment History

$490,185
Assessed (2025)
$490,185
Market Value
$490,185
Taxable Value
$9,980
Annual Tax
2024
$515,984
2025
$490,185
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $490,185 $490,185 $490,185 $9,980
2024 $515,984 $515,984 $515,984 $10,505

About 16385 BISCAYNE BLVD 1216, North Miami Beach, FL 33160

16385 BISCAYNE BLVD 1216, North Miami Beach, FL 33160 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2018 with 1,107 square feet of living space. The property is currently owned by MACALUTE 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 2024-04-19 for $1,390,000. There are 5 recorded sales for this property. The 2025 assessed value is $490,185 with a market value of $490,185.

The assessed value decreased 5% from $515,984 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 $80,551, and the median home value is $272,500. The population density is 8,857 people per square mile. There are active mortgage liens totaling $25,425 recorded against this property.

16385 BISCAYNE BLVD 1216, North Miami Beach, FL 33160 is located in North Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2024, with 5 recorded transactions in the public record.

The current assessed value represents 35% 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 $1256 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

MACALUTE LLC
8011 HARDING AVE UNIT 8, MIAMI BEACH, FL, 33141
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,341 — $5,701
Flood $400 — $800
Property/Wind $2,941 — $4,901

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$80,551
Median Home Value$272,500
Pop. Density8,857/sq mi

Neighborhood 16385

100%
Owner-Occ
0%
Investor
12
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →

Mortgages

ACTIVE
$412,750
~$25,425 bal.
ELS HOLDINGS LLC · 2025-02-03
Est. Total Balance $25,425
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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