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$1,908,792Estimated home value

Beds
2
Baths
2.5
sq ft
1,570

16 Island Ave Unit 7D, Miami Beach, FL 33139

16 Island Ave Unit 7D

Miami Beach, FL 33139

  • Sold On 6/7/2023
    • Price drop $204,000↓
Modern 7th floor unit with 9 ft ceilings. Light, bright spacious condo with sweeping bay views from all rooms. Totally remodeled w/ gourmet kitchen , two large ensuite bedrooms with marble baths, large closet space and bonus office/den area. Open corner balcony w/ built in seating. Hurricane windows throughout; white limestone floors in living areas; new carpeted bedrooms. Covered parking w/ valet for guest, heated pool bbq area. Boat dock space available. Tax records reflect 1,570 sq/ft as per revised measurements are 1,925 sq/ft

Details

Property type

Condominium

Est. home value

$1,908,792

Lot size

Unknown

Price per sq ft

$1,303

Year built

1958

Annual property taxes

$18,885

Monthly HOA fee

$1,997

Price History

03/21/2025
SEF

SEF #A11767516

Removed
$2,495,000
03/20/2025
SEF

SEF #A11767516

Listed
$2,495,000
+42.57%
06/01/2023
SEF

SEF #A11312426

Sold
$1,750,000

Schools & Community

Neighborhood: 

Belle Isle

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Unknown

High school: 

Miami Beach

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ubs Bank Usa

Loan start date

June 2023

Original loan amount

$1,344,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Edward Fluker and Frank Destra

Lender

Ubs Bank Usa

Loan start date

June 2023

Original loan amount

$1,344,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Edward Fluker and Frank Destra

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 03/21/2025 at 3:55 AM

Listing updated: 10/11/2024 at 4:06 AM

Listed by: William Hahne, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: SEF #A11312426

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