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Waterfront · Condominium
$1,295,000$1,194 / sqft
16 Island Ave # 4E, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
1,085 sqft
Interior
1958
Year built
$2,045 / mo
HOA
Condominium
Type
About this home
Designed by famed architect Robert Swartburg, Belle Towers stands as an architectural landmark on the exclusive island of Belle Isle. This meticulously curated residence combines modern sophistication and art deco charm. The living room features recessed architectural lighting by Delta Light, honed 16"x36" Harlequin granite flooring throughout, custom plaster-textured walls in the dining area and kitchen add artisanal depth to the space. The kitchen—true to the building's original design—showcases lacquer millwork, Cesar Stone countertops, hand-glazed terra-cotta backsplash tile with integrated outlets, brushed satin Watermark fixtures, and oversized nickel hardware, complete with a Miele dishwasher and Bertazzoni oven and induction cooktop. The bedroom offers designer sisal, stain-resistant carpeting, and custom closets provide tailored storage throughout. Residents enjoy resort-style amenities, including a bayside pool with outdoor kitchen, a newly renovated lobby, and a state-of-the-art fitness center—all set against sweeping waterfront views moments from South Beach and Downtown.
Features
- Interior Hall
- Lobby
- First Floor Entry
- Storage
- Open Balcony
- Other View
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.