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Waterfront · Condominium
$1,750,000$1,613 / sqft
16 Island Ave # 6E, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
1,085 sqft
Interior
1958
Year built
$2,037 / mo
HOA
Condominium
Type
About this home
Rarely available 1BD condo at the prestigious BELLE TOWER, boasting an impressive 1,085 square feet of elegant living space. Every detail has been meticulously updated by the owner, including gorgeous Terrazzo flooring that adds a touch of sophistication throughout this exquisite home. The gourmet kitchen is a chef's dream, featuring top-of-the-line Wolf and SubZero appliances that ensure culinary excellence. An in-unit washer and dryer offer the utmost convenience, while the integrated Sonos sound system provides an immersive audio experience, perfect for entertaining or simply enjoying your favorite tunes. For those seeking a turnkey solution to upscale urban living, your search ends here.Unit comes with one assigned parking. Owner willing to consider seller financing options.
Features
- Built-in Features
- Closet Cabinetry
- East Of Us1
- Other
- Garden View
- Intracoastal View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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.