Cramer William W. sold a one-bedroom, 1 1/2-bath home at 20 Island Ave., Unit 205, in Miami Beach, to Mattos Rodrigo and Velasco Pedro J. for $160,000 on Sept. 2. The home has 856 square-feet of living space.

Built in 1962, the home is located in the Venetian Islands neighborhood of Miami Beach. Twenty-one similar homes in this neighborhood sold for between $235,000 and $352,000 during the past year.

According to BlockShopper, there have been 3,786 home sales in Miami Beach during the past 12 months with a median sale price of $300,000.

Address: 20 Island Avenue, Unit: 205
Buyer(s): Mattos Rodrigo and Velasco Pedro J.
Seller(s): Cramer William W.
Sale date: Sep. 2, 2014