LEASE WITH OPTION TO BUY700 16th Street #109, Miami Beach, FLPurchase Price: $270,000Lease Option Program: $3,500/month for 24 monthsFuture Purchase Balance: $200,000 through cash payment or mortgage at closingUnique Opportunity in the Heart of Miami BeachRare corner unit offering exceptional flexibility for both end-users and investors. Located at 700 16th Street in the vibrant Miami Beach area, this property features a private independent entrance with no direct connection to the building's common areas, creating a unique sense of privacy and accessibility.The unit has never been lived in and it is utilized as an office, resulting in an almost brand-new condition throughout.? Corner unit with abundant natural light? Brand-new kitchen? New, never-used appliances? Never occupied as a residence? Excellent condition throughout? Private independent entrance? No direct connection to common building hallways or common areas? Prime Miami Beach location near Lincoln Road, shopping, dining, and entertainmentLease With Option to Buy StructureMonthly Rent: $3,500Lease Term: 24 MonthsPurchase Price Locked Today: $270,000Final Balloon Payment / Mortgage Balance: $200,000Opportunity to secure ownership while building toward future financing.This unique layout and private entrance make the property particularly attractive for professionals, seasonal residents, and investors seeking a versatile Miami Beach asset in a highly desirable location.
Property Details
MLS#
A12033629
Price
$270,000
Status
Active
Beds
1
Full Baths
1
Square Feet
541 ft² / 50 m²
Price Per Sq Ft
$499
Type
Residential
Year Built
1941
Taxes
$3,624 / Year
HOA Fees
$713 / Monthly
Subdivision
LINCOLN SUB
Waterfront
No
Property Details
MLS#
A12033629
Price
$270,000
Beds
1
Full Baths
1
Square Feet
541 ft² / 50 m²
Price Per Sq Ft
$499
Type
Condominium
Status
Active
Year Built
1941
Taxes
$3,624 / Year
HOA Fees
$713 / Monthly
Subdivision
LINCOLN SUB
Waterfront
No
Location
Listing Courtesy of The Keyes Company
Property Information
General Information
General Information
For Lease: No
Pet Restrictions : No
County Or Parish : Miami-Dade
Zip Code : 33139
City : Miami Beach
List Price : $270,000
Maintenance / Tax Information
Tax Amount : $3,624
Tax Year : 2025
Membership Required : No
Building Information
Property Type : Residential
Subdivision : LINCOLN SUB
School Information
Elementary School : Miami Beach Fienberg / Fisher K-8
700 16th, #109 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on Jun 09, 2026 by The Keyes Company for $270,000. Located in LINCOLN SUB is a 1-bed, 1-bath, 541 ft² / 50 m² sqft condo built in 1941.