700 16th St #109 Miami Beach, FL 33139
1 Bed
1 Bath
541 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 541 sqft
Price per Sqft $499
Subdivision Lincoln Sub
MLS Listing ID A12033629
Bedrooms 1
Full Baths 1
HOA Fees $713/mo
HOA Y/N Yes
Min Days of Lease 30
Leases Per Year 12
Year Built 1941
Annual Tax Amount $3,624
Tax Year 2025
Property Sub-Type Condominium
Property Description
700 16th Street #109, Miami Beach, FL
Purchase Price: $270,000
Lease Option Program: $3,500/month for 24 months
Future Purchase Balance: $200,000 through cash payment or mortgage at closing
Unique Opportunity in the Heart of Miami Beach
Rare 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 entertainment
Lease With Option to Buy Structure
Monthly Rent: $3,500
Lease Term: 24 Months
Purchase Price Locked Today: $270,000
Final Balloon Payment / Mortgage Balance: $200,000
Opportunity 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.
Location
State FL
County Miami-dade
Community Lincoln Sub
Area 32
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Appliance Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Laundry Common Area
Exterior
Exterior Feature Other
Amenities Available Laundry
View Other
Garage No
Private Pool Yes
Building
Structure Type Block
Others
Pets Allowed Yes
HOA Fee Include Common Areas,Maintenance Structure
Senior Community No
Restrictions Corporate Buyer OK,No Restrictions
Tax ID 02-32-34-240-0080
Security Features Closed Circuit Camera(s),Fire Alarm,Other,Smoke Detector(s)
Acceptable Financing Cash, Lease Purchase
Listing Terms Cash, Lease Purchase
Special Listing Condition Listed As-Is
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12033629
