For sale
Photo 1 of 9$270,000
For sale700 16th St #109, Miami Beach FL 33139
1 beds1 baths541 sq ftBuilt 1941MLS# A12033629
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About this property
LEASE WITH OPTION TO BUY
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.
Property details
- Property type
- Condo
- Year built
- 1941
- Living area
- 541 sq ft
- Price per sq ft
- $499
- HOA fee
- $713/mo
- Property taxes
- $3,624/yr
- Floors in building
- 3
- Building / community
- Lincoln Sub
- Status
- For sale
- MLS #
- A12033629
