700 16th St 109, Miami Beach, FL 33139

Bed
1
Bath
1
Sqft
541

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byThe Keyes Company
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Number of bedrooms
1
Number of bathrooms
1
Square feet
541
Year built
1941

Utilities

Heating
Electric
Cooling
Central Air

Estimated monthly costs

HOA Fees
$713

Taxes

Tax Annual Amount (2025)
$3,624

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MIAMI REALTORS MLS MLS®#: A12033629 Last checked:

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.