$270,000

700 16th Street 109, Miami Beach, FL 33139

  • 1 bed |
  • 1 bath |
  • 541 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $499/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
June 9, 2026
Data Last Updated:
June 10, 2026 at 3:26PM
Listing Office:
The Keyes Company : 305-531-5803
Listing Agent:
Fabrizio Passatore : 305-898-7224
MLS ID:
A12033629
  • General: Main Level Primary
  • Appliances: DishwasherMicrowaveOvenRefrigerator
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Electric
  • General: Other
  • Parking: On Street
  • General: Block2
  • HOA Amenities: LaundryCommon AreasMaintenance Structure713.0Monthly
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: BOGART CONDO UNIT 109 UNDIV 6.25% INT IN COMMON ELEMENTS OFF REC 30061-05780232342400080
  • View: OtherView
  • Source: BEACH_MIAMI

This listing courtesy of Fabrizio Passatore , The Keyes Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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