700 16th St, #109, Miami Beach, FL 33139

$270,000
Active for Sale
1 Beds
1 Baths
541 SF
Built In 1941
 
Listing ID 55047130
Property Type Condo
County Miami-Dade
Unit 109
FEMA Flood Map fema.gov/portal
Year Built 1941
Virtual Tour
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 buildings 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
  • 1 Total Bedrooms
  • 1 Full Bath
  • 541 SF (AG)
  • 541 SF (Total)
  • Built in 1941
  • 2 Stories
  • Unit 109
Interior Features
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Electric Fuel
  • Central A/C
Exterior Features
  • Subdivision: Lincoln Sub
Listed By
PresidentsCircle
Mobile: 305-898-7224
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:

Mortgage Calculator

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and PMI.

The amount you plan to offer for a home.
Cash you can pay when you close.
Varies depending on lender and credit score.
Affects interest rates. 30- or 15-year loans are standard.
Amortization Schedule

Advanced Options

Percentage of home's value. Varies by area.
Based on average insurance costs nationally.
Required if down payment is less than 20%. Rate depends on lender and credit score.
Fees paid in some shared complexes for maintenance.
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 9 minus 4?