700 16th Street Unit 109, Miami Beach, FL 33139

$270,000
1
BD
1
BA
541
SqFt

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List Price
$270,000
MLS#
A12033629
Bedrooms
1
Bathrooms
1
Sq. Ft
541
Subtype
Condominium
County
Miami-Dade
Subdivision
Lincoln Sub
Region
2320
Year Built
1941

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.

Additional Information

Hoa Fee
$713
Hoa Freq
Monthly
Heating
Electric
Cooling
Central Air
Exterior Features
Other
Community Features
Home Owners Association
Flooring
Ceramic Tile
Construction
Block
Living Area
541
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Pets Allowed
Yes

Listing courtesy of The Keyes Company. Contact:

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