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
Status
ACTIVE
Days on Market
116
MLS#
A12033629
Subtype
Residential
Year Built
1941
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
541
Subdivision
Lincoln Sub
MLS Area Major
2320

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

Amenities
Home Owners Association, Laundry
Interior Features
Main Level Primary
Exterior Features
Other
Taxes
$3,624
HOA Fee
$713
HOA Freqency
Monthly
Pets Allowed
Yes
Pets
Yes
Flooring
Ceramic Tile
Appliances
Dishwasher, Microwave, Oven, Refrigerator
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Stories
2
Parking Features
On Street
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
View
Other

Listing courtesy of The Keyes Company. Contact:

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Agent: Fabrizio Passatore | Email: fabriziopassatore@gmail.com