Condominium
700 16th St # 109
700 16th St # 109, Miami Beach FL 33139 Get directions
$270,000
1 Bed · 1 Bath · 541 SqFt
See estimated monthly costThis listing is courtesy of The Keyes Company. Fabrizio Passatore 305-898-7224
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.
Facts & features
Interior
- Living area (sq ft)
- 541
- Full bathrooms
- 1
- First Floor Entry
Building & exterior
- Year built
- 1941
- Other View
- Other
- On Street
HOA (homeowners association)
- Association fee
- $713 per month
- Pets allowed
- Yes
- Laundry
- Corporate Buyer OK
- No Restrictions
Taxes
- Annual tax
- $3,624
- Tax year
- 2025
- Parcel number
- 02-32-34-240-0080
Listing
- MLS number
- A12033629
- Property type
- Condominium
- Price per SqFt
- $499
- Subdivision
- LINCOLN SUB
- On market since
- Jun 9, 2026
- Days on market
- 42
Estimated monthly cost
$2,583 per month
- Principal & interest (30 yr)
- $1,365
- Property tax
- $302
- Insurance (estimated)
- $203
- Association fee
- $713
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Miami Beach Adult & Community Education Center
- Lincoln-Marti Community Agency 41
- Miami Beach Fienberg/Fisher K-8 Center
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Senior High
- Rabbi Alexander S. Gross Hebrew Academy
Similar homes nearby
Active listings within two miles, with a comparable size and price.
1601 Meridian Ave # 104, Miami Beach FL 33139
$660/mo HOA
The Keyes Company
1601 Meridian Ave # 101, Miami Beach FL 33139
$626/mo HOA
COSMORE Florida Corp.
1560 Meridian Ave # 207, Miami Beach FL 33139
$699/mo HOA
Coldwell Banker Realty
1560 Meridian Ave # 108, Miami Beach FL 33139
$707/mo HOA
Florida.Doc Inc
1560 Meridian Ave # 206, Miami Beach FL 33139
$693/mo HOA
Florida.Doc Inc
700 16th St # 201, Miami Beach FL 33139
$712/mo HOA
Florida.Doc Inc
1600 Euclid Ave # 203, Miami Beach FL 33139
$590/mo HOA
Price cut: $10,000 (−3.6%)
The Keyes Company
1559 Meridian Ave # 108, Miami Beach FL 33139
$652/mo HOA
One Sotheby's International Realty
Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.