700 16th St 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
Community
Lincoln Sub
Subdivision
Lincoln Sub
Year Built
1941

Property Description

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.

Additional Information

Hoa
Yes
Hoa Amount
713
Status Label
ACTIVE
Unit Floor Number
1
Construction
CBS Construction
Cooling
Central Air
Equipment
Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Flooring
Ceramic Floor
Heating
Electric
Parking
On Street
Bedroom Description
At Least 1 Bedroom Ground Level
Security
Fire Alarm, Smoke Detector, Other, TV Camera
Taxes
$3,624
View
Other View
Unit Number
109
Total Floors
2
Stories
2
Price Per Sqft
$499

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of The Keyes Company, Contact: 305-898-7224