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

$270,000 — Active

Property Features

Map Map It    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 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.

Property Details

  • Listing ID: A12033629
  • Status: Active
  • Listing Date: 2026-06-09
  • Property Type: Condominium
  • Unit / Building #: 109
  • Subdivision: LINCOLN SUB
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Living Area Sq Ft: 541
  • Year Built: 1941

Financial

  • List Price: $270,000
  • HOA Fee: $713/mo
  • Taxes: $3,624/yr

Features & Amenities

  • View: Other
  • 55+ Community (HOPA): Yes
  • Pets Allowed: Yes
  • Parking: On Street
  • Cooling: Central Air
  • Heating: Electric
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Exterior Features: Other
  • Community Amenities: Laundry

Courtesy of The Keyes Company
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.