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Slice RealtyPropiedad Futura

$270,000

1 bd · 1 ba · 541 sq ft · Condominium

700 16th St # 109, Miami Beach FL 33139

For Sale · Active listing

Est. payment $1,484/mo · Mortgage calculator

Listed by The Keyes Company / Fabrizio Passatore

Contact: 305-898-7224 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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
MLS #
A12033629
Subdivision
LINCOLN SUB
Property type
Residential
Property subtype
Condominium
Sq. ft.
541
Price per sq. ft.
$499 / sq ft
Year built
1941
Days on market
42
County
Miami-Dade County
Date listed
Jun 9, 2026
Last updated
Jul 21, 2026
Financial considerations
HOA fee
$713 monthly
Taxes
$3,624 (2025)
HOA amenities
Laundry
Exterior features
Waterfront
No
View
Other View
Construction
CBS Construction
Additional features
Other
Interior features
Heating
Electric
Cooling
Central Air
Appliances
Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Additional features
First Floor Entry
Additional features
Security
Fire Alarm, Smoke Detector, Other, TV Camera

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$216,000
Total cost of mortgage$534,157
Monthly payment$1,484

Local context (our analysis)

1,891 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $499 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Jul 21, 2026, 8:11 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.