$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.
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.
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.