700 16th St #109

Lincoln Sub, Miami Beach, FL 33139

$270,000
  • 1 Bedroom
  • 1 Bathroom
  • 541 Sqft

700 16th St #109
Lincoln Sub, Miami Beach, FL 33139

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32 / Miami Beach / FL

Condo HIGHLIGHTS

  • Property Type

    Condo

  • Year Built

    1941

  • Cooling

    Yes - Central Air

  • Heating

    Yes - Electric

  • Stories

    2

  • Views

    Yes - Other

  • RE Tax

    $3,624

Listing courtesy of Fabrizio Passatore of The Keyes Company.

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.
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  • Bathrooms (Full)

    1

  • Bedrooms Total

    1

  • Living Area

    541 Sqft

  • MLS #

    A12033629

  • Property Type

    Condo

  • Subdivision

    Lincoln Sub

  • Year Built

    1941

  • Laundry Features

    Common Area

  • Security Features

    Closed Circuit Camera(s), Fire Alarm, Other, Smoke Detector(s)

  • Building Area Total

    541

  • Construction Materials

    Block

  • Entry Level

    1

  • Property Attached

    Yes

  • Total Stories

    2

  • Year Built

    1941

  • Association Amenities

    Laundry

  • Association Fee Includes

    Maintenance Structure

  • Has Association

    Yes

  • Pets Allowed

    Yes

  • Subdivision

    LINCOLN SUB

  • Parking Features

    On Street

  • View

    Yes - Other

  • Annual Taxes

    $3,624

  • Association Fee

    $713 (Monthly)

  • Appliances

    Dishwasher, Microwave, Refrigerator, Self Cleaning Oven

  • Cooling

    Yes - Central Air

  • Flooring

    Ceramic Tile

  • Heating

    Yes - Electric

  • Interior Features

    Master Downstairs

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $302
  • Maintenance / Common Charges $713

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

700 16th St #109

Location

Nearby Points of Interest

  • Depot

    Restaurants, Independent

  • Jezebel Bar & Kitchen

    Restaurants, Independent

  • Fresh Vending Machines LLC

    Retail, Independent

  • Dialysis Access Specialists LLC

    Health Care, Independent

  • Muze Restaurant

    Restaurants, Independent

Data courtesy of LocalLogic.co

South Beach
Neighborhood

South Beach

South Beach, Miami Beach, FL, is a lively coastal neighborhood known for its iconic beaches, historic Art Deco architecture, and vibrant social and cultural scene. Expansive sandy shores and clear waters make it ideal for swimming,...

700 16th St #109

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.


This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.