Miami Beach, FL 33139 700 16th St 109
$270,000

Presented By: This listing is courtesy of The Keyes Company
Home Details
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.
Presented By: This listing is courtesy of The Keyes Company
Interior Features for 700 16th St 109
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
Interior AmenitiesBedroom on Main Level, First Floor Entry
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 700 16th St 109
AppliancesDishwasher, Microwave, Refrigerator, Self Cleaning Oven
Assoc Fee Paid PerMonthly
Association AmenitiesLaundry
Association Fee IncludesCommon Areas, Maintenance Structure
AttributionContact305-898-7224
Carport Spaces
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
DisclosuresOwner Is Listing Agent
Entry Location1
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$713
HeatingElectric
Lease Considered Y/NNo
Legal DescriptionBOGART CONDO UNIT 109 UNDIV 6.25% INT IN COMMON ELEMENTS OFF REC 30061-0578
Listing TermsCash, Lease Purchase
Lot Size UnitsSquare Feet
MLS Area32
Occupancy TypeOwner
Pets AllowedYes
PossessionNegotiable
PostalCityMiami Beach
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsCorporate Buyer OK, No Restrictions
Security FeaturesClosed Circuit Camera(s), Fire Alarm, Other, Smoke Detector(s)
Senior Community Y/NNo
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Subdivision NameLINCOLN SUB
Tax Annual Amount3624
Tax Year2025
Total Rooms0
Unit Number109
ViewOther
Virtual TourClick here
Year Built1941
Year Built DetailsResale
Exterior for 700 16th St 109
Building Area Total541
Covered Spaces
Exterior AmenitiesOther
Parking FeaturesOn Street
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Terese Cobey Haupert
Realtor
SQFT • 541