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

Presented By: The Keyes Company
Home Details
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.
Presented By: The Keyes Company
Interior Features for 700 16th Street 109
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramicTile
Heating Y/NYes
Interior AmenitiesMainLevelPrimary
Total Stories2
Other Rooms
Entry Level1
General for 700 16th Street 109
AppliancesDishwasher, Microwave, Oven, Refrigerator
Assoc Fee Paid PerMonthly
Association AmenitiesLaundry
Association Fee IncludesCommonAreas, MaintenanceStructure
Carport Spaces
CityMiami Beach
Community FeaturesHomeOwnersAssociation
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
DisclosuresOwnerIsListingAgent
Elementary SchoolMiami Beach Fienberg / Fisher K-8
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$713
HeatingElectric
High SchoolMiami Beach
Legal DescriptionBOGART CONDO UNIT 109 UNDIV 6.25% INT IN COMMON ELEMENTS OFF REC 30061-0578
MLS Area2320
New ConstructionNo
Occupancy TypeOwner
Pets AllowedYes
PossessionNegotiable
PostalCityMiami Beach
Property ConditionResale
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Security FeaturesClosedCircuitCameras, FireAlarm, Other, SmokeDetectors
Senior Community Y/NYes
Standard StatusActive
StatusActive
Subdivision NameLINCOLN SUB
Tax Annual Amount3624
Tax Year2025
Unit Number109
ViewOther
Virtual TourClick here
Year Built1941
Exterior for 700 16th Street 109
Building Area Total541
Covered Spaces
Exterior AmenitiesOther
Parking FeaturesOnStreet
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Miami Beach High School
Elementary School
Miami Beach Fienberg / Fisher K-8 Elementary School
Jeri James
Realtor®
SQFT • 541