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About This Property
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.
Property Features
County
Miami-Dade County
Section
34
Area
541
Subdivision
LINCOLN SUB
Interior
First Floor Entry
Cooling
Central Air
Bedrooms
1
Floors
Ceramic Floor
Full Baths
1
Appliances
Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Heating
Electric
Style
Corner Unit
Garage Spaces
0
Construction/Exterior
CBS Construction
Patio / Deck Description
Exterior
Other
Has a Pool
Possession
Negotiable
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
On Street
View
Other View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Condominium
Tax Year
2025
Year Built
1941
Tax Amount
$3624
APN
NA
Square Feet Source
NA
Map
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