Active
condo
SALE
700 16th Street 109, Miami Beach, Florida 33139
Miami Beach, FL 33139
$270,000
1 bed
1 bath
541 sqft
HOA: $713.00
Property Details
MLS#
A12033629
Type
Condo
Square Footage
541
Bedrooms
1
Bathrooms
1 full
Year Built
1941
Tax Amount
$3,624
HOA Fees
$713
Property Description
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.
Amenities
2 Stories
Built 1941
Cooling: Central Air
Heating: Electric
Main Level Primary
Other
View: Other
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
The Keyes Company
Listing Agent:
Fabrizio Passatore
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