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For Sale📷 9 photos · click to enlarge
×Listing photo
Lincoln Sub - Unit 109
← View all Lincoln Sub listings
$270,000

Details

Bedrooms1
Full Baths1
Half Baths0
Living Area541 sqft
Price / SqFt$499
MLS #A12033629
Year Built1941
Days on Market42
Listed DateJun 9, 2026

The Unit

Floor1
Total Area541 sqft
ViewOther View
FlooringCeramic Floor
Interior FeaturesFirst Floor Entry
AppliancesDishwasher, Microwave, Refrigerator, Self Cleaning Oven
CoolingCentral Air
HeatingElectric

The Building

Floors in Building2
Building TypeCondo 1-4 Stories
ConstructionResale
AmenitiesLaundry
SecurityFire Alarm, Smoke Detector, TV Camera
ParkingOn Street
Flood ZoneAE

Costs and Rules

HOA Fee$713 / month
HOA Fee IncludesBuilding Exterior, Common Area
Tax Year2025
Application Fee$125
Minimum Lease30 days
RestrictionsCorporate Buyer OK, No Restrictions
Accepted TermsAll Cash, Lease Purchase

Description

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.

Listing courtesy of The Keyes Company. Information deemed reliable but not guaranteed via the MIAMI Association of REALTORS IDX feed.

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