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Homes for sale in Miami Beach
Condominium

700 16th St # 109

Miami Beach, FL 33139
$270,000
Beds
1
Baths
1
Sq ft
541
Year built
1941
Price per sq ft
$499

Listing courtesy of Fabrizio Passatore, The Keyes Company

About this home

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.

Details

Property

Type
Condominium
Style
Corner Unit
Building
Condo 1-4 Stories
Year built
1941
Stories
2
Building name
Bogart
Subdivision
LINCOLN SUB
County
Miami-Dade County
View
Other View
Flood zone
AE

Interior

Appliances
Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Flooring
Ceramic Floor
Cooling
Central Air
Heating
Electric
Features
First Floor Entry

Exterior and parking

Parking
On Street
Construction
CBS Construction

Community and fees

Association fee
$713 monthly
Amenities
Laundry
Maintenance includes
Building Exterior, Common Area
Security
Fire Alarm, Smoke Detector, TV Camera
Annual taxes
$3,624
Terms
All Cash, Lease Purchase
Minimum lease (days)
30

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 21, 2026.