700 16th St Unit #109, Miami Beach, FL 33139

$270,000
1
BD
1
BA
541
SqFt

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List Price
$270,000
MLS#
A12033629
Complex Name
Bogart
Status
ACTIVE
Type
Condo
Bedrooms
1
Full baths
1
Living Area
541

Property 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.

Additional Information

Days on Market
49
Interior Features
First Floor Entry
Tax Amount
$3,624
Parcel Number
02-32-34-240-0080
Bedroom Description
At Least 1 Bedroom Ground Level
Exterior Features
Other
Association Fee
$713
Unit View
Other View
Parking Restrictions
On Street
Unit Number
109
SqFt Liv Area
541
Amenities
Laundry
Year Built
1941
Style
Condo 1-4 Stories, Condo
Restrictions
Corporate Buyer OK, No Restrictions
Development Name
Lincoln Sub
Construction Type
CBS Construction
Section
34

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Listing Courtesy of The Keyes Company, Contact: 305-898-7224