$270,000

700 16TH ST #109, MIAMI BEACH, FL 33139

1 bed1 bath541 sq ftCondo or villaBuilt 1941
Updated today, November 3, 2026

This home against Miami Beach

$499 per sq ft, 29% under the Miami Beach median
149 days on the market
$3,624 in property taxes (2025)

Miami Beach today: 1,858 homes for sale, median list price $659,000.

About this home

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.

Zoned schools

Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of The Keyes Company. MLS# A12033629.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed June 7, 2026.

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