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.
- Built in 1941
- $499.08/sqft
- 3 days on market
- Directions:
- County: Miami-Dade County
- Geo subdivision: LINCOLN SUB
Features
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Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Community Info
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Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Jessica Giraldo
Realtor®
- Source: Miami Realtors MLS
- MLS #: A12033629
Listing updated: June 12, 2026 at 7:14PM
Listing provided by: Fabrizio Passatore, The Keyes Company
Last checked 2 hours ago
Listing provided by: Fabrizio Passatore, The Keyes Company
Last checked 2 hours ago
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