LINCOLN SUB
700 16th St # 109, Miami Beach FL 33139
1 beds · 1 baths · 541 ft²
$270,000
Est. Payment $1,437/mo
1
Bedrooms
1
Bathrooms
541
Sq. Ft.
1941
Year Built
2
Stories
0
Days on Market
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.
Facts
- MLS#
- A12033629
- Subdivision
- LINCOLN SUB
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1941
- Lot Size
- 0 sqft
- Sq. Ft.
- 541 ft²
- Sq. Mt.
- 50 m²
- Price per sq. ft.
- $499/ft²
- Price per sq. mt.
- $5,400/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- Jun 9, 2026
- Last Updated
- Jun 9, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
29
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/9/2026 | Listed for sale | $270,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Emerald Cove Middle School6,7,8 · public · 0.6 mi
Equestrian Trails Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
Renaissance Charter School At WellingtonKG,1,2,3,4,5,6,7,8 · charter · 0.8 mi
Palm Beach Central High Adult EducationUG · public · 1.4 mi
Palm Beach Central High School9,10,11,12 · public · 1.4 mi
Score At The Top Learning Center - Wellington5,6,8,9,10,11,12 · private · 1.4 mi
Discovery Key Elementary SchoolKG,1,2,3,4,5 · public · 1.4 mi
Wellington Montessori EducationPK,KG · private · 1.7 mi
Wellington Preparatory SchoolKG,1,2,3,4,5 · private · 1.7 mi
Wellington Preparatory SchoolPK,KG,1,2,3,4,5,6,7,8,9,12 · private · 1.7 mi
Estimated Monthly Payment
$1,812/mo
Principal & Interest
$1,437
Property Tax
$225
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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