LINCOLN SUB

700 16th St # 109, Miami Beach FL 33139

1 beds · 1 baths · 541 ft²

For Sale · Active Listing

$270,000

Est. Payment $1,437/mo

MLS Sheet Video

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.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

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).

6/9/2026Listed 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

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

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,812/mo

Principal & Interest

$1,437

Property Tax

$225

Insurance

$150

HOA

$0

20% ($54,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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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.

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Updated within 24 hours

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