About This Property
Residential in Miami Beach
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.
Features & Amenities
Property Highlights
View
- Other
Cooling
- Central Air
Heating
- Electric
Flooring
- Ceramic Tile
Amenities
- Laundry
Appliances
- Dishwasher
- Microwave
- Oven
- Refrigerator
Possession
- Negotiable
Restrictions
- No Restrictions
- Other Restrictions
Listing Terms
- Cash
- Lease Purchase
ParkingFeatures
- On Street
Pets Allowed YN
- Yes
Tax Information
- CityCounty
Association Type
- Homeowner Association
ExteriorFeatures
- Other
Parking Features
- On Street
SecurityFeatures
- Closed Circuit Camera(s)
- Fire Alarm
- Smoke Detector(s)
- Other
Unit Description
- CornerEnd Unit
Exterior Features
- Other
Security Features
- Closed Circuit Camera(s)
- Fire Alarm
- Smoke Detector(s)
- Other
Master BedroomBath
- Master Bdrm - Ground
Property Condition
- Resale
Special Information
- Sold As-Is
AssociationAmenities
- Laundry
Showing Requirements
- Appointment Only
- Showing Service
Construction Materials
- CBS
Application Information
- 1-2 Weeks Approval
Association Fee Includes
- Common Areas
- Maintenance Structure
Leasing
- Minimum lease: 30 days
- Leases per year: 12
Specifications
Property Details
Location