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700 16th Street 109Miami Beach, FL 33139

For Sale

$270,000

Smart Buyer Rebate $1,750

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.

Listed by Fabrizio Passatore

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License #3380549

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The Keyes Company

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3058987224

Last updated June 09, 2026

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Source: BeachesMLS #A12033629

Listing Facts

  • TypeCondo
  • NeighborhoodFlamingo-Lummus
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu53
  • HOA/Maint. Fees$713/month
  • Taxes$3,624/year
  • Size541 sqft
  • Price per sqft$499

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning

Location

Mortgage Calculator

Listing History

06/09/2026
Listed by The Keyes Company
$270,000

Property Details for 700 16th Street 109

Association

Amenities

  • Association Amenities: Laundry
  • Pets Allowed: Yes

Fees

  • Association Fee: $713.00 Monthly
  • Association Fee Includes: Maintenance Structure

Exterior

Construction

  • Stories Total: 2
  • Year Built: 1941
  • Construction Materials: Block
  • Entry Level: 1
  • Exterior Features: Other

Features

  • View: Other

Measurements

  • Building Area Total: 541

Financial

Taxes

  • Parcel Number: 0232342400080
  • Tax Annual Amount: $3,624.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Flooring: Ceramic Tile

Measurements

  • Living Area: 541

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

General

  • Senior Community: Yes

Location

  • Subdivision Name: LINCOLN SUB

Parking

Parking

  • Other Parking: Carport Spaces:0.00
  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Miami Beach Fienberg / Fisher K-8

High School

  • High School: Miami Beach

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 700 16th Street 109.

What schools are nearby to 700 16th Street 109?

Nearby schools include the Miami Beach Fienberg / Fisher K-8 Elementary School and Miami Beach High School.

Are pets allowed at 700 16th Street?

Yes, 700 16th Street allows pets.

What are the annual taxes for 700 16th Street 109?

Annual taxes for this condo are estimated at $3,624.

How does 700 16th Street 109 compare to other condos in Flamingo-Lummus?

This condo is listed 74% below the average price for condos in Flamingo-Lummus and has been on the market for 63 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 541 sqft.

700 16th Street 109 is a 1-bedroom, 1-bath condo for sale in Miami Beach FL 33139. Available on Prevu for 53 days at $270,000. This property features 541 square feet of living space, located in Flamingo-Lummus. The median listing price for condos in this area is $317,500. Nearby schools include Miami Beach Fienberg / Fisher K-8 Elementary School and Miami Beach High School. Additional amenities include dishwasher, pets allowed, and air conditioning. Explore more condo listings in Miami Beach.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.