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For sale
  • $270,000

    700 16th St APT 109, Miami Beach, FL 33139

    1beds
    541sqft
    : 
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    Condominium
    Built in 1941
    -- sqft lot
    $267,800 Zestimate®
    $499/sqft
    $713/mo HOA

    What's special

    Unique layoutBrand-new kitchenPrivate independent entranceExcellent condition throughoutNew never-used appliances
    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.
    34 days
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    86
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Fabrizio Passatore 305-898-7224,

    The Keyes Company

    Source: MIAMI,MLS#: A12033629MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
      Features
      • Flooring: Ceramic Tile
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 541
      • Total interior livable area: 541 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Entry location: First Floor Entry
      • Exterior features: Other
      • Has view: Yes
      • View description: Other
      Details
      • Parcel number: 0232342400080

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Year built: 1941

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector, Other, TV Camera
      • Application fee: $125
      • Subdivision: Lincoln Sub
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      • HOA fee: $713 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $499/sqft
      • Tax assessed value: $195,500
      • Annual tax amount: $3,624
      • Date on market: 6/9/2026
      • Listing terms: All Cash,Lease Purchase

        Estimated market value

        $267,800

        $254,000 - $281,000

        $2,080/mo

        Price history

        DateEventPrice
        7/8/2026Listing removed$2,400$4/sqft
        Source: Zillow Rentals Report a problem
        6/17/2026Listed for rent$2,400+45.5%$4/sqft
        Source: Zillow Rentals Report a problem
        6/9/2026Listed for sale$270,000-87.9%$499/sqft
        Source: MIAMI #A12033629 Report a problem
        11/23/2021Sold$2,230,000+833.1%$4,122/sqft
        Source: MIAMI #A11080508 Report a problem
        11/17/2021Pending sale$239,000$442/sqft
        Source: MIAMI #A11080508 Report a problem
        9/29/2021Listed for sale$239,000$442/sqft
        Source: MIAMI #A11080508 Report a problem
        8/31/2021Pending sale$239,000$442/sqft
        Source: MIAMI #A11080508 Report a problem
        8/5/2021Listed for sale$239,000+1.7%$442/sqft
        Source: MIAMI #A11080508 Report a problem
        12/31/2020Listing removed--
        Source: MIAMI Report a problem
        5/20/2020Listed for sale$235,000$434/sqft
        Source: Florida.Doc Inc #A10458265 Report a problem
        5/19/2020Listing removed$1,650$3/sqft
        Source: Florida.Doc Inc #A10677445 Report a problem
        4/21/2020Price change$1,650-5.7%$3/sqft
        Source: Florida.Doc Inc #A10677445 Report a problem
        3/23/2020Listing removed$235,000$434/sqft
        Source: Florida.Doc Inc #A10458265 Report a problem
        2/25/2020Listed for sale$235,000-28.8%$434/sqft
        Source: Florida.Doc Inc #A10458265 Report a problem
        6/17/2019Price change$1,750-5.4%$3/sqft
        Source: Florida.Doc Inc #A10677445 Report a problem
        5/22/2019Listed for rent$1,850$3/sqft
        Source: Florida.Doc Inc #A10677445 Report a problem
        5/18/2017Sold$330,000$610/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,668 -6.2%$195,500 -5%
        2024$3,910 +5.6%$205,700 +10%
        2023$3,705 +16%$187,000 +10%
        2022$3,194 -2.4%$170,000 +0.3%
        2021$3,273 -8.2%$169,500 -8%
        2020$3,566 -5.1%$184,200 -5%
        2019$3,757 -22.7%$193,900 -25%
        2018$4,861 $258,500 +10%
        2017$4,861 $235,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        97 / 100
        Walker's Paradise
        58 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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