# 700 16th St #109, Miami Beach, FL 33139 > **TL;DR:** 1bd/1ba condo, $270,000 ($499/sqft), built 1941, 541 sqft. > A/C. Est. $2,157/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $270,000 | | Price/sqft | $499 | | Bedrooms | 1 | | Bathrooms | 1 full | | Square Feet | 541 | | Year Built | 1941 | | Stories | 2 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,365 | | Estimated Insurance | $79 | | HOA | $713 | | **Total** | **$2,157** | ## Key Amenities - A/C ## Property Highlights - Built in 1941 - 2 stories ## Description ### Agent 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. ## Location - **Address:** 700 16th St #109, Miami Beach, FL 33139 - **County:** Miami-Dade - **Neighborhood:** LINCOLN SUB - **Coordinates:** 25.788879, -80.135713 - **Google Maps:** https://www.google.com/maps?q=25.788879,-80.135713 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12033629 ## Listing Agent - **Name:** Fabrizio Passatore · **License:** 3380549 - **Brokerage:** Keyes Company Realtors - **Phone:** 3058987224 - **Broker Phone:** (305) 371-3592 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/700-16th-St-Apt-109_Miami-Beach_FL_33139_M65573-92195?f=listhub&s=MAORFL&m=A12033629&c=propsimple) ## Photos ![700 16th St #109 - Photo 1](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f2928050563r.jpg) ![700 16th St #109 - Photo 2](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f376307778r.jpg) ![700 16th St #109 - Photo 3](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f1408340381r.jpg) ![700 16th St #109 - Photo 4](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f901282116r.jpg) ![700 16th St #109 - Photo 5](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f871730159r.jpg) ![700 16th St #109 - Photo 6](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f1373885834r.jpg) ![700 16th St #109 - Photo 7](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f2408572351r.jpg) ![700 16th St #109 - Photo 8](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f1594390452r.jpg) ![700 16th St #109 - Photo 9](http://lh.rdcpix.com/21a1547a1425c17f670040aec1b52e22l-f4153427592r.jpg) --- **MLS#:** A12033629 | **Updated:** 2026-07-02 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/700-16th-st-miami-beach-fl-33139-12033629) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/700-16th-st-miami-beach-fl-33139-12033629#listing", "url": "https://www.propertysimple.ai/listing/700-16th-st-miami-beach-fl-33139-12033629", "name": "700 16th St #109, Miami Beach, FL 33139", "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. 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