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$270,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 700 16th St #109
General
- Price: $270,000
- HOA FEE: $713/month
- Taxes: $3,624 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12033629
- Updated: Today (6/9/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Microwave, Refrigerator, Self-Cleaning Oven
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: At Least 1 Bedroom Ground Level
Additional Information
- Shared Amenities: Laundry
- Maint. Includes: Building Exterior, Common Area
- Security/Safety: Fire Alarm, Smoke Detector, Other, TV Camera
Exterior
- Exterior Features: Other
Parking
- Parking Features: On Street
Location
- Area: Lincoln Sub
- County: Miami-Dade County
- Subdivision: LINCOLN SUB
- Building Name: Bogart
Community
- Community Name: Lincoln Sub
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 1
- Building Size: 541
- Square Feet: 541
- Living Area: 541 Sq. Ft.
- Year Built: 1941
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $499.08
- Association Fee: $713
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,624
- Tax Year: 2025
- Terms: All Cash, Lease Purchase
Disclosures and Reports
- Legal Description: BOGART CONDO UNIT 109 UNDIV 6.25% INT IN COMMON ELEMENTS OFF REC 30061-0578
- Restrictions: Corporate Buyer OK, No Restrictions
- Property ID: 02-32-34-240-0080
Listed by The Keyes Company
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Price & Sales History for 700 16th St #109
Date
Details
Price
Change
Source
6/09/2026
Listed
$270,000
17.39%
MLS
11/17/2021
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 700 16th St #109
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,668
-6%
$195,500
-8%
2024
$3,910
6%
$212,500
—
2023
$3,705
13%
$212,500
25%
2021
$3,273
2%
$169,500
—
2022
$3,194
-2%
$170,000
-8%
2021
$3,273
-13%
$184,200
-5%
2019
$3,757
-23%
$193,900
-25%
2018
$4,861
9%
$258,500
10%
2017
$4,475
—
$235,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 16th St #109
700 16th St #109, Miami Beach, FL 33139 (MLS# A12033629) is a Condo property with 1 bedroom and 1 full bathroom. 700 16th St #109 is currently listed for $270,000 and was received on June 09, 2026. Want to learn more about 700 16th St #109? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

