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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: $200,000 Opportunity to secure ownership while building toward future financing. This unique layout and private entrance make the property particularly attractive for professionals, seasonal residents, and investors seeking a versatile Miami Beach asset in a highly desirable location.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1455 Michigan Ave #7 | 7 | $165,000 | 0/1 | 200 | 19 | $198 | |
| 500 14th St #101 | 101 | $185,900 | 1/1 | 543 | 50 | $911 | |
| 717 Espanola Way #204 | 204 | $193,400 | 0/1 | 398 | 37 | $455 | |
| 1611 Michigan Ave #21 | 21 | $195,000 | 0/1 | 478 | 44 | $574 | |
| 1526 Pennsylvania Ave #14 | 14 | $199,000 | 1/1 | 446 | 41 | $504 | |
| 1235 Euclid Ave #16 | 16 | $199,999 | 0/1 | 430 | 40 | $305 | |
| 1611 Michigan Ave #10 | 10 | $200,000 | 0/1 | 538 | 50 | $593 | |
| 639 12 street #3 | 3 | $203,500 | 1/1 | 0 | 0 | $527 | |
| 717 Espanola Way #111 | 111 | $205,000 | 0/1 | 397 | 37 | $445 | |
| 637 12th St #6 | 6 | $205,000 | 1/1 | 420 | 39 | $540 | |
| 1601 Meridian Ave #203 | 203 | $205,000 | 1/1 | 395 | 37 | $660 | |
| 1241 14th St #9 | 9 | $209,000 | 0/1 | 423 | 39 | $690 | |
| 1419 West Ave #106 | 106 | $209,000 | 1/1 | 475 | 44 | $712 | |
| 1555 Pennsylvania Ave #209 | 209 | $210,000 | 1/1 | 428 | 40 | $577 | |
| 1525 Meridian Ave #202 | 202 | $210,000 | 0/1 | 450 | 42 | $316 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 2A | 05/11/2026 | $336,618 | $394,000 | 2 | 1 | 874 | 4 months |
| 1238 | 04/30/2026 | $450,000 | $469,000 | 1 | 1 | 550 | 7 months |
| 103 | 04/30/2026 | $440,000 | $440,000 | 2 | 2 | 995 | 3 months |
| 301 | 04/29/2026 | $465,500 | $465,000 | 2 | 2 | 1,047 | 1 month |
| 702 | 04/29/2026 | $490,000 | $490,000 | 1 | 1 | 820 | 4 months |
| 1 | 04/28/2026 | $385,000 | $400,000 | 1 | 1 | 686 | 1 month |
| 202 | 04/28/2026 | $650,000 | $650,000 | 2 | 2 | 1,038 | 3 weeks |
| 431 | 04/28/2026 | $1,495,000 | $1,647,000 | 1 | 1 | 933 | 5 months |
| 15B | 04/17/2026 | $360,000 | $384,900 | 1 | 2 | 917 | 6 months |
| 403 | 04/15/2026 | $365,000 | $389,000 | 2 | 2 | 992 | 9 months |
| 1209 | 04/03/2026 | $355,000 | $380,000 | 1 | 1 | 515 | 10 months |
| 1626 | 03/31/2026 | $415,000 | $455,000 | 1 | 1 | 550 | 5 months |
| 423 | 03/23/2026 | $455,000 | $499,900 | 1 | 1 | 890 | 3 months |
| 747 | 03/16/2026 | $3,150,000 | $3,449,000 | 4 | 4 | 2,565 | 3 months |
| 4 | 03/11/2026 | $175,000 | $174,000 | 0 | 1 | 320 | 2 weeks |
| 619 | 03/10/2026 | $510,000 | $545,000 | 0 | 1 | 525 | 1 year |
| 601 | 03/09/2026 | $365,000 | $389,000 | 2 | 1 | 878 | 4 months |
| 2 | 03/06/2026 | $240,000 | $250,000 | 1 | 1 | 700 | 4 months |
| 7 | 03/05/2026 | $380,000 | $399,000 | 1 | 1 | 729 | 1 month |
| 202 | 03/05/2026 | $182,500 | $185,000 | 1 | 1 | 428 | 1 month |
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