Excellent opportunity to own a spacious, SELLER CAN PAY CLOSING COSTS, well-laid-out studio in the heart of Miami Beach, minutes from Lincoln Road and walking distance to the ocean. Larger than the typical studio, the functional floor plan features a sleeping area naturally separated from the living/day area, creating two… Read More distinct spaces while maintaining an open layout.The residence features original wood floors, a full kitchen with stainless-steel appliances, good natural light and generous interior space. Directly across from an elementary and middle school, the property offers a quiet, convenient and centrally located residential setting. Lincoln Road, restaurants, shopping, entertainment and the beach are easily accessible on foot.Its location, size and practical layout also make it attractive for investors seeking strong long-term rental appeal.PURCHASE OPTIONS:Cash Price: $190,000 OR Lease With Option to Buy: $2,500/month for 24 months + $140,000 balloon payment or mortgage balance at the end of the term.An alternative for buyers who want to secure the property today while allowing time to arrange financing.Ideal as a primary residence, Miami Beach pied-à-terre or investment property.Lincoln Road • Walk to Ocean • Spacious Layout • Original Wood Floors • Separate Sleeping Area • Rental PotentialLease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations. Read Less
Courtesy of The Keyes Company, Fabrizio Passatore, 305-531-5803.
Listing Snapshot
Days Online
36
Last Updated
Property Type
Condominium
Full Baths
1
Square Ft.
488
Year Built
1939
MLS Number
A12078923
30 Days Snapshot Of 33139
$911k
-45%
(avg) sold price
3
-94%
homes sold
96
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1939, Living area: 488, Construction materials: CBS, Toal building area: 488
Cooling
Electric
Floors
Wood
Heating
Electric
Home Owner's Association
Association fee: $789, Association fee frequency: Monthly, Association fee includes: Common Areas, Insurance, Maintenance Structure
Pets Policy
Pets allowed: Yes
Property
View: Garden
Security Features
Fire Alarm
Taxes
Annual amount: $3,107
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