About this Property
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 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.
Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of The Keyes Company.
