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Condominium
$190,000$389 / sqft
500 14th St # 106, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
488 sqft
Interior
1939
Year built
$789 / mo
HOA
Condominium
Type
About this home
Excellent opportunity to own a spacious, 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 Potential Lease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations.
Features
- First Floor Entry
- None
- Garden View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.