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Condominium
$219,000$337 / sqft
900 16th St # 104, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
649 sqft
Interior
1925
Year built
$691 / mo
HOA
Condominium
Type
About this home
Rare Opportunity in Prime Miami Beach Location! Oversized Studio with Private Sleeping Alcove & Garden Views. This spacious garden-level residence offers a unique opportunity to own in one of Miami Beach’s most coveted neighborhoods. Featuring a private bedroom alcove, generous living space, and serene views of a lush garden oasis, this home provides the perfect canvas for a stylish renovation. Tenant in place on a month to month basis. Unit can be delivered rented or vacated. Ideal for buyers seeking value, investors, or those looking for a Miami Beach pied-à-terre, this property offers excellent upside potential with light cosmetic improvements and modern updates. The unbeatable location places you just steps from Lincoln Road’s premier shopping, restaurants, cafés, nightlife, and entertainment, with the beach only minutes away. A rare chance to transform a spacious and well-located residence into a true Miami Beach retreat. Prime location, strong potential, and endless possibilities await.
Features
- Lobby
- First Floor Entry
- East Of Us1
- Courtyard
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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.