THE BAYLISS CONDO Unit 106 — 500 14th St 106

Listing details

Address

500 14th St 106

Price

$190,000

Status

Active for sale

Bedrooms

0

Bathrooms

1

Living area

488 sq ft

Year built

1939

Association fee

$789/month

Days on market

17

Listing description

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 Potential Lease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations.