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$190,000
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
$999 /mo
Principal and interest only, based on $38,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $789/mo HOA are not included.
Customize this estimateExcellent 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 PotentialLease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations.
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Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$190,000
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Listed by Fabrizio Passatore, The Keyes Company
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