$190,000
Miami Beach, FL 33139
MLS# A12078923
1 baths | 488 sqft
1 / 13
Property 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 PotentialLease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-08-27
Status: Active
Original List Price: 190000
List Price: $190,000
Current Price: $190,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 191
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 500
Street Name: 14th
Street Suffix: Street
Unit Number: 106
State Or Province: FL
Postal Code: 33139
Postal Code +4: 4094
Subdivision Name: THE BAYLISS CONDO
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0232341910060
General Property Information
Unit Floor #: 1
Adjusted Area Main: 488
Living Area Main: 488
Senior Community YN: Yes
Stories Total: 2
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 488
Year Built: 1939
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 789
Membership Fee Required YN: No
Association YN: 1
Association Fee: 789
Association Fee Frequency: Monthly
Tax Annual Amount: 3107
Tax Year: 2025
Tax Legal Description: THE BAYLISS CONDO UNIT 106 UNDIV 6.5777% INT IN COMMON ELEMENTS OFF REC 25006-3551 COC 25155-2648 10 2006 1
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 125
Application Information
1-2 Weeks Approval: 1
Amenities
None: 1
Association Fee Includes
Common Areas: 1
Insurance: 1
Maintenance Structure: 1
Entry Information
Entry Level: 1
Exterior Features
None: 1
Flooring
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Property Condition
Resale: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Special Information
Sold As-Is: 1
View
Garden: 1
Heating
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 181
Unit Description
Garden Apartment: 1
Appliances
Dishwasher: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Fire Alarm: 1
Cooling
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 389.34
Section Details
Parcel Number MLX: 0060
Status Change Information
Major Change Timestamp: 2026-08-27T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-27
Originating Details
Originating System Key: 560264561
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Fee Includes: Common Areas; Insurance; Maintenance Structure
Exterior Features: None
Flooring: Wood
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year
Property Condition: Resale
Appliances: Dishwasher
Construction Materials: CBS
Cooling: Electric
Association Type: Condominium
Heating: Electric
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Possession: Close Of Escrow; Negotiable
Restrictions: Other Restrictions
Security Features: Fire Alarm
Special Information: Sold As-Is
Tax Information: City/County
Unit Description: Garden Apartment
View: Garden
Showing Requirements: Appointment Only; Showing Service
Listing Office: The Keyes Company
Last Updated: September - 14 - 2026
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