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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-Ã -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.
| DAYS ON MARKET | 26 | LAST UPDATED | 8/27/2026 |
|---|---|---|---|
| TRACT | THE BAYLISS CONDO | YEAR BUILT | 1939 |
| COMMUNITY | 32 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Jr. High School | Nautilus |
|---|---|
| High School | Miami Beach |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Maintenance Structure |
| APPLIANCES | Dishwasher |
| AREA | 32 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | None |
| HEAT | Electric |
| HOA DUES | 789 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | None |
| STORIES | 2 |
| STYLE | GardenApartment |
| SUBDIVISION | THE BAYLISS CONDO |
| TAXES | 3107 |
| VIEW | Yes |
| VIEW DESCRIPTION | Garden |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The Keyes Company
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
