UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 488 sqft
Price per Sqft $389
Subdivision The Bayliss Condo
MLS Listing ID A12078923
Style Garden Apartment
Full Baths 1
HOA Fees $789/mo
HOA Y/N Yes
Min Days of Lease 181
Leases Per Year 2
Year Built 1939
Annual Tax Amount $3,107
Tax Year 2025
Property Sub-Type Condominium
Property Description
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.
Location
State FL
County Miami-dade
Community The Bayliss Condo
Area 32
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Electric
Cooling Electric
Flooring Hardwood, Wood
Appliance Dishwasher
Exterior
Exterior Feature None
Amenities Available None
View Garden
Garage No
Private Pool Yes
Building
Architectural Style Garden Apartment
Structure Type Block
Schools
Middle Schools Nautilus
High Schools Miami Beach
Others
Pets Allowed Conditional, Yes
HOA Fee Include Common Areas,Insurance,Maintenance Structure
Senior Community No
Restrictions Corporate Buyer OK,Okay to Lease 1st Year,OK To Lease
Tax ID 02-32-34-191-0060
Security Features Fire Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Pets Allowed Conditional, Yes
Schools and Properties Nearby
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