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503 12th St Unit 5, Miami Beach, Florida 33139

Active For Sale
$549,000
  • Beds 2
  • Baths 2
  • Sq Ft 980 Sqft
  • Visits: 6 in 22 days

Description

Rare opportunity to own a true Art Deco 2 bedroom 2 bathroom in prime South Beach just steps to Washington and close to the beach with a Flexible rental policy allows up to four leases per year with a 90 day minimum, making this an ideal opportunity for investors or owners who want to enjoy Miami part time while generating income. Combined with the LOWEST HOA in South Beach for a condo of this size, this property delivers exceptional value at this price point. This bright first floor residence offers 980 square feet and showcases original charm with Florida pine floors and a classic fireplace. The oversized kitchen features a center island, two sinks, and two dishwashers.rnrnHurricane impact windows and a newer AC system provide comfort and efficiency. The gated building has no planned assessments and includes assigned storage plus additional basement storage. City garage parking is conveniently located across the street. Outdoor yard area for residents to use.rnrnA rare blend of historic character, location, and strong rental flexibility in the heart of South Beach.

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, No Pet Restrictions
  • Security: Key Card Entry
  • Parking: On Street

Appliances

  • Appliances: Gas Range

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: BAYLIS CONDO
  • Zipcode: 33139
  • Street: 12th St
  • Street Number: 503
  • Floor Number: 0
  • Longitude: W81° 51' 52.9''
  • Latitude: N25° 47' 34.5''
  • UnitNumber: 5
  • MLS Area: 32

MLS Addon

  • Architectural Style: Garden Apartment
  • Association Amenities: No
  • Association Fee: $550
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Insurance, Pest Control, Hot Water
  • Close Price: $0
  • Exterior Features: Security/High Impact Doors
  • Flooring: Wood, Other, Hardwood
  • High School: Miami Beach
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Main Level Primary
  • Levels: One
  • Listing Terms: Cash, Conventional, FHA
  • Middle Or Junior School: Nautilus
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 2
  • Tax Annual Amount: $3,781
  • Tax Year: 2025
  • Utilities: Cable Available

Location

Listing Updated: 2026-03-13 04:20:13

  • Parent : 503::12th St:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11968062
  • Price : $549,000
  • View : Garden
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 980 Sqft
  • Year Built : 1940
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 22
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