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503 12th St #5

Miami Beach, FL 33139
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Bed 2

Bed

Bath 2

Bath

SqFt980

Sqft

Best value 2 bedroom 2 bathroom in South Beach for this size. Spacious 980 square foot first-floor Art Deco condo in the heart of South Beach, just steps from Washington Avenue and a short walk to the beach. Bright unit with excellent natural light and great layout, offering a strong value-add opportunity for buyers looking to renovate and create equity. Located in a gated community with exceptionally low HOA for a unit of this size and no current assessments, keeping monthly carrying costs far below comparable properties in the area. Flexible rental policy allows up to four leases per year with a 90 day minimum, making it ideal for both end-users and investors. Features include original Florida pine wood floors, decorative fireplace, impact windows, and newer AC system. Oversized kitch en layout provides ample space for redesign and modernization. Additional highlights include assigned storage, extra basement storage, and access to a shared outdoor yard area. City garage parking conveniently located nearby. Washer and dryer installation permitted per association. Opportunity to own one of the largest 2/2 floor plans in this price range in South Beach with low carrying costs, no assessments, and strong upside potential.

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Detail Ic Property Details

Property Type : Residential

Price : $535,000

AD Id : 75561473

MLS Id : A11968062

Beds : 2

Living Area Size : 980

Year Built : 1940

County : Miami-Dade

Subdivision: Baylis Condo

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Hardwood, Other, Wood
  • Interior Features

    BedroomOnMainLevel, FirstFloorEntry, MainLevelPrimary
    Appliances: GasRange
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1940
    Building Area Total: 980
    Construction Materials: Block
    Stories: 1
    Private Pool: No
    View: Garden
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: SecurityHighImpactDoors

  • Listing Price Information

    Listing Price: $535000
    Original Price: $549000
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 02-32-34-110-0050 Tax Year: 2025 Annual Tax: $3781 Tax Legal Desc: BAYLIS CONDO UNIT 5 UNDIV 0.089522% INT IN COMMON ELEMENTS OFF REC 17829-0778 OR 18367-2431 1098 1 COC 25226-4835 12 2006 5

  • Parking Information

    OnStreet

    Garage Information

    Pets Allowed: NoPetRestrictions, Yes

    Homeowners Association Information

    Included Fees: HotWater, Insurance, MaintenanceStructure, PestControl
    HOA: $550.00
    Association Amenities: None

  • School Information

    Elementary School: Junior High School: Nautilus Senior High School: Miami Beach
  • Utility Information

    CableAvailable
  • Location Information

    Security Features: KeyCardEntry
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Nearby Home Value

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1410 Euclid Ave #6, Miami Beach, FL, 33139 $515,000 2 2 820 820 SqFt
1455 West Ave #501, Miami Beach, FL, 33139 $470,000 2 2 878 878 SqFt
1569 Euclid Ave #7, Miami Beach, FL, 33139 $365,990 1 1 570 570 SqFt
90 Alton Rd #307, Miami Beach, FL, 33139 $625,000 1 1 740 740 SqFt
1526 Pennsylvania Ave #20, Miami Beach, FL, 33139 $239,000 1 1 456 456 SqFt
1100 West Ave #410, Miami Beach, FL, 33139 $499,000 1 1 696 696 SqFt
100 Meridian Ave #233, Miami Beach, FL, 33139 $1,025,000 2 2 940 940 SqFt
1611 Michigan Ave #13, Miami Beach, FL, 33139 $232,000 1 1 478 478 SqFt
935 Euclid Ave #7, Miami Beach, FL, 33139 $360,000 1 1 647 647 SqFt
720 Collins Ave #204, Miami Beach, FL, 33139 $265,000 1 1 720 720 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/06/2026 @ 23:13

MLS: A11968062 LISTED BY: Michael Krimus, Krimus Realty, LLC. 786-630-3835 SOURCE: SEFMIAMI

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