503 12th Street #5
Miami Beach, FL 33139
2
Bed
2
Bath
980Sqft
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 kitchen lay
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Flooring Information
Other, Wood -
Interior Features
BedroomOnMainLevel, Bathtub, MainLevelPrimary, SoakingTubAppliances: GasRange -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1940Building Area Total: 980Construction Materials: BlockStories: 1Private Pool: NoView: GardenAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: OutdoorLivingArea
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Listing Price Information
Listing Price: $535000Original Price: $549000Cash, Conventional, FHA
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Tax Information
Parcel Number: 0232341100050 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
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Virtual Tour
Parking Information
OnStreetGarage Information
Pets Allowed: NoPetRestrictions, YesHomeowners Association Information
Has Association: YesIncluded Fees: HotWater, Insurance, MaintenanceStructure, PestControlHOA: $550.00Association Amenities: None
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School Information
Elementary School: Miami Beach Fienberg / Fisher K-8 Junior High School: Senior High School: Miami Beach -
Utility Information
CableAvailable -
Location Information
Security Features: FireAlarm,KeyCardEntry
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 345 Ocean Dr #304, Miami Beach, FL, 33139 | $392,900 | 1 | 1 | 662 | 662 SqFt |
| 1200 West Ave #423, Miami Beach, FL, 33139 | $420,000 | 1 | 1 | 837 | 837 SqFt |
| 1219 Meridian Ave #2, Miami Beach, FL, 33139 | $240,000 | 1 | 1 | 570 | 570 SqFt |
| 2301 Collins Ave #427, Miami Beach, FL, 33139 | $769,000 | -- | 1 | 760 | 760 SqFt |
| 1600 Michigan Ave #2, Miami Beach, FL, 33139 | $500,000 | 2 | 2 | 990 | 990 SqFt |
| 100 S Pointe Dr #3407, Miami Beach, FL, 33139 | $35,000 | 4 | 5 | 2,954 | 2,954 SqFt |
| 1900 Sunset Harbour Dr .., Miami Beach, FL, 33139 | $30,000 | 4 | 4 | 3,410 | 3,410 SqFt |
| 1460 Ocean Drive #205, Miami Beach, FL, 33139 | $425,000 | 2 | 2 | 910 | 910 SqFt |
| 101 20th St #2007, Miami Beach, FL, 33139 | $28,000 | 2 | 2 | 1,279 | 1,279 SqFt |
| 1000 West Ave #426, Miami Beach, FL, 33139 | $415,000 | 1 | 1 | 852 | 852 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/24/2026 @ 20:43
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