503 12th St #5, Miami Beach, FL 33139

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
503 12th St #5,Miami Beach, FL 33139
$499,000
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  • 2 Beds
  • 2 Baths
  • 980 sq. ft.
  • Condominium
  • Active
Listed by: michael krimus
Office: krimus realty, llc.786-630-3835
MLS#:A11968062
Source:SEFMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$509.18
  • Monthly HOA dues:$550

About this home

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 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...

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Home facts

  • Year built:1940
  • Subdivision & Development:BAYLIS CONDO
  • Listing ID #:A11968062
  • Updated:August 07, 2026 at 09:52 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood, Wood
  • Kitchen Description:Gas Range
  • Bedroom Description:Main Level Primary
  • Living area:980 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1940
  • Building area:980 sq. ft.
  • Architectural Style:Garden Apartment
  • Construction Materials:Block
  • Exterior Features:Security High Impact Doors
  • Levels:1 Story

Schools

  • High school:Miami Beach
  • Middle school:Nautilus

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$509.18
  • Tax amount:$3,781 (2025)

Features and amenities

  • Appliances:Gas Range
  • Amenities:Key Card Entry

Parking

  • Parking description:On Street
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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