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 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.
- Heating System
- Cooling System
- View
- Pet Allowed:
- Yes, No Pet Restrictions
- Security
- Appliances
- Architectural Style
- Association Amenities
- Parking Features
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 503 12th St 5, Miami Beach, Florida 33139
- Longitude:
- W81° 51' 52.9''
- Latitude:
- N25° 47' 34.5''
- Association Fee:
- $550
- Association Fee Frequency:
- Monthly
- Bathrooms Total:
- 2
- Building Area:
- 980 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 60
- DOM:
- 60
- Direction Faces:
- South
- Exterior Features
- Flooring:
- Wood, Hardwood, Other
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Parcel Number:
- 02-32-34-110-0050
- Stories Total:
- 2
- Subdivision Name:
- BAYLIS CONDO
- Tax Annual Amount:
- $3,781
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential For Sale
503 12th St 5, Miami Beach, Florida 33139, Miami Beach, Florida 33139
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $535,000
- Bedrooms :
- 2
- Bathrooms :
- 2
- Square Footage :
- 980 Sqft
- Year Built :
- 1940
- MLS # :
- A11968062
- Property Sub Type :
- Condominium
