503 12th St # 5, Miami Beach FL 33139 | Miami-Dade County | A11968062
- $549,000
- $549,000
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.
Hurricane 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.
A rare blend of historic character, location, and strong rental flexibility in the heart of South Beach.
Address
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Address: 12th St
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: BAYLIS CONDO
Details
Updated on March 22, 2026 at 5:23 am-
Property ID A11968062
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Price $549,000
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Property Size 980 Square Feet
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Bedrooms 2
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Bathrooms 2
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Garage 0
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Year Built 1940
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle Garden Apartment
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AssociationAmenities None
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AssociationFee 550
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AssociationFeeFrequency Monthly
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BathroomsFull 2
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BathroomsHalf 0
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BuildingAreaTotal 980
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BuildingAreaUnits Square Feet
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BuildingName BAYLIS CONDO
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CarportSpaces 0
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-02-22
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Cooling Central Air
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CoveredSpaces 0
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DaysOnMarket 28
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DirectionFaces South
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DoorFeatures High Impact Doors
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EntryLevel 1
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ExpirationDate 2026-08-18
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Flooring Other, Wood
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Heating Central
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HighSchool Miami Beach
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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Levels 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-630-3835
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ListingTerms All Cash, Conventional, FHA
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LotSizeSquareFeet 0
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MLSAreaMajor Baylis Condo
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MajorChangeTimestamp February 22, 2026 at 06:55pm
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MajorChangeType New
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MiddleOrJuniorSchool Nautilus
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MlsStatus Active
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ModificationTimestamp March 22, 2026 at 03:09am
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OnMarketDate 2026-02-22
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OriginalEntryTimestamp February 22, 2026 at 06:55pm
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OriginalListPrice 549000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 02-32-34-110-0050
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ParkingFeatures On Street
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PetsAllowed Yes
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PhotosChangeTimestamp February 22, 2026 at 06:59pm
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PhotosCount 43
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PostalCodePlus4 4549
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PriceChangeTimestamp February 18, 2026 at 09:39pm
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PublicSurveyRange 32
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PublicSurveySection 34
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PublicSurveyTownship 32
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RoomsTotal 0
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SecurityFeatures Fire Alarm, Card Entry
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent, Showing Assist
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SourceSystemKey 426999155
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StateOrProvince FL
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StatusChangeTimestamp February 22, 2026 at 06:55pm
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StoriesTotal 2
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StreetName 12th St
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StreetNumber 503
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StreetNumberNumeric 503
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StructureType Condo 1-4 Stories, Condo
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SyndicationRemarks 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. Hurricane 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. A rare blend of historic character, location, and strong rental flexibility in the heart of South Beach.
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TaxAnnualAmount 3781
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TaxLegalDescription 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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TaxYear 2025
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UnitNumber 5
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YearBuiltDetails Effective Year Built
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