503 12th St # 5, Miami Beach FL 33139

MLS #A11968062

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Active Add
$549,000
2
Bedrooms
2.0
Bathrooms
980 sq ft
Living Area
N/A
Lot Size

Property Details

Type Residential
Style Condominium
Bedrooms 2
Bathrooms 2
Half Baths 0
Living Area 980 sq ft
Pets Allowed Yes
Taxes $3,781
Maintenance Fee $550
Price $549,000
Status Active
Lot Size N/A
Year Built 1940
Waterfront No
Pool No
Subdivision BAYLIS CONDO
Days on Market 9
Unit Number 5

Additional Information

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. 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. This bright first floor residence offers nearly 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. A rare blend of historic character, location, and strong rental flexibility in the heart of South Beach.

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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by Krimus Realty, LLC.

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