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.
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.
Property Details
Price:
$535,000
MLS #:
A11968062
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
BAYLIS CONDO
Neighborhood:
bayliscondo
Listed Date:
Feb 22, 2026
Finished Sq Ft:
980
Total Sq Ft:
980
Year Built:
1940
See this Listing
Schools
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Gas Range
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other, Wood
Heating
Central
Interior Features
First Floor Entry
Levels
1
Exterior
Architectural Style
Garden Apartment
Association Amenities
None
Construction Materials
Concrete Block Construction
Direction Faces
South
Open Parking YN
1
Parking Features
On Street
Security Features
Fire Alarm, Card Entry
View
Garden View
Financial
HOA Fee
$550
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$3,781
Map
Community
- Address503 12th St # 5 Miami Beach FL
- SubdivisionBAYLIS CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Condo in Miami Beach as of May 05, 2026
1,990
Condo Listed
179
Avg DOM
1,026
Avg $ / SqFt
$1,645,788
Avg List Price
Property Summary
- Located in the BAYLIS CONDO subdivision, 503 12th St # 5 Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $535,000 and features 2 beds, 2 baths, and has approximately 980 square feet of living space, and was originally constructed in 1940. The current price per square foot is $546. The average price per square foot for Condo listings in Miami Beach is $1,026. The average listing price for Condo in Miami Beach is $1,645,788.
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503 12th St # 5
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