503 12th St # 5
Miami Beach, FL, 33139
$535,000
2 Beds
2 Baths
980 SqFt
0 Acres
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MLS #A11968062 image #0
Rare opportunity to own a true Art Deco 2 bedroom 2 bathroom in prime South Beach WITH LOWEST HOA 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. Buyer can install a washer and dryer as per association.

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
Garden ApartmentBaylis CondoBayliscondoBaylis CondoNautilusMiami BeachGarden ViewCorporate Buyer Ok,no Daily Rentals,ok To LeasePets Allowed

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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

Subdivisions in Miami Beach

Market Summary

Current real estate data for Condo in Miami Beach as of Apr 18, 2026
2,037
Condo Listed
180
Avg DOM
1,053
Avg $ / SqFt
$1,688,284
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 $1,053. The average listing price for Condo in Miami Beach is $1,688,284. To schedule a showing of MLS#a11968062 at 503 12th St # 5 in Miami Beach, FL, contact your Julien Drieu agent at 7862380927.

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