503 12th St #5, Miami Beach, FL 33139
503 12th St #5, Miami Beach, FL 33139
503 12th St #5, Miami Beach, FL 33139
503 12th St #5, Miami Beach, FL 33139
503 12th St #5, Miami Beach, FL 33139
503 12th St #5, Miami Beach, FL 33139
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$ 535,000
Est. payment | /mo

2 Beds

2 Baths

980 SqFt


$ 535,000
Est. payment | /mo

2 Beds

2 Baths

980 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $545

Subdivision Baylis Condo

MLS Listing ID A11968062

Style Garden Apartment

Bedrooms 2

Full Baths 2

HOA Fees $550/mo

HOA Y/N Yes

Min Days of Lease 90

Leases Per Year 4

Year Built 1940

Annual Tax Amount $3,781

Tax Year 2025

Property Sub-Type Condominium

Property Description

Rare opportunity to own a spacious 2 bedroom, 2 bathroom Art Deco condo in the heart of South Beach, just steps from Washington Avenue and a short walk to the beach.
This 980 square foot first-floor residence offers abundant natural light and great bones, making it the perfect opportunity for a buyer looking to renovate and create value.
Located in a gated community with one of the lowest HOA fees in the area, this property stands out for both end-users and investors. The flexible rental policy allows up to four leases per year with a 90-day minimum, offering strong income potential.
Features include original Florida pine wood floors, a decorative fireplace, impact windows, and a newer AC system. The oversized kitchen layout provides excellent space for redesign and modernization.
Additional highlights include assigned storage, extra basement storage, and access to a shared outdoor yard area. City garage parking is conveniently located nearby. Washer and dryer installation is permitted per association.
A rare chance to purchase a well-located, large floor plan with upside potential in one of South Beach's most desirable neighborhoods.

Location

State FL

County Miami-dade

Community Baylis Condo

Area 32

Interior

Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary

Heating Central

Cooling Central Air

Flooring Hardwood, Other, Wood

Appliance Gas Range

Exterior

Exterior Feature Security/High Impact Doors

Utilities Available Cable Available

Amenities Available None

View Garden

Garage No

Private Pool Yes

Building

Faces South

Story 1

Architectural Style Garden Apartment

Level or Stories One

Structure Type Block

Schools

Middle Schools Nautilus

High Schools Miami Beach

Others

Pets Allowed No Pet Restrictions, Yes

HOA Fee Include Hot Water,Insurance,Maintenance Structure,Pest Control

Senior Community No

Restrictions Corporate Buyer OK,OK To Lease

Tax ID 02-32-34-110-0050

Security Features Key Card Entry

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11968062

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Krimus Realty, LLC.

Nearby Locations

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Pierina Cancino
Pierina Cancino

Certified Divorce Real Estate Expert | License ID: 3424551

+1(786) 856-3313

33143, USA

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503 12th St #5