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Listed price in listed location currency (USD).
$535,000

220

MLS® A11968062

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 980 sqft
Garage 
HOA Fees $550
Taxes $3,781
Days Active 59
Approx. Age 1940
Avg. Price Per Sqft $545
MLS® Number A11968062

Property Address: 5-503 12th St, Miami Beach, FL, 33139-4549

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA11968062
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1940
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 22, 2026List Date
$535,000List Price

Home Appraisal

This property is estimated to sell between: $535,000 and $717,000.
Similar properties in this area sold on average for: $655,818
Expected to sell in 14 days. Similar properties sold in 73 days. This home has been on eXp Realty for 59 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
503 12Th St, Miami Beach, FL

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