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

220

MLS® A11968062

Overview

Key Facts

Type Condominium
Levels Residential
Size 980 sqft
Garage 
Maintenance Fees $550
Taxes $3,781
Days Active 68
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

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.
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 Estimate Zoopraisal®

This property is estimated to sell between: $535,000 and $649,000.
Similar properties in this area sold on average for: $610,363
Expected to sell in 8 days. Similar properties sold in 76 days. This home has been on Zoocasa for 68 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.

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