Date
Details
Price
Change
Source
2/22/2026
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/43
$549,000
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1/43
Property Description
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.
Full Property Details
Full Property Details for 503 12th St #5
General
- Price: $549,000
- HOA FEE: $550/month
- Taxes: $3,781 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11968062
- Updated: 4/10/2026
- Added to Site: 49 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Gas Range
- Flooring: Other, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Tub, Primary Bedroom Ground Level
Additional Information
- Shared Amenities: None
- Maint. Includes: Building Exterior, Hot Water, Insurance, Pest Control Interior
- Security/Safety: Fire Alarm, Card Entry
Parking
- Parking Features: On Street
Location
- Area: Baylis Condo
- County: Miami-Dade County
- Subdivision: BAYLIS CONDO
- Building Name: BAYLIS CONDO
- Direction Faces: South
School Information
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Baylis Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Garden Apartment
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 1
- Building Size: 980
- Square Feet: 980
- Living Area: 980 Sq. Ft.
- Year Built: 1940
Lot Features
- Property View: Garden View
Financial Considerations
- Price Per Sq. Ft.: $560.2
- Association Fee: $550
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,781
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: BAYLIS CONDO UNIT 5 UNDIV 0.089522% INT IN COMMON ELEMENTS OFF REC 17829-0778 OR 18367-2431 1098 1 COC 25226-4835 12 2006 5
- Restrictions: Corporate Buyer OK, No Daily Rentals, Ok To Lease
- Property ID: 02-32-34-110-0050
Listed by Krimus Realty, LLC.
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Listing agent
— 503 12th St #5 —
Krimus Realty, LLC.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 503 12th St #5
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.2 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 12th St #5
Tax History
Tax History for 503 12th St #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,781
3%
$243,188
3%
2024
$3,667
3%
$236,335
3%
2023
$3,559
5%
$229,452
6%
2021
$3,386
-1%
$216,281
-3%
2022
$3,411
1%
$222,769
4%
2021
$3,386
4%
$213,295
2%
2019
$3,250
6%
$208,500
2%
2018
$3,076
1%
$204,613
2%
2017
$3,039
—
$200,405
2%
2016
$3,025
-1%
$196,284
1%
2015
$3,061
-2%
$194,920
1%
2014
$3,112
2%
$193,374
1%
2013
$3,057
—
$190,517
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 12th St #5
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Listed by Mariana Garber
503 12th St #5, Miami Beach, FL 33139 (MLS# A11968062) is a Condo property with 2 bedrooms and 2 full bathrooms. 503 12th St #5 is currently listed for $549,000 and was received on February 22, 2026. Want to learn more about 503 12th St #5? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.