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503 12th St #5, 
Miami Beach, FL 33139

$535,000


2

Beds


2

Baths


980

Sq Ft


Condo


Virtual Tour

Active

Listed by

Michael Krimus

Krimus Realty, LLC.

786-630-3835

Last updated:

June 4, 2026, 09:56 AM

MLS#

A11968062

Source:

SEFMLS

About This Home

503 12th St #5

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.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1940

Price Summary

535,000

$545 per Sq. Ft.

MLS #:

A11968062

Last Updated:

June 4, 2026, 09:56 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

980 Sq. Ft.


Structure

Structure

Architectural Style:

Garden Apartment

Building Area:

980 Sq. Ft.

Year Built:

1940


Finances & Disclosures

Finances

Price:

$535,000

Price per Sq. Ft:

$545 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.