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Just let us know what’s on your mind and we’ll get back to you faster than you can say "No commission"!
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503 12th St #5, Miami Beach, FL 33139
2 beds 2 baths 980 Sqft
Listings courtesy of Krimus Realty, LLC..
$549,000 $560/sf Earn $10,980
$549,000
Credit Back up to $10,980*
$560.20/sf
Active - Condominium for sale
Rare opportunity to own a true Art Deco 2 bedroom 2 bathroom in prime South Beach 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.
- Listed by: Michael Krimus • 786-630-3835 • michael@krimusrealty.com
- Brokered by: Krimus Realty, LLC. • 786-630-3835
- Source: Miami MLS
- MLS Number: A11968062
- MLS Last Updated: Mar 26, 2026 at 02:20pm EDT
Hospital
Pharmacy
Veterinary
Store
Pet Store
Restaurant
Bar
Gym
Parking
Gas Station
Airport
Bank
Bus Station
Fire Station
Police
Post Office
Park
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Appliances: Gas Range
Furnished: Unfurnished
Security Features: Fire Alarm, Card Entry
Status: Active
Listed Date: 02/21/2026
Days On Market: 42
View: View Garden View
Association Fee: $550
Pets Allowed: Yes
Architectural Style: Garden Apartment
Parking Total: 1
Year Built: 1940
Building Name: BAYLIS CONDO
Construction Materials: Concrete Block Construction
Cooling: Central Air
Flooring: Wood
Heating: Central
Interior Features: First Floor Entry
Pets Allowed: Yes
Parcel Number: 02-32-34-110-0050
Tax 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
Subdivision Name: Baylis Condo
MLS Area Major: Baylis Condo
Middle/Junior School: Nautilus
High School: Miami Beach
Based on information as of Mar 26, 2026 at 02:20pm EDT.
Ndakhte N. Oakland Park, FL
Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...
Barbara Bezerra, Miami, FL
The service that was provided by you and you're broker has been outstanding!
Thank you
Antoni Paris, Jacksonville, Fl
Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni
June M. Jacksonville, Fl
You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2022
Rufus H, Ocala, Fl
My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200
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