Basic Information

  • Type Condominiums
  • Subdivision/Complex Baylis Condo
  • Year Built 1940
  • Total Sqft 980
  • Date Listed 02/22/2026
  • Days on Market 18
Description

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.

Amenities

  • None

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description On Street
  • Exterior Features Security High Impact Doors

Interior Features

  • Adjusted Sqft 980Sq.Ft
  • Interior Features Bedroom On Main Level, First Floor Entry, Main Level Primary
  • Sqft 980 Sq.Ft

Property Features

  • Aprox. Lot Size 980
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $550
  • Subdivision Complex Baylis Condo
  • Subdivision Info Baylis Condo
  • Tax Amount $3,781
  • Tax Year 2025

503 12th St #5

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Krimus Realty, LLC.. tel: 786-630-3835

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