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

Listed at $535,000

Details

  • MLS# A11968062
  • Residential - Condominium
  • Status Active
  • 2 Bedrooms
  • 2 full Bathrooms
  • 980 Square Feet
  • 0 Lot Size
  • Built in 1940
  • Local Schools

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...read more 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.

Features

  • Gas Range
  • Central Air
  • Other
  • Wood
  • Central
  • 2.0 Stories
  • $3,781 Taxes
  • Built in 1940
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All Property Features

  • Property Type: Residential - Condominium
  • Appliances: Gas Range
  • Association Amenities: None
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 81
  • Door Features: High Impact Doors
  • Exterior: Concrete Block Construction
  • Flooring: Other, Wood
  • Heating: Central
  • HOA Fee: 550/ Monthly
  • Home Style: Garden Apartment
  • Home Warranty Y/N: No
  • Interior Features: First Floor Entry
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional, FHA
  • Parcel#: 02-32-34-110-0050
  • Parking: On Street
  • Parking Notes: On Street
  • Pets Allowed: Yes
  • Property Attached Y/N: Yes
  • Property Sub-Type: Condominium
  • Security: Fire Alarm, Card Entry
  • Special View Info: Garden View
  • Stories: 2.0
  • Taxes: $3,781
  • Year Built: 1940