503 12th St Unit 5, Miami Beach, Florida 33139 USA
$535,000
Condo / Town Home
MLS® A11968062
About this Property
Rare opportunity to own a spacious 2 bedroom, 2 bathroom Art Deco condo in the heart of South Beach, just steps from Washington Avenue and a short walk to the beach. This 980 square foot first-floor residence offers abundant natural light and great bones, making it the perfect opportunity for a buyer looking to renovate and create value. Located in a gated community with one of the lowest HOA fees in the area, this property stands out for both end-users and investors. The flexible rental policy allows up to four leases per year with a 90-day minimum, offering strong income potential. Features include original Florida pine wood floors, a decorative fireplace, impact windows, and a newer AC system. The oversized kitchen layout provides excellent space for redesign and modernization. Additional highlights include assigned storage, extra basement storage, and access to a shared outdoor yard area. City garage parking is conveniently located nearby. Washer and dryer installation is permitted per association. A rare chance to purchase a well-located, large floor plan with upside potential in one of South Beach's most desirable neighborhoods.Property Tour
Property Location
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