503 12th St # 5, Miami Beach FL 33139,33139,Miami Beach,Miami-Dade County

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.