Baylis 5

This home was listed in February 2026 and is no longer on the market. It did not close through the MLS.

Unit 5
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Baylis Unit 5 No Longer Listed
No longer listed
503 12th St 5 · Ocean Drive · Miami Beach
503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 1 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 2 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 3 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 4 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 5 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 6 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 7 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 8 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 9 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 10 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 11 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 12 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 13 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 14 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 15 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 16 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 17 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 18 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 19 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 20 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 21 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 22 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 23 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 24 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 25 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 26 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 27 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 28 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 29 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 30 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 31 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 32 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 33 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 34 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 35 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 36 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 37 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 38 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 39 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 40 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 41 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 42 of 43503 12th St 5, 503 12th St 5, Ocean Drive, Miami Beach FL 33139, photo 43 of 43
Not AvailableAsking Price
Per SqFt
2/2Beds/BathsBd/Ba
980SqFt · 91.0 m²
Baylis · MLS A11968062 · 208 days on Zilbert · Listed Feb 22, 2026 · 503 12th St 5, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Asking PriceNot Available
Price per SqFt
Maintenance fee$550 Monthly
Property Taxes$3,781 2025
Interior Space980 SqFt
Beds/Baths2/2
Year Built1940
MLS #A11968062

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$550maintenance · $550 per month
$315taxes · $3,781/yr ÷ 12
$865 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

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 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.

Listed by Krimus Realty, LLC.

Sales History for This Home · Baylis Unit 5

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at Baylis. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by Krimus Realty, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.