Condo
$900,000
100 Lincoln Rd # 542, Miami Beach FL 33139 – Residential
Lincoln Rd
- 1 bed
- 1.5 baths
- 880 sqft
Miami Beach
For Sale
CONDOMINIUM PRICE REDUCED
503 12th St # 5, Miami Beach FL 33139
503 12th St # 5, Miami Beach FL 33139
$499,000
₿≈ ₿7.5986
MLS A11968062 · 151 days on market
2
Beds
2
Baths
980
SQUARE FEET
Condominium
Type
1940
Built
$550
HOA / mo
Listing courtesy of
Krimus Realty, LLC.
Michael Krimus
MLS® #A11968062
Listing information last updated July 6, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Krimus Realty, LLC. — and every agent and broker in Miami — to get the deal done.
Overview
This condo in Miami Beach has 2 bedrooms and 2 bathrooms across 980 square feet, and is listed for sale at $499,000 (about $509 per square foot). Built in 1940.
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.
Listing history
Price reduced
↓ $36,000 from $535,000 · Jul 1, 2026 · MIAMI MLS
$499,000
Listed for sale
Feb 22, 2026 · MIAMI MLS
$549,000
Days on market
as of today
151 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$550 / mo
Annual property tax (2025)
$3,781
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
Building ExteriorHot WaterInsurancePest Control Interior
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11968062
Price$499,000
Size980 Square Feet
Bedrooms2
Bathrooms2
Year built1940
TypeCondominium
StatusFor Sale
HOA$550 / mo
Price / Square Feet$509
Features & amenities
First Floor Entry
Gas Range
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Open Parking
Property Attached
Location
503 12th St # 5, Miami Beach FL 33139
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$550
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 151 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.