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736 12th St # 5, Miami Beach FL 33139

Condo/Co-op For Sale
$189,000

BTC: 2.92027194

ETH: 99.33565993

2 days
1 ba
500 sqft

Overview

Perfectly positioned in the heart of South Beach, this charming studio offers the ideal blend of beachside living, architectural character, and investment potential. Featuring hardwood floors, abundant closet space, and an updated kitchen with a gas range, the studio is both stylish and functional. Enjoy the building's lush, shaded courtyard complete with grilling and seating areas, or stroll just moments to the beach, Flamingo Park, tennis courts, Española Way, Lincoln Road, world class dining, shopping, and entertainment. A standout feature for investors, the building allows rentals twice per year with a 6 month minimum, offering rare flexibility in one of Miami Beach's most sought after neighborhoods. The association maintains HOA reserves, has no current special assessments, and recently completed a new roof just one year ago that carries a 20 year warranty, providing added peace of mind for future owners. Pet lovers will appreciate that owners are welcome to have pets, making this an excellent choice for a primary residence, vacation getaway, or long term investment. Whether you're looking for a beachside residence, a seasonal retreat, or a property with income potential, this South Beach studio delivers.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1947
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$378
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
$659

Valuation

Our model vs. what's actually selling nearby.
Estimate
$223,900
$169K – $300K
Confidence Low
List vs. estimate
$34K below estimate
List $189,000 · -15.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$378
-36.5% vs. city median $595
Based on
102 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $281K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,234
2025
HOA
$659/mo
View
None
Furnished
Furnished
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Gas Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Studio Apartment

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Levels: 1

    • Exterior Features: East Of Us1

    Other Property Information

    • Parcel Number: 02-42-03-173-0170

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $659

    • HOA Frequency: Monthly

    • Annual tax amount: $3,234

  • Source details

    • MLS ID: A12066062

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Patio

    • Window Features: Awning / Blinds / Jalousie

    • Living Area: 500

    • Subdivision Name: PARK CORNER CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Krimus Realty, LLC.