Atlantic Luxury Advisors
736 12th St #5 photo 1736 12th St #5 photo 2736 12th St #5 photo 3736 12th St #5 photo 4736 12th St #5 photo 5

39 photos

736 12th St #5

Miami Beach, FL 33139

$189,000
0
1
500 sq ft
1947
Condominium
$659/mo
27
Active

Listing courtesy of Krimus Realty, LLC. (Michael Krimus). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$1,960/mo
Principal and interest
$956
Property tax
$228
Homeowners insurance
$117
HOA
$659

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,736/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$659/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.