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736 12th Street 5, Miami Beach, FL 33139
Active
53 Days on Market
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How this price compares

List price
$189,000
Price per sq ft
$378
Vs. nearby sales
54.1% below
Days on market
53

This condo in ZIP 33139 is listed at $189,000, or $378 per square foot. It has been on the market for 53 days. The 4 most recent condo sales in the closings shown below sold at a median of $823 per square foot, so the asking price is 54.1% below what comparable homes here actually sold for.

0
Bedrooms
1
Bathrooms
500
Living Sq Ft
1947
Year Built

Estimated monthly payment

$993 /mo

Principal and interest only, based on $37,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $659/mo HOA are not included.

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Listing Snapshot

Price
$189,000
Days on Site
53 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
500 sqft
Total Sq Ft
500 sqft
Year Built
1947
Property Type
Condo
MLS #
A12066062
Property Tax
$3,234 (2025)
HOA Fees
$659 / Monthly
Subdivision
PARK CORNER CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

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.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1947
Number of Stories
2
Levels
One
Garage Spaces
0
Parking
On Street
Living Sq Ft
500
Total Sq Ft
500

Interior Features

Appliances
Dishwasher / Gas Range / Gas Water Heater / Refrigerator
Cooling
Ceiling Fans / Wall Window Units
Heating
Wall Furnace
Flooring
Ceramic Tile / Wood
Interior Features
Dining Area / Separate Formal Dining Room / Separate Shower
Windows
Blinds / Jalousie
Furnished
Furnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Awnings / Outdoor Living Area
Patio & Porch
Patio

Community & HOA

HOA Fee
$659 / Monthly
HOA Includes
Common Areas / Hot Water / Insurance / Legal Accounting / Maintenance Structure / Reserve Fund / Roof / Sewer / Trash / Water
Association Amenities
Laundry / Management / None
Security
Other / Phone Entry / Smoke Detectors
Utilities
Cable Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2420

Schools

Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Homes for Sale
2
Under Contract
0
Median List Price
$307,000
Median $/Sq Ft
$374
Avg Days on Market
45
View all 2 homes for sale in Park Corner Condo →
How do I schedule a tour of 736 12th Street 5, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 736 12th Street 5, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 736 12th Street 5, Miami Beach, FL 33139 still available?
736 12th Street 5, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 53 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 736 12th Street 5, Miami Beach, FL 33139?
With 20% down ($37,800) on the $189,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 736 12th Street 5, Miami Beach, FL 33139 is about $993/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 736 12th Street 5, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 736 12th Street 5, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 736 12th Street 5, Miami Beach, FL 33139 have an HOA fee?
Yes: 736 12th Street 5, Miami Beach, FL 33139 carries an HOA fee of about $659 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 736 12th Street 5, Miami Beach, FL 33139?
736 12th Street 5, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 736 12th Street 5, Miami Beach, FL 33139?
Often, yes. The right offer on 736 12th Street 5, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Krimus Realty, LLC.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

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Listed by Michael Krimus, Krimus Realty, LLC.

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