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.
For sale
$189,000
736 12th St APT 5, Miami Beach, FL 33139
0beds
500sqft
Condominium
Built in 1947
-- sqft lot
$197,400 Zestimate®
$378/sqft
$659/mo HOA
What's special
Abundant closet spaceHardwood floors
- 2 days |
- 224 |
- 11 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Krimus 786-630-3835,
Krimus Realty, LLC.
Source: MIAMI,MLS#: A12066062
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window/Wall
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Ceramic Tile, Wood
- Windows: Blinds, Jalousie
- Furnished: Yes
Interior area
- Total structure area: 500
- Total interior livable area: 500 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Entry location: First Floor Entry
- Patio & porch: Patio
- Exterior features: Awning(s)
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Features: East Of Us1
Details
- Additional structures: Studio Apartment
- Parcel number: 0242031730170
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
Community & HOA
Community
- Security: Smoke Detector, Intercom In Lobby, Other
- Application fee: $100
- Subdivision: Park Corner Condo
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $659 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $378/sqft
- Tax assessed value: $175,540
- Annual tax amount: $3,234
- Date on market: 8/13/2026
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
$197,400
Estimated sales range
$176,000 - $221,000
Rent Zestimate®
$2,065/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $189,000+125.3%$378/sqft |
Source: | ||
| 10/27/2020 | Listing removed | $1,250$3/sqft |
Source: Keller Williams Eagle Realty #A10816526 Report a problem | ||
| 7/13/2020 | Price change | $1,250-3.8%$3/sqft |
Source: Keller Williams Eagle Realty #A10816526 Report a problem | ||
| 2/12/2020 | Listed for rent | $1,300$3/sqft |
Source: Keller Williams Eagle Realty #A10816526 Report a problem | ||
| 6/11/2016 | Listing removed | $1,300+10.6%$3/sqft |
Source: Only Way Realty Report a problem | ||
| 9/7/2013 | Listing removed | $1,175$2/sqft |
Source: Keller Williams Miami Beach #A1819501 Report a problem | ||
| 8/31/2013 | Price change | $1,175-4.1%$2/sqft |
Source: Keller Williams Miami Beach #A1819501 Report a problem | ||
| 8/30/2013 | Price change | $1,225+4.3%$2/sqft |
Source: Emporio Real Estate Report a problem | ||
| 8/22/2013 | Price change | $1,175-4.1%$2/sqft |
Source: Keller Williams Miami Beach #A1819501 Report a problem | ||
| 8/20/2013 | Price change | $1,225+4.3%$2/sqft |
Source: Emporio Real Estate Report a problem | ||
| 8/14/2013 | Price change | $1,175-4.1%$2/sqft |
Source: Keller Williams Miami Beach #A1819501 Report a problem | ||
| 7/27/2013 | Listed for rent | $1,225$2/sqft |
Source: Keller Williams Miami Beach #A1819501 Report a problem | ||
| 5/18/2010 | Sold | $83,900-55.1%$168/sqft |
Source: Public Record Report a problem | ||
| 4/12/2007 | Sold | $187,000+35.5%$374/sqft |
Source: Public Record Report a problem | ||
| 1/4/2005 | Sold | $138,000+134.7%$276/sqft |
Source: Public Record Report a problem | ||
| 10/23/2000 | Sold | $58,800+27.8%$118/sqft |
Source: Public Record Report a problem | ||
| 9/11/2000 | Sold | $46,000-13.2%$92/sqft |
Source: Public Record Report a problem | ||
| 4/9/1997 | Sold | $53,000+6%$106/sqft |
Source: Public Record Report a problem | ||
| 7/28/1993 | Sold | $50,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,234 +6.8% | $170,687 +10% |
| 2024 | $3,028 +5.4% | $155,170 +10% |
| 2023 | $2,874 +14.9% | $141,064 +10% |
| 2022 | $2,502 +11.1% | $128,240 +10% |
| 2021 | $2,251 -1.3% | $116,582 -1% |
| 2020 | $2,280 -0.1% | $117,760 |
| 2019 | $2,282 -8.3% | $117,760 -7.3% |
| 2018 | $2,488 | $126,982 +10% |
| 2017 | $2,488 -1.7% | $115,439 +10% |
| 2016 | $2,531 +9.4% | $104,945 +10% |
| 2015 | $2,313 +17.9% | $95,405 +10% |
| 2014 | $1,962 +33.7% | $86,732 +10% |
| 2013 | $1,467 | $78,848 +10% |
| 2012 | $1,467 -1.1% | $71,680 |
| 2011 | $1,484 -15.6% | $71,680 -10% |
| 2010 | $1,757 -3.5% | $79,640 -10% |
| 2009 | $1,820 -4.7% | $88,490 -6.6% |
| 2007 | $1,911 -11% | $94,720 |
| 2006 | $2,146 | -- |
| 2005 | $2,146 +7.1% | -- |
| 2004 | $2,004 +56% | -- |
| 2003 | $1,285 +4.5% | -- |
| 2002 | $1,229 | -- |
| 2001 | $1,229 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.3 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.1 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.2 mi
Schools provided by the listing agent
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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