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641 Espanola Way # 3, Miami Beach FL 33139

Condo/Co-op Active With Contract
$275,000

BTC: 3.37651176

ETH: 113.07565789

-$4K (2026/08/04)
104 days
1 bds
1 ba
790 sqft

Overview

Charming and spacious 1B/1B corner unit located in the heart of South Beach on iconic Espanola Way. This historic property offers a rare opportunity for both investors and end users. The large floor plan is bigger than most units in the area and features a central air, private balcony, abundant natural light, and a desirable corner location. Situated on the quiet end of vibrant Espanola Way, the well-maintained gated building offers secure access via call box, low HOA fees, and healthy reserves. Assigned parking may be available for $50/month, based on availability or street parking. Just a short walk to the beach, dining, shopping, and entertainment, this vacant unit is easy to show and ready for its next owner. An exceptional opportunity to own in one of Miami Beach's most sought-after neighborhoods. Don't miss this great opportunity!

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1962
Lot:
No Data
Heating:
Central
Price/sqft:
$348
Cooling:
Central Air
HOA:
$548

Valuation

Our model vs. what's actually selling nearby.
Estimate
$391,194
$247K – $549K
Confidence Low
List vs. estimate
$116K below estimate
List $275,000 · -29.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$348
-39.9% vs. city median $579
Based on
22 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $318K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,571
2025
HOA
$548/mo
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Other View
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-34-026-0030

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $548

    • HOA Frequency: Monthly

    • Annual tax amount: $4,571

  • Source details

    • MLS ID: A12041393

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony / Patio

    • Architectural Style: Corner Unit

    • Living Area: 790

    • Subdivision Name: 641 ESPANOLA WAY INC COND

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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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: Coldwell Banker Realty