641 Espanola Way Unit 16 Miami Beach, FL 33139
Flamingo Neighborhood
1
Bed
1
Bath
790
Sq Ft
$450/mo
HOA Fee
Highlights
- Water Views
- Gated Community
- Breakfast Area or Nook
- Fitness Center
- Furnished
- Balcony
About This Home
As of October 2024Large 1/1 (790sf) corner unit w/private balcony on 2nd floor on famous Espanola Way in South Beach with lots of natural light. Brand new impact windows and doors throughout the unit, top of the line stainless steel appliances and granite countertops. Spacious primary bedroom with custom built in office desk area. Quiet Flamingo neighborhood, located 6 blocks west of the shores of the Miami Beach Art Deco District and only 4 blocks from Lincoln Rd with pedestrian - friendly shopping, dining and entertainment. Elevator in the building and on-site washer and dryer. The building has passed its 50 year certification in 2022 and the association has reserves.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,184
Year Built
- Built in 1962
HOA Fees
- $450 Monthly HOA Fees
Interior Spaces
- 790 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Combination Kitchen and Dining Room
- Laminate Flooring
- Water Views
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Separate Shower in Primary Bathroom
Home Security
Outdoor Features
- Balcony
- Open Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 02-32-34-026-0160
Community Details
Overview
- Association fees include common areas, laundry, sewer, trash, water
- 37 Units
- 641 Espanola Way Inc Cond Subdivision
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
Security
- Phone Entry
- Gated Community
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Oct 9, 2024
Sold by
Morozova Ekaterina
Bought by
Power James Stephen
Seller's Agent
Marina Bartashnik
Douglas Elliman
Buyer's Agent
Melissa Lugo
RE/MAX Concierge
List Price
$299,999
Sold Price
$335,000
Premium/Discount to List
$35,001
11.67%
Total Days on Market
46
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,370
Avg. Annual Appreciation
-4.06%
Original Mortgage
$251,250
Outstanding Balance
$249,787
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$76,843
Purchase Details
Listed on
Aug 16, 2021
Closed on
Feb 25, 2022
Sold by
St Onge Sylvain
Bought by
Morozova Ekaterina
Seller's Agent
Rafael A. Velasquez
Sunset Realty Group of South Florida
Buyer's Agent
Evgeniya Zarudny
Wisewill Real Estate, LLC.
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$185,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2010
Sold by
Day Everett
Bought by
St Onge Sylvain
Purchase Details
Closed on
Jan 5, 2010
Sold by
The Bank Of New York Mellon
Bought by
Day Everett
Purchase Details
Closed on
Sep 30, 2009
Sold by
Navas Fabiana
Bought by
The Bank Of New York
Purchase Details
Closed on
May 9, 2006
Sold by
Navas Faniela
Bought by
Navas Fabiana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.29%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 13, 2004
Sold by
Tanasychuk Benjamin John
Bought by
Navas Faniela
Purchase Details
Closed on
Jan 3, 1997
Sold by
Pattison Robert and Attianese Adolph
Bought by
Levin Steven L and Levin Jan G
Map
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Similar Homes in Miami Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $335,000 | Union Title | |
| Warranty Deed | $265,000 | Title Now | |
| Warranty Deed | $190,000 | Attorney | |
| Special Warranty Deed | $125,000 | Multiple | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $265,000 | Usa Title Llc | |
| Warranty Deed | $235,000 | -- | |
| Warranty Deed | $59,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,250 | New Conventional | |
| Previous Owner | $185,500 | New Conventional | |
| Previous Owner | $212,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $130,500 | Unknown | |
| Previous Owner | $40,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $335,000 | +11.7% | $424 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $299,999 | 0.0% | $380 / Sq Ft |
| 03/14/2023 03/14/23 | Rented | $2,600 | 0.0% | -- |
| 02/08/2023 02/08/23 | Price Changed | $2,600 | -5.5% | $3 / Sq Ft |
| 01/16/2023 01/16/23 | For Rent | $2,750 | +10.0% | -- |
| 05/19/2022 05/19/22 | Rented | $2,500 | -12.3% | -- |
| 04/19/2022 04/19/22 | Under Contract | -- | -- | -- |
| 04/18/2022 04/18/22 | For Rent | $2,850 | 0.0% | -- |
| 02/24/2022 02/24/22 | Sold | $265,000 | -1.9% | $335 / Sq Ft |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- |
| 09/20/2021 09/20/21 | For Sale | $270,000 | 0.0% | $342 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/16/2021 08/16/21 | For Sale | $270,000 | 0.0% | $342 / Sq Ft |
| 09/04/2018 09/04/18 | Under Contract | -- | -- | -- |
| 09/01/2018 09/01/18 | Rented | $1,600 | 0.0% | -- |
| 08/20/2018 08/20/18 | Price Changed | $1,600 | +3.2% | $2 / Sq Ft |
| 08/16/2018 08/16/18 | Price Changed | $1,550 | -3.1% | $2 / Sq Ft |
| 08/15/2018 08/15/18 | Price Changed | $1,600 | -5.9% | $2 / Sq Ft |
| 07/25/2018 07/25/18 | For Rent | $1,700 | +3.0% | -- |
| 06/01/2017 06/01/17 | Rented | $1,650 | -2.9% | -- |
| 05/15/2017 05/15/17 | Price Changed | $1,700 | +6.3% | $2 / Sq Ft |
| 05/03/2017 05/03/17 | Price Changed | $1,600 | -3.0% | $2 / Sq Ft |
| 04/26/2017 04/26/17 | Price Changed | $1,650 | -2.9% | $2 / Sq Ft |
| 04/17/2017 04/17/17 | Price Changed | $1,700 | -2.9% | $2 / Sq Ft |
| 03/14/2017 03/14/17 | Price Changed | $1,750 | +17.1% | $2 / Sq Ft |
| 03/13/2017 03/13/17 | For Rent | $1,495 | -32.0% | -- |
| 08/05/2013 08/05/13 | Rented | $2,200 | -4.3% | -- |
| 08/05/2013 08/05/13 | For Rent | $2,300 | +4.5% | -- |
| 11/01/2012 11/01/12 | Rented | $2,200 | +12.8% | -- |
| 11/01/2012 11/01/12 | For Rent | $1,950 | -- | -- |
Source: BeachesMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,184 | $239,112 | -- | -- |
| 2023 | $4,184 | $221,400 | $0 | $0 |
| 2022 | $3,382 | $180,000 | $0 | $0 |
| 2021 | $3,533 | $183,000 | $0 | $0 |
| 2020 | $3,221 | $166,400 | $0 | $0 |
| 2019 | $3,784 | $195,800 | $0 | $0 |
| 2018 | $3,691 | $230,354 | $0 | $0 |
| 2017 | $3,732 | $161,137 | $0 | $0 |
| 2016 | $3,042 | $146,489 | $0 | $0 |
| 2015 | $3,233 | $133,172 | $0 | $0 |
| 2014 | $2,899 | $121,066 | $0 | $0 |
Source: Public Records
Source: BeachesMLS
MLS Number: R11016876
APN: 02-3234-026-0160
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