NOT LISTED FOR SALE

641 Espanola Way Unit 18 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $296,907 - $328,000

1 Bed
1 Bath
710 Sq Ft
$370/mo HOA Fee

Last Sold July 29, 2022

Last sale price $285,000 $401 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,436/month

91 Days on Market

Highlights

  • Newly Remodeled
  • Furnished
  • Clear Impact Glass
  • Garden View
  • Bike Room
  • Closet Cabinetry

About This Home

As of July 2022

Beautiful and large one bedroom one bath, with tons of natural light and a private balcony located on one of the most quaint and charming streets in all of South Beach, the world-famous Espanola Way. Stainless steel appliances, ceramic floor thruout, and large corner windows give this unit the perfect amount of sunshine 365 days a year. Short walking distance to the local shops and restaurants, 2 blocks from Lincoln Road, and 3 blocks to the beach. Very well managed building with reserves. Has already passed their 40-year certification with the City of Miami Beach.

Last Listed By

Felipe Cunha

London Foster Realty License #3235521 Listed on: 04/28/2022

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1962 | Newly Remodeled

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Garden Apartment

Interior Spaces

  • 710 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Intercom Access

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Accessible Elevator Installed
  • Patio
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-026-0180

Community Details

Overview

  • Low-Rise Condominium
  • 641 Espanola Way Condo
  • 641 Espanola Way Inc Cond Subdivision

Amenities

  • Laundry Facilities
  • Bike Room
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complex Is Fenced
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,102

Year Built

Built in 1962 | Newly Remodeled

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 641 ESPANOLA WAY INC COND
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 710
  • Other Equipment: Elevator, Intercom
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1
  • Patio And Porch Features: Awning(s), Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 641 Espanola Way Condo
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space, Space Rented

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 1110
  • Amenities: Bike Storage, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-026-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 29, 2022
Sold by
Jean Demars Deborah and Jean Brian Charles
Bought by
Pendarvand Nasrin and Shirabad Hosein Khodayl
Seller's Agent
Felipe Cunha
London Foster Realty
Buyer's Agent
Jordan Millman
West Avenue Realty
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Total Days on Market
91
Current Estimated Value
$306,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,727
Avg. Annual Appreciation
2.63%
Original Mortgage
$199,500
Outstanding Balance
$192,391
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$114,336

Purchase Details

Closed on
Sep 29, 2017
Sold by
Barnard Stephen R and Dortch Ashley
Bought by
Demars Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2014
Sold by
Quirke Amanda and Hand Charles Matthew
Bought by
Barnard Stephen R and Dortch Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Stoeker Joel T
Bought by
Quirke Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2005
Sold by
Arriola Daniel J
Bought by
Stoeker Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2002
Sold by
Pagancoss Harald
Bought by
Arriola Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.62%

Purchase Details

Closed on
Aug 29, 2001
Sold by
Alicia Saxe I
Bought by
Pagancoss Harald

Purchase Details

Closed on
Dec 6, 2000
Sold by
Winsor Morgan
Bought by
Saxe Alicia

Purchase Details

Closed on
Jan 11, 1999
Sold by
Lew Jeffrey N
Bought by
Winsor Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1993
Sold by
Delemos Louis
Bought by
Lew Jeffrey Nison

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pendarvand Nasrin $285,000 Nu World Title
Demars Stephanie $255,000 Clear Title Group Llc
Barnard Stephen R $250,000 Global Title Company Llc
Quirke Amanda $263,000 Lions Gate Title & Escrow
Stoeker Joel T $264,000 --
Arriola Daniel J $145,000 --
Pagancoss Harald $99,000 --
Saxe Alicia $85,000 --
Winsor Morgan $65,000 --
Lew Jeffrey Nison $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendarvand Nasrin $199,500
Previous Owner Demars Stephanie $204,000
Previous Owner Barnard Stephen R $187,500
Previous Owner Quirke Amanda $243,800
Previous Owner Quirke Amanda $263,000
Previous Owner Stoeker Joel T $207,000
Previous Owner Arriola Daniel J $116,000
Previous Owner Winsor Morgan $39,000
Closed Arriola Daniel J $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $285,000 -3.4% $401 / Sq Ft
04/28/2022 04/28/22 For Sale $295,000 -- $415 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $2,102 $149,767 $0 $0
2020 $2,070 $147,700 $0 $0
2019 $2,578 $173,800 $0 $0
2018 $3,073 $204,449 $0 $0
2017 $2,470 $170,541 $0 $0
2016 $2,456 $167,034 $0 $0
2015 $3,235 $203,700 $0 $0
2014 $1,284 $103,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11195935

MIAMI REALTORS® MLS

APN: 02-3234-026-0180