641 Espanola Way Unit 2 Miami Beach, FL 33139
Flamingo Neighborhood
--
Bed
1
Bath
430
Sq Ft
$235/mo
HOA Fee
Highlights
- Newly Remodeled
- Elevator
- Tile Flooring
- Garden View
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
About This Home
As of October 2018GRAB IT WHILE IT'S HOT: $165,000! A RARE INVESTMENT OPPORTUNITY IN SOUTH BEACH. 430 sf studio available for immediate sale! Located in the heart of South Beach in quiet Flamingo District neighborhood. Only blocks away from beach and Lincoln Road shops, restaurants, and entertainment. Tile flooring. Kitchen with marble countertop.
Gated security and elevator. Immediate rental permitted. Washer/Dryer located in common area. Pets ok for owners. Assigned parking can be available from the association for a low monthly fee (approx. $50 per month).
Low Monthly condo maintenance: $235! Building passed 40-years re-certification in 2007/2008.
Last Agent to Sell the Property
Sunset Realty Group of South Florida License #3192828 Listed on: 08/04/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $553
Year Built
- Built in 1962 | Newly Remodeled
Lot Details
- West Facing Home
HOA Fees
- $235 Monthly HOA Fees
Home Design
- Garden Apartment
Interior Spaces
- 1 Full Bathroom
- 430 Sq Ft Home
- 3-Story Property
- Blinds
- Tile Flooring
- Garden Views
Kitchen
- Electric Range
- Dishwasher
- Trash Compactor
Parking
- 1 Carport Space
- On-Street Parking
- Open Parking
Schools
- South Pointe Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 02-32-34-026-0020
Community Details
Overview
- 36 Units
- Low-Rise Condominium
- 641 Espanola Way Condos
- 641 Espanola Way Inc Cond Subdivision
Amenities
- Laundry Facilities
- Elevator
Pet Policy
- Breed Restrictions
Building Details
Security
- Phone Entry
- Complex Is Fenced
- Walled
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2018
Closed on
Oct 17, 2018
Sold by
Dominguez Nicolas
Bought by
Xdo Espanola 641 Llc
Seller's Agent
Rafael A. Velasquez
Sunset Realty Group of South Florida
Buyer's Agent
Anthony Giulino
Douglas Elliman
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Purchase Details
Closed on
Jan 12, 2001
Sold by
Webber Ted H
Bought by
Dominguez Nicolas
Purchase Details
Closed on
Jul 9, 1999
Sold by
William and Casbay Karen E
Bought by
Townsley Brandon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,850
Interest Rate
7.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 1997
Sold by
Hancock Barry Dean
Bought by
Sanchez Paul A and Webber Ted H
Purchase Details
Closed on
Jul 16, 1993
Sold by
Valdes Pedro E
Bought by
Hancock Barry Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
7.26%
Purchase Details
Closed on
Jul 15, 1993
Sold by
Valdes Chao Pedro A
Bought by
Hancock Barry Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
7.26%
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Clear Title Group | |
| Warranty Deed | $58,000 | -- | |
| Warranty Deed | $80,900 | -- | |
| Warranty Deed | $45,000 | -- | |
| Warranty Deed | $16,500 | -- | |
| Warranty Deed | $16,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $162,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $20,617 | Unknown | |
| Previous Owner | $22,582 | Unknown | |
| Previous Owner | $93,600 | Unknown | |
| Previous Owner | $66,000 | FHA | |
| Previous Owner | $76,850 | New Conventional | |
| Previous Owner | $26,400 | No Value Available | |
| Previous Owner | $26,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | For Sale | $240,000 | 0.0% | $558 / Sq Ft |
| 07/01/2024 07/01/24 | Rented | $1,625 | -4.1% | -- |
| 06/24/2024 06/24/24 | Under Contract | -- | -- | -- |
| 06/06/2024 06/06/24 | Price Changed | $1,695 | -3.1% | $4 / Sq Ft |
| 05/07/2024 05/07/24 | Price Changed | $1,750 | -2.8% | $4 / Sq Ft |
| 04/01/2024 04/01/24 | Price Changed | $1,800 | -10.0% | $4 / Sq Ft |
| 03/19/2024 03/19/24 | For Rent | $2,000 | +66.7% | -- |
| 03/15/2021 03/15/21 | Rented | $1,200 | 0.0% | -- |
| 02/22/2021 02/22/21 | For Rent | $1,200 | +4.3% | -- |
| 02/01/2019 02/01/19 | Rented | $1,150 | +2.2% | -- |
| 01/09/2019 01/09/19 | Under Contract | -- | -- | -- |
| 01/02/2019 01/02/19 | Price Changed | $1,125 | -6.3% | $3 / Sq Ft |
| 12/06/2018 12/06/18 | Price Changed | $1,200 | -7.7% | $3 / Sq Ft |
| 10/30/2018 10/30/18 | For Rent | $1,300 | 0.0% | -- |
| 10/18/2018 10/18/18 | Sold | $160,000 | -3.0% | $372 / Sq Ft |
| 09/22/2018 09/22/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | For Sale | $165,000 | -- | $384 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,605 | $146,410 | -- | -- |
| 2024 | $2,508 | $133,100 | -- | -- |
| 2023 | $2,508 | $121,000 | $0 | $0 |
| 2022 | $2,067 | $110,000 | $0 | $0 |
| 2021 | $2,149 | $111,300 | $0 | $0 |
| 2020 | $2,052 | $106,000 | $0 | $0 |
| 2019 | $2,417 | $124,700 | $0 | $0 |
| 2018 | $553 | $62,310 | $0 | $0 |
| 2017 | $553 | $61,029 | $0 | $0 |
| 2016 | $557 | $59,774 | $0 | $0 |
| 2015 | $567 | $59,359 | $0 | $0 |
| 2014 | $579 | $58,888 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Anthony Giulino
Douglas Elliman
(305) 799-5744
6 in this area
32 Total Sales
-
J
Buyer's Agent in 2024
Jose Mocega
Douglas Elliman
(305) 695-6300
4 in this area
5 Total Sales
-
J
Buyer's Agent in 2021
Julia Poliadis
One Sotheby's International Re
(954) 245-3486
1 in this area
12 Total Sales
-
Buyer's Agent in 2019
Hector Beltran
Florida Realty of Miami
(786) 626-4897
5 Total Sales
-
R
Seller's Agent in 2018
Rafael A. Velasquez
Sunset Realty Group of South Florida
(305) 695-0055
1 in this area
3 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10515713
APN: 02-3234-026-0020
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