$243,000
SOLD JUN 17, 2019

641 Espanola Way Unit 30 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
710 Sq Ft
$340/mo HOA Fee

Recently Sold

$342 Per Sq Ft

10% Below List Price

156 Days on Market

Highlights

  • Intracoastal View
  • Wood Flooring
  • Closet Cabinetry
  • Intercom to Front Desk
  • Balcony
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2020

Looking for a quintessential South Beach Espanola Way Pied-a-Terre? Look no further, as this delightful 1 bed / 1 bath 710 SF condo is the one. Recently remodeled with full impact windows and doors, wood floors and a very practical galley style kitchen. Enjoy sunsets on the balcony every evening, this unit is filled with light and beautiful finishes. Lots of closets and storage and a very decent sized bedroom. Some furniture and artwork can be separately negotiated. Come and see!
**NOTE** There are 14 parking spaces available in the complex that are assigned by the Board of Directors. Parking is $50 per month for owners when available. Tenants pay $67 per month. Owners have seniority.

Last Agent to Sell the Property

Richard Corrales

Silverleaf Realty Group License #3280975 Listed on: 11/28/2018

Last Buyer's Agent

Martin Gelbspan

MASTER Real Estate License #3372548

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1962

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 710 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Intracoastal Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

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

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-026-0300

Community Details

Overview

  • 36 Units
  • Low-Rise Condominium
  • 641 Espanola Way Condos
  • 641 Espanola Way Inc Cond Subdivision

Amenities

  • Trash Chute
  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,638

Year Built

Built in 1962

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 710
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Intracoastal View
  • Exterior Features: Open Balcony
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 641 Espanola Way
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 340
  • Amenities: Elevator(s), None, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-026-0300
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 2, 2020
Sold by
Serocki Leigh M
Bought by
Brennan Andrew C and Huberman Benjamin
Seller's Agent
George Formento
Compass Florida, LLC
Buyer's Agent
George Formento
Compass Florida, LLC
List Price
$257,000
Sold Price
$220,000
Premium/Discount to List
-$37,000
-14.4%
Current Estimated Value
$329,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,476
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jun 14, 2019
Sold by
Hampson Michael and Smude Tyra
Bought by
Serocki Leigh M
Seller's Agent
Richard Corrales
Silverleaf Realty Group
Buyer's Agent
Martin Gelbspan
MASTER Real Estate
List Price
$269,000
Sold Price
$243,000
Premium/Discount to List
-$26,000
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.07%
Original Mortgage
$172,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Toglia Michael J
Bought by
Smude Tyra and Hampson Michael

Purchase Details

Closed on
Jul 18, 2001
Sold by
Denise R Lopez I
Bought by
Toglia Michael J

Purchase Details

Closed on
Apr 13, 1995
Sold by
Ebling Jaime and Goldstein Lillian
Bought by
Cisneros Jason and Lopez Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
8.59%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $220,000 Attorney
Warranty Deed $243,000 Rapid Title Services Company
Warranty Deed $120,800 Exclusive Title Company Inc
Warranty Deed $99,000 --
Quit Claim Deed $100 --
Personal Reps Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,500 New Conventional
Previous Owner $205,000 Unknown
Previous Owner $27,000 Credit Line Revolving
Previous Owner $17,000 Credit Line Revolving
Previous Owner $155,000 Fannie Mae Freddie Mac
Previous Owner $132,800 Unknown
Previous Owner $122,500 Balloon
Previous Owner $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $220,000 -11.6% $310 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $249,000 -3.1% $351 / Sq Ft
01/09/2020 01/09/20 For Sale $257,000 +5.8% $362 / Sq Ft
06/17/2019 06/17/19 Sold $243,000 -2.4% $342 / Sq Ft
02/18/2019 02/18/19 Price Changed $249,000 -7.4% $351 / Sq Ft
11/23/2018 11/23/18 For Sale $269,000 -- $379 / 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
2025 $4,233 $239,580 -- --
2024 $3,898 $217,800 -- --
2023 $3,898 $198,000 $0 $0
2022 $3,382 $180,000 $0 $0
2021 $3,269 $169,300 $0 $0
2020 $2,979 $153,900 $0 $0
2019 $2,717 $181,000 $0 $0
2018 $2,638 $181,328 $0 $0
2017 $2,605 $177,599 $0 $0
2016 $2,591 $173,947 $0 $0
2015 $3,402 $212,130 $0 $0
2014 $2,793 $116,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10577575

MIAMI REALTORS® MLS

APN: 02-3234-026-0300