$237,000
SOLD OCT 3, 2024

641 Espanola Way Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
470 Sq Ft
$280/mo HOA Fee

Recently Sold

$504 Per Sq Ft

8% Above List Price

73 Days on Market

Highlights

  • Intercom to Front Desk
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Old Spanish Architecture
  • Views
  • Intercom Access

About This Home

As of October 2024

INVESTOR SPECIAL: Art Deco studio size condo unit with back-end open balcony, overlooking the famous historic Espanola Way. Nestled in a secure community, this Art Deco gem offers a built-in wall closet, appliances, and brand new laminate flooring throughout. Just moments away from South Beach's pristine shoreline, Lincoln Road, and Flamingo Park. The well-maintained building boasts lush tropical landscaping and optional parking for guests. Discover nearby Lincoln Road Mall and Historic Espanola Way with exceptional dining spots and unique shops. This boutique residence provides a private oasis in the heart of Miami's vibrant nightlife and cultural scene. Keep this condo for rental income or updo it for your own residency. Easy to Show! Schedule your Showing Today.

Last Agent to Sell the Property

Anastasia Krasun Voropaieva

Related ISG Realty, LLC. License #3524077

Related ISG Realty, LLC.

Co-Listed By

Burak Kus

Related ISG Realty, LLC. License #3595722

Last Buyer's Agent

Nathalie Rego

The Keyes Company License #3584105

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1962

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Old Spanish Architecture
  • Cluster Home

Interior Spaces

  • 1 Full Bathroom
  • 470 Sq Ft Home
  • 3-Story Property
  • Paddle Fans
  • Tile Flooring
  • Intercom Access
  • Microwave
  • Property Views

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-026-0070

Community Details

Overview

  • Low-Rise Condominium
  • Carlisle On The Ocean Condos
  • 641 Espanola Way Inc Cond Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,910

Year Built

Built in 1962

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish, Patio/Cluster
  • Co List Office Mls Id: RISR01
  • Co List Office Phone: 305-932-6365
  • Entry Level: 1
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 470
  • Other Equipment: Intercom
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Fruit Trees
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CARLISLE ON THE OCEAN
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, On Street

Utilities

  • Cooling: Paddle Fans, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 280
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-026-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Sep 24, 2024
Sold by
Kodan Nilgun
Bought by
Melynda Schlotthauber
Seller's Agent
Anastasia Krasun Voropaieva
Related ISG Realty, LLC.
Buyer's Agent
Nathalie Rego
The Keyes Company
List Price
$220,000
Sold Price
$237,000
Premium/Discount to List
$17,000
7.73%
Total Days on Market
73
Views
97
Current Estimated Value
$235,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,442
Avg. Annual Appreciation
-0.95%
Original Mortgage
$177,500
Outstanding Balance
$176,496
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$59,062

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jan 13, 2022
Sold by
Red Ben Llc
Bought by
Kodan Nilgun
Seller's Agent
Max Picchiura
SOBE International Realty
Buyer's Agent
Ipek Ulkucu
Exit Ryan Scott Realty
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Aug 3, 2012
Closed on
Aug 6, 2012
Sold by
Realtybiz Llc
Bought by
Red Ben Llc
Seller's Agent
Giorgio Picinelli
SOBE International Realty
Buyer's Agent
Nicole Davis
The Brokerage South Florida Real Estate, LLC.
Sold Price
$1,150

Purchase Details

Closed on
Mar 6, 2012
Sold by
Sanchez Karina M
Bought by
Realtybiz Llc

Purchase Details

Closed on
May 28, 2002
Sold by
Rolando Gonzalez M and Rolando Neida R
Bought by
Ley Mario and Sanchez Karina M

Purchase Details

Closed on
Mar 29, 1994
Sold by
Gomez Salustiano and Gomez Sabustiano
Bought by
Gonzalez Rolando and Gonzalez Nedia R

Purchase Details

Closed on
Mar 28, 1994
Sold by
Levisman Delia
Bought by
Gomez Salustiano and Gomez Sabustiano

Map

Range of Values:

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Average Value
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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 $237,000 Aces Title
Warranty Deed $185,000 Smith Brian D
Warranty Deed $150,000 Attorney
Trustee Deed $81,100 None Available
Warranty Deed $63,000 --
Warranty Deed $24,000 --
Quit Claim Deed $15,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $62,495 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $237,000 0.0% $504 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $237,000 +7.7% $504 / Sq Ft
07/02/2024 07/02/24 For Sale $220,000 +18.9% $468 / Sq Ft
01/15/2022 01/15/22 Sold $185,000 -7.0% $394 / Sq Ft
06/09/2021 06/09/21 For Sale $199,000 0.0% $423 / Sq Ft
02/01/2019 02/01/19 Rented $1,200 -4.0% --
01/22/2019 01/22/19 Under Contract -- -- --
01/08/2019 01/08/19 Price Changed $1,250 -3.8% $3 / Sq Ft
12/13/2018 12/13/18 For Rent $1,300 0.0% --
05/01/2017 05/01/17 Rented $1,300 0.0% --
04/14/2017 04/14/17 Under Contract -- -- --
04/04/2017 04/04/17 Price Changed $1,300 -3.7% $3 / Sq Ft
03/01/2017 03/01/17 For Rent $1,350 0.0% --
07/01/2016 07/01/16 Rented $1,350 0.0% --
06/16/2016 06/16/16 Under Contract -- -- --
06/03/2016 06/03/16 For Rent $1,350 +3.8% --
05/06/2015 05/06/15 Rented $1,300 0.0% --
05/06/2015 05/06/15 For Rent $1,300 +4.0% --
10/04/2013 10/04/13 Rented $1,250 0.0% --
10/04/2013 10/04/13 For Rent $1,250 +8.7% --
08/03/2012 08/03/12 Rented $1,150 0.0% --
08/03/2012 08/03/12 For Rent $1,150 -- --
Source: MIAMI REALTORS® MLS

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 $2,910 $169,400 -- --
2023 $2,910 $154,000 $0 $0
2022 $2,067 $110,000 $0 $0
2021 $2,228 $115,400 $0 $0
2020 $2,128 $109,900 $0 $0
2019 $2,506 $129,300 $0 $0
2018 $2,492 $152,147 $0 $0
2017 $2,365 $110,553 $0 $0
2016 $1,978 $100,503 $0 $0
2015 $2,080 $91,367 $0 $0
2014 $1,989 $83,061 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11616657

MIAMI REALTORS® MLS

APN: 02-3234-026-0070