$220,000
SOLD NOV 8, 2024

641 Espanola Way Unit 8 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
470 Sq Ft
$300/mo HOA Fee

Recently Sold

$468 Per Sq Ft

8% Below List Price

54 Days on Market

Highlights

  • Intercom to Front Desk
  • Garden View
  • Porch
  • Main Floor Bedroom
  • Bike Room
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2024

Large studio on Espanola Way. Gated entrance to this historical MIMO-Art Deco and tropically landscaped building. Large walk-in closet and linen closet. The unit has a dedicated balcony on the 1st floor facing Espanola Way. The elevator in the building is in the process of being replaced, and the building has an on-site washer and dryer. Parking is available through the association. The building has passed its 40-year certification, and the association has a reserves account.

Last Agent to Sell the Property

Felipe Cunha

London Foster Realty License #3235521

London Foster Realty

Last Buyer's Agent

Jorge Martinez

Coldwell Banker Realty License #3261131

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $163

Year Built

  • Built in 1962

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 470 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Awning
  • Ceramic Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom Access
  • Video Cameras

Outdoor Features

  • Courtyard
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-026-0080

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$163

Year Built

Built in 1962

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • 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: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 470
  • Other Equipment: Elevator, Intercom
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Awning(s), Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 641 Espanola
  • Parking Features: Space Rented

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Elevator Secure, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 300
  • Amenities: Bike Storage, Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-026-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Nov 8, 2024
Sold by
Oramas Angel and Oramas Jorge Luis
Bought by
Pierside Property Llc
Seller's Agent
Felipe Cunha
London Foster Realty
Buyer's Agent
Jorge Martinez
Coldwell Banker Realty
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Total Days on Market
54
Views
39
Current Estimated Value
$220,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861
Avg. Annual Appreciation
-1.76%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Oramas Angel
Bought by
Oramas Angel and Oramas Jorge Luis Ley

Purchase Details

Closed on
Dec 6, 1995
Sold by
White Shirley M and Korenek Dolores
Bought by
Oramas Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,766
Interest Rate
7.4%
Mortgage Type
New Conventional

Map

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 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $36,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,352 Unknown
Previous Owner $23,472 New Conventional
Previous Owner $24,766 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $220,000 -2.2% $468 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $225,000 -6.3% $479 / Sq Ft
09/07/2024 09/07/24 For Sale $240,000 -- $511 / Sq Ft
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 $163 $48,297 -- --
2023 $163 $46,891 $0 $0
2022 $151 $45,526 $0 $0
2021 $150 $44,200 $0 $0
2020 $146 $43,590 $0 $0
2019 $140 $42,610 $0 $0
2018 $316 $41,816 $0 $0
2017 $304 $40,956 $0 $0
2016 $294 $40,114 $0 $0
2015 $294 $39,836 $0 $0
2014 $295 $39,520 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11659631

MIAMI REALTORS® MLS

APN: 02-3234-026-0080