NOT LISTED FOR SALE

717 Espanola Way Unit 201 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $251,000 - $262,000

1 Bed
1 Bath
515 Sq Ft
1959 Built

Last Sold March 04, 2022

Last sale price $206,000 $400 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,656/month

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Garden View
  • High Impact Windows
  • Patio

About This Home

As of June 2022

Charming top corner unit in the heart of SoBe & historic Espanola Way is a must see! This updated flat has excellent light & features contemporary & renovated kitchen! Beautiful wood floors throughout accent this lovely residence. The building offers charming outdoor sitting areas. Conveniently located on the quiet side of Espanola Way, you are just minutes away (on foot) to Lincoln Rd, Flamingo Park, the beach & more! Ideal location & great quality unit awaits you. Look forward to giving you the tour!

Last Agent to Rent the Property

Niurka Toledo

Urban Resource LLC License #3426783 Listed on: 05/12/2022

Co-Listed By

Lisa Martin

Urban Resource LLC License #3273398

Last Renter's Agent

Grevil Gomez

MMLS Assoc.-Inactive Member License #3268135

MMLS Assoc.-Inactive Member

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1959

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 515 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Open Floorplan
  • Garden Views
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Feinberg-Fisher K8 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

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Property Available on 5/11/22
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-086-0130

Community Details

Overview

  • No Home Owners Association
  • Espanola Way Villas Condo
  • Espanola Way Villas Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,754

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-05-11
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1959
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry, Garden Apartment
  • Co List Office Mls Id: URRL01
  • Co List Office Phone: 786-621-1122
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ESPANOLA WAY VILLAS CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 515
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Kitchen Dining

Exterior Features

  • Roof: Other
  • View: Garden
  • Construction Type: CBS Construction, Other
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ESPANOLA WAY VILLAS CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry Facility
  • Association: No

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-086-0130
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 4, 2022
Sold by
Afif Safaoui Mahfouz
Bought by
Safaoui Mahfouz Afif
Seller's Agent
Lisa Martin
Urban Resource LLC
Buyer's Agent
Niurka Toledo
Urban Resource LLC
List Price
$199,000
Sold Price
$206,000
Premium/Discount to List
$7,000
3.52%
Current Estimated Value
$255,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,953
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
May 30, 1996
Sold by
Larsen Sean C
Bought by
Romero Alfredo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1994
Sold by
Espanola Way Villas Inc
Bought by
Larsen Sean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
8.51%
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 Buyer Sale Price Title Company
Safaoui Mahfouz Afif -- President Lowman Law Pa
Safaoui Mahfouz Afif $206,000 Lowman Law Pa
Romero Alfredo R $62,000 --
Larsen Sean C $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Alfredo R $49,600
Previous Owner Larsen Sean C $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Rented $2,100 0.0% --
05/24/2022 05/24/22 Under Contract -- -- --
05/12/2022 05/12/22 For Rent $2,100 0.0% --
03/04/2022 03/04/22 Sold $206,000 +3.5% $400 / Sq Ft View Prior Sale
02/04/2022 02/04/22 For Sale $199,000 0.0% $386 / Sq Ft
03/01/2020 03/01/20 Rented $1,300 0.0% --
01/20/2020 01/20/20 Price Changed $1,300 -1.9% $3 / Sq Ft
12/05/2019 12/05/19 Price Changed $1,325 -1.9% $3 / Sq Ft
11/04/2019 11/04/19 For Rent $1,350 0.0% --
12/04/2018 12/04/18 Rented $1,350 0.0% --
11/22/2018 11/22/18 Under Contract -- -- --
10/23/2018 10/23/18 Price Changed $1,350 -3.6% $3 / Sq Ft
10/15/2018 10/15/18 Price Changed $1,400 -3.4% $3 / Sq Ft
10/01/2018 10/01/18 Price Changed $1,450 -3.3% $3 / Sq Ft
09/26/2018 09/26/18 For Rent $1,500 +7.1% --
08/04/2014 08/04/14 Rented $1,400 0.0% --
08/04/2014 08/04/14 For Rent $1,400 0.0% --
06/06/2014 06/06/14 Rented $1,400 -15.2% --
05/07/2014 05/07/14 Under Contract -- -- --
03/20/2014 03/20/14 For Rent $1,650 -- --
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 $3,754 $211,200 -- --
2024 $3,326 $193,600 -- --
2023 $3,326 $176,000 $0 $0
2022 $3,006 $160,000 $0 $0
2021 $2,956 $153,100 $0 $0
2020 $2,964 $153,100 $0 $0
2019 $4,017 $212,600 $0 $0
2018 $3,604 $202,501 $0 $0
2017 $3,214 $168,751 $0 $0
2016 $3,379 $173,970 $0 $0
2015 $3,390 $169,351 $0 $0
2014 $3,161 $153,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11203214

MIAMI REALTORS® MLS

APN: 02-3234-086-0130