NOT LISTED FOR SALE

717 Espanola Way Unit 207 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $255,000 - $311,000

1 Bed
1 Bath
645 Sq Ft
$523/mo HOA Fee

Last Sold July 06, 2023

Last sale price $262,500 $407 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,327/month

4 Days on Market

Highlights

  • Garden View
  • Balcony
  • Closet Cabinetry
  • End Unit
  • Built-In Features
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2023

Beautiful top floor front corner unit with windows all around! Bright and sunny with open floor plan, tile floors throughout, spacious dining area, open kitchen with dishwasher, microwave, and gas range, nice bedroom with sunny window nook and back landing access, bathroom with combined shower/tub and a window, and 4 closets. Amazing natural light with windows in every room. Adorable well cared for and gated building with cute sitting and patio areas. In the perfect South Beach location: palm tree-lined quiet street two blocks to Flamingo Park, 2 blocks to Lincoln Road, 5 blocks the ocean and near great shops and restaurants. Great long-term tenant would be willing to stay or will leave with 60 day notice. Perfect home or investment- you will love it!

Last Agent to Sell the Property

Danell Van Orden

The Keyes Company License #0690489 Listed on: 05/14/2023

The Keyes Company

Last Buyer's Agent

Salvador Caballero

Beachfront Realty Inc License #3008616

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1959

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $523 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 645 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Blinds
  • Family or Dining Combination
  • Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-086-0190

Community Details

Overview

  • Espanola Way Villas Condos
  • Espanola Way Villas Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,157

Year Built

Built in 1959

Lot Details

0

HOA Fees

$523 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ESPANOLA WAY VILLAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 645
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Espanola Way Villas
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 523
  • Amenities: Barbecue, Laundry, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-086-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 523

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jul 3, 2023
Sold by
Locke Michael J
Bought by
Serenissima Corp
Seller's Agent
Danell Van Orden
The Keyes Company
Buyer's Agent
Salvador Caballero
Beachfront Realty Inc
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%
Views
8
Current Estimated Value
$277,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,397
Avg. Annual Appreciation
2.49%
Original Mortgage
$150,000
Outstanding Balance
$146,422
Interest Rate
6.79%
Mortgage Type
Balloon
Estimated Equity
$131,475

Purchase Details

Closed on
May 6, 1994
Sold by
Espanola Way Villas Inc
Bought by
Locke Michael J

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
7.81%
Source: Public Records

Range of Values:

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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
Serenissima Corp $262,500 None Listed On Document
Serenissima Corp $262,500 None Listed On Document
Locke Michael J $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serenissima Corp $150,000
Closed Serenissima Corp $150,000
Previous Owner Locke Michael J $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $262,500 -4.5% $407 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $275,000 -- $426 / 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 $4,167 $221,760 -- --
2024 $3,492 $221,760 -- --
2023 $3,492 $184,800 $0 $0
2022 $3,157 $168,000 $0 $0
2021 $3,406 $176,400 $0 $0
2020 $3,415 $176,400 $0 $0
2019 $4,629 $245,000 $0 $0
2018 $4,153 $233,359 $0 $0
2017 $3,703 $194,466 $0 $0
2016 $3,894 $200,480 $0 $0
2015 $3,907 $195,148 $0 $0
2014 $3,643 $177,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11387128

MIAMI REALTORS® MLS

APN: 02-3234-086-0190