NOT LISTED FOR SALE

Estimated Value: $280,254 - $325,000

1 Bed
1 Bath
710 Sq Ft
$420/ mo HOA Fee

Last Sold January 05, 2024

Last sale price $275,000 $387 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,382/month

91 Days on Market

Highlights

  • Garden View
  • Cooking Island
  • Cooling System Mounted To A Wall/Window
  • Elevator
  • Balcony
  • Tile Flooring

About This Home

As of January 2024

1 Bedroom 1 Bath, 2nd floor condo unit on famous Espanola Way, in South Beach. The condo building is 3 stories and located on the corner of Espanola Way and Euclid Ave. Located 6 blocks west of the shores of the Miami Beach Art Deco District and only 4 blocks from Lincoln Rd, which features pedestrian-friendly shopping, dining, and entertainment. The unit has tile floors throughout, stainless steel appliances, and 2 brand new wall A/C units. This property is eligible under the Freddie Mac First Look initiative through 10/02/2023.

Last Agent to Sell the Property

Jose Fente

Tropical Realty, Inc. License #0367946 Listed on: 09/05/2023

Last Buyer's Agent

Chris Navarro

Lifestyle International Realty License #3397470

Lifestyle International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,366

Year Built

  • Built in 1962

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 710 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Home Security

Utilities

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

Additional Features

  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-026-0170

Community Details

Overview

  • Low-Rise Condominium
  • 641 Espanola Way Condo
  • 641 Espanola Way Inc Cond Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,366

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Directions: Take Alton Road to 15th St and go east on 15th St to Euclid Ave. Make a right on Euclid Ave and the condo building will be on the next corner, on your left.
  • 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: 641 ESPANOLA WAY INC COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry, Cooking Island
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 710
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: East Of Us1, Exterior Cat Walk, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 641 Espanola Way Condo
  • Parking Features: Assigned, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced, Fire Alarm

Condo/Co-op/Association

  • Association Fee: 1260
  • Amenities: Elevator(s), Other
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-026-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 2, 2024
Sold by
Federal Home Loan Mtg Corp
Bought by
Guldris Jesselky
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Chris Navarro
Lifestyle International Realty
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%
Views
90
Current Estimated Value
$305,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,064
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
May 30, 2023
Sold by
Home Point Financial Corp
Bought by
Federal Home Loan Mtg Corp

Purchase Details

Closed on
Mar 24, 2023
Sold by
Reeves Gloria Ysmelda
Bought by
Home Point Financial Corp

Purchase Details

Listed on
Nov 10, 2015
Closed on
Sep 29, 2016
Sold by
641 Espanola17 Llc
Bought by
Patrick Eric Christian
Seller's Agent
Tracy Galya
Douglas Elliman
Buyer's Agent
Carolina Praca
MMLS Assoc.-Inactive Member
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$213,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Cobb Nicholas Faso and Mertzlufft Eric Charles
Bought by
641 Espanola17 Llc

Purchase Details

Closed on
Apr 23, 2014
Sold by
Obenauf Ryan R
Bought by
Cobb Nicholas Faso and Mertzlufft Eric Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Brooks John E and Tringali Salvo G
Bought by
Obenauf Ryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.86%

Purchase Details

Closed on
Aug 1, 2001
Sold by
Nathan J Essenstam M and Nathan Holly N
Bought by
Brooks John E and Tringali Salvo G
Source: Public Records
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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
Guldris Jesselky -- Title Xperts, Llc
Guldris Jesselky -- Title Xperts, Llc
Federal Home Loan Mtg Corp -- None Listed On Document
Home Point Financial Corp -- --
Patrick Eric Christian $285,000 Attorney
641 Espanola17 Llc -- Attorney
Cobb Nicholas Faso $243,000 Attorney
Obenauf Ryan R $165,000 --
Brooks John E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patrick Eric Christian $213,750
Previous Owner Cobb Nicholas Faso $182,250
Previous Owner Obenauf Ryan R $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $275,000 -5.1% $387 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $289,900 -6.5% $408 / Sq Ft
11/02/2023 11/02/23 Price Changed $309,900 -6.1% $436 / Sq Ft
10/19/2023 10/19/23 Price Changed $329,900 -13.4% $465 / Sq Ft
09/06/2023 09/06/23 Price Changed $380,900 +15.5% $536 / Sq Ft
09/05/2023 09/05/23 For Sale $329,900 +15.8% $465 / Sq Ft
09/30/2016 09/30/16 Sold $285,000 -4.7% $401 / Sq Ft View Prior Sale
03/04/2016 03/04/16 For Sale $299,000 0.0% $421 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/12/2016 01/12/16 Pending -- -- --
01/04/2016 01/04/16 Price Changed $299,000 -6.6% $421 / Sq Ft
11/10/2015 11/10/15 For Sale $320,000 0.0% $451 / Sq Ft
03/30/2015 03/30/15 Rented $1,800 -10.0% --
03/30/2015 03/30/15 For Rent $2,000 +48.1% --
06/24/2012 06/24/12 Rented $1,350 0.0% --
06/24/2012 06/24/12 For Rent $1,350 -- --
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
2025 $4,493 $251,068 -- --
2024 $3,881 $239,112 -- --
2023 $3,881 $196,588 $0 $0
2022 $3,366 $178,717 $0 $0
2021 $3,137 $162,470 $0 $0
2020 $2,859 $147,700 $0 $0
2019 $3,368 $173,800 $0 $0
2018 $3,844 $204,449 $0 $0
2017 $4,326 $227,166 $0 $0
2016 $3,245 $167,034 $0 $0
2015 $4,036 $203,700 $0 $0
2014 $2,682 $112,035 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11447341

MIAMI REALTORS® MLS

APN: 02-3234-026-0170

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