821 Espanola Way, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: silvana carvalho
Office: majestic properties llc.305-988-2269
MLS#:A12061441
Source:SEFMLS
Price summary
- Price:$1,695,000
- Price per sq. ft.:$703.32
About this home
Rare value-add opportunity on coveted Española Way! This 5-bedroom, 4.5-bath property sits directly across from Flamingo Park, just steps from Lincoln Road and the beach. Currently operating as four separate living spaces, the property includes a main residence with a private backyard, two studio-style spaces generating rental income, and a detached 1-bedroom guest house with a private balcony. Offering a rare opportunity to restore its original single-family character while retaining a separate guest house, or capitalize on its existing income-producing layout. Nestled on a quiet cul-de-sac with minimal traffic and ample street parking. A compelling opportunity to create lasting value in one of South Beach’s most desirable locations.
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Home facts
- Year built:1938
- Subdivision & Development:ESPANOLA VILLAS 1ST ADDN
- Listing ID #:A12061441
- Updated:November 13, 2026 at 03:10 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Tile
- Dining Description:Breakfast Area, Living/Dining Room
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:2,410 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1938
- Building area:2,410 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Flood Zone
- Architectural Style:Detached, Duplex, Two Story
- Construction Materials:Block
- Exterior Features:Balcony, Deck, Open, Outdoor Shower, Security High Impact Doors
- Levels:2 Story
Schools
- High school:Miami Beach
- Middle school:Nautilus
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,695,000
- Price per sq. ft.:$703.32
- Tax amount:$20,352 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Balcony, Barbecue, Impact Glass Windows
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