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LoKation Real Estate
821 Espanola Way, Miami Beach, FL 33139
- $1,695,000
- 5
- BD
- 5
- BA
- 2,410
- SqFt
- List Price
- $1,695,000
- Price Change
- ▼ $155,000 1794526259
- Days on Market
- 110
- MLS#
- A12061441
- Bedrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Sq. Ft
- 2,410
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Espanola Villas 1st Addn
- Year Built
- 1938
Property Description
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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Additional Information
- Pets Allowed
- Cats OK, Dogs OK, Yes
- Construction
- CBS (Concrete Block Structure), Block
- Cooling
- Central Air, Other
- Equipment
- Other
- Flooring
- Tile
- Heating
- Other
- Restrict
- OK To Lease
- Roof
- Other
- Taxes
- $20,352
- View
- Other
- Amenities
- Other
- Stories
- 2
- Acres
- 0.09
- Price Per Sqft
- $703
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
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Listing courtesy of Majestic Properties LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Silvana Carvalho | Email: silvana@carvalhoresidences.com