821 Espanola Way, Miami Beach FL 33139

MLS #A12061441

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Active Add
$1,695,000 ▼ $200,000
5
Bedrooms
5.1
Bathrooms
2,410 sq ft
Living Area
3,900 sq ft
Lot Size

Property Details

Type Residential
Style Single Family Residence
Bedrooms 5
Bathrooms 5.5
Half Baths 1
Living Area 2,410 sq ft
Pets Allowed Yes
Taxes $20,352
Maintenance Fee $0
Price $1,695,000
Status Active
Lot Size 3,900 sq ft
Year Built 1938
Waterfront No
Pool No
Subdivision ESPANOLA VILLAS 1ST ADDN
Days on Market 109

Additional Information

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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Tuesday
17
Nov
Wednesday
18
Nov
Thursday
19
Nov
Michael Light

Michael Light

Broker Associate
786-566-1700 Email Agent
The Light Group Douglas Elliman

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Walk Score

This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by Majestic Properties LLC

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