$1,850,000
821 Espanola Way
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,850,000
- Price per sq ft
- $768
- Original price
- $1,895,000
- Days on market
- 62
This 5-bedroom multi-family property in ZIP 33139 is listed at $1,850,000, or $768 per square foot. The asking price has come down 2.4% from its original $1,895,000. It has been on the market for 62 days.
Estimated monthly payment
$9,723 /mo
Principal and interest only, based on $370,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,850,000
- Days on Site
- 62 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 2,410 sqft
- Total Sq Ft
- 2,410 sqft
- Lot Size
- 0.09 Acres
- Year Built
- 1938
- Property Type
- Multi-Family
- MLS #
- A12061441
- Property Tax
- $20,352 (2025)
- Subdivision
- ESPANOLA VILLAS 1ST ADDN
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
A rare opportunity on coveted Española Way, in the heart of South Beach's Art Deco District, originally designed by legendary architect L. Murray Dixon. Directly across from Flamingo Park and steps to Lincoln Road, dining, and the beach. The layout offers exceptional flexibility: a main residence with 2 bedrooms, 1.5 baths, and a private backyard; two rooms with full kitchenettes and their own private entrances; and a large detached one-bedroom rear house with a private balcony. Currently tenant-occupied, with strong upside potential. Enjoy very little traffic and plenty of parking on this quiet cul-de-sac.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1938
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Direction Faces
- South
- Lot Size (Acres)
- 0.09
- Living Sq Ft
- 2,410
- Total Sq Ft
- 2,410
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Other
- Zoning
- 2800
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Other
- Heating
- Other
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Breakfast Area / Eat In Kitchen / Living Dining Room / Main Level Primary
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Barbecue / Outdoor Living Area / Outdoor Shower
- Patio & Porch
- Deck / Open / Balcony
- View
- Other
Community & HOA
- Association Amenities
- Other
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Ok To Lease
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
- Homes for Sale
- 2
- Median List Price
- $2,125,000
- Median $/Sq Ft
- $642
- Avg Days on Market
- 31
Frequently Asked Questions
- How do I schedule a tour of 821 Espanola Way, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 821 Espanola Way, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 821 Espanola Way, Miami Beach, FL 33139 still available?
- 821 Espanola Way, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 62 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 821 Espanola Way, Miami Beach, FL 33139?
- With 20% down ($370,000) on the $1,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 821 Espanola Way, Miami Beach, FL 33139 is about $9,723/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 821 Espanola Way, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 821 Espanola Way, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 821 Espanola Way, Miami Beach, FL 33139?
- 821 Espanola Way, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 821 Espanola Way, Miami Beach, FL 33139?
- Often, yes. The right offer on 821 Espanola Way, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Majestic Properties LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.
$1,850,000
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Listed by Silvana Carvalho, Majestic Properties LLC
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $875 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$1,135,000
Sold · September 30, 2026
400 S Pointe Drive 1905
2 bed · 2 bath · 1,042 sqft · $1,089/sqft
$115,000 under the asking price
Sold$1,140,000
Sold · September 29, 2026
11 Island Avenue 411
2 bed · 2.5 bath · 1,733 sqft · $658/sqft
$55,000 under the asking price
Sold$600,000
Sold · September 29, 2026
110 Washington Avenue 2310
1 bed · 1 bath · 686 sqft · $875/sqft
$29,900 under the asking price
Sold$2,800,000
Sold · September 29, 2026
455 W Dilido Drive
3 bed · 3 bath · 1,693 sqft · $1,654/sqft
$199,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
