Atlantic Luxury Advisors
641 Espanola Way #3 photo 1641 Espanola Way #3 photo 2641 Espanola Way #3 photo 3641 Espanola Way #3 photo 4641 Espanola Way #3 photo 5

18 photos

641 Espanola Way #3

Miami Beach, FL 33139

$275,000
1
1
790 sq ft
1962
Condominium
$548/mo
46
Active

Listing courtesy of Coldwell Banker Realty (Samar Handal). Contact: [email protected].

About this home

Charming and spacious 1B/1B corner unit located in the heart of South Beach on iconic Espanola Way. This historic property offers a rare opportunity for both investors and end users. The large floor plan is bigger than most units in the area and features a central air, private balcony, abundant natural light, and a desirable corner location. Situated on the quiet end of vibrant Espanola Way, the well-maintained gated building offers secure access via call box, low HOA fees, and healthy reserves. Assigned parking may be available for $50/month, based on availability or street parking. Just a short walk to the beach, dining, shopping, and entertainment, this vacant unit is easy to show and ready for its next owner. An exceptional opportunity to own in one of Miami Beach's most sought-after neighborhoods. Don't miss this great opportunity!

What it costs to own
Estimated monthly payment
$2,475/mo
Principal and interest
$1,391
Property tax
$361
Homeowners insurance
$175
HOA
$548

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$4,326/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$548/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.