Atlantic Luxury Advisors
641 Espanola Way #24 photo 1641 Espanola Way #24 photo 2641 Espanola Way #24 photo 3641 Espanola Way #24 photo 4641 Espanola Way #24 photo 5

32 photos

641 Espanola Way #24

Miami Beach, FL 33139

$247,000
0
1
470 sq ft
1962
1 car
Condominium
$350/mo
55
Active

Listing courtesy of Alux Properties (Juan Leal). Contact: [email protected].

About this home

Investor’s dream! Fully renovated, furnished, and turnkey corner studio on the quiet, charming side of iconic Espanola Way. This sun-filled unit boasts impact doors and windows on both sides, a semi-private balcony, and premium upgrades, including a designer kitchen, updated bathroom, stainless steel appliances, modern fixtures, and custom closets. Featuring in-unit laundry, on-site parking availability, and low HOA, this property is ready to move in or rent out immediately. The building includes an elevator and additional laundry facilities. Perfectly located within walking distance to the ocean, Lincoln Road, supermarkets, a dog park, and more. A true rare find—don’t miss this exceptional opportunity!

Virtual tour
What it costs to own
Estimated monthly payment
$2,074/mo
Principal and interest
$1,249
Property tax
$317
Homeowners insurance
$158
HOA
$350

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
$3,808/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
$350/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.