HomeCondos for SaleEspanola Way Inc CondoUnit 3
641 Espanola Way, Unit 3
+16 more
$299K

Espanola Way Inc Condo Unit 3

641 Espanola Way, Unit 3 • Miami Beach, FL 33139

at Espanola Way Inc Condo

Beds
1
Baths
1
Living Area
790 SF
Price / SF
$378
HOA / Monthly
$548
Days on Market
182

About This Unit

SPACIOUS 1/1 IN THE HEART OF SOUTH BEACH RIGHT ON CHARMING AND HISTORIC ESPANOLA WAY. FIRST FLOOR UNIT WITH ENCLOSED BALCONY, REMODELED KITCHEN, AMPLE CLOSET SPACE, AND LOW MAINTENANCE OF $450 PER MONTH. BUILDING OFFERS COMMON LAUNDRY FACILITIES, BIKE STORAGE AND HAS ONLY 35 UNITS. WALK TO BEACH, LINCOLN ROAD, RESTAURANTS SHOPS AND VIBRANT NIGHTLIFE ALL JUST FOOTSTEPS AWAY. AMAZING OPPORTUNITY IN COVETED LOCATION. STREET PARKING & LIMITED PARKING FOR RENT IN BUILDING BASED UPON AVAILABILITY. PERFECT FOR OWNER OCCUPANT OR INVESTORS ALIKE, RENTALS ALLOWED BUT NO SHORT TERM.

Pricing at Espanola Way Inc Condo — $378/sqft
Espanola Way Inc Condo Unit 3 is listed at $378/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Espanola Way Inc Condo.
Time on Market — 182 days
Espanola Way Inc Condo Unit 3 has been on the market for 182 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $329,000. Reduced to $299,000 on Mar 10, 2026 (after 183 days on market) — -9.1% (−$30,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,624
HOA
$548
Property Tax
$353
Total / mo
$2,524
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.42%. HOA $0.69/sqft · All-in $3.2/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1962 (64 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 3
Year Built: 1962
Stories: 3
City: Miami Beach
Postal Code: 33139
HOA Fee: $548 / Monthly
View: Other View
Waterfront: No
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 182
Listed: September 8, 2025
MLS #: A11874209

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Riteway Properties III, Inc.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11874209 • Updated Mar 10, 2026 • Photos uploaded 232 days ago — check listing for current condition.