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$1,850,000was $1,895,000

821 Espanola Way

5 bd · 5 ba · 2,410 sq ft

Asking price cut 2.4% on August 26, from $1,895,000.

62 days on marketSingle Family Residence

Listing courtesy of Majestic Properties LLC. 305-988-2269

From the MLS

Bedrooms
5
Bathrooms
5
Living area
2,410 sq ft
Asking per square foot
$768
Year built
1938
ZIP code
33139
MLS number
A12061441

What the listing says

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.

Description supplied by Majestic Properties LLC.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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