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Active - House for sale
821 Espanola Way, Miami Beach FL 33139
Facts & features
Why you’ll love it
Rare value-add opportunity on coveted Española Way! This 5-bedroom, 4.5-bath property sits directly across from Flamingo Park, just steps from Lincoln Road and the beach. Currently operating as four separate living spaces, the property includes a main residence with a private backyard, two studio-style spaces generating rental income, and a detached 1-bedroom guest house with a private balcony. Offering a rare opportunity to restore its original single-family character while retaining a separate guest house, or capitalize on its existing income-producing layout. Nestled on a quiet cul-de-sac with minimal traffic and ample street parking. A compelling opportunity to create lasting value in one of South Beach’s most desirable locations.
Listings courtesy of Majestic Properties LLC.
Listed by: Silvana Carvalho • 786-767-0131 • Majestic Properties LLC
Co-listed by: Majestic Properties LLC
Source: Miami MLS, MLS#: A12061441
Based on info available as of Nov 13, 2026 at 7:00 PM EST.
Come see by yourself
Affordability
$10,267/mo
- Mortgage$8,571
- Property tax$1,696
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$33,900 Credit back
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Travel times
About Espanola Villas 1St Addn
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 07:00pm EST.
Make a winning offer, and get up to
$33,900 Credit back
