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Slice RealtyPropiedad Futura

$1,850,000

5 bd · 5 ba · 2,410 sq ft · Single Family Residence

821 Espanola Way, Miami Beach FL 33139

For Sale · Active listing

Est. payment $10,247/mo · Mortgage calculator

Listed by Majestic Properties LLC / Silvana Carvalho

Contact: 786-767-0131 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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.

Facts
MLS #
A12061441
Subdivision
ESPANOLA VILLAS 1ST ADDN
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
2,410
Price per sq. ft.
$768 / sq ft
Year built
1938
Days on market
62
County
Miami-Dade County
Date listed
Jul 28, 2026
Last updated
Sep 28, 2026
Financial considerations
Taxes
$20,352 (2025)
Exterior features
Waterfront
No
View
Other
Construction
CBS Construction
Roof
Other
Additional features
Barbeque, Open Balcony, Outdoor Shower
Interior features
Heating
Other
Cooling
Central Air, Other
Appliances
Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
Window features
Impact Glass
Additional features
First Floor Entry, Second Floor Entry, Garage Apartment, Separate Guest/In-Law Quarters, Studio Apartment
Additional features
Community
Additional Amenities

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.

Loan amount$1,480,000
Total cost of mortgage$3,689,000
Monthly payment$10,247

Local context (our analysis)

1,888 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $706 per sq ft. This home asks $768 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Sep 28, 2026, 10:09 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.