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$1,895,000
5 Beds ⋅ 6 Baths ⋅ A12061441 MLS ⋅ 33139 Zip Code ⋅ Espanola Villas 1st Addn BLDG.
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, 2.5 baths, and a private backyard, two of the rooms with a full kitchenette and their own private entrance, and a large detached one-bedroom rear house with a private balcony. Currently tenant-occupied, with strong upside potential.

821 Espanola Way, Miami Beach
$2,400,000
A12023899 MLS ⋅ 33139 Zip Code ⋅ Espanola Villas 1st Addn BLDG.
PARKEDGE – Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Española Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.

1438 Meridian Ave, Miami Beach