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Off market
  • $460,800

    724 Espanola Way APT 5, Miami Beach, FL 33139

    1beds
    752sqft
    Condo
    Built in 1935
    -- sqft lot
    $460,800 Zestimate®
    $613/sqft
    $2,295 Estimated rent

    Home value

    $460,800

    $415,000 - $511,000

    $2,295/mo

    Zestimate® history
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    $4,128/mo

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    $4,128/mo

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    What's special

    Nestled along the peaceful one-way street of Española Way sits the historic Marquesa Condo. Originally built in 1935 as a 5-room schoolhouse, Marquesa has since been carefully converted into a boutique condominium. Residence 5 is the jewel of the Marquesa and an ideal investment for a sophisticated buyer. Fully remodeled in 2015 with new flooring and plumbing installed in 2020, this unit features beaded panel wainscoting, plantation shutters, custom wine cooler and bar, washer/dryer and an oversized master closet. 1 assigned parking spot. Walkable to all the best shopping and dining of Lincoln Road and 1 block from Flamingo Park with its 17 tennis courts. For interested investors, this unit demands a rental premium. Custom, high-end furnishings are negotiable.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Washer
    Features
    • Built-Ins, Walk-In Closets, Closet Cabinetry, Cooking Island, Bar
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 752 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Has view: Yes
    • View description: None
    Details
    • Parcel number: 0232341480050

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Miami Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $911 monthly

    Other

    Other facts
    • Cooling Description: Central Cooling
    • Approval Information: 1-2 Weeks Approval
    • Equipment Appliances: Dishwasher, Disposal, Dryer, Electric Range, Washer, Microwave, Elevator
    • Bedroom Description: Master Bedroom Ground Level
    • Exterior Features: Courtyard
    • Maintenance Includes: Building Exterior, Common Area, Parking, Pest Control Interior, Reserve Fund, Security, Water, Trash Removal
    • Floor Description: Wood Floors
    • Main Living Area: Entry Level
    • Heating Description: Central Heat
    • Housing Older Persons Act: No HOPA
    • Parking Description: 1 Space
    • Interior Features: Built-Ins, Walk-In Closets, Closet Cabinetry, Cooking Island, Bar
    • Property Detached YN: 0
    • Style: Condo 1-4 Stories
    • Security Information: Complex Fenced, Card Entry
    • Construction Type: Concrete Block Construction
    • Year Built Description: Resale
    • Membership Purch Rqd YN: 0
    • Pet Restrictions: Restrictions Or Possible Restrictions
    • Restrictions: Okay To Lease 1st Year
    • Pets Allowed YN: 1
    • Tax Information: Tax Reflects City & County Tax
    • Typeof Contingencies: No Contingencies
    • Property Type: Condo/Co-Op/Villa/Townhouse
    • Unit Design: East Of Us1, Old Spanish
    • Listing Type: Exclusive Agency
    • Typeof Association: Homeowners
    • Terms Considered: All Cash, Conventional
    • Unit View: Garden View
    • Waterfront Property YN: 0
    • Section: 34
    • Master Bathroom Description: Shower Only
    • Amenities: No Amenities
    • Assoc Fee Paid Per: Monthly
    • Status: Pending

    Price history

    DateEventPrice
    1/11/2021Sold$435,000+10.1%$578/sqft
    Source: MIAMI #A10955612 Report a problem
    12/18/2020Pending sale$395,000$525/sqft
    Source: Compass Florida, LLC. #A10955612 Report a problem
    11/12/2020Price change$395,000-18.6%$525/sqft
    Source: Compass Florida, LLC. #A10955612 Report a problem
    11/12/2019Price change$485,000-2.9%$645/sqft
    Source: Compass Florida, LLC. #A10769794 Report a problem
    6/24/2019Price change$499,500-16.6%$664/sqft
    Source: Compass Florida, LLC. #A10678161 Report a problem
    5/24/2019Listed for sale$599,000+65.5%$797/sqft
    Source: Compass Florida, LLC. #A10678161 Report a problem
    8/30/2016Listing removed$2,850-10.9%$4/sqft
    Source: Engel & Volkers Miami Coral Gables #A10071018 Report a problem
    3/17/2016Listing removed$3,200$4/sqft
    Source: Engel & Volkers Miami Coral Gables #A2198476 Report a problem
    11/6/2015Listed for rent$3,200$4/sqft
    Source: Engel Voelkers #A2198476 Report a problem
    4/1/2015Sold$362,000$481/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,754 -0.2%$360,000
    2024$6,765 -0.6%$360,000
    2023$6,803 +0.6%$360,000
    2022$6,764 +4%$360,000 +6.9%
    2021$6,505 -5.2%$336,900 -5%
    2020$6,865 +0.4%$354,600 +0.8%
    2019$6,837 +9.4%$351,730 +10%
    2018$6,248 $319,755 +10%
    2017$6,248 +12.9%$290,687
    2016$5,536 +180.4%$290,687 +107.6%
    2015$1,974 -1.6%$140,031 +0.8%
    2014$2,006 -25.9%$138,920
    2013$2,708 $138,920 +5%
    2012$2,708 -1.1%$132,300
    2011$2,739 -6.2%$132,300
    2010$2,919 -24.9%$132,300 -30%
    2009$3,888 +3.5%$189,000 +1.5%
    2007$3,756 -11.6%$186,150
    2006$4,249 --
    2005$4,249 -1.9%--
    2004$4,331 --

    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $460,800
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    Estimated market value
    $460,800