Updated Studio Condo at 641 Espanola Way, Miami Beach

Recently updated 470 sqft studio condo with new kitchen, impact windows, and parking in a prime Miami Beach location near Espanola Way.
$269,000

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Florida Local Time --:--
MLS #A11777782
Listing Updated: 2026-07-04 18:29:37
Listed By: London Foster Realty

Overview

This recently updated studio condominium at 641 Espanola Way #35 offers a unique opportunity to live in the heart of Miami Beach. Featuring 470 sqft of well-designed living space, the unit includes a brand-new kitchen equipped with stainless steel appliances, new cabinets, and stone countertops. Modern updates such as impact windows and doors, large white ceramic tiles, built-in lighting, and ceiling fans enhance comfort and style. Located on the third floor with courtyard views, the building also offers on-site laundry facilities. Just a short walk from the vibrant restaurants, bars, and shops of Espanola Way and Lincoln Road, and only three blocks from the beach, this property combines convenience with a tranquil neighborhood atmosphere.

Property Highlights

470 sqft studio condo, new kitchen with stainless steel appliances, impact windows and doors, third-floor entry, courtyard views, on-site laundry, parking available for rent, close to Espanola Way and Lincoln Road, three blocks from the beach.

Property Details

City: Miami Beach
State: FL
Zip Code: 33139
Address: 641 Espanola Way # 35, Miami Beach FL 33139
Year Built: 1962
Property Type: Residential
Property Sub Type: Condominium
Listing Office Name: London Foster Realty
County: Miami-Dade County
Garage Spaces: 1
Parking Features: 1 Space
Interior Features: Third Floor Entry, Built-in Features
Exterior Features: East Of Us1, Courtyard
Waterfront: No
Pool: No
HOA Fee: $900
Annual Tax: $521
Days On Market: 431 Days
Recently updated, sizeable one-of-a-kind studio on Espanola Way. Brand new kitchen with stainless steel appliances, new cabinets and stone countertops, and new impact windows and doors. Large white ceramic tiles throughout. Built-in lights and modern ceiling fans. The building has an on-site washer and dryer. Short walk to all restaurants, bars, and shopping along the world-famous Espanola Way and Lincoln Rd. 3 blocks from the beach, a tranquil neighborhood. (parking is available for rent through the association)

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

641 Espanola Way # 35, Miami Beach FL 33139

About This Neighborhood

Situated on Espanola Way in Miami Beach, this property benefits from a vibrant and historic neighborhood known for its Mediterranean Revival architecture and lively street scene. Residents enjoy easy access to a variety of restaurants, cafes, and boutique shops. The area is well-regarded for its walkability and proximity to Lincoln Road, a premier shopping and dining destination. Additionally, the neighborhood is just a few blocks from the Atlantic Ocean, providing both a peaceful residential feel and quick access to beach activities.

Walkability & Lifestyle

This studio condo’s location on Espanola Way puts daily conveniences within easy reach. Residents can enjoy a pedestrian-friendly environment with numerous restaurants, cafes, and shops just steps away. Lincoln Road’s shopping district is also nearby, offering a broad selection of retail and entertainment options. The close proximity to the beach enhances the lifestyle appeal, allowing for outdoor activities and waterfront relaxation within walking distance.

Things To Do Nearby

Living near Espanola Way and Lincoln Road offers a rich variety of activities including dining at diverse restaurants, enjoying nightlife, and shopping at boutique stores. The nearby beach provides opportunities for swimming, sunbathing, and water sports. Cultural attractions, art galleries, and frequent local events contribute to a vibrant community atmosphere. For outdoor enthusiasts, parks and marinas are also accessible, supporting an active and engaging lifestyle.

Nearby Schools

Miami Beach offers access to a variety of educational institutions within reasonable commuting distance. Families and individuals considering this location benefit from the city's public and private school options. The neighborhood’s urban setting also provides convenient transportation routes to schools in the greater Miami area, supporting accessibility for students of all ages.

Why Buyers Like This Area

Buyers appreciate this area for its blend of historic charm and modern conveniences. The proximity to Espanola Way and Lincoln Road ensures access to popular dining, shopping, and entertainment options. The neighborhood’s walkability and beach access appeal to those seeking a balanced urban and coastal lifestyle. The updated features of this studio condo add to its desirability, making it a practical choice for individuals or couples looking for a turnkey property in a sought-after location.

Investment Potential

This studio condo in Miami Beach offers a desirable location near popular dining and shopping areas, attracting a range of potential tenants or buyers. Its recent updates and proximity to the beach enhance its appeal. The property’s size and features make it suitable for singles or couples seeking a convenient urban lifestyle. While rental demand in Miami Beach remains steady, this unit’s location near Espanola Way and Lincoln Road supports consistent interest from renters looking for access to entertainment and beach amenities.

Rental Income Potential

The location near Espanola Way and the beach supports strong rental appeal, particularly for short-term or seasonal tenants. The studio’s modern updates and amenities enhance its attractiveness for renters seeking a comfortable and stylish base in Miami Beach. Although rental income can vary with market conditions, the unit’s proximity to popular entertainment and dining venues helps maintain tenant interest. Investors may find this property suitable for those targeting urban renters or vacationers.
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