717 Espanola Way · Miami Beach, FL 33139 · South Beach

Espanola Way Villas

2-story low-rise, completed 1959, 24 residences in South Beach. 2 for sale on Nov 2, 2026.

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At a glance Espanola Way Villas (717 Espanola Way, South Beach) is a 2-story, 24-unit building completed in 1959. As of Nov 2, 2026, 2 units are for sale and none for rent; the median closed price was $459 per square foot over 3 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
2
For rent
0
Median $/SF
$4593 sales · 24 mo
Sold
2last 12 months
Built
1959
Floors
2
Residences
24county
Flood zone
AEFEMA
Owner-occupied
25%
Avg. unit
447sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Espanola Way Villas.

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Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Espanola Way Villas.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Oct 1, 2026; 12 sales are on record since 2020.
Read the full record 4 paragraphs and 11 facts, every figure from the MLS and county record

Built in 1959, Espanola Way Villas is a two-story low-rise at 717 Espanola Way in South Beach. The Miami-Dade Property Appraiser lists 24 residential units, averaging 447 SF of living area.

On November 2, 2026, two units were listed for sale, asking $188K to $285K ($441 to $472/SF). Two sales closed between November 2, 2025 and November 2, 2026, from $190K to $199K, $459 and $481/SF. The year before saw one closed sale.

Three leases were signed over the same 12 months, at a median $1,800 a month (range $1,795 to $1,800).

About 25% of the residences are owner-occupied according to county records, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
717 Espanola Way, Miami Beach 33139
Neighborhood
South Beach
Year built
1959
Floors
2
Residences (county-verified)
24
Owner-occupied
25% of residences
Avg. unit size
447 sq ft
Total living area
10,722 sq ft
County condo folios
24
Recorded MLS listings
44
Also recorded as
717 Española Way

The numbers at Espanola Way Villas.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

$254$508$3772020$3702021$4432022$4462023$5082024$4412025$4702026$254$508$3772020$3702021$4432022$4462023$5082024$4412025$4702026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$470*3$1,800/mo
20251$441*3$1,700/mo
20241$508*6$1,825/mo
20233$4467$1,900/mo
20222$443*1$2,100/mo*
20212$370*5$1,300/mo
20201$377*6$1,248/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 12 sales · 31 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 3

UnitBDBASFAskedClosed$/SFClose dateDOM
20501414$217,700$199,000$481Oct 1, 202633
21001414$189,900$190,000$459Jan 27, 20267
21101397$175,000$175,000$441Sep 17, 20257

Leases signed Nov 2, 2025 to Nov 2, 2026 · 3

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
20111513$1,800/mo$1,800/mo$3.51Sep 1, 202633
20401398$1,800/mo$1,800/mo$4.52Jul 24, 202652
11001415$1,795/mo$1,795/mo$4.33Jul 1, 202654

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Espanola Way Villas.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Nearby

Around Espanola Way Villas

5 more nearby

Smaller buildings close by: Marquesa (50 m) · The Park Vintage (70 m) · 735 (90 m) · Harriet Court (150 m) · The Ibiza (160 m) · 1344 Euclid Avenue (230 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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