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Condominium
$275,000$500 / sqft
750 Espanola Way # 8, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
550 sqft
Interior
1937
Year built
$628 / mo
HOA
Condominium
Type
About this home
From the moment you step inside you are greeted with chic, yet cozy zen vibes in this elevated Art Deco studio at the corner of Española Way and Meridian Ave in South Beach. Whitewashed wood floors, a decorative fireplace, graceful arched openings and special touches throughout give the space a storybook quality all its own. Perched on the second floor, the unit is bathed in natural light with beautiful views overlooking palm trees. Thoughtfully designed bed nook makes great use of the space. Updated kitchen with gas stove, washer & dryer, marble bathroom, ample closets with built-ins and a private storage unit. A true beach retreat! Great location across from Flamingo park, a few blocks to Lincoln Road, restaurant, shops and the beach.
Features
- Second Floor Entry
- Closet Cabinetry
- None
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,850–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.