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516 Espanola Way, Miami Beach, FL 33139 Property Information

516 Espanola Way, Miami Beach, FL 33139 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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516 Espanola Way, Miami Beach, FL 33139
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Address

Primary address 516 Espanola Way, Miami Beach
Zip code 33139
County Miami-Dade
Municipality Miami Beach
Neighborhood Ocean Beach
Parcel ID 0232340150070

Sales & Tax Overview for 516 Espanola Way, Miami Beach

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Sale date 01/25/1996
Sale price $1,200,000
Arm's length
Property tax $125,756

Lot & Building Information for 516 Espanola Way, Miami Beach

Building sqft 15,606
Total sqft 16,994
Building class Hotel or Motel: Hotel (3921)
Acreage 0.197
Buildings on lot 2
Year built 1925
Stories 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 516 Espanola Way, Miami Beach

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About 516 Espanola Way, Miami Beach

How many sq. ft. does 516 Espanola Way, Miami Beach, FL 33139 have & what is the price per sq. ft?

This Hotel or Motel: Hotel (3921) located at 516 Espanola Way, Miami Beach, FL 33139 has a total of 15,606 square feet and a current price per square foot of $76.

What is the year built & the current market value of 516 Espanola Way, Miami Beach, FL 33139?

516 Espanola Way, Miami Beach, FL 33139 was built in 1925 and has a current tax assessor's market value of $10,300,000.

How many commercial spaces does this building have?

This building has 43 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 516 Espanola Way, Miami Beach

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Purchase date Purchase price Buyer name Seller name
01/25/1996 $1,200,000

Title Documents for 516 Espanola Way, Miami Beach

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
02/22/2021 - D
02/23/2021 - R
Notice of Commencement
03/21/2000 - D
03/15/2000 - R
Notice of Commencement
07/08/1996 - R Notice of Commencement
01/25/1996 - R Warranty Deed
                 
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R: Recorded date
D: Document date

Property Taxes for 516 Espanola Way, Miami Beach

Access detailed property tax data for 516 Espanola Way, Miami Beach, FL 33139. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $125,756
Market value $10,300,000
Assessed value $4,736,175

Assessment History for 516 Espanola Way, Miami Beach

Here's the assessment & property tax history for 516 Espanola Way, Miami Beach, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $10,300,000 $4,736,175 18.7601 $125,756 +0.52%
2024 $11,000,000 $4,305,614 18.7913 $125,104 +69.14%
2023 $3,914,195 $3,914,195 18.8967 $73,965 +0.89%
2022 $3,901,827 $3,901,827 18.7893 $73,313 +0.01%
2021 $3,796,505 $3,796,505 19.3081 $73,303 -0.27%

Miami Beach residential market stats

Median Sale Price
$513,500
-4% YoY
Median Price/Sqft
$566
-3.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade County.

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Demographics by Zip Code

Total population 33,753
Median age 43.6
Average household income $148,138
Family households 34.4%
Occupied housing units 19,822
Owner occupied units 37.2%
Average number of people per household 1.68
Median year structure built 1970
Median value for units with a mortgage $495,300
Median value for units without a mortgage $467,200

Risk

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FEMA flood zone(s) AE (See more on map)

Transportation

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Neighbors for 516 Espanola Way, Miami Beach

Here are the neighbors for 516 Espanola Way, Miami Beach.

Address Square feet Purchase date Purchase price
1438 Meridian Ave, Miami Beach 4,644 06/05/2023 $2,100,000
537 Espanola Way, Miami Beach 1,891 04/13/2021 $900,000
1440 Euclid Ave, Miami Beach 4,944 04/12/2021 $1,680,000
1446 Jefferson Ave, Miami Beach 1,442 01/31/2003 $505,000
811 Espanola Way, Miami Beach 2,709 03/01/2019 $1,000,000
837 Espanola Way, Miami Beach 2,211 08/08/2025 $1,625,000
1438 Jefferson Ave, Miami Beach 1,404 02/26/2019 $10
729 Espanola Way, Miami Beach 2,551 09/19/2011 $1,070,000
821 Espanola Way, Miami Beach 1,923 09/16/2013 $10
1445 Pennsylvania Ave, Miami Beach 6,673 09/02/2021 $4,100,000
1444 Drexel Ave, Miami Beach 16,655 06/02/2005 $3,775,000
843 Espanola Way, Miami Beach 2,364 07/30/2021 $1,005,000
1442 Jefferson Ave, Miami Beach 1,442 07/29/2011 $10
525 Espanola Way, Miami Beach 4,960 04/26/2007 $10
405 Espanola Way, Miami Beach 20,040 07/03/1989
1434 Jefferson Ave, Miami Beach 2,217 06/30/2022 $2,290,000
1446 Meridian Ave, Miami Beach 3,976 01/22/1999 $29,500
1440 Pennsylvania Ave, Miami Beach 4,903 02/06/2001 $450,000
829 Espanola Way, Miami Beach 2,170 01/21/2025 $1,825,000
1434 Washington Ave, Miami Beach 19,032 01/31/2022 $7,000,000

Nearby ZIP Codes for 516 Espanola Way, Miami Beach

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