A rare opportunity on coveted Española Way, in the heart of South Beach's Art Deco District, originally designed by legendary architect L. Murray Dixon. Directly across from Flamingo Park and steps to Lincoln Road, dining, and the beach. The layout offers exceptional flexibility: a main residence with 2 bedrooms, 2.5 baths, and a private backyard, two of the rooms with a full kitchenette and their own private entrance, and a large detached one-bedroom rear house with a private balcony. Currently tenant-occupied, with strong upside potential.