Beautiful and bright 2BD/2BA South Beach condo in a prime location just steps from the Miami Beach Convention Center, top dining, Lincoln Road, Sunset Harbour, and the beach. This 940 SF residence features a desirable split floor plan with ensuite bathrooms, in-unit washer/dryer, and a spacious kitchen with granite eat-in island.
The building offers full-service amenities including 24-hour doorman and valet, pool, sauna, gym, and is pet-friendly. One assigned parking space included, with guest parking available through valet. Flexible rental policy with a current 30-day minimum, offering strong end-user and investment appeal. The building is actively working with the city toward approval for daily rentals, creating future short-term rental potential.
The building is financially sound with its 50-year recertification completed. A $200/month improvement assessment is in place (approximately 10 years remaining), funding major capital upgrades including installation of a generator, sprinkler and life-safety systems, new elevators, roof improvements, and related infrastructure required for state compliance. Once approvals are finalized, the building is expected to qualify for daily short-term rentals, subject to city and state requirements and proper licensing.
Exceptional walkability, future short-term rental upside, and an unbeatable South Beach location next to the Convention Center make this an outstanding opportunity
The building offers full-service amenities including 24-hour doorman and valet, pool, sauna, gym, and is pet-friendly. One assigned parking space included, with guest parking available through valet. Flexible rental policy with a current 30-day minimum, offering strong end-user and investment appeal. The building is actively working with the city toward approval for daily rentals, creating future short-term rental potential.
The building is financially sound with its 50-year recertification completed. A $200/month improvement assessment is in place (approximately 10 years remaining), funding major capital upgrades including installation of a generator, sprinkler and life-safety systems, new elevators, roof improvements, and related infrastructure required for state compliance. Once approvals are finalized, the building is expected to qualify for daily short-term rentals, subject to city and state requirements and proper licensing.
Exceptional walkability, future short-term rental upside, and an unbeatable South Beach location next to the Convention Center make this an outstanding opportunity
Property Details
Price:
$420,000
MLS #:
A11914497
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
OCTAGON TOWERS I CONDO
Neighborhood:
octagontowersicondo
Listed Date:
Nov 14, 2025
Finished Sq Ft:
940
Total Sq Ft:
940
Year Built:
1966
See this Listing
Schools
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other
Heating
Central
Exterior
Architectural Style
High Rise
Association Amenities
Elevator(s), Pool, Sauna
Construction Materials
CBS Construction
Exterior Features
East Of Us1, Other
Parking Features
1 Space
Security Features
Secured Garage/Parking, Lobby Secured
Financial
HOA Fee
$1,365
HOA Frequency
Monthly
Tax Year
2024
Taxes
$3,666
Map
Community
- Address1881 Washington Ave # 4A Miami Beach FL
- SubdivisionOCTAGON TOWERS I CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Condo in Miami Beach as of Mar 14, 2026
2,129
Condo Listed
177
Avg DOM
1,045
Avg $ / SqFt
$1,705,072
Avg List Price
Property Summary
- Located in the OCTAGON TOWERS I CONDO subdivision, 1881 Washington Ave # 4A Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $420,000 and features 2 beds, 2 baths, and has approximately 940 square feet of living space, and was originally constructed in 1966. The current price per square foot is $447. The average price per square foot for Condo listings in Miami Beach is $1,045. The average listing price for Condo in Miami Beach is $1,705,072.
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