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1881 Washington Avenue 5HMiami Beach, FL 33139

For Sale

$879,500

Smart Buyer Rebate $8,795

Great second home located in front of the miami beach convention center just two blocks to billionaires beach which sits at the heart of south beach and walking distance to lincoln road which is undergoing a beautification project see articles and links below the unit is licensed for short term rental proforma gross revenue is estimated at 122k to 144k per annum provided by two professional management firms which translates to a 10 cap rate perfect for those looking to get away and clear their heads and experience a change in venue while maximizing their income the unit features hurricane glass windows gourmet kitchen large master bedroom with a walking closet modern spa style bathrooms and may be purchased furnished the building s leadership is proactive and well managed as such planned and budgeted its future projects and took the initiative to obtain a loan and have fully funded reserves in addition the building has set up the budget for the sirs requirement and funding ongoing building projects near completion elevator replacement and fire system most notable completed projects pool upgrade electronic tele entry access cameras structural review and repairs some future projects include hallway flooring and lobby upgrade

Listed by Michelle Beatty

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Luxe Properties

Last updated May 31, 2026

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Source: BeachesMLS #A11944737

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Beach City Center
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu154
  • HOA/Maint. Fees$1,600/month
  • Taxes$7,858/year
  • Size1,230 sqft
  • Price per sqft$715

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Elevator
  • Swimming Pool

Location

Mortgage Calculator

Listing History

01/14/2026
Listed by Luxe Properties
$879,500

Property Details for 1881 Washington Avenue 5H

Association

Amenities

  • Association Amenities: Fitness Center, Other, Pool, Sauna, Trash, Elevators
  • Pets Allowed: PetRestrictions,Yes

Fees

  • Association Fee: $1,600.00 Monthly
  • Association Fee Includes: Common Areas, Maintenance Grounds, Pools

Exterior

Construction

  • Property Condition: Resale, Updated Remodeled
  • Stories Total: 16
  • Year Built: 1966
  • Construction Materials: Block
  • Entry Level: 15
  • Exterior Features: Other

Features

  • Pool Features: Association
  • View: City, Other

Measurements

  • Building Area Total: 1,230

Financial

Taxes

  • Parcel Number: 0232340941020
  • Tax Annual Amount: $7,858.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Closet Cabinetry, Main Level Primary, Split Bedrooms, Walk In Closets

Measurements

  • Living Area: 1,230

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: OCTAGON TOWERS I CONDO

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 1

Schools

Elementary School

  • Elementary School: Miami Beach Fienberg / Fisher K-8

High School

  • High School: Miami Beach

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2 bathrooms in this condo at 1881 Washington Avenue 5H.

What schools are nearby to 1881 Washington Avenue 5H?

Nearby schools include the Miami Beach Fienberg / Fisher K-8 Elementary School and Miami Beach High School.

Does this condo have parking?

Yes, there is 1 parking space available for 1881 Washington Avenue 5H.

Are pets allowed at 1881 Washington Avenue?

Yes, 1881 Washington Avenue allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 1881 Washington Avenue 5H?

Annual taxes for this condo are estimated at $7,858.

How does 1881 Washington Avenue 5H compare to other condos in Miami Beach City Center?

This condo is listed 60% below the average price for condos in Miami Beach City Center and has been on the market for 7 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the OCTAGON TOWERS I CONDO building.

What is the square footage on this condo?

According to the MLS, this listing is 1,230 sqft.

1881 Washington Avenue 5H is a 3-bedroom, 2-bath condo for sale in Miami Beach FL 33139. On Prevu for 154 days at $879,500. This home features 1,230 square feet of living space, located in Miami Beach City Center. The median listing price for condos in this area is $975,000. Nearby schools include Miami Beach Fienberg / Fisher K-8 Elementary School and Miami Beach High School. Additional amenities include dishwasher, pets allowed, elevator, swimming pool, and washer/dryer. View other condo listings in Miami Beach.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.