Basic Information
- MLS # A11914497
- Type Condominiums
- Subdivision/Complex Octagon Towers I Condo
- Year Built 1966
- Total Sqft 940
- Date Listed 11/14/2025
- Days on Market 79
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
Amenities
- Pool
- Sauna
- Elevators
Exterior Features
- Waterfront No
- Parking Spaces 1
- Pool Yes
- Parking Description Attached, Garage, One Space
- Exterior Features Other
Interior Features
- Adjusted Sqft 940Sq.Ft
- Interior Features Bedroom On Main Level, Split Bedrooms, Elevator
- Sqft 940 Sq.Ft
Property Features
- Aprox. Lot Size 940
- Furnished Info No
- Short Sale Regular Sale
- HOA Fees $1,233
- Subdivision Complex Octagon Towers I Condo
- Subdivision Info Octagon Towers I Condo
- Tax Amount $3,666
- Tax Year 2024
1881 Washington Ave #4A
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Premier Elite Realty Inc.. tel: 305-279-8814
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