Basic Information

  • Type Condominiums
  • Subdivision/Complex Octagon Towers I Condo
  • Year Built 1966
  • Total Sqft 940
  • Date Listed 11/14/2025
  • Days on Market 79
Description

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

Miami Beach, FL 33139

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