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:
$425,000
MLS #:
A11914497
Status:
Active
Beds:
2
Baths:
2
Address:
1881 Washington Ave # 4A
Type:
Condo
Subtype:
Condominium
Subdivision:
OCTAGON TOWERS I CONDO
Neighborhood:
octagontowersicondo
City:
Miami Beach
Listed Date:
Nov 14, 2025
State:
FL
Finished Sq Ft:
940
Total Sq Ft:
940
ZIP:
33139
Year Built:
1966
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
C B S Construction
Exterior Features
East Of Us1, Other
Parking Features
1 Space
Security Features
Secured Garage/ Parking, Lobby Secured
Financial
HOA Fee
$1,163
HOA Frequency
Monthly
Tax Year
2024
Taxes
$3,666
Map
Contact Us
Mortgage Calculator
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1881 Washington Ave # 4A
Miami Beach, FL
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