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1881 Washington Ave #4A
Miami-dade, Octagon Towers I Condo, Miami Beach, FL
FOR SALE
Asking
$410,000
BTC
5.740
ETH
188.46
Beds
2
Baths
2
Home Size
940 sq. ft.
Year Built
1966
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
LOADING
Location
Market Area
Miami-Dade
Neighborhood
OCTAGON TOWERS I CONDO
Agent
Andrew Grace
+1 310 910 1722
Contact Email
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