1881 Washington Avenue 5H, Miami Beach, FL 33139 (MLS# A11944737)

1881 Washington Avenue 5H, Miami Beach, FL 33139

$879,500
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,230 Status: Active
Current Price: $879,500 List Date: 1/19/2026 Last Modified: 10/30/2026

Overview

Description

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 ...

Listing Details MLS# A11944737

General Property Information

Unit Floor #
15
Property Sub Type
Condominium
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1230
Living Area Main
1230
Adjusted Area Main
1230
Year Built
1966
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Stories Total
16

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Pool Service Exterior Features: Other Flooring: Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale; Updated/Remodeled Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Closet Cabinetry; French Doors; Walk-In Closet(s) Laundry Features: Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Road Frontage Type: East of US-1 Security Features: Entry - Phone/Intercom; Fire Alarm; Fire Sprinkler System; Lobby - Attended; Security System; Smoke Detector(s); Other Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: High Rise View: Other; Skyline Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
879000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1881
Street Name
Washington
Street Suffix
Avenue
Unit Number
5H
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
7445
Postal Zip
33139
Subdivision Name
OCTAGON TOWERS I CONDO
Area
2320
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Special Assessment YN
Yes
Parcel Number
0232340941020
Subdivision Number
94

Financial Information

Association YN
Yes
Association Fee
1600
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
1600
Membership Fee Required YN
No
Tax Annual Amount
7858
Tax Year
2025
Tax Legal Description
OCTAGON TOWERS I CONDO UNIT 5H UNDIV 0.0117034 % INT IN COMMON ELEMENTS OFF REC 16618-3417 OR 21165-0315 0303 1

Status Change Information

Major Change Timestamp
2026-01-19T03:29:49Z
Major Change Type
Back on Market
Price Change Timestamp
2026-01-14T17:44:30Z
Status Change Date
2026-01-18

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
12

Section Details

Parcel Number MLX
1020

Originating Details

Originating System Key
425309242
Originating System ID
M00000151
IDX
Listing Office: Luxe Properties
Source MLS Verified
Last Updated: October - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.