1881 Washington Ave #5H
Resumen
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 and funding. Ongoing building projects near completion elevator replacement and fire system. Most notable completed projects pool upgrade, electronic tele-entry access, cameras, structural review and repairs. Some future projects include hallway flooring and lobby upgrade.
Detalles de la Propiedad
- MLS#A11944737
- Tipo de PropiedadCondominium
- Año de Construcción1966
- Interior1,230 sq ft
- Precio por sq ft$715
- Publicada2026-01-14
- Días en el Mercado139
- EdificioOctagon Tower I Condo
- SubdivisiónOCTAGON TOWERS I CONDO
- CondadoMiami-Dade County
- Garaje1 espacios
- Impuestos Anuales$7,858 (2025)
- Asociación$1,600/Monthly
- Precio Original$879,000
Características y Amenidades
- Características InterioresCloset Cabinetry, Fire Sprinklers, French Doors, Split Bedroom, Walk-In Closet(s)
- Características ExterioresEast Of Us1, Other
- ElectrodomésticosDishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- PisosTile
- Aire AcondicionadoCentral Air
- CalefacciónCentral
- ConstrucciónConcrete Block Construction
- SeguridadFire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Phone Entry, Lobby Secured, Other
- Estacionamiento1 Space
- LavanderíaWasher/Dryer Hook-Up
- VistaOther View, Skyline
- Estilo ArquitectónicoHigh Rise
Escuelas
- SecundariaNautilus
- PreparatoriaMiami Beach
Calculadora de Pagos
Mapa y Vecindario
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