


1881 Washington Ave #5H
Visão Geral
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.
Detalhes do Imóvel
- MLS#A11944737
- Tipo de ImóvelCondominium
- Ano de Construção1966
- Interior1,230 sq ft
- Preço por sq ft$715
- Publicado2026-01-14
- Dias no Mercado139
- EdifícioOctagon Tower I Condo
- SubdivisãoOCTAGON TOWERS I CONDO
- CondadoMiami-Dade County
- Garagem1 vagas
- Impostos Anuais$7,858 (2025)
- Condomínio$1,600/Monthly
- Preço Original$879,000
Características e Comodidades
- Características InternasCloset Cabinetry, Fire Sprinklers, French Doors, Split Bedroom, Walk-In Closet(s)
- Características ExternasEast Of Us1, Other
- EletrodomésticosDishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- PisosTile
- Ar CondicionadoCentral Air
- AquecimentoCentral
- ConstruçãoConcrete Block Construction
- SegurançaFire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Phone Entry, Lobby Secured, Other
- Estacionamento1 Space
- LavanderiaWasher/Dryer Hook-Up
- VistaOther View, Skyline
- Estilo ArquitetônicoHigh Rise
Escolas
- MédioNautilus
- Ensino MédioMiami Beach
Calculadora de Pagamento
Mapa e Bairro
Imóveis Similares
Os dados relacionados a imóveis à venda neste site provêm em parte do programa Internet Data Exchange (IDX) da MIAMI Association of REALTORS. Todas as informações de listagem são consideradas confiáveis, mas não garantidas, e devem ser verificadas de forma independente por meio de inspeção pessoal.