1881 Washington Ave #4A

1881 Washington Ave #4A Miami Beach 33139
2 bedrooms | 2 bathroom | 0 half bath | 940 sqft

$438,000

Property Details

MLS #
A11914497
Unit #
4A
Address
1881 WASHINGTON AVE #4A  map  
Bedrooms
2
Bathrooms
2
Living Area (f2)
940
Living Area (M2)
87
Year Built
1966
Waterfront
Status
Active
Listing Type
Condo/Townhome
Maintenance Fee
$1,233
Complex
OCTAGON TOWERS I CONDO
Days On Market
89
Pool
Yes
Pets Allowed
N/A
Parking Spaces
1

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

Property Description

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

Property Amenities

Equipment

  • Trash Compactor
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Interior Features

  • Split Bedroom

Exterior Features

  • East Of Us1
  • Other

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®