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Condominium at 1881 Washington Avenue # 2g, Miami Beach FL 33139Active
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Condominium
$399,000$481 / sqft

1881 Washington Avenue # 2g, Miami Beach FL 33139

2
Bedrooms
1
Bathrooms
830 sqft
Interior
1966
Year built
$1,087 / mo
HOA
Condominium
Type

About this home

Elegant and furnished 2 bedroom 1 bath condo available for sale in the sought after Octagon Towers Building in the heart of Miami Beach. Unit features a split bedroom concept with each bedroom on opposite sides of the unit and the bathroom and kitchen in the middle. Unit has great natural light, stainless steel steel appliances, and ample space. 24/7 front desk security, on-site mgmt & secure parking. Pet friendly. Short-term rentals (30 days min.) allowed. In Hotel Zoning District. Generate income when not using the unit. Amenities include a pool, sauna, gym, common laundry. Prime location in Miami Beach! Tenant Occupied.

Features

  • Lobby
  • Other

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,105

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,018
HOA
$1,087 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Domus Real Estate LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.