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Condominium at 1881 Washington Avenue # 4a, Miami Beach FL 33139Active
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Condominium
$425,000$452 / sqft

1881 Washington Avenue # 4a, Miami Beach FL 33139

2
Bedrooms
2
Bathrooms
940 sqft
Interior
1966
Year built
$1,165 / mo
HOA
Condominium
Type

About this home

Steps from the sand and surrounded by everything South Beach has to offer - Lincoln Road, Convention Center, world-class dining and nightlife - this updated 2BD/2BA condo delivers a lifestyle that's hard to beat at this price point. Inside, new laminate floors, generous open floor plan, a renovated kitchen, in-unit washer/dryer and hurricane impact window adds everyday convenience rare in this market. What truly sets this building apart: 12x year (30 day min) rental policy, pet-friendly up to 75 lbs, gated parking, 24-hour manned lobby, fully funded reserves, pool, gym, and sauna — amenities that rival buildings at twice the price.

Features

  • Lobby
  • Elevator
  • Fire Sprinklers
  • Split Bedroom
  • East Of Us1
  • Exterior Cat Walk
  • Other

Location

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

Estimated loan & HOA

$3,314

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

Principal & interest
$2,149
HOA
$1,165 / 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
Keller Williams Realty Profess

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.