# 1881 Washington Ave #5H, Miami Beach, FL 33139 > **TL;DR:** 3bd/2ba condo, $879,500 ($715/sqft), built 1966, 1,230 sqft. > View, A/C. Est. $6,304/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $879,500 | | Price/sqft | $715 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 1,230 | | Year Built | 1966 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Views** - City ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,447 | | Estimated Insurance | $257 | | HOA | $1,600 | | **Total** | **$6,304** | ## Nearby Schools - **Middle:** Nautilus - **High:** Miami Beach ## Key Amenities - View - A/C ## Property Highlights - Built in 1966 ## Description ### Agent Description 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. ## Location - **Address:** 1881 Washington Ave #5H, Miami Beach, FL 33139 - **County:** Miami-Dade - **Neighborhood:** OCTAGON TOWERS I CONDO - **Coordinates:** 25.794676, -80.13162 - **Google Maps:** https://www.google.com/maps?q=25.794676,-80.13162 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A11944737 ## Listing Agent - **Name:** Michelle Beatty · **License:** 3347395 - **Brokerage:** LUXE Properties LLC - **Phone:** 3059051517 - **Broker Phone:** (305) 809-7650 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1881-Washington-Ave-Apt-5H_Miami-Beach_FL_33139_M56858-81451?f=listhub&s=MAORFL&m=A11944737&c=propsimple) ## Photos ![1881 Washington Ave #5H - Photo 1](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1033760189r.jpg) ![1881 Washington Ave #5H - Photo 2](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f250533023r.jpg) ![1881 Washington Ave #5H - Photo 3](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1662569616r.jpg) ![1881 Washington Ave #5H - Photo 4](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2349428411r.jpg) ![1881 Washington Ave #5H - Photo 5](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2692125971r.jpg) ![1881 Washington Ave #5H - Photo 6](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f3875525645r.jpg) ![1881 Washington Ave #5H - Photo 7](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2993135494r.jpg) ![1881 Washington Ave #5H - Photo 8](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1757752986r.jpg) ![1881 Washington Ave #5H - Photo 9](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1219358349r.jpg) ![1881 Washington Ave #5H - Photo 10](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1686412030r.jpg) ![1881 Washington Ave #5H - Photo 11](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f3035866126r.jpg) ![1881 Washington Ave #5H - Photo 12](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2905562191r.jpg) ![1881 Washington Ave #5H - Photo 13](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f3169728000r.jpg) ![1881 Washington Ave #5H - Photo 14](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f54186913r.jpg) ![1881 Washington Ave #5H - Photo 15](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1219438161r.jpg) ![1881 Washington Ave #5H - Photo 16](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2535071715r.jpg) ![1881 Washington Ave #5H - Photo 17](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f4120289849r.jpg) ![1881 Washington Ave #5H - Photo 18](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f279892197r.jpg) ![1881 Washington Ave #5H - Photo 19](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1238803946r.jpg) ![1881 Washington Ave #5H - Photo 20](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f849781770r.jpg) ![1881 Washington Ave #5H - Photo 21](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1219153020r.jpg) ![1881 Washington Ave #5H - Photo 22](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2423934425r.jpg) ![1881 Washington Ave #5H - Photo 23](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f508403809r.jpg) ![1881 Washington Ave #5H - Photo 24](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f4042571115r.jpg) ![1881 Washington Ave #5H - Photo 25](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f808299527r.jpg) ![1881 Washington Ave #5H - Photo 26](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2865233200r.jpg) ![1881 Washington Ave #5H - Photo 27](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f2441543821r.jpg) ![1881 Washington Ave #5H - Photo 28](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1490999550r.jpg) ![1881 Washington Ave #5H - Photo 29](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f581075694r.jpg) ![1881 Washington Ave #5H - Photo 30](http://lh.rdcpix.com/824db8d35322e0b834119ab5a26a9a8al-f1258884393r.jpg) --- **MLS#:** A11944737 | **Updated:** 2026-07-02 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1881-washington-ave-miami-beach-fl-33139-11944737) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1881-washington-ave-miami-beach-fl-33139-11944737#listing", "url": "https://www.propertysimple.ai/listing/1881-washington-ave-miami-beach-fl-33139-11944737", "name": "1881 Washington Ave #5H, Miami Beach, FL 33139", "description": "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. 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