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  5. 1881 Washington Ave
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1881 Washington Ave

1881 Washington Ave, Miami Beach, FL, 33139
Octagon Towers 1 Condominiums

YEAR BUILT

1966

# STORIES

16

# TOTAL UNITS

49

UNIT SIZE RANGE

510-1,280 sqft

Description

1881 Washington Ave sits in Miami Beach, near the intersection of Collins Avenue and 18th Street. The building offers views of the skyline, ocean, bay, pool, and gardens. Construction finished in 1966. This 16-story high-rise contains 49 units. Unit sizes range from 510 to 1,280 square feet. Buyers can find a choice of one, two, and three-bedroom layouts. Unit prices typically fall between $425,000 and $428,000. The lowest sold price in the past 12 months was around $310,000, with the average closed price at $335,000. The average price per square foot stands at $439. Residents enjoy an array of amenities. This includes a heated pool, exercise room, sauna, and billiard room. The building also has laundry facilities, an elevator, and barbecue areas. A 24-hour front desk adds to convenience, while pet-friendly policies allow up to 75-pound pets. The property allows short-term rentals with a 30-day minimum stay. Nearby, restaurants like CHI Seafood LLC, Moreno's Cuba, and Baoli Restaurant cater to various dining preferences. Lincoln Road is just steps away, making shopping accessible. The Miami Beach Convention Center and the beach are within walking distance, adding to the overall appeal of the location. The strong financial standing of the building ensures stability for owners. Units may feature modern elements like large balconies and hurricane-impact windows. Enjoyment of community living in South Beach adds enjoyment to everyday life in this vibrant area.

Building ImageMLS ID #A11738039
Building ImageMLS ID #A11738039
Building Image
Building ImageView Listing

1881 Washington Ave

1881 Washington Ave, Miami Beach, FL, 33139


Octagon Towers 1 Condominiums

YEAR BUILT

1966

# STORIES

16

# TOTAL UNITS

49

UNIT SIZE RANGE

510-1,280 sqft

Description

1881 Washington Ave sits in Miami Beach, near the intersection of Collins Avenue and 18th Street. The building offers views of the skyline, ocean, bay, pool, and gardens. Construction finished in 1966. This 16-story high-rise contains 49 units. Unit sizes range from 510 to 1,280 square feet. Buyers can find a choice of one, two, and three-bedroom layouts. Unit prices typically fall between $425,000 and $428,000. The lowest sold price in the past 12 months was around $310,000, with the average closed price at $335,000. The average price per square foot stands at $439. Residents enjoy an array of amenities. This includes a heated pool, exercise room, sauna, and billiard room. The building also has laundry facilities, an elevator, and barbecue areas. A 24-hour front desk adds to convenience, while pet-friendly policies allow up to 75-pound pets. The property allows short-term rentals with a 30-day minimum stay. Nearby, restaurants like CHI Seafood LLC, Moreno's Cuba, and Baoli Restaurant cater to various dining preferences. Lincoln Road is just steps away, making shopping accessible. The Miami Beach Convention Center and the beach are within walking distance, adding to the overall appeal of the location. The strong financial standing of the building ensures stability for owners. Units may feature modern elements like large balconies and hurricane-impact windows. Enjoyment of community living in South Beach adds enjoyment to everyday life in this vibrant area.

Next

Description

1881 Washington Ave sits in Miami Beach, near the intersection of Collins Avenue and 18th Street. The building offers views of the skyline, ocean, bay, pool, and gardens. Construction finished in 1966. This 16-story high-rise contains 49 units. Unit sizes range from 510 to 1,280 square feet. Buyers can find a choice of one, two, and three-bedroom layouts. Unit prices typically fall between $425,000 and $428,000. The lowest sold price in the past 12 months was around $310,000, with the average closed price at $335,000. The average price per square foot stands at $439. Residents enjoy an array of amenities. This includes a heated pool, exercise room, sauna, and billiard room. The building also has laundry facilities, an elevator, and barbecue areas. A 24-hour front desk adds to convenience, while pet-friendly policies allow up to 75-pound pets. The property allows short-term rentals with a 30-day minimum stay. Nearby, restaurants like CHI Seafood LLC, Moreno's Cuba, and Baoli Restaurant cater to various dining preferences. Lincoln Road is just steps away, making shopping accessible. The Miami Beach Convention Center and the beach are within walking distance, adding to the overall appeal of the location. The strong financial standing of the building ensures stability for owners. Units may feature modern elements like large balconies and hurricane-impact windows. Enjoyment of community living in South Beach adds enjoyment to everyday life in this vibrant area.

1881 Washington Ave Key Stats Last 12 months

Avg. Listed Price$407,000($482/Sqft.)

Avg. Sale Price$335,000($439/Sqft.)
Year over year list priceUp Arrow1.58%

Year over year sale priceDown Arrow 13.99%
Total Listings5 Listed

Total sold2 Sold
Average Days on Market96 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceUp Arrow1.58%

Year over year sale priceDown Arrow13.99%
Total Listings5 Listed

Total sold2 Sold
Average Days on Market96 days

Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1881 Washington Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 10A10A940221802024-06-25
MLS#: A11505686
Closed$428,000
Unit 12E12E940221012023-08-28
MLS#: A11390198
Closed$418,000
Unit 5H5H1230321202018-10-30
MLS#: A10491508
Closed$402,500
Unit 10A
10A

2 Beds

2 Baths

940 sqft


DateStatusPrice
2024-06-25Closed$428,000
MLS#: A11505686
Days On Market180
Unit 12E
12E

2 Beds

2 Baths

940 sqft


DateStatusPrice
2023-08-28Closed$418,000
MLS#: A11390198
Days On Market101
Unit 5H
5H

3 Beds

2 Baths

1230 sqft


DateStatusPrice
2018-10-30Closed$402,500
MLS#: A10491508
Days On Market120
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

Living in Octagon Towers means more than just having a roof over your head; it’s about enjoying a lifestyle filled with perks. Residents can take a refreshing dip in the heated pool, unwind in the sauna, or fire up the barbecue for a casual cookout with friends. The exercise room and billiard room offer recreational options that fit a lively lifestyle, while the convenience of on-site laundry adds a practical touch. And if you've got a furry friend, you’ll be pleased to know that dogs are welcome here—just another reason to feel right at home!

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Amenities Description

Living in Octagon Towers means more than just having a roof over your head; it’s about enjoying a lifestyle filled with perks. Residents can take a refreshing dip in the heated pool, unwind in the sauna, or fire up the barbecue for a casual cookout with friends. The exercise room and billiard room offer recreational options that fit a lively lifestyle, while the convenience of on-site laundry adds a practical touch. And if you've got a furry friend, you’ll be pleased to know that dogs are welcome here—just another reason to feel right at home!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Barbeque

Barbeque

Barbecue

Barbecue

Exercise Room

Exercise Room

Bike Storage

Bike Storage

Pool

Pool

Private Pool

Private Pool

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Sauna

Sauna

Storage

Storage

Valet

Valet

Smoke Detector(s)

Smoke Detector(s)

Policies

Octagon Towers fosters a friendly atmosphere with straightforward policies that can make your transition easier. While there are some restrictions, the key takeaway is that dogs are allowed, making this spot extra inviting for pet owners. Having clear rules means that everyone can enjoy a tranquil living environment without any hiccups.

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Amenities Description

Octagon Towers fosters a friendly atmosphere with straightforward policies that can make your transition easier. While there are some restrictions, the key takeaway is that dogs are allowed, making this spot extra inviting for pet owners. Having clear rules means that everyone can enjoy a tranquil living environment without any hiccups.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1881 Washington Ave$439/sqft.$1 /sqft.
1840 James Ave$605/sqft.$2 /sqft.
1820 James Ave$296/sqft.$3 /sqft.
1776 James Ave$306/sqft.$1 /sqft.
1775 Washington Ave$456/sqft.$1 /sqft.
1755 Washington Ave$393/sqft.$2 /sqft.

Nearby Schools

Situated in South Beach, 1881 Washington Ave is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|0.34 miles away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|0.56 miles away

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|0.6 miles away

St Patrick School

--
Private|Grades KG–8
3700 Garden Ave|1.2 miles away

Mechina of South Florida

--
Private|Grades 7–12
4000 Alton Rd|1.21 miles away

Tree of Knowledge Learning Academy

--
Private|Grades 1–12
2220 NE 203rd Ter|1.23 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Situated in South Beach, 1881 Washington Ave is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|Less than 1 Mile Away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|Less than 1 Mile Away

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|Less than 1 Mile Away

St Patrick School

--
Private|Grades KG–8
3700 Garden Ave|1.20 Miles Away

Mechina of South Florida

--
Private|Grades 7–12
4000 Alton Rd|1.21 Miles Away

Tree of Knowledge Learning Academy

--
Private|Grades 1–12
2220 NE 203rd Ter|1.23 Miles Away

Tree of Knowledge

--
Private|Grades 7–12
4000 Alton Rd|1.23 Miles Away

Casa Dei Bambini Montessori School

--
Private|Grades PK–5
4025 Pine Tree Dr|1.31 Miles Away

North Beach Elementary School

A
Public|Grades PK–5
4100 Prairie Ave|1.34 Miles Away

Mater Academy at Mount Sinai

A
Public|Grades KG–5
4300 Alton Rd|1.37 Miles Away

Temple Beth Sholom Innovative School

--
Private|Grades PK–2
4144 Chase Ave Fl ...|1.39 Miles Away

Nautilus Middle School

C+
Public|Grades 6–8
4301 N Michigan Av...|1.40 Miles Away

South Pointe Elementary School

B
Public|Grades PK–5
1050 4th St|1.56 Miles Away

Montessori Academy at St John's

--
Private|Grades PK–5
4760 Pine Tree Dr|1.99 Miles Away

Transit

Set in South Beach, 1881 Washington Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

17 ST & ALTON CT

0.66 miles away|13 min walk

17 ST & CONVENTION CENTER DR

0.25 miles away|5 min walk

17 ST & JEFFERSON AV

0.41 miles away|8 min walk

17 ST & LENOX AV

0.54 miles away|11 min walk

17 ST & MERIDIAN AV

0.37 miles away|8 min walk

17 ST & PENNSYLVANIA AV

0.26 miles away|5 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in South Beach, 1881 Washington Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

17 ST & ALTON CT

0.66 miles away|13 min walk

17 ST & CONVENTION CENTER DR

0.25 miles away|5 min walk

17 ST & JEFFERSON AV

0.41 miles away|8 min walk

17 ST & LENOX AV

0.54 miles away|11 min walk

17 ST & MERIDIAN AV

0.37 miles away|8 min walk

17 ST & PENNSYLVANIA AV

0.26 miles away|5 min walk

17 ST & WASHINGTON AV

0.18 miles away|4 min walk

20 ST & BAY RD

0.74 miles away|15 min walk

41 ST & ALTON RD

1.28 miles away|25 min walk

41 ST & MERIDIAN AV

1.31 miles away|26 min walk

41 ST & PINETREE DR

1.34 miles away|26 min walk

41 ST & PRAIRIE AV

1.31 miles away|26 min walk

41 ST & SHERIDAN AV

1.33 miles away|26 min walk

5 ST & LENOX AV

1.48 miles away|29 min walk

5 ST & MERIDIAN AV

1.41 miles away|28 min walk

5 ST & MICHIGAN AV

1.45 miles away|28 min walk

ALTON RD & 10 ST

1.12 miles away|22 min walk

ALTON RD & 11 ST

1.05 miles away|21 min walk

ALTON RD & 13 ST

0.93 miles away|18 min walk

ALTON RD & 14 ST

0.87 miles away|17 min walk

ALTON RD & 15 ST

0.77 miles away|15 min walk

ALTON RD & 17 ST

0.64 miles away|13 min walk

ALTON RD & 19 ST

0.6 miles away|12 min walk

ALTON RD & 21 ST

0.51 miles away|10 min walk

ALTON RD & 23 ST

0.6 miles away|12 min walk

ALTON RD & 27 ST

0.77 miles away|15 min walk

ALTON RD & # 2992

0.92 miles away|18 min walk

ALTON RD & 29 ST

0.83 miles away|16 min walk

ALTON RD & 2 ST

1.69 miles away|33 min walk

ALTON RD & 39 ST

1.21 miles away|24 min walk

ALTON RD & 41 ST

1.3 miles away|25 min walk

ALTON RD@41 ST

1.3 miles away|25 min walk

ALTON RD & 4 ST

1.56 miles away|30 min walk

ALTON RD & 5 ST

1.42 miles away|28 min walk

ALTON RD & 8 ST

1.26 miles away|25 min walk

ALTON RD & 9 ST

1.16 miles away|23 min walk

ALTON RD & CHASE AV

1 miles away|20 min walk

ALTON RD & DADE BD

0.62 miles away|12 min walk

ALTON RD & LINCOLN RD

0.68 miles away|14 min walk

ALTON RD & N MICHIGAN AV

0.51 miles away|10 min walk

ALTON RD & NORTH BAY RD

0.98 miles away|19 min walk

COLLINS AV & 17 ST

0.19 miles away|4 min walk

COLLINS AV & 18 ST

0.13 miles away|3 min walk

COLLINS AV & 20 ST

0.16 miles away|4 min walk

COLLINS AV & 21 ST

0.22 miles away|5 min walk

COLLINS AV & 22 ST

0.27 miles away|6 min walk

COLLINS AV & 23 ST

0.39 miles away|8 min walk

COLLINS AV & 24 ST

0.47 miles away|10 min walk

COLLINS AV & 26 ST

0.66 miles away|13 min walk

COLLINS AV & 27 ST

0.75 miles away|15 min walk

The Neighbourhood: South Beach

South Beach sits on a barrier island and draws visitors for its beaches and architecture. Lummus Park and South Pointe Park provide wide sand, palms, and paths for walking and people-watching. Miami Beach Boardwalk stretches along the shore and links several blocks. Art Deco Historic District shows 1920s and 1930s hotel fronts and attracts fans. Joe's Stone Crab and Big Pink serve seafood and meals. Nikki Beach and Yardbird offer outdoor dining and music. Mango's Tropical Cafe and The Palace draw evening crowds with live shows and DJs. Mac's Club Deuce remains a long-running bar that people visit late at night. Jungle Island sits nearby and presents animal exhibits and seasonal events. Miami Beach Trolley and Metrobus serve local transit routes and connect this district to greater Miami. Pedestrians and cyclists use wide sidewalks and bike lanes during day and evening hours. Small shops, art galleries, and hotels fill many blocks near the waterfront. Beach festivals and outdoor fitness classes occupy public spaces in summer months. Census data show that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.

Next

Neighbourhood Description

South Beach sits on a barrier island and draws visitors for its beaches and architecture. Lummus Park and South Pointe Park provide wide sand, palms, and paths for walking and people-watching. Miami Beach Boardwalk stretches along the shore and links several blocks. Art Deco Historic District shows 1920s and 1930s hotel fronts and attracts fans. Joe's Stone Crab and Big Pink serve seafood and meals. Nikki Beach and Yardbird offer outdoor dining and music. Mango's Tropical Cafe and The Palace draw evening crowds with live shows and DJs. Mac's Club Deuce remains a long-running bar that people visit late at night. Jungle Island sits nearby and presents animal exhibits and seasonal events. Miami Beach Trolley and Metrobus serve local transit routes and connect this district to greater Miami. Pedestrians and cyclists use wide sidewalks and bike lanes during day and evening hours. Small shops, art galleries, and hotels fill many blocks near the waterfront. Beach festivals and outdoor fitness classes occupy public spaces in summer months. Census data show that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.

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1881 Washington Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 8.73% are children aged 0–14, 19.58% are young adults between 15–29, 35.85% are adults aged 30–44, 20.6% are in the 45–59 range and 15.25% are seniors aged 60 and above. Commuting options are also varying where 45.76% of residents relying on driving, while others prefer public transit around 5.98%, walking around 14.27%, biking around 10.93%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.43% of units are rented and 23.57% are owner occupied. The neighborhood offers different household types. About 12.13% are single family homes and 1.02% are multi family units. Around 56.05% are single-person households, while 43.95% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 30.38% of residents have bachelor’s degrees. Around 15.05% have high school or college education. Another 12.4% hold diplomas while 19.87% have completed postgraduate studies. The remaining are 22.31% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 8.73% are children aged 0–14, 19.58% are young adults between 15–29, 35.85% are adults aged 30–44, 20.6% are in the 45–59 range and 15.25% are seniors aged 60 and above. Commuting options are also varying where 45.76% of residents relying on driving, while others prefer public transit around 5.98%, walking around 14.27%, biking around 10.93%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.43% of units are rented and 23.57% are owner occupied. The neighborhood offers different household types. About 12.13% are single family homes and 1.02% are multi family units. Around 56.05% are single-person households, while 43.95% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 30.38% of residents have bachelor’s degrees. Around 15.05% have high school or college education. Another 12.4% hold diplomas while 19.87% have completed postgraduate studies. The remaining are 22.31% with other types of qualifications.

Age Demographics

0–14 Years

8.73%

15–29 Years

19.58%

30–44 Years

35.85%

45–59 Years

20.6%

60+ Years

15.25%

Commute

5.98%

Transit

14.27%

Walk

45.76%

Drive

10.93%

Bike

Housing Ownership

23.57%

Owner Occupied

76.43%

Rental Units

Household Types

Single Family
12.13%
Multi Family
1.02%
Single Person
56.05%
Multi Person
43.95%

Average Income

Household:$5,633,451.93 /yr

Individual:$5,368,086.51 /yr

Education

Bachelors Degree30.38%
High School College15.05%
Diploma12.4%
Post Graduate19.87%
Others22.31%
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Education

Diploma12.4%
Post Graduate19.87%
Others22.31%
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  1. Home
  2. /Miami Beach, FL
  3. /
    1881 Washington Ave
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