Octagon Tower I Condo 5H
#MLS: A11944737
$ 879 500
Data oferty01/14/2026
MiastoMiami Beach, FL 33139
Adres1881 Washington Ave, #5H
Powierznia114 m²
Podatek/rok$ 7 858
Czynsz/HOA$1600/Monthly
Rok budowy1966
Sypialnie3
Łazienki2
Garaż
Basen
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 Buildings 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.
Octagon tower i condo 5h for sale located at 1881 Washington Ave, #5H Miami Beach, FL 33139. Jeśli jesteś zainteresowany kupnem Octagon Tower I Condo 5H Condominium - 1881 Washington Ave, #5H Miami Beach, FL 33139, zadzwoń dziś!