$400,000
1881 Washington Avenue 16H
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $400,000
- Price per sq ft
- $325
- Original price
- $500,000
- Days on market
- 574
This 2-bedroom condo in Octagon Towers I Condo went under contract with an asking price of $400,000, or $325 per square foot. The asking price has come down 20% from its original $500,000. It spent 574 days on the market before going under contract.
Estimated monthly payment
$2,102 /mo
Principal and interest only, based on $80,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,480/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $400,000
- Days on Site
- 574 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,230 sqft
- Total Sq Ft
- 1,230 sqft
- Year Built
- 1966
- Property Type
- Condo
- MLS #
- A11707303
- Property Tax
- $6,251 (2024)
- HOA Fees
- $1,480 / Monthly
- Subdivision
- OCTAGON TOWERS I CONDO
- County
- Miami Dade
- Status
- Under Contract
About This Property
We are using an auction system and the auction ends Thursday, Sept 4th. Please text listing agent to ask for a link to the site and I will send it directly to you.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1966
- Number of Stories
- 17
- Garage Spaces
- 0
- Parking
- Valet
- Living Sq Ft
- 1,230
- Total Sq Ft
- 1,230
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bathtub / Elevator / Soaking Tub / Separate Shower
Exterior Features
- Construction
- Block / Stucco
- Exterior Features
- None
- Pool Features
- Association
- Waterfront Features
- None
- View
- Bay / Skyline / Water
Community & HOA
- HOA Fee
- $1,480 / Monthly
- HOA Includes
- Common Areas / Hot Water / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Roof / Sewer / Security / Trash
- Association Amenities
- Fitness Center / Pool / Parking / Trash / Elevators
- Security
- Elevator Secured / Fire Sprinkler System / Lobby Secured / Security Fence
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease / See Remarks
- MLS Area
- 2320
This home's HOA fee works out to $1,480 a month, 30% above the $1,139 median across 5 homes for sale in Octagon Towers I Condo. See Octagon Towers I Condo HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Octagon Towers I Condo is a community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $445,000 to $879,500. Homes were built starting 1966. Pure Equity lists homes in Octagon Towers and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $420,000
- Median $/Sq Ft
- $484
- Avg Days on Market
- 93
Frequently Asked Questions
- How do I schedule a tour of 1881 Washington Avenue 16H, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1881 Washington Avenue 16H, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1881 Washington Avenue 16H, Miami Beach, FL 33139 still available?
- 1881 Washington Avenue 16H, Miami Beach, FL 33139 is currently listed as Under Contract, and has been on the market 574 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1881 Washington Avenue 16H, Miami Beach, FL 33139?
- With 20% down ($80,000) on the $400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1881 Washington Avenue 16H, Miami Beach, FL 33139 is about $2,102/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1881 Washington Avenue 16H, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1881 Washington Avenue 16H, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1881 Washington Avenue 16H, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1881 Washington Avenue 16H, Miami Beach, FL 33139 carries an HOA fee of about $1,480 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1881 Washington Avenue 16H, Miami Beach, FL 33139?
- 1881 Washington Avenue 16H, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1881 Washington Avenue 16H, Miami Beach, FL 33139?
- Often, yes. The right offer on 1881 Washington Avenue 16H, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Real Broker LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 3, 2026.
$400,000
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Listed by Nicholas J Peralta, Real Broker LLC
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Recent Sales
Recently sold homes in Octagon Towers I Condo
These are the last 2 recorded closings in Octagon Towers I Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $443 per square foot. The most recent closed on July 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$415,000
Sold · July 1, 2026
1881 Washington Avenue 4B
2 bed · 2 bath · 940 sqft · $441/sqft
$5,000 under the asking price
Sold$310,000
Sold · July 16, 2025
1881 Washington Avenue 8C
1 bed · 1 bath · 700 sqft · $443/sqft
$35,000 under the asking price
See every recorded sale in Octagon Towers I Condo or find out what your Octagon Towers I Condo home is worth.
