$879,500

1881 WASHINGTON AVE #5H, MIAMI BEACH, FL 33139

3 beds2 baths1,230 sq ftCondo or villaBuilt 1966
Updated today, November 3, 2026

This home against Miami Beach

$715 per sq ft, 2% over the Miami Beach median
290 days on the market
$7,858 in property taxes (2025)
1 car garage

Miami Beach today: 1,853 homes for sale, median list price $659,000.

About this home

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.

Zoned schools

Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of Luxe Properties. MLS# A11944737.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed January 17, 2026.

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