1881 Washington Ave · Built 1966 · 16 floors · 113 residences
2 of 5 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Located in the heart of South Beach, Octagon Towers I is situated near the Miami Beach Convention Center and Lincoln Road. The building is positioned within walking distance of the beach and local dining and nightlife.
The building is described as well-managed with fully funded reserves and recently completed upgrades including a pool upgrade, electronic tele-entry access, and cameras. The property is located in a Hotel Zoning District and allows for short-term rentals.
Common amenities include a pool, gym, sauna, and a 24-hour manned lobby. The building is pet-friendly and offers common laundry facilities.
What surrounds Octagon Towers I: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowTechnically still South Florida.
Distances are straight-line, not walking or driving.
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for Octagon Towers I from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
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New
3-month rolling median of closed sales in Octagon Towers I; bars are closings per month.
Not enough closed sales yet for a trend.
Nearby buildings within half a mile.
Source: MLS listing remarks
Estimated from Octagon Towers I’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
There are 5 condos for sale at Octagon Towers I, from $379,000, with a median asking price of $420,000 ($484/sqft).
Octagon Towers I currently has about 60.0 months of supply — a buyer-friendly pace with more negotiating room.
HOA / maintenance fees at Octagon Towers I run around $1,139 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Octagon Towers I is not directly on the water.
Octagon Towers I was built in 1966, 16 stories, 113 residences.
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