Octagon Towers, 1881 Washington Ave #12E, Miami Beach, 33139

465,000(-2.15% )
$455,000Price
2Beds
2Baths
940SqFt

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Details

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Status:
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Parking: 1
Size: 940 ft2 / 87 m2
Price: $484 ft2 / $5,210 m2
Built: 1966
HOA: $1,139/MO
MLS Number: A11639438
View: City,Ocean,Other
On Site: 113 Days
Updated: 33 Days ago
Page Views: 0
Repriced! Investor opportunity! Fully furnished and tenant occupied 2 bedroom 2 bath just a minute to the beach and lincoln road, pool parking and gym 24 hour front desk and valet. High floor with city & ocean views. Current tenant occupied till may 2025 tenant paying $3700 special assessment coming first payment will be due october of 2024. Currently building allows for 30 day rentals. Once the building is fully compliant airbnb daily rentals will be allowed.. Stellar location across from convention center. Don't me this opportunity
Features
Bedrooms
Bedrooms: 2
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Other
View: City,Ocean,Other
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Price History
09/09/2024

Date

Price Reduced

Event

$455K

Price

-2.15%

Change Rate

$484 ft2 / $5,210 m2

Price Per

08/12/2024

Date

Listed

Event

$465K

Price

$495 ft2 / $5,325 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Heather McCabe • Beachfront Realty Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$300/ft²
$500/ft²
$600/ft²

Unit #12E – Asking

$484/ft²

(+12%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$431/ft²
Community $/Price Range (Closed) $386/ft² – $455/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 10A2/2940$455EastCity, Other$428,0006/25/2024
# 42/2940$452EastCity, Ocean$425,0004/12/2024
# 52/2940$372EastCity, Ocean$350,0009/14/2023
# 122/2940$445EastCity, Ocean$418,0008/26/2023
Unit: # 10A
Bed/Bath: 2/2Size SqFt: 940$/SqFt: $455Exposure: EastView: City, OtherSold: $428,000Closed Date: 6/25/2024
Unit: # 4
Bed/Bath: 2/2Size SqFt: 940$/SqFt: $452Exposure: EastView: City, OceanSold: $425,000Closed Date: 4/12/2024
Unit: # 5
Bed/Bath: 2/2Size SqFt: 940$/SqFt: $372Exposure: EastView: City, OceanSold: $350,000Closed Date: 9/14/2023
Unit: # 12
Bed/Bath: 2/2Size SqFt: 940$/SqFt: $445Exposure: EastView: City, OceanSold: $418,000Closed Date: 8/26/2023
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