+50 more
$400K
Octagon Towers I Condo Unit 16H
1881 Washington Ave, Unit 16H • Miami Beach, FL 33139
About This Unit
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.
Pricing at Octagon Towers I Condo — $325/sqft
Octagon Towers I Condo Unit 16H is listed at $325/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Octagon Towers I Condo.
Time on Market — 304 days
Octagon Towers I Condo Unit 16H has been on the market for 304 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $500,000. Reduced to $400,000 on Feb 24, 2026 (after 441 days on market) — -20.0% (−$100,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,172
HOA
$1,480
Property Tax
$521
Total / mo
$4,173
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.56%.
HOA $1.2/sqft · All-in $3.39/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Octagon Towers I Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1966 (60 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: Octagon Towers I Condo
Unit: 16H
Year Built: 1966
Stories: 17
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,480 / Monthly
View: Bay, Skyline, Water View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 304
Listed: December 10, 2024
MLS #: A11707303
Location
Tour with Ricky
Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.
Text or Call (305) 33-RICKYThat's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Real Broker LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11707303
• Updated Feb 24, 2026
• Photos uploaded 502 days ago — check listing for current condition.