NOT LISTED FOR SALE

Octagon Towers 1881 Washington Ave Unit 8G Miami Beach, FL 33139

City Center Neighborhood

Estimated Value: $332,662 - $475,000

2 Beds
1 Bath
830 Sq Ft
$707/mo HOA Fee

Last Sold July 30, 2021

Last sale price $240,000 $289 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,360/month

66 Days on Market

Highlights

  • Fitness Center
  • Main Floor Bedroom
  • Bike Room
  • Wood Flooring
  • Elevator
  • 4-minute walk to SoundScape Park

About This Home

As of July 2021

Bright & spacious 1 bedroom ( 2 bed on tax rolll can easily be converted back) Stunning updated bleached wood floors thru out updated kitchen , stainless steel appliance, quartz counter tops, Updated bath/vanity. Impact window too... refinished wood floors.. great closet space- washer/dryer combo text agent for showing

Last Agent to Sell the Property

Heather McCabe

Beachfront Realty Inc License #3035978 Listed on: 05/03/2021

Beachfront Realty Inc

Last Buyer's Agent

Ashley Boyd

One Sotheby's International Re License #3506047

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1966

HOA Fees

  • $707 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 830 Sq Ft Home
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-094-0910

Community Details

Overview

  • High-Rise Condominium
  • Octagon Condos
  • Octagon Towers I Condo Subdivision
  • 16-Story Property

Amenities

  • Elevator
  • Bike Room

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 1966

Lot Details

0

HOA Fees

$707 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCTAGON TOWERS I CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 830
  • Possible Use: Investment
  • Stories: 16
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Exterior Cat Walk, Other
  • Construction Type: Stucco
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: octagon
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Open

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 707
  • Amenities: Bike Storage, Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-094-0910
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 707

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 28, 2021
Sold by
Sones Andrew R
Bought by
Meridian Dade Rentals Llc
Seller's Agent
Heather McCabe
Beachfront Realty Inc
Buyer's Agent
Ashley Boyd
One Sotheby's International Re
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Current Estimated Value
$412,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,497
Avg. Annual Appreciation
13.82%

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 20, 2020
Sold by
Hyman Ronald
Bought by
Sones Andrew R
Seller's Agent
Heather McCabe
Beachfront Realty Inc
List Price
$250
Sold Price
$188,000
Premium/Discount to List
$187,750
75100%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.47%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Octagon Towers Associates
Bought by
Hyman Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meridian Dade Rentals Llc $240,000 Attorney
Sones Andrew R $188,000 None Available
Hyman Ronald $98,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyman Ronald $58,200
Previous Owner Hyman Ronald $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $240,000 -3.8% $289 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/30/2021 06/30/21 Price Changed $249,500 -2.2% $301 / Sq Ft
05/10/2021 05/10/21 Price Changed $255,000 -3.8% $307 / Sq Ft
05/09/2021 05/09/21 Price Changed $265,000 +3.9% $319 / Sq Ft
04/29/2021 04/29/21 For Sale $255,000 +35.6% $307 / Sq Ft
07/16/2020 07/16/20 Sold $188,000 -6.0% $227 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/01/2020 05/01/20 Price Changed $200,000 -14.9% $241 / Sq Ft
04/15/2020 04/15/20 Price Changed $235,000 -6.0% $283 / Sq Ft
03/11/2020 03/11/20 Price Changed $250,000 +99900.0% $301 / Sq Ft
03/11/2020 03/11/20 For Sale $250 -- $0 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,505 $239,408 -- --
2024 $3,980 $217,644 -- --
2023 $3,980 $197,859 $0 $0
2022 $3,380 $179,872 $0 $0
2021 $3,101 $160,600 $0 $0
2020 $1,569 $121,859 $0 $0
2019 $1,518 $119,120 $0 $0
2018 $1,426 $116,899 $0 $0
2017 $1,403 $114,495 $0 $0
2016 $1,390 $112,141 $0 $0
2015 $1,406 $111,362 $0 $0
2014 $1,428 $110,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather McCabe

    Seller's Agent in 2021

    Heather McCabe

    Beachfront Realty Inc

    (305) 213-5313

    9 in this area

    35 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Ashley Boyd

    One Sotheby's International Re

    (979) 319-6636

    1 in this area

    5 Total Sales

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About Octagon Towers

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11034906

MIAMI REALTORS® MLS

APN: 02-3234-094-0910

Florida Miami/Dade County Miami Beach 33139 City Center

1881 Washington Ave Unit 8G, Miami Beach, FL

This home is located at 1881 Washington Ave Unit 8G, Miami Beach, FL 33139 since 03 May 2021 and is currently estimated at $387,166, approximately $466 per square foot. This property was built in 1966. 1881 Washington Ave Unit 8G is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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