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Condominium
$455,000$484 / sqft
1881 Washington Ave # 11D, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
940 sqft
Interior
1966
Year built
$1,139 / mo
HOA
Condominium
Type
About this home
Beautifully renovated two-bedroom, two-bath residence featuring a desirable split-bedroom floor plan with two en-suite bathrooms. Bright interiors showcase white porcelain flooring, a sleek white kitchen with granite countertops, and stainless-steel appliances. Enjoy sweeping east-facing views toward the ocean and Miami Beach skyline, along with spectacular sunrises. Building amenities include a pool, fitness center, assigned parking, 24-hour front desk, and valet service. The building currently permits rentals with a minimum term of 30 days. Daily rentals will be permitted in the future, subject to completion of necessary life safety updates and all required state and city licenses and approvals. Ideal locations just 6 minutes from the boardwalk and the beach. There currently is a special assessment for 202/mth Tenant occupied thru 1/2027
Features
- Lobby
- Fire Sprinklers
- Split Bedroom
- Walk-In Closet(s)
- Exterior Cat Walk
- Ocean View
- Other View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.