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Octagon Towers I Condo

1881 Washington Ave, Miami Beach, FL, 33139
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 16, 2026
$379K – $880K+
VALUE RANGE
5
FOR SALE

Octagon Towers I Condo is a condominium in Miami Beach. Residences range from $379K to $880K.

Available Residences at Octagon Towers I Condo

3 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
5H$879,5003 / 21,230$715139

2 Bedroom Condos · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
11D$455,0002 / 2940$4844
4a$420,0002 / 2940$44797
16H$400,0002 / 21,230$325376
2g$380,0002 / 1830$45882

1 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
8C$379,0001 / 1700$54148
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

5
Active Listings
▲ 20% vs last month
Avg List Price
$503K
Avg Days on Market
74

INVENTORY BY BEDROOM

  • 1 Bed (1) 20%
  • 2 Bed (3) 60%
  • 3 Bed (1) 20%
Building vs. Market
51% discount to Miami Beach
Trades at a 51% discount to the Miami Beach average ($432 vs $885/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

740Oct '25Feb '26Jun '26
3
New Listings
last 3 months
$432
Avg Sale $/SqFt
last 36 months
60
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of September 16, 2026, Octagon Towers I Condo carries 5 active listings at an average asking price of $503K, with an average time on market of 74 days. Closed sales over the preceding 36 months averaged $432 per sq ft, and 1 transaction closed in the past 12 months — implying 60 months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of September 16, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Octagon Towers I Condo

How many condos are for sale at Octagon Towers I Condo?

As of September 16, 2026, 5 residences are actively listed for sale at Octagon Towers I Condo. Current asking prices range from $379K to $880K. Inventory updates daily from the MLS.

How much do condos at Octagon Towers I Condo cost?

Condos at Octagon Towers I Condo are currently asking from $379K to $880K. Over the past 36 months, closed sales have averaged $432 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Octagon Towers I Condo?

Based on MLS closed sales over the preceding 36 months, the average sale price at Octagon Towers I Condo is $432 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Octagon Towers I Condo located?

Octagon Towers I Condo is located at 1881 Washington Ave, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Octagon Towers I Condo in?

Octagon Towers I Condo is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

What amenities does Octagon Towers I Condo offer?

Octagon Towers I Condo amenities include Exercise Room, Pool, Elevator(s), Sauna, Trash Chute, Gated, Private Pool.

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