1881 WASHINGTON AVE 5E, Miami Beach, FL 33139

1881 WASHINGTON AVE 5E, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 940 square feet of living space. The property is currently owned by OCTAGON GLOBAL ENTERPRISE INC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-03-14 for $230,000, when USA sold to OCTAGON GLOBAL . There are 3 recorded sales for this property. The 2025 assessed value is $290,623 with a market value of $300,408.

The assessed value increased 10% from $264,203 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $64,896, and the median home value is $440,600. The population density is 5,839 people per square mile. 1881 WASHINGTON AVE 5E, Miami Beach, FL 33139 is located in Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 126% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $245 per square foot — a key metric for comparing value across Miami Beach's real estate market..