Octagon Towers I Condo Homes with Ok To Lease Restrictions

Welcome to Octagon Towers I Condo, a stunning residential gem nestled in the vibrant heart of Miami Beach, Florida. This exquisite subdivision offers a unique blend of luxury and comfort, making it the perfect place for those seeking a coastal lifestyle with all the conveniences of urban living.

Octagon Towers I boasts an impressive array of amenities designed to enhance your living experience. Residents can enjoy a refreshing swim in the sparkling pool, unwind in the lushly landscaped gardens, or take advantage of the fitness center to maintain an active lifestyle. With its prime location, you’re just steps away from the pristine beaches of Miami Beach, world-class dining, and vibrant nightlife.

One of the standout features of Octagon Towers I is its "Ok To Lease" policy, allowing homeowners the flexibility to lease their units. This is especially appealing for those looking to invest in Miami’s thriving real estate market or for those who may wish to enjoy their condo part-time while generating rental income. The leasing restrictions ensure that the community maintains its charm and exclusivity, making it an ideal environment for both residents and investors.

Whether you’re looking for a permanent residence or a seasonal getaway, Octagon Towers I Condo offers a lifestyle that is both luxurious and convenient. Experience the best of Miami Beach living in this exceptional community, where every day feels like a vacation. Come and discover your new home at Octagon Towers I, where the sun shines bright, and the ocean breeze awaits!

Newest Octagon Towers I Condo Homes with Ok To Lease Restrictions

$399,000

1 Beds ⋅ 1 Baths ⋅ A12057868 MLS ⋅ 33139 Zip Code ⋅ Octagon Towers BLDG.

Welcome to your Miami Beach escape, a fully updated one-bed, one-bath, two blocks from the ocean off Washington Avenue. Just steps to Lincoln Road, the Convention Center, dining, and events year-round. Inside, you'll find a bright, well-designed layout with solid square footage, a brand new bath, impact windows, and a clean, modern vibe. The building offers a 24-hour front desk, on-site management, secure parking, common laundry, and it's pet-friendly. Ideal as a second home or a smart investment, 30-day rentals give you flexibility—enjoy it when you're in town, rent it out when you're not. Lock, leave, and let Miami Beach do the rest.

1881 Washington Ave Unit #8C, Miami Beach

$879,500

3 Beds ⋅ 2 Baths ⋅ A11944737 MLS ⋅ 33139 Zip Code ⋅ Octagon Tower I Condo BLDG.

Great second home located in front of the Miami Beach Convention Center, just two blocks to “Billionaires Beach” which sits at the heart of South Beach and walking distance to Lincoln Road which is undergoing a beautification project (see articles and links below). The unit is licensed for short term rental. Proforma gross revenue is estimated at $122K to $144K per annum (provided by two professional management firms) which translates to a 10% cap rate. Perfect for those looking to get away and clear their heads and experience a change in venue while maximizing their income. The unit features hurricane glass windows, gourmet kitchen, large master bedroom with a walking closet, modern spa style bathrooms, and may be purchased furnished. The Building’s leadership is proactive and well managed. As such planned and budgeted its future projects and took the initiative to obtain a loan and have fully funded reserves. In addition, the building has set up the budget for the SIRS requirement and funding. Ongoing building projects near completion elevator replacement and fire system. Most notable completed projects pool upgrade, electronic tele-entry access, cameras, structural review and repairs. Some future projects include hallway flooring and lobby upgrade.

1881 Washington Ave Unit #5H, Miami Beach

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