Octagon Towers is a distinctive 16-story condominium building located at 1881 Washington Avenue in Miami Beach, FL 33139, built in 1966 with 117 units featuring art-deco elegance and flexible floorplans including studios to three bedrooms. The community emphasizes luxury living in the heart of South Beach with a 30-day minimum rental policy supporting investment potential and fully-funded reserves for improvements.
HOA Fees and Financial Obligations HOA fees are approximately $1,165 per month based on recent listings, covering maintenance, amenities, and services. The association maintains strong financial health with funded reserves. Owners have access to an online portal for documents, insurance certificates, and meeting minutes via https://sites.vertilinc.com/octagontowers/. Recent projects include elevator modernization, fire sprinkler installation, security camera upgrades, roof replacement planning, and generator installation.
Rules and Regulations Strict trash disposal rules apply: sealed bags only in chutes or designated rooms; no bulk items, construction debris, or flammables in chutes. Bulk trash must be handled via city services. Pet policy allows up to 75 lbs. Parking is assigned or general with secure gated access; additional spaces based on availability. 24-hour doorman/valet services support residents. Office hours are limited: Mondays 7am-12pm, Tuesdays 1-5pm, Wednesdays/Fridays 8am-1pm, Thursdays 3-7pm.
Community Amenities and Lifestyle Residents enjoy a private pool, sauna, fitness center, 24-hour concierge/doorman and valet, secure parking, common laundry on even floors, pest control, and maintenance services. The pet-friendly policy and central South Beach location offer walkable access to beaches, Lincoln Road, shops, dining, and the free trolley.
Notable Aspects The octagon-shaped building provides unique architecture and a boutique feel. Ongoing capital improvements focus on safety and modernization. Flexible rentals and on-site management make it attractive for owners.
Management Company: Octagon Towers Condominium Association / PMI Sunshine State (Manager: Boris Darchy, LCAM) Phone: (305) 673-6580 Fax: (305) 673-9169 Email: boris@pmisunshinestate.com Website: https://www.octagoncondo.com/ (owner portal: https://sites.vertilinc.com/octagontowers/) Address: 1881 Washington Avenue, Miami Beach, FL 33139 Valet: (305) 673-4563 After Hours Emergency: (786) 440-6157