All listings
Active
Active1 / 32
Photo 1 of 32
Waterfront · Condominium
$980,000$870 / sqft
1330 West Ave # 1506, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,127 sqft
Interior
2001
Year built
$1,581 / mo
HOA
Condominium
Type
About this home
Waverly Unit 1506 offers sophisticated waterfront living with stunning Biscayne Bay views. Completely renovated with top-of-the-line finishes, the residence features oversized 47” x 47” Porcelanosa tile flooring throughout, beautifully designed Porcelanosa bathrooms, high-end Bosch appliances, and a newer washer and dryer. Smart-home features include motorized Lutron shades, Lutron lighting controls throughout, select Philips Hue lighting, a smart entry door lock, and smart thermostat, all conveniently controlled by app or voice. The Waverly offers a true resort-style lifestyle with a bayfront pool and spa, tennis and volleyball courts, state-of-the-art fitness center, spinning room, business center, valet service, and beautifully landscaped grounds. Ideally located in the heart of South Beach, Unit 1506 is just minutes from Lincoln Road, Ocean Drive, the beach, restaurants, shopping, and entertainment—combining beautiful bay views, sophisticated finishes, modern technology, and the best of Miami Beach living.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Other
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Tennis Court(s)
- Bay
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 $3,600–$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.