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Listed
Wake up to serene garden and bay vistas from the best-priced 1BD/1BA at The Waverly, a timeless West Avenue classic designed by Arquitectonica. Fresh off a stylish transformation—including a new lobby and modernized hallways—the building marries iconic architecture with contemporary ease. Inside this charming residence, you’ll find wood floors, granite kitchen, and a laundry room with a full-size washer/dryer. A dedicated (covered) third-floor parking space is also included. The Waverly offers true resort-style living: a waterfront fitness center, an incredible bayside pool, tennis courts, a putting green, outdoor kitchens, sunset gardens, 24-hour front desk, valet, and concierge. All just moments from Lincoln Road, Sunset Harbour, cafés, parks, world-class dining, Whole Foods, Trader Joe’s, and endless shopping. Easy highway access makes commuting a breeze—whether you’re heading over the bridge to Downtown/ Brickell or the Biscayne corridor for work. An excellent opportunity for an end-user seeking breezy South Beach living—or for investors, as the building has strong rental demand with very few units currently available.
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.That is what landlords ask, not what units let for — edit it if you know better.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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