The Waverly Condos For Sale & Rent

The Waverly Condo Overview

The Waverly is a bayfront South Beach condo building at 1330 West Ave in South Beach, Miami Beach. Built in 2001, the 36-story building has 399 residences and is best evaluated for bay views, sunset exposure, walkability, building services, and the convenience of West Avenue living.

The Waverly Condos for Sale

The Waverly condos for sale should be compared by bay or city exposure, floor height, balcony position, renovation level, parking, and monthly ownership costs. Buyers who want South Beach without an oceanfront address should pay close attention to view quality, unit condition, and how each line feels from inside the residence.

The Waverly Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers considering rental income should confirm association rules, lease approvals, fees, and current restrictions before making an offer.

Amenities and Building Details

Architectural and ownership notes point to Arquitectonica, Athena Karlton. The building is pet-friendly. Tennis access is part of the amenity review. Buyers should review amenities, parking, security, reserves, insurance considerations, building rules, and monthly fees together with the specific unit. These units, offering one- and two-bedroom floor plans, span an interior space ranging from approximately 793 to 1,384 square feet. The fitness center is equipped with top-tier equipment, complemented by a resort-style bayfront pool and Jacuzzi, offering relaxation and wellness opportunities. The property also features ethereal meditation gardens, a barbecue grilling station, and a picnic area for social gatherings. Additional amenities include a health club, sauna and steam rooms, a club room with catering kitchen and bar, a business center, social room, billiards table, convenience store, and round-the-clock security and valet parking services. Additional amenities to review include the bay walk, bayfront pool, lighted tennis court, sand volleyball, BBQ area, gym, sauna and steam room, business center, billiards room, party room, concierge, valet, and 24-hour security.

What to Compare Before Buying at The Waverly

Compare active condos for sale, active rentals, recent sales, bay exposure, unit condition, monthly fees, parking, rental rules, pet policy, balcony position, and walkability. It is also useful to compare The Waverly Miami Beach with nearby buildings and area pages such as Bay Garden Manor, Flamingo South Beach, and South Beach.

Market Context

The Waverly Miami Beach has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 199 recorded condo sales, or about 22 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 42 sales, while the quietest was 2025 with 15. Recent completed-year sales volume is below the long-term average. The year-to-year spread is not extreme, which points to a more consistent resale comparison set.

The completed-year price-per-square-foot history for The Waverly Miami Beach ranges from about $480/sqft to $788/sqft, with an average near $606/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $480/sqft in 2017 to $695/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $653,580, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Waverly Miami Beach: 2 Beds and 1 Bed units have the broadest historical comparison set, while 3 Beds around $2,400,000 and 2 Beds around $782,026 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. The Waverly Miami Beach also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.