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The Waverly

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Neighborhood: South Beach

Year Built: 2001

# Units: 399

# Floors: 35

# Parking Levels: 3

ROSS100 Condo Index Ranking +

64

out of 100

COST RATING: +

1.88 out of 5

LIFESTYLE RATING: +

3.17 out of 5

Ross’s Comments – What you Need to Know about The Waverly

The Waverly was originally developed by ZOM USA and designed for apartment style living with a focus on resort style amenities and smaller apartment living spaces.

In 2003, the developer sold the units as condominiums and there were no further upgrades made to the building common areas until 2014 when a new lobby, fitness center and party room were completed.

The building offers an extensive package of amenities, including a bayfront pool, sand volleyball court, BBQ areas, on site deli / market, Koi pond, tennis court, kayak storage, 24 HR concierge, spinning / yoga room and valet parking.

The City of Miami Beach recently installed a large pumping station by removing the adjacent small dog park to facilitate the removal of any street flooding during heavy storms and high tides.

Located on West Ave and 13th Street, the walkability of the immediate neighborhood is very good and it remains a very popular building with renters and owners alike.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $498

RECENT PRICE/M² $5,640 

MAINTENANCE COST/SQ FT < $0.75

2 BEDROOM PRICE RANGE (2014-2015) $520,000 – $1,120,000

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UNIT SIZES  800 – 1,384 sq. ft (74 – 120 m²)

UNIT TYPES  1 and 2 bedrooms

# OF UNITS  399

# OF FLOORS  35

# OF PARKING LEVELS  3

ARCHITECT  Arquitectonica

DEVELOPER  Athena Karlton

PET POLICY  Pets allowed subject to restrictions. 

24-hour valet & security

Bay room with kitchen & movie screen

Beach volleyball court

Tennis court

Business center

Covered, above ground parking

Bayfront pool

Three barbecue areas

Fitness center & yoga room

Small, full service convenience store

Meditation garden with koi pond & waterfall

SOUTH BEACH

South Beach, also known as SoBe, is a neighborhood within the city of Miami Beach. It is the area south of Indian Creek and encompasses roughly the southernmost 23 blocks of the main barrier island that separates the Atlantic Ocean and Biscayne Bay. This area was the first section of Miami Beach to be developed, starting in the 1910′s, due to the development efforts of Carl G. Fisher, the Lummus Brothers, and John S. Collins.

During the 1960′s, South Beach became even more famous when Jackie Gleason brought his weekly variety series, The Jackie Gleason Show to the area. Beginning in the late 1970′s and continuing through the 1980′s, South Beach was used as a retirement community with most of its ocean-front hotels and apartment buildings filled with elderly people living on small, fixed incomes. This period also saw the introduction of the “cocaine cowboys,” drug dealers who used the area as a base for their illicit drug activities. The movie “Scarface“, released in 1983, typifies this activity. In addition, the television show Miami Vice used South Beach as a backdrop for much of its filming because of the area’s raw and unique visual beauty.

The area has gone through numerous artificial and natural changes over the years, including a booming regional economy, increased tourism, and the 1926 hurricane, which destroyed much of the area. The South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels. The area is popular with both American and international tourists, with many having permanent or second homes.

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The Waverly 25.784729, -80.142609  1330 West Ave, Miami Beach, FL 33139, United States (Directions)

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