$650,000
SOLD NOV 13, 2024
2 Beds
2 Baths
1,084 Sq Ft
$1,400/mo HOA Fee

Recently Sold

$600 Per Sq Ft

13% Below List Price

182 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Clubhouse
  • Bar or Lounge
  • Intracoastal View
  • Main Floor Bedroom

About This Home

As of November 2024

Experience upscale living in an exquisite high-rise residence nestled within the vibrant heart of South Beach, in the renowned West Avenue neighborhood overlooking Biscayne Bay. Revel in breathtaking vistas that encompass the scenic beauty of Biscayne Bay and the dynamic South Beach skyline from the expansive balcony. The Waverly offers resort style living with heated bay front pool, fitness center, tennis courts, meditation garden, social gathering room, business center, 24 hour door man, security, valet and convenience market. Enjoy the best of South Beach! Walking distance to Lincoln Road, beach, shopping & dinning. Cable, internet & water included.

Last Agent to Sell the Property

Reid Heidenry

One Sotheby's International Re License #3194322

One Sotheby's International Re

Last Buyer's Agent

William McClain

Waterfront Investment Real Estate License #3210998

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,811

Year Built

  • Built in 2001

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,084 Sq Ft Home
  • Built-In Features
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-069-0950

Community Details

Overview

  • The Waverly Condos
  • The Waverly At South Beac Subdivision
  • 29-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,811

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,400 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE WAVERLY AT SOUTH BEAC
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Other, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1084
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 29
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Garden View, Intracoastal View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Waverly
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1400
  • Amenities: Bar, Barbecue, Bike Storage, Bike/Jog Path, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-069-0950
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Nov 13, 2024
Sold by
Selvaraju Raghuram
Bought by
Pestana Belinda
Seller's Agent
Reid Heidenry
One Sotheby's International Re
Buyer's Agent
William McClain
Waterfront Investment Real Estate
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Total Days on Market
182
Views
40
Current Estimated Value
$652,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,382
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
Mar 24, 2021
Sold by
Green Mark H and Mark H Green Revocable Trust
Bought by
Selvaraju Raghuram

Purchase Details

Closed on
May 21, 2019
Sold by
Green Mark
Bought by
Green Mark H

Purchase Details

Closed on
Mar 1, 2013
Sold by
Williams Heidi
Bought by
Green Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,125
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Ahumada Cesar and De Alba Varela Ana Claudia
Bought by
Williams Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2004
Sold by
Athena Karlton Sobe Llc
Bought by
Ahumada Cesar and Varela Ana Claudia De Alba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.5%
Mortgage Type
Unknown

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Title Now
Warranty Deed $470,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $457,500 Attorney
Warranty Deed $465,000 --
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $343,125 New Conventional
Previous Owner $343,125 New Conventional
Previous Owner $340,000 Unknown
Previous Owner $256,000 Unknown
Closed $32,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $650,000 0.0% $600 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $650,000 -3.7% $600 / Sq Ft
06/11/2024 06/11/24 Price Changed $675,000 -3.6% $623 / Sq Ft
05/20/2024 05/20/24 Price Changed $700,000 -6.7% $646 / Sq Ft
05/01/2024 05/01/24 For Sale $750,000 -- $692 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,811 $489,265 -- --
2023 $8,811 $444,787 $0 $0
2022 $7,597 $404,352 $0 $0
2021 $7,229 $374,400 $0 $0
2020 $7,550 $390,000 $0 $0
2019 $6,782 $350,000 $0 $0
2018 $6,584 $350,110 $0 $0
2017 $7,844 $411,894 $0 $0
2016 $8,070 $401,671 $0 $0
2015 $7,487 $365,156 $0 $0
2014 $6,745 $331,960 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11577561

MIAMI REALTORS® MLS

APN: 02-3233-069-0950