$475,000
SOLD OCT 23, 2023
1 Bed
1 Bath
793 Sq Ft
$715/mo HOA Fee

Recently Sold

$599 Per Sq Ft

5% Below List Price

64 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Clubhouse
  • Property Fronts a Bay or Harbor
  • Private Guards
  • Marble Flooring

About This Home

As of October 2023

PRICE TO SELL FAST. Beautiful 1 bed/1 bath with an assigned parking space in a luxury condo located on the Bay. The Waverly is one of the most desired buildings in the area. Amenities include a gym, tennis court, spa, outdoor kitchen/barbecue, lagoon pool, sunset garden, deck overlooking the bay, volleyball course by the bay, 24-hour front desk & valet. Cable & fiber 5G high-speed internet included in maintenance. Location close to Lincoln Road, the Beach, Ocean Drive, Whole Foods, Trader Joe's, Sunset Harbor, and all the fine restaurants.

Last Agent to Sell the Property

Kamran Sedgh

Keller Williams Realty Miami Beach License #3224128 Listed on: 07/24/2023

Keller Williams Realty Miami Beach

Last Buyer's Agent

Jesse Spencer

Compass Florida, LLC License #3282789

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 2001

Lot Details

  • Southwest Facing Home

HOA Fees

  • $715 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Club Area

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 793 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-069-2740

Community Details

Overview

  • High-Rise Condominium
  • Waverly At South Beach Condos
  • The Waverly At South Beac Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 36-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Business Center
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Private Guards
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,055

Year Built

Built in 2001

Lot Details

0

HOA Fees

$715 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Ownership: Limited Partnership
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE WAVERLY AT SOUTH BEAC
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 793
  • Possible Use: Unknown/Withheld
  • Stories: 36
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Club Area View, Skyline
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Waverly At South Beach
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Lobby Secured, Private Guards, TV Camera

Condo/Co-op/Association

  • Association Fee: 715
  • Amenities: Bike Storage, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Other, Private Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-069-2740
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Pena Gregory Jose
Bought by
Reid David E
Current Estimated Value
$548,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,700
Outstanding Balance
$349,108
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$199,036

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 12, 2023
Sold by
Dexus Llc
Bought by
Pena Gregory Jose
Seller's Agent
Kamran Sedgh
Keller Williams Realty Miami Beach
Buyer's Agent
Jesse Spencer
Compass Florida, LLC
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$332,500
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Sunstone Partners Llc
Bought by
Dexus Llc

Purchase Details

Closed on
Dec 16, 2010
Sold by
Lago Alexander
Bought by
Sunstone Partners Llc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Sisman Serif
Bought by
Lago Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,900
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 $544,400 Clear Title
Warranty Deed $544,400 Clear Title
Warranty Deed $475,000 None Listed On Document
Warranty Deed $230,000 Attorney
Trustee Deed $172,500 None Available
Warranty Deed $354,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,700 New Conventional
Closed $349,700 New Conventional
Previous Owner $332,500 New Conventional
Previous Owner $336,900 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Rented $3,000 -14.3% --
02/19/2024 02/19/24 Under Contract -- -- --
12/28/2023 12/28/23 For Rent $3,500 0.0% --
10/23/2023 10/23/23 Sold $475,000 -4.8% $599 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $499,000 0.0% $629 / Sq Ft
10/30/2020 10/30/20 Rented $2,000 -4.8% --
10/16/2020 10/16/20 Under Contract -- -- --
10/03/2020 10/03/20 Price Changed $2,100 -4.5% $3 / Sq Ft
09/13/2020 09/13/20 Price Changed $2,200 -4.3% $3 / Sq Ft
07/13/2020 07/13/20 For Rent $2,300 +15.0% --
09/01/2017 09/01/17 Rented $2,000 -2.4% --
08/18/2017 08/18/17 Under Contract -- -- --
07/11/2017 07/11/17 Price Changed $2,050 -2.4% $3 / Sq Ft
06/19/2017 06/19/17 For Rent $2,100 -8.7% --
12/01/2016 12/01/16 Rented $2,299 0.0% --
11/25/2016 11/25/16 Under Contract -- -- --
10/19/2016 10/19/16 Price Changed $2,299 0.0% $3 / Sq Ft
09/22/2016 09/22/16 Price Changed $2,300 -2.1% $3 / Sq Ft
09/18/2016 09/18/16 Price Changed $2,350 -2.1% $3 / Sq Ft
09/14/2016 09/14/16 Price Changed $2,400 -2.0% $3 / Sq Ft
08/31/2016 08/31/16 Price Changed $2,450 -2.0% $3 / Sq Ft
08/16/2016 08/16/16 For Rent $2,500 +4.2% --
08/19/2013 08/19/13 Rented $2,400 0.0% --
08/19/2013 08/19/13 For Rent $2,400 +14.3% --
12/30/2012 12/30/12 Rented $2,100 -8.7% --
12/30/2012 12/30/12 For Rent $2,300 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $7,135 $387,288 -- --
2024 $5,810 $379,694 -- --
2023 $5,810 $286,770 $0 $0
2022 $5,055 $260,700 $0 $0
2021 $4,576 $237,000 $0 $0
2020 $5,076 $262,200 $0 $0
2019 $5,000 $258,000 $0 $0
2018 $4,852 $258,044 $0 $0
2017 $5,066 $266,025 $0 $0
2016 $5,472 $265,030 $0 $0
2015 $5,080 $240,937 $0 $0
2014 $4,654 $219,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11423875

MIAMI REALTORS® MLS

APN: 02-3233-069-2740