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Listed
A MASTERCLASS PENTHOUSE IN REFINED COASTAL LUXURY. Welcome to an extraordinary, designer-curated residence at The Waverly South Beach, where timeless sophistication meets contemporary elegance. Meticulously reimagined with an exceptional eye for detail, this residence showcases exquisite custom millwork, rich wood finishes, natural stone surfaces, architectural lighting, and a beautifully cohesive palette of warm, organic textures. The sleek European-inspired kitchen features integrated appliances, streamlined cabinetry, and elegant stone countertops, blending impeccable design with everyday functionality. Spa-inspired bathrooms offer a serene retreat with floor-to-ceiling stone, floating vanities, and glass-enclosed showers. Thoughtfully designed living spaces flow effortlessly toward a private terrace with captivating water and skyline views. Custom built-ins and tailored finishes elevate every corner, creating an atmosphere of understated elegance, timeless sophistication, and effortless luxury. A rare expression of understated luxury in the heart of South Beach, moments from world-class dining, shopping, and entertainment. One of the few units with Impact Windows already installed and 1st floor assigned parking space along with a valet space! Don't miss out on this once in a lifetime
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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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