The Waverly Homes for Sale

The Waverly is a residential community in Miami Beach, Florida.

Pure Equity Realty covers The Waverly and the Miami Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 The Waverly Miami Beach homes for sale as of October 2026. The median asking price is $1.22M. Asking prices run from $1.2M to $1.25M.

That is 88% above the Miami Beach median of $650,000. On a per-foot basis, homes here ask about $1,049 per square foot, compared with $697 across Miami Beach. So the median price buys roughly 1,150 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 382 days on the market. That is slower than the Miami Beach average of 174 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in The Waverly date from 2001, so they are about 25 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

Here is what the median The Waverly price means in Florida closing terms. At $1.22M, a 20% down payment comes to about $245,000, leaving a loan near $980,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,429. Next, the intangible tax of 0.2% adds about $1,959. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $7,347 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.