Own South Beach

West Bay Plaza

1688 West Ave · Built 1995 · 14 floors · 112 residences

7 for sale
For sale
7
0 pending · 42.0 mo supply
Median asking
$550K
from $360K
Median $/sqft
$671/sqft
$394/sqft sold, 12 mo
Days on market
107
117 to sell · 2 in 12 mo

6 of 7 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

West Bay Plaza
Listing photo · courtesy of London Foster Realty · MLS #A11912899

West Bay Plaza is a boutique building featuring 113 units in a highly walkable neighborhood. The property is situated in a prime location near Sunset Harbour, offering easy access to Lincoln Road, local restaurants, and the beach. The building is maintained by a diligent management team and features tree-lined premises.

The building offers a variety of shared amenities, including a pool, jacuzzi, gym, club room, and a BBQ area. Recent improvements to the property include completed concrete restoration, elevator modernization, and lobby upgrades.

Live near more of Miami

What surrounds West Bay Plaza: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
56
/ 100
B
own.miami Score

A data-grounded score for West Bay Plaza from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value71
$671/sqft — vs. South Beach condos, then all of Miami
Momentum2
-38.0% $/sqft over 6 months
Liquidity15
42.0 months of supply · 107 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age43
Built 1995 — vs. South Beach buildings
own.miami Condo Index
90At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#423 of 698 tracked Miami condos
Top 61% by price per sq ft
#97 of 121 in South Beach
Momentum
↓ Cooling
$671/sqft median ask
Liquidity
Slow
See the full Condo Index →

The stacks

4 lines · modeled from 20 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct West Bay Plaza’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -06 line.

LineLayoutSizeView$/sqftSales
-052 bd · 2 ba1,070 sqftBayWaterfront$586/sqft2
-06Best value1 bd · 2 ba820 sqftBay$537/sqft2
-092 bd · 2 ba1,060 sqftCanal$565/sqft5
Penthouses1 bd · 2 ba935 sqftBayWaterfront$679/sqft1

Modeled from West Bay Plaza’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from West Bay Plaza’s own sales history.

Estimated value
$440,000
$356,000–$524,000 · $537/sqft
Rough estimate · 2 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on West Bay Plaza?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in West Bay Plaza; bars are closings per month.

$214$478$742Oct 2023Feb 2024Jul 2024Apr 2026Oct 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1688 West Ave
Year built
1995
Floors
14
Residences
112
Developer
West Bay Plaza, Inc.
Waterfront
Yes

Amenities

  • · Pool
  • · Spa
  • · Front desk
  • · Club room
  • · Bbq area
  • · Laundry room

Building rules

Parking
The building offers assigned parking, with some units featuring two assigned spaces.

Special assessments & recertification outlook

Elevated

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1995 — past its first structural milestone; next inspection around 2030

Estimated from West Bay Plaza’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about West Bay Plaza: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

34Limited financing
Mortgages recorded, 12 months
4
4 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 4

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
3.0 ft
Lowest nearby street
3.2 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 2.2 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at West Bay Plaza cost?+

There are 7 condos for sale at West Bay Plaza, from $360,000, with a median asking price of $550,000 ($671/sqft).

How much are the HOA fees at West Bay Plaza?+

HOA / maintenance fees at West Bay Plaza run around $983 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is West Bay Plaza a waterfront building?+

Yes — West Bay Plaza is a waterfront building (South Beach).

When was West Bay Plaza built?+

West Bay Plaza was built in 1995, 14 stories, 112 residences.

Who developed West Bay Plaza?+

West Bay Plaza was developed by West Bay Plaza, Inc..

Stay ahead
Interested in West Bay Plaza?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like West Bay Plaza, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/west-bay-plaza" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>