# West Bay Plaza

As of 2026-09-15, West Bay Plaza in South Beach has 7 units for sale at a median asking price of $550K ($671/sqft); 2 units sold in the last 12 months.

West Bay Plaza is a boutique condominium building located in the heart of South Beach.

## Key facts

| | |
|---|---|
| Address | 1688 West Ave |
| Neighborhood | South Beach |
| Year built | 1995 |
| Floors | 14 |
| Units | 112 |
| Waterfront | yes |
| Developer | West Bay Plaza, Inc. |
| For sale | 7 |
| Pending | 0 |
| Median asking price | $550,000 |
| Median asking $/sqft | $671/sqft |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $394/sqft |
| Months of inventory | 42.0 |
| Median HOA | $983/mo |
| Parking | The building offers assigned parking, with some units featuring two assigned spaces. |

## Own Miami measures

- **own.miami Building Score: 56 (B)**
  - Value: 71 — $671/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 2 — -38.0% $/sqft over 6 months
  - Liquidity: 15 — 42.0 months of supply · 107 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 43 — Built 1995 — vs. South Beach buildings
- **Own Miami Condo Index: 90** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 423 of 698 tracked Miami condos)
- **Financeability Index: 34** (limited; 12-month window, 4 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2030)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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..

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at West Bay Plaza](https://own.miami/buildings/west-bay-plaza/for-sale)
- [The Waverly at South Beach](https://own.miami/buildings/the-waverly-at-south-beac)
- [The Meridian](https://own.miami/buildings/the-meridian)
- [Bayview Plaza](https://own.miami/buildings/bayview-plaza)
- [Armitage Place No. 3](https://own.miami/buildings/armitage-place-no-3)

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Source: Own.Miami — https://own.miami · data as of 2026-09-15
Canonical page: https://own.miami/buildings/west-bay-plaza
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai