Miami Luxury Condos · Surfside · The Waves
101 of the 106 homes are two-bedrooms.
By Josh Stein · Florida license SL3057661 · Updated 12 October 2026Leer en español →
3 condos for sale at The Waves, average list price $1,205.77 per sq ft (total list price ÷ total sq ft).
- Asking range$1,025,000 to $3,795,000
- List price per sq ft$1,205.77
- Months of inventory9.0
- Sold, 12 months4
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated 5 hours ago
Key facts about The Waves
| Address | 9455 Collins Avenue, Surfside FL 33154 |
|---|---|
| For sale now | 3 |
| For rent now | 3 |
| List price range | $1,025,000 to $3,795,000 |
| Size | 1,170 to 2,520 sq ft |
| Bedrooms | 2 to 4 BR |
| List price per sq ft | Average $1,205.77, low $876, high $1,506 |
| Monthly HOA | $888 to $2,100 |
| Year built | 1991 |
| Amenities | Clubhouse, Elevators, Fitness Center, Maintenance Grounds, Management, Parking, Pool, Sauna, Spa Hot Tub, Trash |
| Neighborhood | Surfside |
Residences at The Waves
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 2 | 2 | 1,170 to 1,510 | $1,025,000 to $1,450,000 | $923.51 | $1,110,000 (July 30, 2026) |
| 3 or more | 1 | 2,520 | $3,795,000 | $1,505.95 |
Unit lines
| Line | Records | Bedrooms | Size (sq ft) |
|---|---|---|---|
| 01 | 3 | 2 to 4 BR | 1,260 to 2,520 |
| 03 | 2 | 2 BR | 1,170 |
The last two digits of the unit number (05 in 305, 405, 505).
Recently sold in
4 listings
Verified 23 September 2026Miami-Dade County Property Appraiser1 source
On recorded 2026 sales this building runs $702 per square foot — cheaper than 79 of the 116 other buildings on the Miami Condo Index. Figures are closed sales from the Miami-Dade County Property Appraiser, not asking prices. Hover or tap a color to see the split.
Key Takeaways
- The Waves recorded 4 sales in the 12 months to 23 September 2026 — at a median of $879,500, or $653 per square foot, on the Miami-Dade County Property Appraiser record. The latest recorded sale was on 1 May 2026. Own at The Waves? Ask Josh what yours would sell for on WhatsApp.
- 101 of the 106 homes are two-bedrooms: almost the whole building is one kind of home.
- Only 12 qualified sales in four years — too few to draw a price trend from, and this page says so rather than inventing one.
- The median home is 1,510 square feet — with the range running 1,120 to 2,730.
- The 2026 median assessed value is $731,767 — against a maximum of $1,283,710.
- The record sale is $1,850,000 — in June 2024, for a 1,560 square foot home.
- Turnover is about one home in thirty-five per year — which makes both buying and selling here a slow process.
The Waves, by the numbers
Source: the building record on this site.
9455 Collins Avenue, Surfside, Florida 33154 | Neighborhood: Surfside
Home > Miami Luxury Condos > The Waves Surfside
A building of two-bedrooms, and little else
Counted against the Miami-Dade County Property Appraiser record on 23 September 2026, The Waves returns 106 folios, all of them residential homes. There are no commercial units.
The mix is the thing worth knowing. 101 of the 106 homes are two-bedrooms — roughly 95% of the building. The remainder is one single-bedroom home, one three-bedroom and three four-bedrooms.
That makes The Waves an easy building to read: when almost every home is the same kind of home, the comparables in your own building are genuinely comparable, and a valuation argument is harder to fudge in either direction.
Heated area runs 1,120 to 2,730 square feet, with a median of 1,510. The 2026 assessed values run $307,057 to $1,283,710, with a median of $731,767.
Why this page will not give you a price trend
Here is the complete four-year sales record, qualified arm’s-length transactions only.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 3 | $995,000 | $659 |
| 2024 | 4 | $1,382,500 | $875 |
| 2025 | 2 | $880,750 | $699 |
| 2026 to date | 3 | $884,000 | $702 |
Twelve transactions across four years. That is not enough to establish a trend, and I am not going to pretend otherwise. The table follows the county’s 23 September 2026 pull, in which a 14 May 2026 sale at $750,000 is no longer flagged qualified.
Look at what a confident reading would produce. Between 2023 and 2024 the per-foot figure appears to jump 33%, from $659 to $875. Between 2024 and 2025 it appears to fall 20%. Neither of those things happened to the building. The 2024 figure rests on four sales, one of which is the building’s record transaction at $1,850,000. In a sample that small, a single unusual home sets the median.
Most condo data you will encounter online will publish exactly this table with a confident headline attached — “values up 33%” or “prices down 20%” — because a headline performs better than a caveat. The honest position is that a two-sale year and a four-sale year cannot support either claim.
What the record does support
Thin data is not useless data. It just supports smaller claims, so here are the ones it will carry.
First, a level rather than a direction. Setting the four-sale 2024 outlier aside, the other three years sit at $659, $699 and $702 per square foot, a tight band. Two-bedroom homes here have been changing hands in the region of $660 to $700 per foot throughout the period, and the most recent year sits at the top of that band. That is a useful anchor even without a trend.
Second, turnover. Twelve sales in a 106-home building is about one home in thirty-five trading each year. Whether you are buying or selling, expect the process to take time and expect few current comparables to work from.
Third, the ceiling. The highest qualified sale on record is $1,850,000, in June 2024, for a 1,560 square foot home. The top 2026 assessed value in the building is $1,283,710.
What the record cannot tell you is whether values here are rising or falling. If a page or an agent tells you confidently that they are, ask how many sales that claim is built on. In this building the answer is twelve, spread across four years.
Who this building suits
It suits a two-bedroom buyer, which is a slightly circular thing to say and also the most useful. If a two-bedroom home of around 1,500 square feet in Surfside is what you want, this building is built almost entirely of them, and the uniformity works in your favour when it comes to pricing.
It suits a buyer looking for a one-bedroom or a large family home poorly. There is exactly one single-bedroom home and four homes of three bedrooms or more in the entire building. Those will come to market rarely, and when they do you will be negotiating without meaningful comparables.
For an investor, treat the turnover figure as the headline. One home in thirty-five per year means the exit is slow, and the absence of a reliable price trend means you are underwriting on a level rather than on momentum.
If you are selling here, your strongest asset is the building’s uniformity: your home really is like the others, so a comparable from two years ago is more relevant than it would be almost anywhere else. Your weakness is volume — with two sales in 2025 and three in 2026, there may simply not be a recent comparable to point at.
Own at The Waves?
If you own here, this page already carries the county’s record of what homes in The Waves have sold for. Here is how to use it.
Your three options
- Sell. Price against what comparable homes in the building have actually recorded, not against asking prices.
- Rent it out. Within the condominium’s rental rules, which vary from building to building.
- Hold. Watch the record: this page is updated from the county as new sales are posted.
What I will send you
Tell me your unit. I will send you the recorded sales of comparable homes in The Waves, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
How this building compares: the Miami Condo Index ranks buildings by price per square foot and four-year change from the county record, the Miami Resale Record shows how often resales closed below the seller’s price, and the 100 Latest Sales list shows MLS closings as they post. Every building we cover is on the Miami Luxury Condos page.
The Waves — Frequently Asked Questions
What have homes at The Waves sold for in the last 12 months?
4 sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, at a median of $879,500 ($653 per square foot). The latest recorded sale was on 1 May 2026. These are recorded closings, not asking prices. If you own at The Waves and want to know what your home would sell for, message Josh Stein on WhatsApp at (305) 695-8257.
How many units are in The Waves?
The Miami-Dade County Property Appraiser records 106 folios at 9455 Collins Avenue, all residential homes, with no commercial units. 101 of the 106 are two-bedrooms; the rest is one single-bedroom home, one three-bedroom and three four-bedrooms.
Are prices rising or falling at The Waves?
The record cannot answer that. There have been only 12 qualified sales across four years, and a single unusual transaction sets the median in a sample that small. Any confident claim about the direction of prices in this building is not supported by the county record.
What did the 2024 spike mean?
Very little. The 2024 median of $875 per square foot rests on four sales, one of which is the building’s record transaction at $1,850,000. Set that year aside and the other three sit at $659, $699 and $702, a tight band rather than a swing.
What size are the homes at The Waves?
Heated area runs from 1,120 to 2,730 square feet with a median of 1,510. Because 95% of the building is two-bedroom homes, the variation around that median is much narrower than in most buildings.
How long does it take to sell at The Waves?
Expect it to be slow. Twelve qualified sales in four years, in a 106-home building, is roughly one home in thirty-five trading each year. There were two qualified sales in the whole of 2025.
What is the most expensive sale at The Waves?
$1,850,000, recorded in June 2024 for a 1,560 square foot home. The highest 2026 assessed value in the building is $1,283,710, against a median of $731,767.
What does the sale record show about The Waves’ prices?
A level rather than a direction: per-foot medians of $659, $699 and $702 in the years outside 2024, a record sale of $1,850,000 in June 2024, and only 12 qualified sales in four years, too few to establish a trend. Turnover is about one home in thirty-five per year. Because almost every home is the same kind of home, pricing comparisons inside the building are straightforward.
Sources and further reading
Interested in selling at The Waves?
Learn more about selling your condo at The Waves with Josh Stein.
Thinking about The Waves?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
Get the sales recordRelated coverage
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