3 Days Ago
Location
1562 West Ave #5, Miami Beach, FL 33139, USA|West Avenue
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Property Overview
Located in a vibrant area, the property features convenient access to essential amenities and waterfront views, enhancing its appeal. Great for those who appreciate a lively atmosphere, it offers proximity to local dining, shopping, and recreational activities. Additionally, the modern design and community amenities provide a comfortable and inviting living experience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
- Images available
Great for
Eco living
Social life
Amenities for 1562 West Ave #5, West Avenue
Building
| Onsite Laundry |
Grounds
| Garage Parking |
Services
| Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1562 West Ave #5
Sweet deal!
This listing is 31% below the median price for studio apartments in West Avenue.
Property Status: Active Renovated & Spacious Studio in the Heart of Miami Beach! Beautifully renovated large studio apartment ideally located in the heart of Miami Beach, just walking distance to Lincoln Road, restaurants, shopping, and everyday conveniences. This bright and spacious unit offers comfortable living with an excellent central location. Laundry facilities are available on the premises for added convenience. Unit #5 – Building 1562 Easy to show — property is on lockbox. Please contact the listing agent via text (preferred) to obtain lockbox combination. Agents must provide license number and brokerage name when requesting access. Fast approval process available. Applicants must submit background check, pay stubs, valid IDs, and completed application package. Office Phone: (305) 707-4546 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1562 West Ave #5 compares to other nearby properties.
Positives
- More space
- Studio is 5391 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | West Avenue |
|---|---|
| Zip code | 33139 |
| Type | Apartment for rent |
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Rent trends in West Avenue
studio apartments at 1562 West Ave #5 cost about 31% less than the average rent price for studio apartments in Miami Beach.
Median rents as of Feb 28 2026.
West Avenue
Miami Beach
| Month | Median Rent |
|---|---|
| March 2024 | $2,000 |
| April 2024 | $2,064 |
| May 2024 | $2,033 |
| June 2024 | $1,999 |
| July 2024 | $1,950 |
| August 2024 | $1,900 |
| September 2024 | $1,900 |
| October 2024 | $1,887 |
| November 2024 | $1,930 |
| December 2024 | $1,950 |
| January 2025 | $1,900 |
| February 2025 | $1,868 |
| March 2025 | $1,960 |
| April 2025 | $1,925 |
| May 2025 | $1,978 |
| June 2025 | $1,987 |
| July 2025 | $1,955 |
| August 2025 | $1,942 |
| September 2025 | $1,914 |
| October 2025 | $1,900 |
| November 2025 | $1,940 |
| December 2025 | $1,937 |
| January 2026 | $1,935 |
| February 2026 | $1,851 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,307 |
| April 2024 | $2,400 |
| May 2024 | $2,443 |
| June 2024 | $2,372 |
| July 2024 | $2,284 |
| August 2024 | $2,323 |
| September 2024 | $2,547 |
| October 2024 | $2,308 |
| November 2024 | $2,295 |
| December 2024 | $2,211 |
| January 2025 | $2,200 |
| February 2025 | $2,250 |
| March 2025 | $2,565 |
| April 2025 | $2,712 |
| May 2025 | $2,894 |
| June 2025 | $2,850 |
| July 2025 | $2,538 |
| August 2025 | $2,377 |
| September 2025 | $2,383 |
| October 2025 | $2,382 |
| November 2025 | $2,500 |
| December 2025 | $2,388 |
| January 2026 | $2,460 |
| February 2026 | $2,500 |
Affordability calculator
Can I afford to live at 1562 West Ave #5?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$68,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $68,000 annually to afford this studio monthly rent price of $1,700.
For more information on rent affordability, visit our rent calculator.
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Internet available near 1562 West Ave #5
Getting around Miami Beach near 1562 West Ave #5
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1562 West Ave #5, Miami Beach
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
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