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725 NE 22nd St # 14E, Miami FL 33137

Condo/Co-op For Sale
$540,000

BTC: 9.13087589

ETH: 348.38709677

New
Waterfront
1 bds
1 ba
850 sqft

Overview

Own a view that can never be replicated at this price point. This exceptional 1-bedroom residence at New Wave Condominium offers breathtaking, direct, unobstructed views of Biscayne Bay that today command multi-million-dollar premiums in neighboring Edgewater towers. Designed by acclaimed architect Kobi Karp, this residence features high ceilings, beautiful wood floors, custom-built closets, electric shades, and an oversized private terrace that feels more like an outdoor living room overlooking the bay. Located in the heart of Edgewater, one of Miami’s most desirable waterfront neighborhoods, New Wave offers resort-style amenities including a waterfront lap pool, fitness center with cardio and strength-training equipment, meditation garden, resident lounge with water views, 24-hour concierge, 24-hour security, secured entry, valet parking, and one covered parking space included with the unit. Enjoy an unbeatable location directly across from Margaret Pace Park with tennis, basketball, and volleyball courts, while being just minutes from the Miami Design District, Wynwood, Downtown Miami, Brickell, and Miami Beach. A rare opportunity to own a true waterfront retreat with forever views in one of Miami’s most vibrant locations.

Location

Details

Type:
Residential
Parking:
1 Space / Guest / Limited # Of Vehicle
Year Built:
2006
Lot:
No Data
Heating:
Central
Price/sqft:
$635
Cooling:
Central Air
HOA:
$1,203

Valuation

Our model vs. what's actually selling nearby.
Estimate
$400,000
$269K – $595K
Confidence Low
List vs. estimate
$140K above estimate
List $540,000 · +35.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$635
+13.5% vs. city median $559
Based on
2573 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $640K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,735
2025
HOA
$1,203/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Trash Compactor

    • Washer

    Other interior features

    • First Floor Entry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Guest

    • Limited # Of Vehicle

    Property

    • Levels: 1

    • Exterior Features: None / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-080-0590

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,203

    • HOA Frequency: Monthly

    • Annual tax amount: $6,735

  • Source details

    • MLS ID: A12042984

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 850

    • Subdivision Name: NEW WAVE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serrano & Associates Real Estate, LLC