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725 NE 22nd St # 8E, Miami FL 33137

Condo/Co-op For Sale
$538,000

BTC: 6.84043229

ETH: 212.60620431

1 days
Waterfront
1 bds
1 ba
850 sqft

Overview

Waterfront living in the heart of Edgewater! This beautifully maintained 1BR/1BA residence at New Wave offers 850 SF of interior living space plus an oversized private terrace finished with Jerusalem stone and overlooking Biscayne Bay. Floor-to-ceiling impact glass fills the residence with natural light, while real wood floors add warmth and character throughout. Spacious living and dining areas, open kitchen, in-unit washer/dryer and ample storage. New Wave is a boutique bayfront condominium offering a waterfront pool, fitness center, resident lounge, 24-hour security, valet and covered parking. An important advantage in today's condo market: the building is financially sound with low HOA fees, its required SIRS and reserve studies have been completed, and current assessments have been paid—providing buyers greater confidence regarding the building's financial preparedness. Ideally located across from Margaret Pace Park and minutes from Wynwood, Design District, Downtown, Brickell and Miami Beach.

Location

Florida • Miami • 33137 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered
Year Built:
2006
Lot:
No Data
Heating:
Central
Price/sqft:
$633
Cooling:
Central Air
HOA:
$1,203

Valuation

Our model vs. what's actually selling nearby.
Estimate
$399,999
$269K – $597K
Confidence Low
List vs. estimate
$138K above estimate
List $538,000 · +34.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$632
+11.3% vs. city median $568
Based on
2636 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $556K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,571
2025
HOA
$1,203/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Covered

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-080-0540

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,203

    • HOA Frequency: Monthly

    • Annual tax amount: $2,571

  • Source details

    • MLS ID: A12087389

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • 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

Live counts in the same area.
View all
This zip
33137
584
median $795K
Active
Same city
Miami
12,260
median $644K
Active
Same type
Condo/Co-op
6,458
median $498K
Active
Similar price
$376K – $699K
3,909
median $525K
Active

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: MDS Real Estate Services, LLC