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$690,000

725 NE 22nd St # 7B, Miami FL 33137

1  beds
1  baths
850  sqft
Condominium
Built in 2006
$812/sqft
$942/mo HOA
130 days on market

About this property

Fresh off a fully completed concrete restoration with no assessments, New Wave Condo is now approved for lender financing. This unit is a strong investment opportunity with a tenant in place through May 2026. Enjoy the same direct, unobstructed water views as luxury towers like Elysee, Villa Miami, and Missoni—at a fraction of the price. This boutique waterfront gem in Edgewater, one of Miami’s most sought-after neighborhoods, features high ceilings and a patio-sized deck overlooking Biscayne Bay. Amenities include a bayfront pool, fitness center, assigned parking, and 24-hour concierge. Minutes from Wynwood, the Design District, and Downtown Miami, this location offers the best of Miami.

Interior Details

Bedrooms & bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & cooling

  • Heating: Central
  • Cooling: Central Air

Features

  • Flooring: Ceramic Floor, Other
  • Window Features: Blinds

Extras

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Security & Smart Features: Smoke Detector, Doorman, Elevator Secure
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 1
  • Parking features: 1 Space, Covered, Guest

Features

  • Exterior features: Open Balcony
  • Has water view: Yes

Public Info

  • Interior Livable Area: 850 sqft
  • Year Built: 2006
  • APN: 01-32-30-080-0140
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $8,761
  • Tax Year: 2025

HOA Details

  • Has HOA: Yes
  • Amenities included: Barbecue, Other
  • HOA fee: $942/mo
  • Application fee: $150
  • Pet fee: $0

Price History

7/29/2025 Listed for Sale
Source: Miami REALTORS® 		$690,000
$811/sqft
5/27/2025 Rented
Source: Miami REALTORS® 		$3,990
$4/sqft
12/21/2023 Rented
Source: Miami REALTORS® 		$3,900
$4/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$5,482
Principal & Interest $3,580
Property Taxes $730
Home Insurance $230
HOA Fees $942

Walk Score

Walk Score
84
Walk Score®
Very Walkable
Transit Score
68
Transit Score®
Good Transit
Full Walk Score
Bike Score
75
Bike Score®
Very Bikeable

Binary Realty maintains this site for informational purposes only and does not warrant the accuracy of listing data such as lot size, square footage, room counts or school districts. Data is provided in part by the Miami MLS courtesy of the Miami Association of REALTORS® and is for consumers’ personal non-commercial use to identify prospective properties of interest. Information is deemed reliable but not guaranteed; you should verify all details independently.

Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.