Price Check
How this price compares
- List price
- $649,000
- Price per sq ft
- $764
- Original price
- Unchanged
- Days on market
- 73
This 1-bedroom condo in New Wave Condo is listed at $649,000, or $764 per square foot. It has been on the market for 73 days.
Estimated monthly payment
$3,411 /mo
Principal and interest only, based on $129,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,203/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $649,000
- Days on Site
- 73 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 850 sqft
- Total Sq Ft
- 850 sqft
- Year Built
- 2006
- Property Type
- Condo
- MLS #
- A12007458
- Property Tax
- $7,692 (2025)
- HOA Fees
- $1,203 / Monthly
- Subdivision
- NEW WAVE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Own a view that can never be replicated in this price point. This condo at New Wave presents a rare opportunity to secure a 1-bedroom with direct, unobstructed views of Biscayne Bay, a view that now commands millions in neighboring Edgewater towers. This residence features high ceilings and a massive, oversized terrace that feels more like a private outdoor patio. Nestled in a boutique building in Miami’s most in-demand neighborhood, you are minutes from the Design District, Downtown, and Brickell. Enjoy premium amenities and the same elite bay breezes as the luxury developments next door for a fraction of the price. Boutique luxury meets an incomparable waterfront lifestyle in the heart of Edgewater.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2006
- Property Condition
- Resale
- Number of Stories
- 0
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Covered / Garage / Guest
- Direction Faces
- East
- Living Sq Ft
- 850
- Total Sq Ft
- 850
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Interior Features
- Other
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Patio & Porch
- Deck / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- View
- Bay
Community & HOA
- HOA Fee
- $1,203 / Monthly
- HOA Includes
- Hot Water / Water
- Association Amenities
- Fitness Center / Maintenance Grounds / Other
- Security
- Security System / Lobby Secured / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2320
This home's HOA fee works out to $1,203 a month, in line with the $1,203 median across 7 homes for sale in New Wave Condo. See New Wave Condo HOA fees
Schools
- Elementary School
- Phillis Wheatley
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
New Wave Condo is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $565,000 to $1,200,000. Homes were built starting 2006. Pure Equity lists homes in New Wave and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 7
- Median List Price
- $649,000
- Median $/Sq Ft
- $705
- Avg Days on Market
- 86
Frequently Asked Questions
- How do I schedule a tour of 725 NE 22nd Street 7B, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 725 NE 22nd Street 7B, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 725 NE 22nd Street 7B, Miami, FL 33137 still available?
- 725 NE 22nd Street 7B, Miami, FL 33137 is currently listed as Active, and has been on the market 73 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 725 NE 22nd Street 7B, Miami, FL 33137?
- With 20% down ($129,800) on the $649,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 725 NE 22nd Street 7B, Miami, FL 33137 is about $3,411/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 725 NE 22nd Street 7B, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 725 NE 22nd Street 7B, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 725 NE 22nd Street 7B, Miami, FL 33137 have an HOA fee?
- Yes: 725 NE 22nd Street 7B, Miami, FL 33137 carries an HOA fee of about $1,203 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 725 NE 22nd Street 7B, Miami, FL 33137?
- 725 NE 22nd Street 7B, Miami, FL 33137 is zoned for Phillis Wheatley (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 725 NE 22nd Street 7B, Miami, FL 33137?
- Often, yes. The right offer on 725 NE 22nd Street 7B, Miami, FL 33137 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$649,000
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Listed by Raymond Anthony De Leon, One Sotheby's International Realty
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Recent Sales
Recently sold homes in New Wave Condo
These are the last 6 recorded closings in New Wave Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $659 per square foot. The most recent closed on September 11, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$500,000
Sold · September 11, 2026
725 NE 22nd Street 8B
1 bed · 1 bath · 850 sqft · $588/sqft
$15,000 under the asking price
Sold$540,000
Sold · July 31, 2026
725 NE 22nd Street 16B
1 bed · 1 bath · 850 sqft · $635/sqft
$25,000 under the asking price
Sold$530,000
Sold · May 12, 2026
725 NE 22nd Street 17E
1 bed · 1 bath · 850 sqft · $624/sqft
$19,000 under the asking price
Sold$560,000
Sold · May 11, 2026
725 NE 22nd Street PH2B
1 bed · 1 bath · 850 sqft · $659/sqft
$35,000 under the asking price
Sold$1,275,000
Sold · April 30, 2026
725 NE 22nd Street PH2F
2 bed · 2 bath · 1,400 sqft · $911/sqft
$20,000 under the asking price
Sold$975,000
Sold · March 2, 2026
725 NE 22nd Street PH1A
2 bed · 2 bath · 1,400 sqft · $696/sqft
$20,000 under the asking price
See every recorded sale in New Wave Condo or find out what your New Wave Condo home is worth.
