For sale

$649,000

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

1beds

850sqft

$4,479/mo

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Condominium

Built in 2006

-- sqft lot

$-- Zestimate^®

$764/sqft

$-- HOA

What's special

Massive oversized terraceHigh ceilings

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.

132 days
99
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Other
Flooring: Other
Doors: High Impact Doors

Interior area

Total structure area: 850
Total interior livable area: 850 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space, Covered, Guest
Attached garage spaces: 1

Features

Patio & porch: Deck
Exterior features: Other, Balcony
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132300800140

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2006

Community & HOA

Community

Security: Smoke Detector, Doorman, Lobby Secured
Application fee: $0
Pet fee: $0
Subdivision: New Wave Condo

HOA

Has HOA: Yes
Amenities included: Fitness Center, Other

Location

Region: Miami

Financial & listing details

Price per square foot: $764/sqft
Tax assessed value: $384,832
Annual tax amount: $7,692
Date on market: 4/24/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/24/2026	Listed for sale	$649,000-5.9%$764/sqft
Source: MIAMI #A12007458 Report a problem
10/1/2025	Listing removed	$690,000$812/sqft
Source: MIAMI #A11768590 Report a problem
7/29/2025	Price change	$690,000-0.7%$812/sqft
Source: MIAMI #A11768590 Report a problem
5/23/2025	Listing removed	$3,990$5/sqft
Source: MIAMI #A11745673 Report a problem
3/21/2025	Listed for sale	$695,000+24.1%$818/sqft
Source: MIAMI #A11768590 Report a problem
3/7/2025	Price change	$3,990-9.1%$5/sqft
Source: MIAMI #A11745673 Report a problem
2/28/2025	Price change	$4,390-2.4%$5/sqft
Source: MIAMI #A11745673 Report a problem
2/14/2025	Listed for rent	$4,500+15.4%$5/sqft
Source: MIAMI #A11745673 Report a problem
12/21/2023	Listing removed	--
Source: MIAMI #A11463132 Report a problem
11/6/2023	Price change	$3,900-2.5%$5/sqft
Source: MIAMI #A11463132 Report a problem
10/25/2023	Price change	$4,000-4.8%$5/sqft
Source: MIAMI #A11463132 Report a problem
10/3/2023	Listed for rent	$4,200+154.5%$5/sqft
Source: MIAMI #A11463132 Report a problem
9/18/2023	Sold	$560,000-5.1%$659/sqft
Source: MIAMI #A11335753 Report a problem
7/25/2023	Contingent	$590,000$694/sqft
Source: MIAMI #A11335753 Report a problem
6/15/2023	Price change	$590,000-2.5%$694/sqft
Source: MIAMI #A11335753 Report a problem
6/5/2023	Price change	$605,000-12.9%$712/sqft
Source: MIAMI #A11335753 Report a problem
5/6/2023	Price change	$695,000-2.8%$818/sqft
Source: MIAMI #A11335753 Report a problem
3/23/2023	Price change	$715,000-1.4%$841/sqft
Source: MIAMI #A11335753 Report a problem
2/2/2023	Price change	$725,000-3.3%$853/sqft
Source: MIAMI #A11335753 Report a problem
1/31/2023	Listed for sale	$750,000+102.7%$882/sqft
Source: MIAMI #A11335753 Report a problem
5/9/2016	Sold	$370,000-4.9%$435/sqft
Source: Public Record Report a problem
2/29/2016	Price change	$389,000-2.5%$458/sqft
Source: Miami Beach - WEICHERT, REALTORS - Best Beach Real Estate #A10037683 Report a problem
2/23/2016	Listed for sale	$399,000+44.4%$469/sqft
Source: Miami Beach - WEICHERT, REALTORS - Best Beach Real Estate #A10037683 Report a problem
11/17/2011	Listing removed	$1,650$2/sqft
Source: Basler International Realty LL #A1561280 Report a problem
10/13/2011	Listed for rent	$1,650+3.1%$2/sqft
Source: Basler International Realty LL #A1561280 Report a problem
3/23/2011	Listing removed	$1,600$2/sqft
Source: Brickell Brokers Report a problem
9/22/2006	Sold	$276,300$325/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,692 -12.2%	$384,832 -12%
2024	$8,761 +26.9%	$437,309 +45.4%
2023	$6,905 +20.8%	$300,687 +10%
2022	$5,717 +8.3%	$273,352 +10%
2021	$5,280 +4.7%	$248,502 +5%
2020	$5,041 -16.2%	$236,669 -16%
2019	$6,014 -3.2%	$281,749 -5%
2018	$6,212	$296,578
2017	$6,212 -1.1%	$296,578 +16.7%
2016	$6,283 +56.9%	$254,149 +0.7%
2015	$4,004 -1.3%	$252,383 +0.8%
2014	$4,054 +56.4%	$250,380 +122.5%
2013	$2,593	$112,509 +10%
2012	$2,593 +7.2%	$102,281 +10%
2011	$2,419 +18.2%	$92,983 +10%
2010	$2,046 -47.4%	$84,530 -50%
2009	$3,887 -27.4%	$169,050 -30%
2007	$5,350	$241,500