Sold for $1,275,000

$1,275,000

725 NE 22nd St #Penthouse 2f, Miami, FL 33137

2beds

1,400sqft

Condominium

Built in 2006

-- sqft lot

$1,243,600 Zestimate^®

$911/sqft

$5,474 Estimated rent

Home value

$1,243,600

$1.18M - $1.31M

$5,474/mo

Zestimate^® history

Owner options

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$5,474/mo

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$5,474/mo

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$10,698/mo

Est. payment

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$10,698/mo

Est. payment

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What's special

Waterfront poolLight-drenched penthouseDirect bay viewsDesigner kitchenBuilt-in closet upgradesThree balconies

Best-in-class, turn-key, light-drenched penthouse with direct bay views, three balconies, a designer kitchen, and 12-foot ceilings, in a boutique building with A+ finances. No expense spared in the recent luxurious upgrades, including: custom built-ins for primary and secondary bedrooms, built-in closet upgrades, and a stunning marble wall entertainment wall–equipped with a fireplace effect using steam and light. This well-appointed and pristine unit is perfect for the buyer who wants a fully-renovated and tasteful, yet singular masterpiece designed with the end-user in mind. Offered fully furnished, including a sauna in the second balcony—and excluding art and collectibles. Amenities include first two parking spaces, a waterfront pool, fitness center, and 24/7 concierge service.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Oven

Features

Built-in Features, Closet Cabinetry, Kitchen Island, Custom Mirrors, Walk-In Closet(s)
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Blinds
Furnished: Yes
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces
Garage spaces: 2

Features

Exterior features: Balcony
Pool features: Association
Fencing: Privacy
Has view: Yes
View description: Bay, Intracoastal View, Ocean
Has water view: Yes
Water view: Bay,Intracoastal View,Ocean
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132300800770

Construction

Type & style

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

Materials

Concrete Block Construction

Condition

Completely Renovated
Year built: 2006

Community & HOA

Community

Security: Doorman
Application fee: $150
Pet fee: $0
Subdivision: New Wave Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Playground, Exterior Lighting, Pool
HOA fee: $1,982 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $911/sqft
Tax assessed value: $881,748
Annual tax amount: $16,919
Date on market: 3/9/2026
Listing terms: All Cash,Conventional,FHA,FHA-Va Approved

Price history

Date	Event	Price
4/30/2026	Sold	$1,275,000-1.5%$911/sqft
Source: MIAMI #A11979345 Report a problem
3/23/2026	Pending sale	$1,295,000$925/sqft
Source: MIAMI #A11979345 Report a problem
3/10/2026	Listed for sale	$1,295,000+16.1%$925/sqft
Source: MIAMI #A11979345 Report a problem
7/1/2024	Sold	$1,115,000-3%$796/sqft
Source: MIAMI #A11459496 Report a problem
6/21/2024	Pending sale	$1,150,000$821/sqft
Source: MIAMI #A11459496 Report a problem
5/16/2024	Contingent	$1,150,000$821/sqft
Source: MIAMI #A11459496 Report a problem
5/7/2024	Price change	$1,150,000-11.5%$821/sqft
Source: MIAMI #A11459496 Report a problem
2/12/2024	Price change	$1,300,000+8.3%$929/sqft
Source: MIAMI #A11459496 Report a problem
9/27/2023	Listed for sale	$1,200,000+81.8%$857/sqft
Source: MIAMI #A11459496 Report a problem
7/21/2021	Sold	$660,000+1.5%$471/sqft
Source: MIAMI #A11033012 Report a problem
7/7/2021	Pending sale	$650,000$464/sqft
Source: MIAMI #A11033012 Report a problem
4/26/2021	Listed for sale	$650,000+20.4%$464/sqft
Source: MIAMI #A11033012 Report a problem
11/6/2006	Sold	$540,000$386/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,624 +26%	$881,748 +35.5%
2024	$13,988 +6.2%	$650,970 +10%
2023	$13,174 +18.8%	$591,791 +10%
2022	$11,091 +16.4%	$537,992 +20%
2021	$9,525 +4.7%	$448,327 +5%
2020	$9,094 -16.2%	$426,978 -16%
2019	$10,851 -18.5%	$508,307 -20%
2018	$13,308	$635,384 +4.5%
2017	$13,308 +1.8%	$607,758 +10%
2016	$13,068 +78.3%	$552,508 +130.5%
2015	$7,329 +22.8%	$239,706 +10%
2014	$5,967 +30.7%	$217,915 +10%
2013	$4,566	$198,105 +10%
2012	$4,566 +7.2%	$180,096 +10%
2011	$4,260 +18.2%	$163,724 +10%
2010	$3,603 -47.4%	$148,840 -50%
2009	$6,844 -27.4%	$297,680 -30%
2007	$9,421	$425,250