725 NE 22nd St, Unit 7B

Miami, FL 33137

$690,000
Price
1
Bed
850 Sq. Ft.
$812 / Sq. Ft.
850
Sq. Ft.
$812
per Sq. Ft.

Description

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....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.
  1. Listed by Raymond De Leon • One Sotheby's International Realty

Property Details for 725 Northeast 22nd Street, Unit 7B

Subdivision
NEW WAVE CONDO
Complex Name
NEW WAVE CONDO
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay
Unit View
Bay
Area
32
LISTING UPDATED: 07/29/2025 05:30 PM

Property Details for 725 Northeast 22nd Street, Unit 7B

StatusActive
MLS #A11768590
Days on Market145
Taxes$8,761 / year
HOA Fees$942 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2006
CountyMiami-Dade County

Building

NEW WAVE

20 StoriesBuilt in 2006

Location

Listing Courtesy of One Sotheby's International Realty
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Building Information for 725 Northeast 22nd Street, Unit 7B

Building/ComplexNEW WAVEFloor7Stories20Residences-Pet Policy-Pet Policy Details-Year Built2006

Payment Calculator

$5,287 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,615

Property Taxes

$730

HOA Dues

$942

The Payment Calculator is for illustrative purposes only.

Property Information for 725 Northeast 22nd Street, Unit 7B

Location Information
Location Information
  • Parcel Number Free Text: 01-32-30-080-0140
  • Parcel Number MLX: 0140
  • MLS Area: 32
  • Municipal Code: 1
  • Township Range: 32
  • Section: 30
  • Subdivision Number: 80
  • Subdivision Complex Bldg: NEW WAVE CONDO
  • Unit Floor Location: 7
  • Total Floors In Building: 20
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Covered Parking, Guest Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 180
  • Num Times Leased Year: 2
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise
  • Water Access: Other
  • Construction: Brick Exterior Construction
  • Construction Type: Brick Exterior Construction
  • Flooring: Ceramic Floor, Other Floors
  • Floor Description: Ceramic Floor, Other Floors
  • Security Information: Doorman, Elevator Secure
Room Information
Room Information
  • Bedroom Description: Other
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Windows Treatment: Blinds/Shades
  • Exterior Features: Open Balcony
  • Maintenance Includes: All Amenities, Hot Water, Pool Service, Security, Water
  • Amenities: Bbq/Picnic Area, Other Amenities
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2025
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required
Rent Status
  • Other Fees: $150

Property History for 725 Northeast 22nd Street, Unit 7B

DateEvent & SourcePriceAppreciation
Jul 29, 2025

Price Change

MiamiRE #A11768590

$690,000
Mar 21, 2025

Listed (Active)

MiamiRE #A11768590

$695,000
Sep 18, 2023

Sold

MiamiRE #A11335753

$560,000
Sep 15, 2023

Sold (Public Record)

Public Record #1520853662

$560,000

+5.8% / yr

Jul 24, 2023

Pending

MiamiRE #A11335753

Jul 24, 2023

Backup Contract

MiamiRE #A11335753

Jun 15, 2023

Price Change

MiamiRE #A11335753

$590,000
Jun 5, 2023

Price Change

MiamiRE #A11335753

$605,000
May 6, 2023

Price Change

MiamiRE #A11335753

$695,000
Mar 23, 2023

Price Change

MiamiRE #A11335753

$715,000
Feb 2, 2023

Price Change

MiamiRE #A11335753

$725,000
Jan 31, 2023

Listed (Active)

MiamiRE #A11335753

$750,000
Aug 30, 2018

Cancelled

MiamiRE #A10037683

May 5, 2016

Sold (Public Record)

Public Record #570378299

$370,000

+3.1% / yr

Feb 20, 2016

Listed (Active)

MiamiRE #A10037683

$399,000
Sep 20, 2006

Sold (Public Record)

Public Record #202804330

$276,300
DateEvent & SourcePrice
07/29/2025

Price Change

MiamiRE #A11768590

$690,000
03/21/2025

Listed (Active)

MiamiRE #A11768590

$695,000
09/18/2023

Sold

MiamiRE #A11335753

$560,000
09/15/2023

Sold (Public Record)

Public Record #1520853662

$560,000

+5.8% / yr

07/24/2023

Pending

MiamiRE #A11335753

07/24/2023

Backup Contract

MiamiRE #A11335753

06/15/2023

Price Change

MiamiRE #A11335753

$590,000
06/05/2023

Price Change

MiamiRE #A11335753

$605,000
05/06/2023

Price Change

MiamiRE #A11335753

$695,000
03/23/2023

Price Change

MiamiRE #A11335753

$715,000
02/02/2023

Price Change

MiamiRE #A11335753

$725,000
01/31/2023

Listed (Active)

MiamiRE #A11335753

$750,000
08/30/2018

Cancelled

MiamiRE #A10037683

05/05/2016

Sold (Public Record)

Public Record #570378299

$370,000

+3.1% / yr

02/20/2016

Listed (Active)

MiamiRE #A10037683

$399,000
09/20/2006

Sold (Public Record)

Public Record #202804330

$276,300

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 725 Northeast 22nd Street, Unit 7B

Taxable ValueLand-Additions-Total-
Tax Record2024$8,761 ($730 / month)
Home Facts
Beds1Total Finished SqFt850 SqFtAbove Grade Finished SqFt850 SqFtStyleCondominiumYear Built2006Zoning4604CountyMIAMI-DADEAPN01-3230-080-0140

Schools near 725 Northeast 22nd Street, Unit 7B

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Phyllis Wheatley Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

725 Northeast 22nd Street, Unit 7B is a condo for sale in Miami, FL 33137. This property was listed for sale on March 21, 2025 by One Sotheby's International Realty, it's currently listed at $690,000. It has been on the market for a total of 145 days and was last sold on September 18, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Phyllis Wheatley Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 725 Northeast 22nd Street, Unit 7B is a 1-bed, 1-bath, 850 sqft condo built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of One Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.