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Property photos —
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12042984
$524,900

↓ Price reduced $15,100 on Sep 22, 2026

725 NE 22nd Street 14E, Miami, FL 33137

Beds
1
Baths
1
Sqft
850
Est. payment$4,750/mo
Home type
Condominium
Year built
2006
Lot size
—
Price / sqft
$618
HOA
$1,203/mo
Community
NEW WAVE CONDO

Property description

Own a view that can never be replicated at this price point. This exceptional 1-bedroom residence at New Wave Condominium offers breathtaking, direct, unobstructed views of Biscayne Bay that today command multi-million-dollar premiums in neighboring Edgewater towers. Designed by acclaimed architect Kobi Karp, this residence features high ceilings, beautiful wood floors, custom-built closets, electric shades, and an oversized private terrace that feels more like an outdoor living room overlooking the bay. Located in the heart of Edgewater, one of Miami’s most desirable waterfront neighborhoods, New Wave offers resort-style amenities including a waterfront lap pool, fitness center with cardio and strength-training equipment, meditation garden, resident lounge with water views, 24-hour concierge, 24-hour security, secured entry, valet parking, and one covered parking space included with the unit. Enjoy an unbeatable location directly across from Margaret Pace Park with tennis, basketball, and volleyball courts, while being just minutes from the Miami Design District, Wynwood, Downtown Miami, Brickell, and Miami Beach. A rare opportunity to own a true waterfront retreat with forever views in one of Miami’s most vibrant locations.

Listing activity

Days on market
90
Listed
Jun 24, 2026
MLS listing updated
Sep 22, 2026
Feed last checked
6 minutes ago

Listed by Estela Serrano · Serrano & Associates Real Estate, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Flooring
Ceramic Tile, Laminate
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
Furnished
Unfurnished
Window features
Blinds

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1
Parking features
Detached, Detached Garage, Garage, Garage Door Opener, Guest
Attached garage
No

Exterior

Stories
20
Building area
850 sqft
Entry level
1
Exterior features
Balcony
View
Bay
Waterfront
None, Bay
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
2006

Materials

Construction
Block
Utilities & green energy

Utilities

Utilities
Cable Available
Community & HOA

Community

Subdivision
NEW WAVE CONDO
MLS area
2320
Security
Elevator Secure, Lobby - Attended, Secured Garage/Parking, Security Fence, Security System
Pets allowed
Yes
55+ community
Yes

Association

Has association
Yes
Association fee
$1,203 monthly
Estimated monthly dues
$1,203
Amenities
Maintenance, Pool, Elevator(s), Fitness Center
Services included
Common Areas, Maintenance Structure
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33137
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12042984
Possession
Close Of Escrow, Negotiable
Original list price
$540,000
Parcel number
0132300800590
Annual property tax
$6,735
Tax year
2025
Tax legal description
NEW WAVE CONDO UNIT 14E UNDIV 13.28% INT IN COMMON ELEMENTS OFF REC 24387-2932 COC 24944-0101 09 2006 1
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Elevator(s), Fitness Center
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Maintenance Structure
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
850
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
90
Elementary School
Phillis Wheatley
High School
Booker T. Washington
List Price
524900
Listing Contract Date
2026-06-24
Living Area
850
MLSArea Major
2320
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-06-24
Photos Count
23
Postal Code
33137
Price Change Timestamp
2026-09-22T21:40:42Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Elevator Secure, Lobby - Attended, Secured Garage/Parking, Security Fence, Security System
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-24T04:00:00Z
Stories Total
20
Subdivision Name
NEW WAVE CONDO
Waterfront Features
None, Bay
Tax Annual Amount
6735
Bathrooms Full
1
Bedrooms Total
1
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
1203

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 24, 2026ListedMIAMI REALTORS® MLS$540,000$635/sqft
Sep 22, 2026Price reducedMIAMI REALTORS® MLS$524,900$618/sqft

Public tax history

YearProperty taxesAssessment
2025$6,735—

Payment calculator

Estimated monthly payment$4,750/moIllustrative estimate, not a loan offer.
Principal & interest
$2,724
Property taxes
$561
Insurance
$262
Association dues
$1,203

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

NEW WAVE CONDO

Miami · Miami-Dade County · 33137

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Phillis WheatleyElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

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12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Serrano & Associates Real Estate, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.