$649,000

725 22nd St #7B, Miami, FL 33137

Bedrooms
1
Baths
1
Living area
850 ft²
Price per ft²
$764 / ft²
Type
Condo
Year built
2006
On market
151 days on market
MLS #
A12007458

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.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $764. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 16% below the median.
  • Position in the area’s price distributionThe asking price is $649,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 6% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$194,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$3,007
Loan amount
$454,300
Total interest over the term
$628,303
Total repaid
$1,082,603

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

One Sotheby's International Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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