$645,000

725 22nd St #11E, Miami, FL 33137

Bedrooms
1
Baths
1
Living area
850 ft²
Price per ft²
$759 / ft²
Type
Condo
Year built
2006
HOA
$1,203 / mo HOA
On market
110 days on market
MLS #
A12029052

Completely renovated 1-bedroom, 1-bath residence at New Wave — the only unit in the building featuring a true full gut renovation. Open-concept layout with seamless flow between the living, dining, and kitchen areas. Elegant black marble floors throughout. Custom European-style kitchen with floor-to-ceiling cabinetry, smoked glass upper cabinets, integrated appliances, and LED lighting. Designer wallpaper accent walls add texture and sophistication throughout the residence. Custom glass doors allow natural light to flow while maintaining privacy, enhancing the open and airy feel of the space. Built-out walk-in closet featuring LED strip lighting, custom shelving, shoe displays, and integrated drawer systems. Recessed lighting throughout. Zero original finishes remain. Every detail was intentionally curated — this is far beyond a cosmetic renovation. New Wave offers 24-hour concierge, waterfront pool, fitness center, valet parking, and secured entry. Waterfront building designed by renowned architect Kobi Karp in the heart of Edgewater — walkable to Margaret Pace Park and minutes from Wynwood, Design District, Brickell, and Miami Beach. One covered parking space included. Move-in ready. Truly turnkey. Master bedroom chandelier not included in the sale.

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 $759. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 17% below the median.
  • Position in the area’s price distributionThe asking price is $645,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 7% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,203 per month comes to $14,436 a year — 2.2% of the asking price. That amount is deducted from rental yield.

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%$193,500
Term

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

Estimated monthly payment$2,989
Loan amount
$451,500
Total interest over the term
$624,430
Total repaid
$1,075,930

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

Fortune Christie's Intl R.E.

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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