MIAMI PRIMECondos

New Wave Building Guide

725 NE 22nd St, Miami, FL 33137 · Miami

7 for sale0 for rent$525K – $1.1M$678 / sqft median

Inside New Wave

On 725 NE 22nd St in Edgewater, New Wave is a residential condominium. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.

The layouts seen in recent MLS activity run from 1-bedroom plans up to 3-bedroom residences. Shared facilities on record for the building include doorman, elevator(s), exercise room, pool, elevator secure and lobby secured — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for New Wave further down.

Building Record

Address
725 NE 22nd St, Miami, FL 33137
Median Price / SqFt
$678

Shared Amenities at New Wave

  • Doorman
  • Elevator(s)
  • Exercise Room
  • Pool
  • Elevator Secure
  • Lobby Secured
  • Card Entry
  • Complex Fenced
  • Exterior Lighting
  • Heated Pool
  • Secured Garage/Parking
  • Trash Chute

In-Unit Features at New Wave

  • Bay
  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Open Balcony
  • Refrigerator
  • Washer
  • Closet Cabinetry
  • Disposal
  • Blinds
  • Ceramic Floor
  • Clear Impact Glass
  • Den/Library/Office
  • Electric Water Heater
  • First Floor Entry
  • Marble
  • No Additional Rooms
  • Other Equipment/Appliances
  • Skyline
  • Tile
  • Trash Compactor
  • Water View
  • Wood

Finishes differ from unit to unit; check any feature against the specific listing before relying on it.

Layouts & Floor Plans in New Wave

Unit layouts recorded in New Wave listings, active and recently closed:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 1 Bath850 sqft3—$525K – $645K$670
1 Bed / 2 Bath950 sqft2—$620K – $670K$679
2 Bed / 2 Bath1,400 sqft2—$949K – $1.1M$750

Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.

New Wave Listings

New Wave — Units for Sale

New Wave: Twelve-Month Condo Readout

A rolling year of recorded closings and signed leases for New Wave, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.

Closed sales:
8
Median closed:
$560K
Per sqft:
$659
Median days to sell:
61
Year over year:
−30.9%
Leases signed:
3
Median rent:
$3,500/mo ($4.00/sqft)
0$1.3M$2.5MDecJanFebMarAprMayJunJulAugSepOctNovFeb: $475K (1 sales)Mar: $975K (1 sales)Apr: $1.3M (1 sales)May: $560K (2 sales)Jun: $1.8M (1 sales)Jul: $540K (1 sales)Sep: $500K (1 sales)$475K$1.8M$500K
$560K
Median (12 mo)
8
Sales (12 mo)
61 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed5$530K$624612$3,500$4.00
2 Bed2$1.3M$911351$5,600$4.00
3 Bed1$1.8M$961139———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Dec 2025———————
Jan 2026———————
Feb 20261$475K$55951———
Mar 20261$975K$696351$3,400$4.00
Apr 20261$1.3M$91113———
May 20262$560K$659168———
Jun 20261$1.8M$9611391$3,500$3.68
Jul 20261$540K$635246———
Aug 2026———————
Sep 20261$500K$58823———
Oct 2026————1$5,600$4.00
Nov 2026———————

Where New Wave Sits

Towers to Compare With New Wave

Comparable Edgewater buildings whose current listings overlap the New Wave price band — worth touring side by side:

Questions Buyers Ask About New Wave

Which association documents should I review before buying at New Wave?

Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where New Wave stands on both.

Does New Wave allow pets?

Pet policy is set by the New Wave association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.

What leasing rules apply to owners at New Wave?

Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.

How do view lines and floor height affect value at New Wave?

Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in New Wave face which direction before you build a shortlist.

Does a unit at New Wave come with parking?

Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.

How does Gromadzki Real Estate price a unit in New Wave?

Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in Edgewater. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.

What is the street address of New Wave?

The building's address is 725 NE 22nd St, Miami, FL 33137 — part of Edgewater. The map lower on this page pins its exact location.

New Wave: Building Notes

Building file: New Wave, Edgewater, Miami, Florida 33137 (Miami-Dade County). Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing New Wave usually tour Onyx on the Bay, Quadro and Blue on the Bay as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.