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$620,000

725 22nd St #12C, Miami, FL 33137

Bedrooms
1
Baths
2
Living area
950 ft²
Price per ft²
$653 / ft²
Type
Condo
Year built
2006
HOA
$1,345 / mo HOA
On market
2 days on market
MLS #
A12107193

Enjoy unobstructed Biscayne Bay views from this beautiful 1-bedroom, 2-bath residence with a versatile den, ideal for a home office or additional flex space. The unit features elegant marble flooring, an open kitchen with granite countertops, stainless steel appliances, and a new stove and refrigerator. New Wave Condominium is a boutique contemporary building offering an excellent collection of amenities, including a heated pool, modern fitness center with bay views, 24-hour security, and on-site management. **All assessments have been paid in full**, providing added peace of mind for the next owner. Located in the heart of Edgewater, just blocks from Publix, the Ziff Opera House, Kaseya Center, Wynwood, the Design District, museums, and an outstanding selection of restaurants and entertainment. Enjoy waterfront living with convenient access to some of Miami’s most vibrant neighborhoods. An excellent opportunity to own a bay-view residence in one of Miami’s most desirable urban neighborhoods.

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 $653. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 28% below the median.
  • Position in the area’s price distributionThe asking price is $620,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 9% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,345 per month comes to $16,140 a year — 2.6% 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%$186,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,005
Loan amount
$434,000
Total interest over the term
$647,774
Total repaid
$1,081,774

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

PropertySmart Real Estate

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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