
About New Wave
New Wave is a condominium at 725 NE 22nd St in Edgewater. Residences here come to market for both purchase and annual lease, and every current listing appears below with live pricing direct from the MLS.
Residences range from 1-bedroom homes to 3-bedroom residences. Building amenities include exercise room, bike storage, doorman, elevator secure, elevator(s) and fire alarm. A detailed twelve-month market report — sold and rental pricing, price per square foot and days on market — is published further down this page.
Building Facts
- Address
- 725 NE 22nd St, Miami, FL 33137
- Median Price / SqFt
- $759
New Wave Amenities
- Exercise Room
- Bike Storage
- Doorman
- Elevator Secure
- Elevator(s)
- Fire Alarm
- Fire Sprinklers
- Heated Pool
- Lobby Secured
- Secured Garage/Parking
- Smoke Detector
- Barbecue
- Pool
- Storage
- Trash Chute
- TV Camera
New Wave Residence Features
- Bay
- Dishwasher
- Electric Water Heater
- Open Balcony
- Refrigerator
- Blinds
- Closet Cabinetry
- Disposal
- Dryer
- Electric Range
- Fire Sprinklers
- Self Cleaning Oven
- Walk-In Closet(s)
- Washer
- Water View
- Bar
- Built-in Features
- Ceramic Floor
- Complete Impact Glass
- Custom Mirrors
- Deck
- Marble
- Microwave
- Ocean View
Features vary by residence — confirm details for any specific unit with us.
Floor Plans & Residences at New Wave
Residence configurations observed across current and recent New Wave listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| 1 Bed / 1 Bath | 850 sqft | 3 | — | $540K – $649K | $719 |
| 1 Bed / 2 Bath | 950 sqft | 1 | — | $670K | $705 |
| 2 Bed / 2 Bath | 1,400 sqft | 2 | — | $949K – $1.1M | $750 |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
New Wave Listings






New Wave Market Report
Over the last 12 months, 7 condo sales closed in New Wave at a median of $560K ($659/sqft), median 61 days on market. Median sold prices are down 30.9% year-over-year. 3 leases were signed at a median of $3,500/mo ($3.93/sqft). Computed from recorded MLS closings; updates automatically.
Last 12 Months by Bedroom Count
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 1 Bed | 4 | $540K | $635 | 168 | 2 | $3,500 | $4.00 |
| 2 Bed | 2 | $1.3M | $911 | 35 | 1 | $5,500 | $3.93 |
| 3 Bed | 1 | $1.8M | $961 | 139 | — | — | — |
Month-by-month table — All
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Sep 2025 | — | — | — | — | — | — | — |
| Oct 2025 | — | — | — | — | — | — | — |
| Nov 2025 | — | — | — | — | 1 | $5,500 | $3.93 |
| Dec 2025 | — | — | — | — | — | — | — |
| Jan 2026 | — | — | — | — | — | — | — |
| Feb 2026 | 1 | $475K | $559 | 51 | — | — | — |
| Mar 2026 | 1 | $975K | $696 | 35 | 1 | $3,400 | $4.00 |
| Apr 2026 | 1 | $1.3M | $911 | 13 | — | — | — |
| May 2026 | 2 | $560K | $659 | 168 | — | — | — |
| Jun 2026 | 1 | $1.8M | $961 | 139 | 1 | $3,500 | $3.68 |
| Jul 2026 | 1 | $540K | $635 | 246 | — | — | — |
| Aug 2026 | — | — | — | — | — | — | — |
Location
Similar Buildings to New Wave
Buyers considering New Wave also look at these Edgewater buildings in a similar price range:
New Wave — Frequently Asked Questions
How much does a condo at New Wave cost?
Pricing at New Wave varies by line, floor, view and finish level. Every available residence is listed on this page with live MLS pricing, and the market report above tracks median sold prices and price per square foot over the last twelve months.
Are there condos for sale at New Wave?
Availability at New Wave changes continuously — this page updates directly from the MLS, so every residence currently offered for sale or for rent is listed above with photos, pricing and full details.
Can you rent at New Wave?
New Wave has an active rental market with annual leases regularly available. Current rentals and recent leasing activity, including median rents, appear on this page. Minimum lease terms are set by the association — ask us for the current rental policy.
How is the resale market at New Wave?
New Wave residences trade regularly on the resale market. The market report above shows the last twelve months of closed sales — median pricing, price per square foot and days on market — updated continuously from the MLS.
Where is New Wave located?
New Wave is at 725 NE 22nd St, Miami, FL 33137, in the Edgewater neighborhood of Miami. See the location map above for the exact position and surroundings.
More information about New Wave
New Wave is a condominium building in Edgewater, Miami, FL 33137, in Miami-Dade County. Condos for sale and for rent at New Wave are listed on this page with live MLS pricing, alongside a twelve-month market report covering closed sales, rentals, price per square foot and days on market. Comparable Edgewater buildings include Onyx on the Bay, The Grand, 1800 Club. For private showings, current availability, or off-market opportunities at New Wave, contact Matthew Gromadzki at +1 786-370-8570.
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