New Wave Unit 8E For Sale
Property Details
| Asking Price | $538,000 |
|---|---|
| Price per SqFt | $633 |
| Maintenance Fee | $1,203 Monthly |
| Property Taxes | $2,571 2025 |
| Interior Space | 850 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2006 |
| MLS # | A12087389 |
Location
From the listing
Waterfront living in the heart of Edgewater! This beautifully maintained 1BR/1BA residence at New Wave offers 850 SF of interior living space plus an oversized private terrace finished with Jerusalem stone and overlooking Biscayne Bay. Floor-to-ceiling impact glass fills the residence with natural light, while real wood floors add warmth and character throughout. Spacious living and dining areas, open kitchen, in-unit washer/dryer and ample storage. New Wave is a boutique bayfront condominium offering a waterfront pool, fitness center, resident lounge, 24-hour security, valet and covered parking. An important advantage in today's condo market: the building is financially sound with low HOA fees, its required SIRS and reserve studies have been completed, and current assessments have been paid—providing buyers greater confidence regarding the building's financial preparedness. Ideally located across from Margaret Pace Park and minutes from Wynwood, Design District, Downtown, Brickell and Miami Beach.
Listed by MDS Real Estate Services, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,203 a month; taxes $2,571 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · New Wave Unit 8E
Sales history is unavailable for this property
What Other Units Have Been Selling For at New Wave
8 units sold at New Wave in the last 12 months at an average of $746/SqFt · This unit (8E) is asking $633/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 8B | $500,000$588/SqFt | 97% | 9/11/26 |
| 16B | $540,000$635/SqFt | 96% | 7/31/26 |
| 17E | $530,000$624/SqFt | 97% | 5/12/26 |
| PH2B | $560,000$659/SqFt | 94% | 5/11/26 |
| 9E | $475,000$559/SqFt | 92% | 2/26/26 |
| 17D | $550,000$579/SqFt | 93% | 3/13/25 |
| 9D | $550,000$579/SqFt | 95% | 5/31/24 |
| 11C | $510,000$537/SqFt | 88% | 4/5/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by MDS Real Estate Services, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
New Wave Unit 8E, 725 NE 22 St · MLS A12087389 · $538,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at New Wave
At New Wave, 7 units are for sale and 8 sold in the last 12 months at an average of $746 per SqFt. Unit 8E asks $633 per SqFt, below the building's recent sold average. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.