RENTED MAY 26, 2025

New Wave 725 NE 22nd St Unit 7B Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $596,000 - $715,000

1 Bed
1 Bath
850 Sq Ft
2006 Built

Highlights

  • Property Fronts a Bay or Harbor
  • Outdoor Pool
  • Resident Manager or Management On Site
  • Fitness Center
  • No HOA
  • 1 Car Garage

About This Home

As of May 2025

Welcome to New Wave, a boutique waterfront gem in Edgewater—one of Miami’s most sought-after neighborhoods! This rare 1-bedroom unit boasts high ceilings and direct, unobstructed bayfront views of Biscayne Bay. Enjoy the serenity of your oversized terrace, perfect for soaking in million-dollar vistas. Building amenities include a bayfront pool, fitness center, and 24-hour front desk concierge. Just minutes from Wynwood, the Design District, and Downtown Miami, this prime location offers the best of city living. Assigned parking included. Easy to show.

Last Agent to Rent the Property

Raymond De Leon

One Sotheby's International Realty License #3319128 Listed on: 02/14/2025

One Sotheby's International Realty

Last Renter's Agent

Alex Fernandez-Pascual

Fortune Christie's International Real Estate License #0698062

Fortune Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 2006

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 850 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Outdoor Pool

Listing and Financial Details

  • Property Available on 3/1/25
  • Assessor Parcel Number 01-32-30-080-0140

Community Details

Overview

  • No Home Owners Association
  • New Wave Condo
  • New Wave Condo Subdivision

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,761

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-03-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: NEW WAVE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 850

Exterior Features

  • View: Bay
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NEW WAVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Exercise Room, Management On Site

Lot Info

  • Parcel Number: 01-32-30-080-0140
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4604
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Gypsy Green Llc
Bought by
Levi Ezra Joel
Current Estimated Value
$661,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,400
Outstanding Balance
$488,142
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$173,381

Purchase Details

Closed on
May 5, 2016
Sold by
Shalom Barbara J
Bought by
Gypsy Green Llc

Purchase Details

Closed on
Sep 20, 2006
Sold by
Be 22 Llc
Bought by
Shalom Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Levi Ezra Joel $560,000 Florida Secured Title
Gypsy Green Llc $370,000 Brokers Title Group Llc
Shalom Barbara J $276,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levi Ezra Joel $498,400
Previous Owner Shalom Barbara J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2025 05/26/25 Rented $3,700 -7.3% --
05/23/2025 05/23/25 Under Contract -- -- --
03/07/2025 03/07/25 Price Changed $3,990 -9.1% $5 / Sq Ft
02/28/2025 02/28/25 Price Changed $4,390 -2.4% $5 / Sq Ft
02/14/2025 02/14/25 For Rent $4,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,761 $384,832 -- --
2024 $6,905 $437,309 -- --
2023 $6,905 $300,687 $0 $0
2022 $5,717 $273,352 $0 $0
2021 $5,280 $248,502 $0 $0
2020 $5,041 $236,669 $0 $0
2019 $6,014 $281,749 $0 $0
2018 $6,212 $296,578 $0 $0
2017 $6,283 $296,578 $0 $0
2016 $3,957 $254,149 $0 $0
2015 $4,004 $252,383 $0 $0
2014 $4,054 $250,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raymond De Leon

    Landlord's Agent in 2025

    Raymond De Leon

    One Sotheby's International Realty

    (305) 984-1379

    2 in this area

    23 Total Sales

    Raymond De Leon
    Section Image
  • Alex Fernandez-Pascual

    Tenant's Agent in 2025

    Alex Fernandez-Pascual

    Fortune Christie's International Real Estate

    (305) 695-4131

    5 in this area

    12 Total Sales

    Alex Fernandez-Pascual
    Section Image
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About New Wave

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11745673

MIAMI REALTORS® MLS

APN: 01-3230-080-0140

Florida Miami/Dade County Miami 33137 Edgewater

725 NE 22nd St Unit 7B, Miami, FL

Not Listed for Sale

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