NOT LISTED FOR SALE

New Wave 725 NE 22nd St Unit PH3C Floor 19 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $643,000 - $1,810,000

3 Beds
3 Baths
1,900 Sq Ft
2006 Built

Sale Details

Date Sold: June 12, 2026

Last sale price $1,825,000 $961 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $10,621 / mo

139 Days on Market

About This Home

As of June 2026

This stunning fully furnished 2 bedroom + den / 2.5 bath residence is a rare combination of units PH3C & PH3D, offering 1,900 sq ft of fully remodeled living space and a private rooftop terrace. Located in the New Wave waterfront condo in Miami’s Edgewater, it features 12-foot ceilings, floor-to-ceiling windows, granite countertops, and sleek European-style cabinetry, all with breathtaking direct water views. Enjoy resort-style amenities including a bayfront lap pool, fitness center, meditation garden, resident lounge, valet, covered parking, and 24-hour security. Just minutes from South Beach, Brickell, Downtown, Wynwood, and Margaret Pace Park. Fully furnished as pictured, wall art not included. folio:01-3230-080-0390 + folio:01-3230-080-0520Fully furnished as pictured, wall art not included.

Last Agent to Sell the Property

Peggy Olin

One World Properties License #706658 Listed on: 05/29/2025

Co-Listed By

Irene Arditi

New Wave Realty, LLC. License #3232724

Last Buyer's Agent

Christopher Christensen

One Luxury International LLC License #3189396

One Luxury International LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

Condominium

Year Built

2006

Lot Details

0 Sq Ft Lot

HOA Fees

$2,444 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: To reach 725 NE 22nd St, Miami, FL, 33137, use google maps.
  • Year Built: 2006
  • Entry Level: 19
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Dual Sinks, Elevator, Living/Dining Room, Other, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Wood
  • Living Area: 1900.0
  • Stories: 20

Exterior Features

  • Exterior Features: Other
  • View: Bay, Other, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Bayfront, Other
  • Waterfront: Yes
  • Construction Type: Other
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage

Utilities

  • Other Equipment: Other
  • Security: Security System, Lobby Secured, Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2444.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Hobby Room, Management, Other, Pool, Parking, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Security, Trash

Schools

  • Elementary School: Phillis Wheatley
  • High School: Booker T. Washington
  • Middle Or Junior School: Jose De Diego

Lot Info

  • Parcel #: 0132300800390
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19282.0

Multi Family

  • Number Of Units In Community: 78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 2, 2026
Sold by
Peggy Olin and Peggy Olin Revocable Trust
Bought by
Seller's Agent
Peggy Olin
One World Properties
Buyer's Agent
Christopher Christensen
One Luxury International LLC
List Price
$1,975,000
Sold Price
$1,825,000
Premium/Discount to List
-$150,000
-7.59%
Views
35
Current Estimated Value
$1,342,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$482,712
Avg. Annual Appreciation
-69.32%

Purchase Details

Closed on
Mar 17, 2022
Sold by
Peggy Olin
Bought by
Peggy Olin Revocable Trust

Purchase Details

Closed on
Jul 18, 2021
Sold by
Arditi Jeremy A
Bought by
Olin Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
2.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2007
Sold by
Be 22 Llc
Bought by
Arditi Jeremy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.22%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Edgewater, FL

  • Jerome Cherki Real Estate Agent - Compass Florida, LLC

    Jerome Cherki

    Responds Quickly

    Compass Florida, LLC

    (844) 292-0173

    51 Total Sales

    1 in Edgewater

    $1,000,000 Price

    Jerome Cherki
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  • Benjamin Anaman Real Estate Agent - Prospect Equities

    Benjamin Anaman

    Prospect Equities

    (888) 861-5927

    26 Total Sales

    4 in Edgewater

    $825K - $1.7M Price Range

    Benjamin Anaman
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  • Vlada Zelikov Real Estate Agent - South Florida Paradise Realty LLC

    Vlada Zelikov

    South Florida Paradise Realty LLC

    (678) 884-4704

    67 Total Sales

    1 in Edgewater

    $480,000 Price

    Vlada Zelikov
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  • Jarrod Gaylis Real Estate Agent - Perfect Properties of Florida Real Estate

    Jarrod Gaylis

    Perfect Properties of Florida Real Estate

    (786) 983-8995

    48 Total Sales

    1 in Edgewater

    $590,000 Price

    Jarrod Gaylis
     Section Image
  • Cindy Perez Done Real Estate Agent - Compass Florida, LLC

    Cindy Perez Done

    Compass Florida, LLC

    (877) 810-8402

    24 Total Sales

    3 in Edgewater

    $355K - $3.1M Price Range

    Cindy Perez Done
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  • Alvaro Angulo Real Estate Agent - Uncommon Properties

    Alvaro Angulo

    Responds Quickly

    Uncommon Properties

    (754) 714-4087

    52 Total Sales

    1 in Edgewater

    $410,000 Price

    Alvaro Angulo
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,825,000 Network Closing Services
Peggy Olin Revocable Trust -- Maclean And Ema
Olin Peggy $1,140,000 Attorney
Arditi Jeremy A $402,400 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,485,770
Previous Owner Olin Peggy $855,000
Previous Owner Arditi Jeremy A $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 Sold $1,825,000 -7.6% $961 / Sq Ft
10/15/2025 10/15/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $1,975,000 0.0% $1,039 / Sq Ft
07/20/2017 07/20/17 Rented $4,750 -5.0% --
07/16/2017 07/16/17 Under Contract -- -- --
05/03/2017 05/03/17 For Rent $5,000 +6.4% --
03/16/2015 03/16/15 Rented $4,700 -6.0% --
02/14/2015 02/14/15 Under Contract -- -- --
02/13/2015 02/13/15 For Rent $5,000 +11.1% --
04/18/2014 04/18/14 Rented $4,500 0.0% --
04/18/2014 04/18/14 For Rent $4,500 +12.5% --
03/15/2013 03/15/13 Rented $4,000 0.0% --
02/13/2013 02/13/13 Under Contract -- -- --
01/10/2013 01/10/13 For Rent $4,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,817 $441,140
2024 $9,631 $501,295
2023 $9,631 $468,500 $0 $0
2022 $6,754 $327,622 $0 $0
2021 $6,053 $284,889 $0 $0
2020 $5,757 $271,323 $0 $0
2019 $5,791 $323,003 $0 $0
2018 $5,458 $340,003 $0 $0
2017 $5,254 $202,683 $0 $0
2016 $5,162 $184,258 $0 $0
2015 $4,962 $167,508 $0 $0
2014 $4,433 $152,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PO

    Seller's Agent in 2026

    Peggy Olin

    One World Properties

  • Christopher Christensen Real Estate Agent - One Luxury International LLC

    Buyer's Agent in 2026

    Christopher Christensen

    One Luxury International LLC

    (407) 312-8003

    1 in this area

    224 Total Sales

    Christopher Christensen
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  • Brian Rokicki Real Estate Agent - Compass Florida, LLC

    Buyer's Agent in 2017

    Brian Rokicki

    Compass Florida, LLC

    (917) 499-6460

    3 in this area

    43 Total Sales

    Brian Rokicki
    Section Image
  • Irene Arditi Real Estate Agent - New Wave Realty, LLC.

    Seller's Agent in 2015

    Irene Arditi

    New Wave Realty, LLC.

    (305) 530-1212

    7 in this area

    12 Total Sales

    Irene Arditi
    Section Image

  • DB

    Buyer's Agent in 2015

    Dorottya Barna

    MMLS Assoc.-Inactive Member

  • RS

    Buyer's Agent in 2014

    Rita Santos

    MMLS Assoc.-Inactive Member

See All Agents

About New Wave

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11810775

MIAMI REALTORS® MLS

APN: 01-3230-080-0390

Florida Miami/Dade County Miami 33137 Edgewater

725 NE 22nd St Unit PH3C, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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