Manhattan condos $1,629/sf ▴2%Manhattan co-ops $283K/room ▴5%Central Park perimeterPark Ave $478K/room ▴19%CPW $350K/room ▴5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,272/sf ▴24%Tribeca $1,941/sf ▾2%
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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·Edgewater·Condominium

New Wave

725 Ne 22 Street, Miami, FL 33137

Edgewater

Folio 0132300800001

At a glance
Year built
2006
Residences
76
Building area
82,250 sq ft
Median residence
950 sq ft
FEMA flood zone
Zone AE · BFE 10 ft
Latest arms-length sale
$530,000 · May 2026
Median sale (10 yr)
$527,000
Recorded transfers
242

New Wave is a 76-residence condominium building at 725 Ne 22 Street, in Edgewater, completed in 2006. It has a median residence of 950 square feet.

The recorded market runs to 175 arms-length sales since 2006, an annual turnover rate of 6.6 percent of the building over the past decade, and a median of $376 per square foot. Across 99 same-unit resales, 73 percent sold above their prior recorded price, with a median gain of 17 percent over a median hold of 7.2 years. The 12 sales since 2023 carry a median of $641 per square foot, against a record that opens in 2006 and spans several market cycles.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Aug 2006. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
May 202617E850 sf$530,000✓
May 2026PH2B850 sf$560,000✓
Apr 2026PH2F1,400 sf$1,275,000✓
Feb 2026PH1A1,400 sf$975,000✓
Feb 20269E850 sf$475,000✓
Aug 202516A1,400 sf$810,000✓
Mar 202517D950 sf$550,000
Jul 2024PH2F1,400 sf$1,115,000✓
May 20249D950 sf$550,000✓
Mar 202411C950 sf$510,000✓
Sep 20237B850 sf$560,000✓
Sep 202317A1,400 sf$940,000✓
Feb 202312F1,400 sf$850,000✓
Dec 20227E850 sf$705,000✓
Nov 202216B850 sf$530,000✓
Sep 202214A1,400 sf$920,000✓
Aug 20227A1,400 sf$1,235,000✓
Apr 202210A1,400 sf$800,000✓
Apr 20228F1,400 sf$684,000✓
Apr 20228D950 sf$511,000✓
Apr 2022PH1C950 sf$485,000✓
Mar 20229A1,400 sf$725,000✓
Nov 202114F1,400 sf$639,900✓
Nov 202117E850 sf$408,500✓
Oct 20218A1,400 sf$684,000✓
Sep 202117F1,400 sf$741,200✓
Sep 202110D950 sf$365,000✓
Jul 2021PH2F1,400 sf$660,000✓
Jul 20218C950 sf$375,000✓
Jul 2021PH3D950 sf$1,140,000✓
Jul 2021PH3C950 sf$1,140,000✓
Jul 202116C950 sf$350,000✓
Feb 202115C950 sf$385,000✓
Feb 202111A1,400 sf$520,000✓
Feb 202111C950 sf$350,000✓
Nov 20209B850 sf$305,000✓
Oct 202012D950 sf$382,700✓
Sep 20207E850 sf$330,000✓
Aug 202015B850 sf$330,000✓
Jul 202011B850 sf$305,000✓
Jul 202017A1,400 sf$519,000✓
Jun 202016F1,400 sf$525,000✓
Dec 201915F1,400 sf$550,000✓
Oct 201915D950 sf$315,000
Sep 20199F1,400 sf$480,000✓
Jun 201915A1,400 sf$520,000✓
Nov 20189A1,400 sf$560,000✓
Mar 2018PH1E850 sf$383,000✓
Aug 20179C950 sf$385,000✓
Jul 201716F1,400 sf$529,000✓
Apr 2017PH2E850 sf$385,000✓
Sep 20167C950 sf$390,000✓
Jul 2016PH3F2,250 sf$1,350,000✓
May 20167B850 sf$370,000✓
Apr 201616D950 sf$410,000✓
Mar 20168D950 sf$375,000✓
Dec 201511F1,400 sf$600,000
Oct 201516E850 sf$353,000✓
Jul 20157D950 sf$405,000✓
May 201511F1,400 sf$409,600
Mar 201517C950 sf$372,000✓
Mar 20158A1,400 sf$635,000✓
Jan 20158C950 sf$358,100✓
Oct 20148C950 sf$265,500
Sep 201412D950 sf$425,000✓
Sep 201410A1,400 sf$586,000✓
Jul 201417F1,400 sf$650,000✓
Jul 20149D950 sf$360,000✓
Jun 201410D950 sf$365,000✓
May 201415C950 sf$275,000✓
May 201411A1,400 sf$500,000
Apr 201417B850 sf$322,500✓
Apr 20147F1,400 sf$597,831✓
Jan 20149D950 sf$250,100
Nov 201314E850 sf$350,000✓
Nov 201317B850 sf$220,200
Jun 20137F1,400 sf$361,800
Jun 201315B850 sf$280,000✓
May 2013PH2E850 sf$362,000✓
Apr 2013PH1B850 sf$361,000✓
Jun 20128A1,400 sf$410,000✓
May 20129F1,400 sf$415,000✓
May 201216C950 sf$270,000✓
Mar 201212B850 sf$185,500✓
Mar 201212D950 sf$225,000✓
Nov 201112B850 sf$99,800
Sep 2011PH2E850 sf$155,000✓
Aug 201114B850 sf$175,000✓
Jun 201117A1,400 sf$310,000✓
Jun 201117E850 sf$150,000✓
Jun 20118E850 sf$150,000✓
May 20117D950 sf$186,000
Mar 20118A1,400 sf$290,000
Feb 20117D950 sf$135,200
Jan 20117E850 sf$158,000✓
Dec 201014D950 sf$174,900
Dec 2010PH2A1,400 sf$290,000✓
Dec 201014C950 sf$170,000
Nov 201012A1,400 sf$303,000✓
Oct 201015D950 sf$165,000✓
Oct 2010PH1F1,400 sf$300,000✓
Aug 20108A1,400 sf$390,100
Aug 201012E850 sf$168,000✓
Aug 201012A1,400 sf$175,700
Jul 201014C950 sf$85,400
Jun 2010PH1A1,400 sf$308,000✓
Dec 200910C950 sf$184,900
May 2009PH2C950 sf$250,000✓
Sep 20089E850 sf$220,000✓
Sep 200711F1,400 sf$480,000✓
Jul 2007PH2E850 sf$345,000✓
Jul 200714A1,400 sf$520,000✓
May 20078E850 sf$330,000✓
Apr 20078B850 sf$320,000✓
Mar 200711E850 sf$315,000✓
Mar 20079E850 sf$360,000
Mar 20078C950 sf$390,800✓
Feb 2007PH3F2,250 sf$491,984✓
Feb 2007PH3D950 sf$402,400✓
Feb 200714D950 sf$350,000✓
Feb 2007PH3C950 sf$402,400✓
Feb 2007PH3B850 sf$496,500✓
Feb 2007PH3A1,400 sf$496,500✓
Jan 200712E850 sf$335,000✓
Jan 200716C950 sf$350,000✓
Dec 200611D950 sf$350,000✓
Nov 2006PH2E850 sf$311,900✓
Nov 2006PH1E850 sf$365,000✓
Nov 200616E850 sf$338,000✓
Nov 200615D950 sf$313,500✓
Nov 20067D950 sf$360,000✓
Nov 200612C950 sf$370,000✓
Nov 2006PH2B850 sf$340,000✓
Oct 2006PH2F1,400 sf$540,000✓
Oct 2006PH1F1,400 sf$529,250✓
Oct 200617F1,400 sf$508,880✓
Oct 200615F1,400 sf$666,300✓
Oct 200614F1,400 sf$483,000✓
Oct 20068F1,400 sf$473,000✓
Oct 20067F1,400 sf$527,250✓
Oct 200616E850 sf$284,700✓
Oct 200611E850 sf$267,700✓
Oct 20069E850 sf$259,200✓
Oct 200612D950 sf$370,000✓
Oct 20069D950 sf$289,700✓
Oct 200617C950 sf$346,700✓
Oct 200615C950 sf$373,000✓
Oct 200611C950 sf$293,000✓
Oct 200610C950 sf$297,300✓
Oct 20068C950 sf$279,100✓
Oct 20067C950 sf$299,600✓
Oct 200617B850 sf$291,500✓
Oct 20068B850 sf$257,500✓
Oct 2006PH2A1,400 sf$545,750✓
Oct 2006PH1A1,400 sf$525,000✓
Oct 200617A1,400 sf$498,225✓
Oct 200611A1,400 sf$475,000✓
Oct 200610A1,400 sf$453,200✓
Oct 20069A1,400 sf$433,200✓
Sep 200616F1,400 sf$480,000✓
Sep 200612F1,400 sf$450,000✓
Sep 200611F1,400 sf$466,000✓
Sep 20069F1,400 sf$439,190✓
Sep 2006PH1E850 sf$296,820✓
Sep 200617E850 sf$280,330✓
Sep 200615E850 sf$285,500✓
Sep 200614E850 sf$332,500✓
Sep 200612E850 sf$278,000✓
Sep 2006PH1D950 sf$388,000✓
Sep 200617D950 sf$323,000✓
Sep 200616D950 sf$333,200✓
Sep 200614D950 sf$299,400✓
Sep 200610D950 sf$299,700✓
Sep 20068D950 sf$379,000✓
Sep 2006PH2C950 sf$340,955✓
Sep 2006PH1C950 sf$389,000✓
Sep 200614C950 sf$311,300✓
Sep 20069C950 sf$370,000✓
Sep 2006PH1B850 sf$339,000✓
Sep 200616B850 sf$287,300✓
Sep 200615B850 sf$332,500✓
Sep 200614B850 sf$278,800✓
Sep 200612B850 sf$283,500✓
Sep 200610B850 sf$266,000✓
Sep 20069B850 sf$261,800✓
Sep 20067B850 sf$276,300✓
Sep 200616A1,400 sf$493,200✓
Sep 200615A1,400 sf$466,200✓
Sep 200614A1,400 sf$459,200✓
Sep 200612A1,400 sf$492,200✓
Sep 20068A1,400 sf$422,000✓
Sep 20067A1,400 sf$730,000✓
Aug 200610F1,400 sf$444,000✓
Aug 20067E850 sf$288,100✓
Aug 200611B850 sf$270,300✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 47 nominal-consideration paper transfers omitted.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.