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New Wave

725 Ne 22 St, Miami, FL, 33137
78
RESIDENCES
19
STORIES
2006
YEAR BUILT
$515K – $1.2M+
VALUE RANGE

New Wave is a 19-story condominium in Miami, built in 2006, with 78 residences.

Available Residences at New Wave

2 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
$1,150,0002 / 21,400$82124
10A$949,0002 / 21,400$67882

1 Bedroom Condos · 5 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
7B$649,0001 / 1850$76443
11E$645,0001 / 1850$75914
14B$575,0001 / 1850$676542
14E$540,0001 / 1850$6351
8B$515,0001 / 1850$6060

ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

7
Active Listings
▲ 40% vs last month
Avg List Price
$718K
Avg Days on Market
118

INVENTORY BY BEDROOM

  • 1 Bed (5) 71%
  • 2 Bed (2) 29%

INVENTORY TREND (ALL UNITS)

851Jul '25Nov '25Mar '26
5
New Listings
last 3 months
$678
Avg Sale $/SqFt
last 36 months
12
Months of Supply
7
Sold
last 12 months

Market & Community Report

As of June 28, 2026, New Wave carries 7 active listings at an average asking price of $718K, with an average time on market of 118 days. Closed sales over the preceding 36 months averaged $678 per sq ft, and 7 transactions closed in the past 12 months — implying 12 months of supply against the current pace of absorption.

Zip code 33137 (Miami) is home to 27,300 residents with a median age of 34.3. Per-capita income stands at $66,422; 50.9% hold a bachelor's degree or higher. 26.7% of units are owner-occupied; 26.6% of residents work from home.

Data current as of June 28, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — New Wave

How many condos are for sale at New Wave?

As of June 28, 2026, 7 residences are actively listed for sale at New Wave ranging from $515K to $1.2M.

What is the average price per square foot at New Wave?

Based on closed sales over the preceding 36 months, the average sale price at New Wave is $678 per sq ft (MLS closed sales).

Where is New Wave located?

New Wave is located at 725 Ne 22 St, Miami, FL, 33137.

What year was New Wave built?

New Wave was completed in 2006.

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