Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 850 sq ft
Active · Condominium
$649,000
725 NE 22nd St 7B, Miami, FL 33137
- Beds
- 1
- Baths
- 1
- Living area
- 850 sq ft
- $ / sq ft
- $764/sq ft
- Year built
- 2006
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Own a view that can never be replicated in this price point. This condo at New Wave presents a rare opportunity to secure a 1-bedroom with direct, unobstructed views of Biscayne Bay, a view that now commands millions in neighboring Edgewater towers. This residence features high ceilings and a massive, oversized terrace that feels more like a private outdoor patio. Nestled in a boutique building in Miami’s most in-demand neighborhood, you are minutes from the Design District, Downtown, and Brickell. Enjoy premium amenities and the same elite bay breezes as the luxury developments next door for a fraction of the price. Boutique luxury meets an incomparable waterfront lifestyle in the heart of Edgewater.
Property location
Get Directions725 NE 22nd St 7B, Miami, FL 33137
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2006
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Miami-Dade
- MLS listing ID
- A12007458
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,499
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.9%
- Gross yield
- 6.1%
- Mortgage payment
- $3,077/mo
- Down payment
- $162,250
- Loan amount
- $486,750
- Annual NOI
- $18,928
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.