✦The Rundown
New Wave is a 20-story boutique condominium completed in 2006 at 725 NE 22nd Street in Edgewater. Developed by Cardinal Development and designed by Kobi Karp Architecture, it is one of the smaller high-rises in the neighborhood with just 78 residences spread across six units per floor. Built before the Great Recession, New Wave benefited from a construction environment where developers were not yet cutting corners to survive a collapsing market. The result is a building with genuinely solid construction, 10-foot ceilings on standard floors (12-foot on penthouse levels), floor-to-ceiling glass throughout, and unit sizes ranging from 850 to 1,400 square feet. Every unit in the building has a bay view, which is the building's defining feature. The amenities are functional but modest: a waterfront lap pool, a bayfront fitness center, a meditation garden, and 24-hour security. New Wave is not trying to compete with the flashy amenity packages of Aria on the Bay or Paramount Bay. It is a well-built, well-maintained boutique building for people who want quality construction, great views, and a quiet residential experience without the commotion of a 600-unit tower.
New Wave is the anti-drama pick in Edgewater. It is not going to wow you with a Lenny Kravitz-designed lobby or a resort-style amenity deck. What it will give you is something that is genuinely hard to find in this neighborhood: a well-built, pre-recession boutique building where every single unit has a bay view, the construction quality is a cut above the recession-era buildings around it, and the 78-unit scale means you actually know your neighbors and your HOA meetings do not require a mediator. The units are large for the price point. The 10-foot ceilings are real. The glass is floor-to-ceiling. Kobi Karp designed a building that was meant to be lived in, not marketed. Yes, the amenities are basic. Yes, the building is approaching 20 years old and the finishes reflect that. Yes, the streets around it flood during storms and there is construction happening on every side. But if you want large, well-put-together units without the flash, the commotion, and the elevator wars that come with living in a 500-unit tower, New Wave is your answer. It is the building for people who just want to live well and be left alone.
✦ Ask Chris AI about New WaveWho Lives Here
New Wave attracts a quieter, more established demographic than the larger Edgewater towers. You will find working professionals, empty nesters, and international buyers who prioritize quality of life over amenity count. The small unit count means residents tend to know each other, and the building has more of a residential community feel than the transient atmosphere of the mega-towers. There is less of the Airbnb and short-term rental crowd here, partly because of the rental restrictions and partly because the building does not have the flashy amenities that attract that market.
The Neighborhood
New Wave sits on the Edgewater waterfront at NE 22nd Street, positioned between the older low-rise buildings to the south and the newer luxury towers going up to the north. The building's bayfront location provides direct water access and views, while Biscayne Boulevard three blocks to the west serves as the neighborhood's commercial spine. Edgewater is in the middle of a significant transformation, with multiple new luxury developments reshaping the skyline around New Wave.
Biscayne Bay waterfront
Direct bayfront location with waterfront promenade and bay views from every unit.
Margaret Pace Park
Premier bayfront park with tennis courts, basketball, volleyball, dog park, and jogging path.
Publix Super Market
Full-service grocery store on Biscayne Boulevard.
Biscayne Boulevard dining
Growing restaurant and retail scene along Edgewater's main commercial corridor.
Metromover
Free automated transit connecting to Downtown, Brickell, and the Omni area.
◆ What's Changing
New Wave's immediate surroundings are undergoing significant development. Elise Miami and Aria Reserve are both under construction to the north, and additional projects like The Addition and Biscayne 21 are in various stages of planning. This construction activity will create short-term disruption but should increase property values and improve the neighborhood's amenities long-term. New Wave's pre-recession build quality and boutique scale give it a differentiated position in a market increasingly dominated by large luxury towers.
What You Get
Pool & Recreation
- ✓Waterfront lap pool
- ✓Sun deck with bay views
- ✓Meditation garden for yoga
- ✓BBQ area
Fitness & Wellness
- ✓Bayfront fitness center with strength and cardio equipment
Social Spaces
- ✓Residents lounge with water views
- ✓Wireless internet in pool area and lounge
Building Services
- ✓24-hour security
- ✓Optional valet parking
- ✓Assigned parking in secured covered garage
- ✓Package receiving
Elevator Experience
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