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 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.
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.
Direct bayfront location with waterfront promenade and bay views from every unit.
Premier bayfront park with tennis courts, basketball, volleyball, dog park, and jogging path.
Full-service grocery store on Biscayne Boulevard.
Growing restaurant and retail scene along Edgewater's main commercial corridor.
Free automated transit connecting to Downtown, Brickell, and the Omni area.
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.
Elevator Density Rating
2
Passenger
1
Service
~6
Units/Floor
78
Total Units
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This is not marketing spin. New Wave was designed so that every one of its 78 units has a direct view of Biscayne Bay. The building's position on the waterfront, combined with the floor-to-ceiling glass walls and glass balconies, means you are getting genuine water views regardless of which unit you are in. From the upper floors, you can see across the bay to Miami Beach and the Atlantic Ocean beyond. For a building at this price point, the views are legitimately one of the best value propositions in Edgewater. Taller buildings charge significantly more for comparable or worse views.
New Wave was completed in 2006, before the Great Recession forced developers to slash budgets and cut corners. The difference is noticeable. The construction is solid. The 10-foot ceilings on standard floors and 12-foot ceilings on the penthouse levels are real, not the 9-foot-marketed-as-10 that you see in recession-era buildings. The floor-to-ceiling glass is genuine. The unit layouts make sense. Kobi Karp designed a building that was meant to be a quality product, not a volume play. If you tour New Wave after visiting some of the 2008-2010 buildings in the area, you will feel the difference in how the building was put together.
With only 78 units and six per floor, New Wave operates at a fundamentally different scale than the mega-towers around it. There are no 45-minute elevator waits during rush hour. The pool is not packed with 200 people on a Saturday. The lobby is not a revolving door of delivery drivers and Airbnb guests. HOA meetings are manageable. Building decisions get made without the political warfare that comes with 600+ unit buildings. If you have lived in a large Miami high-rise and found the experience exhausting, New Wave's boutique scale is the antidote.
New Wave's amenity package is functional but modest. You get a waterfront lap pool, a fitness center, a meditation garden, and a residents lounge. That is essentially it. There is no spa. There is no screening room. There is no co-working space. There is no rooftop deck. If you are coming from a building like Aria on the Bay or Paramount Bay, the amenity downgrade will be noticeable. New Wave is not trying to be a resort. It is a well-built residential building with the basics covered. If extensive amenities are important to you, this is not your building.
New Wave is surrounded by active and planned development. Elise Miami is going up to the north. Aria Reserve, the massive twin-tower project, is also to the north. There is potential construction from The Addition or Biscayne 21 depending on how those projects shake out. For the next several years, New Wave residents will be living in the middle of a construction zone. That means noise, dust, truck traffic, and temporary disruptions. The upside is that all this development should increase property values in the area long-term. The downside is that the next few years will not be quiet.
This area of Edgewater floods during rainstorms, hurricanes, and tropical storms. The streets around New Wave can see significant standing water during heavy weather events. The building itself is fine, but if you park on the street or in low-lying areas, your car is at risk. This is not a New Wave problem specifically. It is an Edgewater reality that affects this stretch of the neighborhood. The building's covered garage provides protection for residents with assigned parking, but visitors and anyone parking on surrounding streets should be aware. During king tides and storm surges, the flooding can be intense, even if temporary.
New Wave is about three blocks west of Biscayne Boulevard, which is where the shops, restaurants, and services are concentrated in Edgewater. The walk is easy and flat, but it is worth knowing that the immediate surroundings of the building are primarily residential. You are not stepping out of your lobby into a vibrant street scene. The Publix, the coffee shops, the restaurants, the pharmacies are all on or near Biscayne. The Metromover is further south. For day-to-day errands, you will likely drive or walk to Biscayne Boulevard. The building's location is quiet and waterfront, which is the trade-off for not being in the middle of the action.
New Wave is not going to win any awards for flashiness. The amenities are basic. The lobby is not going to make your jaw drop. There is no celebrity designer attached to the common areas. But what New Wave does offer is genuinely hard to find in Edgewater: a well-built, pre-recession boutique building with incredible bay views from every unit, manageable HOA dynamics, and the kind of quiet residential experience that the mega-towers next door simply cannot provide. If you want large, well-put-together units without the drama and commotion of living in a 500-unit building, New Wave is your answer. It is the building for people who just want to live well without the circus.
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.
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