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Waterfront · Condominium
$1,150,000$821 / sqft

725 NE 22nd St, Miami FL 33137

2
Bedrooms
2
Bathrooms
1,400 sqft
Interior
2006
Year built
$1,982 / mo
HOA
Condominium
Type

About this home

Rarely available, Luxury waterfront PENTHOUSE, 12'ceiling height, with spectacular direct and unobstructed views of Biscayne Bay, the Ocean, Miami Beach and beyond, this SE CORNER unit offers 2 Beds / 2 Baths + DEN, 2 cover- assigned parking space, extra-large terrace perfect for entertaining, plus 2 additional balconies. Floor to ceiling impact resistant windows and sliding doors. This Kobi Karp Designed BOUTIQUE Building offers a bayside Pool with BBQ, Sunset Terrace, Gym overlooking the bay and 24-hr Concierge/ Security. Excellent location with easy access to Miami Beach, Downtown, Brickell, Wynwood, Design District and Miami International Airport. Truly a fantastic place .

Features

  • Fire Sprinklers
  • Roman Tub
  • Split Bedroom
  • East Of Us1
  • Barbeque
  • Open Balcony
  • Bay
  • Ocean View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,797

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,815
HOA
$1,982 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
New Wave Realty, LLC.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.