Located in the heart of Edgewater, New Wave is a boutique waterfront condominium designed by renowned architect Kobi Karp. The building offers direct, unobstructed views of Biscayne Bay and the surrounding skyline. Its central location provides easy access to nearby areas including Wynwood, the Design District, Brickell, and Miami Beach.
The building features a variety of resort-style amenities, including a waterfront lap pool, a fitness center with cardio and strength-training equipment, a meditation garden, and a resident lounge with water views. Additional common features include a sunset terrace, a barbecue area, and a sauna. The property provides 24-hour concierge service and 24-hour security.
Situated near Margaret Pace Park, the building offers a waterfront lifestyle with a variety of nearby dining and shopping options. The property includes amenities such as a sunset terrace and electronic charging stations for electric vehicles.
What surrounds New Wave: seasonal events, annual programs and lifestyle indexes, measured from the building.
Nearest: photoMIAMI® Photography Exhibition, 0.6 mi away
Close enough that 'we're out of milk' is not a crisis.
Close enough for a car-free day now and then.
Distances are straight-line, not walking or driving.
Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for New Wave from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
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3-month rolling median of closed sales in New Wave; bars are closings per month.
Nearby buildings within half a mile.
Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.
Regulated lenders recorded 8 purchase or refinance loans on this building in the last 12 months, financing 100% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 87/100.
Source: Miami-Dade Clerk official records
Source: MLS listing remarks
Estimated from New Wave’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
What the banks say about New Wave: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater
Public flood data at this building’s location, read Oct 22, 2026.
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.0 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Civil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR69635 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
There are 7 condos for sale at New Wave, from $524,900, with a median asking price of $645,000 ($678/sqft).
HOA / maintenance fees at New Wave run around $1,345 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Yes — New Wave is a waterfront building (Edgewater).
New Wave was built in 2006, 20 stories, 76 residences.
New Wave was developed by Cardinal Development.
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