All listings
Active
Active1 / 19
Photo 1 of 19
2
Bedrooms
2
Bathrooms
1,400 sqft
Interior
2006
Year built
$1,982 / mo
HOA
Condominium
Type
About this home
Welcome to this stunning 2BD + den/2BA bayfront residence at the New Wave Condominium, designed by acclaimed architect Kobi Karp. Upon entry, you’re greeted by breathtaking bay and skyline views that fill the home with natural light. The modern kitchen, featuring updated appliances, flows seamlessly into the open living and dining area. The primary suite offers direct terrace access and a spacious bathroom complete with dual vanities and a large walk-in shower. The den can easily be converted into a third bedroom. Amenities include an expansive waterfront pool, a bayfront fitness center, and 24/7 security. Ideally located in the heart of Edgewater, you are just minutes from Downtown Miami, Brickell, Miami Beach, and MIA Airport. With spectacular views and a highly centralized location, this residence offers an exceptional opportunity to experience the best of Miami living. Two parking spaces included.
Features
- Built-in Features
- Closet Cabinetry
- Elevator
- East Of Us1
- Open Balcony
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.