Cite On The Bay — East Tower #1003

Listing details

Address

2000 N Bayshore Dr 1003

Price

$585,000

Status

Active for sale

Bedrooms

2

Bathrooms

2

Living area

1,049 sq ft

Year built

2004

Association fee

$992/month

Days on market

7

Listing courtesy of Investcounsel, LLC. irma@investcounsel.com

Listing information provided by the MLS. Details and availability can change.

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Listing description

Beautifully updated 2 bedroom, 2 bath residence at Cité on the Bay, in the heart of walkable Edgewater. This unit offers a bright open layout with a split floorpan and views of Biscayne Bay and the Miami skyline from a private balcony. The remodeled kitchen features quartz countertops and stainless steel appliances. The updated unit is complemented by a brand-new AC and real hardwood floors throughout, plus in-unit washer/dryer. The spacious primary suite includes a walk-in closet and an ensuite bath with double vanity. Full-service luxury amenities include covered parking, a heated pool with sun deck and jacuzzi, fitness center, yoga studio, club room, workspaces, 24-hour concierge, valet, and security. Ideally located across from Margaret Pace Park and minutes to Wynwood, Midtown, and the Design District. The unit is currently rented at $3,800/month with kick-out clause. This is an exceptional turnkey investment opportunity in an extremely well financially managed and maintained building. Units can be rented 12 times per year, minimum 30 day lease which also makes it a fantastic long term investment opportunity.

How this listing compares

Listed at $558 per square foot. Over the last 12 months, condos in Cite On The Bay — East Tower closed at a median of $461 per square foot (11 sales). 13 other units are for sale, from $362,500 to $810,000. In Edgewater, the median closed price was $637 per square foot and the median time on market was 87 days.

Listing history

• 7 days on market.

Building

Cite On The Bay — East Tower is located at 2000 N Bayshore Drive in Miami. 14 residences are currently for sale and 7 are currently for rent in the strict MLS building scope.

Built 2004 · 16 floors.

For-sale asking range: $362,500–$810,000; median asking $505/sq ft. Rental asking range: $2,650–$5,785; median asking $3.28/sq ft per month.

Over the last 12 months, 11 sales closed at a median $461 per sq ft.

Current MLS records show monthly association fees from $709–$1,395/month when reported.

View all current listings in Cite On The Bay — East Tower

Other units for sale in Cite On The Bay — East Tower

• Cite On The Bay — East Tower #110 · $810,000
• Cite On The Bay — East Tower #527 · $785,000
• Cite On The Bay — East Tower #516 · $650,000
• Cite On The Bay — East Tower #1502 · $625,000
• Cite On The Bay — East Tower #909 · $565,000
• Cite On The Bay — East Tower #509 · $499,000
• Cite On The Bay — East Tower #1005 · $495,000
• Cite On The Bay — East Tower #619 · $489,999

Other units for rent in Cite On The Bay — East Tower

• Cite On The Bay — East Tower #527 · $5,785/mo
• Cite On The Bay — East Tower #1003 · $4,100/mo
• Cite On The Bay — East Tower #420 · $3,825/mo

Similar listings nearby

Active condos of the same type, within two miles and within 25% of this listing’s asking price.

1. 133 NE 2nd Ave 601

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2. 4250 Biscayne Blvd 1207

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3. 481 NE 29th St 306

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   2 bed · 2 bath · 836 sq ft

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