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2000 N Bayshore Dr # 1003, Miami FL 33137

Condo/Co-op For Sale
$585,000

BTC: 7.68725361

ETH: 252.15517241

New
Waterfront
2 bds
2 ba
1,049 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available
Year Built:
2004
Lot:
No Data
Heating:
Central
Price/sqft:
$558
Cooling:
Central Air
HOA:
$992

Valuation

Our model vs. what's actually selling nearby.
Estimate
$499,000
$320K – $750K
Confidence Low
List vs. estimate
$86K above estimate
List $585,000 · +17.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$557
-2.8% vs. city median $573
Based on
1503 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $991K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,824
2026
HOA
$992/mo
View
Intracoastal View
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Washer

    Other interior features

    • Lobby

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-072-0370

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $992

    • HOA Frequency: Monthly

    • Annual tax amount: $7,824

  • Source details

    • MLS ID: A12115642

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1049

    • Subdivision Name: CITE CONDO

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Investcounsel, LLC