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1800 Bayshore Dr, Unit 509
+44 more
$715K

1800 Club Condominium Unit 509

1800 Bayshore Dr, Unit 509 • Miami, FL 33132

at 1800 Club Condominium

Beds
2
Baths
2
Living Area
1,154 SF
Price / SF
$620
HOA / Monthly
$907
Days on Market
162
Insider Price
$710,853

About This Unit

LOCATION, LOCATION, LOCATION!!! This is the lowest-Priced Waterfront 2-Bedroom on North Bayshore Drive in front of Margaret Pace Park in the heart of Edgewater. This bright and spacious unit features high ceilings, marble flooring, and stainless-steel appliances throughout. Enjoy stunning, unobstructed views of Biscayne Bay and Margaret Pace Park; views that will never be blocked. Convenience is key with assigned parking located on the same floor as the unit. The building is Fannie Mae approved with strong financials and well-funded reserves, offering peace of mind to buyers. Residents enjoy full-service amenities, all in excellent working condition. The low HOA of $907/month includes high-speed internet, water, and DirectTV—with no special assessments. Motivated seller—bring your offers!

Pricing at 1800 Club Condominium — $620/sqft
At $620/sqft, 1800 Club Condominium Unit 509 is priced near the building's median — solidly mid-market for this floor plan.
1800 Club Condominium Unit 509 vs Active Listings at 1800 Club Condominium: This condo is +6.3% higher (+$37/more per sqft) than the building's active 2BR median of $583/sqft, based on 4 active 2BRs.
1800 Club Condominium Unit 509 vs Recent Sold Listings at 1800 Club Condominium: This unit is +13.9% higher (+$76/more per sqft) than recent 2BR sales (median $544/sqft, based on 4 sales over 9 months).
Rank: This unit's $/sqft is higher than 50% of currently-active 2BR units at 1800 Club Condominium (sample of 4).
Insider Negotiation Strategy: 2BR units at 1800 Club Condominium typically close at 99.4% of asking. At that ratio, this unit could plausibly trade around $710,853.
Based on live MIAMIRE active & closed listings at 1800 Club Condominium.
Time on Market — 162 days
1800 Club Condominium Unit 509 is above the typical days on market for this building. The seller may be flexible on price.
This unit's 162 days on the market is 83 days longer than the active 2BR median of 79 days (+105.1%).
Inventory position: 75th percentile for 2BRs currently active at this building.
Price History
Originally listed at $760,000. Reduced to $715,000 on Mar 23, 2026 (after 220 days on market) — -5.9% (−$45,000).
Estimated Monthly Cost
Mortgage (P&I)
$3,883
HOA
$907
Property Tax
$781
Total / mo
$5,570
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.31%. HOA $0.79/sqft · All-in $4.83/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at 1800 Club Condominium

UnitListSqft$/sqftDOM
#— — 1,144 $524 97
#— — 1,374 $546 3
#— — 1,154 $620 162
#— — 1,142 $695 60

Recent Closed 2BR Sales

ClosedUnitSold$/sqftvs List
2025-11-06 #— $550,000 $481 —
2026-01-13 #— $590,000 $516 —
2026-02-26 #— $830,000 $572 —
2026-03-02 #— $850,000 $696 —
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in a split flood zone (VE, AE) — this typically means lower floors carry the higher-risk designation; verify per-unit.
Building Age: Built in 2007 (19 years old).
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Apr 2008 for $415,000 — held 18 years. They’re now asking $715,000 — +72.3% (+$300,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Apr 2008 $415,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.198592% of the building’s common elements. County living area: 1,154 sqft.
Unit: 509
Year Built: 2007
Stories: 42
City: Miami
Postal Code: 33132
HOA Fee: $907 / Monthly
View: Bay, Water View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air
Days on Market: 162
Listed: August 16, 2025
MLS #: A11859858

Location

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Email About This Unit
Listing courtesy of: London Foster Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11859858 • Updated Mar 23, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at 1800 Club Condominium. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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