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2000 Bayshore Dr, Unit 509
+87 more
$499K

Cite Condominium Unit 509

2000 Bayshore Dr, Unit 509 • Miami, FL 33137

at Cite Condominium

Beds
2
Baths
2
Living Area
1,092 SF
Price / SF
$457
HOA / Monthly
$1,059
Days on Market
304

About This Unit

Income producing 2/2 located in Miami's hottest location: East Edgewater - surrounded by new multi-million-dollar high-end Preconstruction condos! Ideally located on the bay and beloved Margret Pace waterfront park**Investor friendly unit rented until 02/28/2027**Split floorplan 2/2 with SE- location. CITE is a full-service condo offering 24/7 front desk, valet, security. Resort-style amenities include large Technogym open daily 6am-10pm, beach-style pool, Jacuzzi, Club room w/pool table, business lounge w/free internet. Walk to shopping and dining, such as trendy KLAW rooftop restaurants. In close proximity to Brickell, Downtown, artsy Wynwood, trendy Design District, hospitals, airport, beaches and all major highways. CITE offers e-car charging stations to its residents.

Pricing at Cite Condominium — $457/sqft
Cite Condominium Unit 509 is listed at $457/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Cite Condominium.
Time on Market — 304 days
Cite Condominium Unit 509 has been on the market for 304 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $525,000. Reduced to $499,000 on Oct 3, 2025 (after 97 days on market) — -5.0% (−$26,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,710
HOA
$1,059
Property Tax
$640
Total / mo
$4,409
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.54%. HOA $0.97/sqft · All-in $4.04/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at Cite Condominium.

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That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2004 (22 years old).
Verify all of the above with the HOA before closing.
Unit: 509
Year Built: 2004
Stories: 16
City: Miami
Postal Code: 33137
HOA Fee: $1,059 / Monthly
View: Bay, Garden View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 304
Listed: June 28, 2025
MLS #: A11830909

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Kamany Realty & Prop. Mngmt In   ·  realtormaggie@aol.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11830909 • Updated Apr 28, 2026 • Photos uploaded 292 days ago — check listing for current condition.