Cays Realty
2000 N Bayshore Dr 509, Miami, FL 33137 — MLS photo

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2000 N Bayshore Dr 509, Miami, FL 33137

Active · Condominium

$499,000

2000 N Bayshore Dr 509, Miami, FL 33137

Beds
2
Baths
2
Living area
1,092 sq ft
$ / sq ft
$457/sq ft
Year built
2004
Lot size
—
HOA fee
$1,059 Monthly
Annual tax
$7,681

About this property

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.

Property location

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2000 N Bayshore Dr 509, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,092 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Bathtub, Split Bedrooms, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
16
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
Waterfront
Bayfront
View
Bay, Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,059 Monthly
Fee inclusions
Amenities, Maintenance Structure, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Clubhouse, Pool, Spa Hot Tub, Trash, Elevators
Security
Secured Garage Parking, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$7,681
Subdivision
CITE CONDO
County
Miami-Dade
Days on market
481
MLS listing ID
A11830909
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,351

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.6%
Gross yield
8.0%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$12,168

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.