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2
Bedrooms
2
Bathrooms
1,288 sqft
Interior
2004
Year built
$1,219 / mo
HOA
Condominium
Type
About this home
Rare opportunity to own an XL-2/2 split SoHo-style loft w/11' ceilings in top East Edgewater city location, by the bay and park! Condo features polished concrete floors in the living-dining-bedroom areas, large eat-in kitchen with lots of cabinets. Formal dining area. Full-size W/D in unit. Peaceful & quiet view to the palm gardens! CITE is a full-service condo offering 24/7 front desk, valet, security and resort-style amenities such as beach-style pool, jacuzzi, large Technogym open daily 6am-10pm, clubroom w/pool table. Modern amenities include E-car charging stations and fine retail on premises such as Daily's Diner, Beauty Parlor, UPS shipping boutique, Citibank. Walk to shopping and dining such as beloved Klaw Rooftop & Casa Donna, walk to free boat transfer to South Beach. This is a great opportunity in one of Miami's top neighborhoods! CITE is a fully warrantable condo and allows financing with only 5% down payment to qualified buyers.
Features
- Elevator
- Fire Sprinklers
- Split Bedroom
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- East Of Us1
- Courtyard
- Garden View
Leasing
- Minimum lease
- 30 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,750.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.