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Active
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0
Bedrooms
1
Bathrooms
505 sqft
Interior
2004
Year built
$489 / mo
HOA
Condominium
Type
About this home
Modern NYC-style loft in Cite on the Bay, located in the heart of Edgewater! This fully furnished residence features extra-high 12ft ceilings, white marble floors, an open kitchen, walk-in closet, impact glass windows, pantry, and in-unit washer/dryer. Allows monthly rentals (30-day minimum, per association), making it an excellent investment opportunity. The property is tenant-occupied, offering immediate income potential in a prime location. Building amenities include valet, concierge, an impressive gym, pool, Jacuzzi, business center, club room with billiards, and more! Enjoy living across from beautiful Margaret Pace Park, offering a walking path, soccer fields, tennis, and volleyball courts. Walk to Publix, Miami Trolley, trendy restaurants/shops, museums, concerts, and top charter schools. Just minutes from Midtown, Wynwood, Brickell, the Design District, and Miami Beaches!
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Entrance Foyer
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Other
- Courtyard
- Other View
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 studio rentals in Brickell, from 70 active listings; the middle half ask $2,600–$3,000.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.