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Discover a fully reimagined residence in the heart of East Edgewater, Miami’s coveted waterfront enclave. This 2-bedroom, 1.5-bath residence features a desirable split floor plan and has been completely remodeled with more than $150,000 in upgrades. The renovation includes a sleek, all-white kitchen with marble countertops, LED lighting, and brand-new LG appliances; fully remodeled bathrooms with backlit LED mirrors; and Spanish marble flooring throughout. All major systems have also been upgraded, including a brand-new water heater, HVAC air handler, and condenser. Fresh paint and newly polished floors complete the transformation. Designed as a true smart home, the residence offers app-based control of the shades, lighting, and security cameras, along with brand-new 85-inch Samsung smart TVs. It is offered completely turnkey and furnished with never-used pieces from Modani and Z Gallerie. From the private balcony, enjoy tranquil views of the palm gardens and pool. CITE is a full-service condominium on Biscayne Bay featuring an oversized Technogym fitness center, resort-style pool and jacuzzi, clubroom, business lounge, 24-hour valet, and attended lobby. The building is just steps from Margaret Pace Park, Klaw Rooftop, and Casadonna, with complimentary boat service to South Beach. An exceptional opportunity for end users and investors alike, with rentals permitted up to 12 times per year with a 30-day minimum. Financing is available with as little as 3% down.
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 $2,300–$5,750.That is what landlords ask, not what units let for — edit it if you know better.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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