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Listed
**RENOVATION OPPORTUNITY IN HOT EAST EDGEWATER ON THE BAY AND BY THE PARK**XL 2/2 corner-unit with good NE Bayview's and city views! The kitchen and most of the cabinetry has already been partially removed, the appliances need replacement, flooring is missing from the primary bedroom, both bathrooms are in their original condition**Desirable floor plan and the ability to redesign the residence to your own taste**CITE is a full-service condo offering 24/7 front desk, valet, security. Resort-style amenities include beach-style pool, Jacuzzi, large Technogym open daily 6am-10pm. Electric car stations are available in the parking garage. Clubroom w/pool table, kitchen facilities and meeting area. Retail on premises such as Daily's Diner, Citibank, Beauty Parlor, UPS shipping boutique. Walk to shopping and dining, such as beloved KLAW and Casa Donna. Walk to free boat service to South Beach, departing from Margret Pace Waterfront Park. Don't' miss this unique opportunity!! CITE is a fully warrantable condo, starting at 5% down payment, offered to well qualified buyers.
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.
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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