$440,000
SOLD FEB 18, 2025
2 Beds
2 Baths
1,092 Sq Ft
$907/mo HOA Fee

Recently Sold

$403 Per Sq Ft

2% Below List Price

78 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Community Pool
  • Elevator
  • Fitness Center
  • Community Basketball Court
  • 3-minute walk to Margaret Pace Park

About This Home

As of February 2025

BEST VALUE IN EDGEWATER! Spacious 2 Bedroom, 2 Bathroom unit in the CITE, one of Miami's most sought after hidden gems overlooking Biscayne Bay and Margaret Pace Park. Enjoy the best of Miami in a full service building with a beautiful pool area, gym, valet, 24 hour security, and more. Located within 5 minutes of Miami Beach, Mid-town, Wynwood, Brickell, and walking distance to the Metro-mover station. The unit is currently tenant occupied until September 2025.

Last Agent to Sell the Property

Sam Kafin

Compass Florida, LLC License #3378819 Listed on: 12/02/2024

Compass Florida, LLC

Last Buyer's Agent

Brandon Box

Move Miami, LLC. License #3418682

Move Miami, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 2004

Lot Details

HOA Fees

  • $907 Monthly HOA Fees

Home Design

  • 1,092 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Secured Garage or Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-072-0430

Community Details

Overview

  • Mid-Rise Condominium
  • Cite Condos
  • Cite Condo Subdivision
  • 10-Story Property

Recreation

  • Community Basketball Court

Pet Policy

  • Breed Restrictions

Additional Features

  • Elevator
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,247

Year Built

Built in 2004

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CITE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1092
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: Other
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CITE
  • Parking Features: 1 Space

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 907
  • Amenities: Basketball Court, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-072-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Feb 11, 2025
Sold by
Grasso Giuseppe
Bought by
Pavlov Dimitrov Yosif
Seller's Agent
Sam Kafin
Compass Florida, LLC
Buyer's Agent
Brandon Box
Move Miami, LLC.
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
16
Current Estimated Value
$452,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,911
Avg. Annual Appreciation
0.31%
Original Mortgage
$352,000
Outstanding Balance
$350,552
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$90,205

Purchase Details

Closed on
Apr 1, 2011
Sold by
Deutsche Bank National Tr Co Trs
Bought by
Grasso Giuseppe

Purchase Details

Closed on
Oct 28, 2010
Sold by
Love Donnette Russel
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mcz/Centrum Bayshore Llc
Bought by
Russell Love Donnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,720
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Title Answers
Warranty Deed $440,000 Title Answers
Deed $160,000 --
Trustee Deed $100,100 None Available
Special Warranty Deed $320,900 Resource Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Closed $352,000 New Conventional
Previous Owner $85,000 Credit Line Revolving
Previous Owner $256,720 Unknown
Closed $64,180 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $440,000 -2.2% $403 / Sq Ft
12/02/2024 12/02/24 For Sale $450,000 0.0% $412 / Sq Ft
04/22/2013 04/22/13 Rented $1,800 -10.0% --
04/22/2013 04/22/13 For Rent $1,999 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,247 $374,722 -- --
2024 $6,756 $340,657 -- --
2023 $6,756 $309,689 $0 $0
2022 $5,888 $281,536 $0 $0
2021 $5,438 $255,942 $0 $0
2020 $5,192 $243,754 $0 $0
2019 $5,656 $264,950 $0 $0
2018 $5,721 $273,144 $0 $0
2017 $5,561 $257,246 $0 $0
2016 $5,497 $233,860 $0 $0
2015 $5,297 $212,600 $0 $0
2014 $5,135 $193,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11700468

MIAMI REALTORS® MLS

APN: 01-3230-072-0430