NOT LISTED FOR SALE

Estimated Value: $457,000 - $500,000

2 Beds
2 Baths
1,202 Sq Ft
2004 Built

Sale Details

Date Sold: June 30, 2025

Last sale price $500,000 $416 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,381 / mo

104 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Pool View
  • 3-minute walk to Margaret Pace Park

About This Home

As of June 2025

LOWEST PRICE PER FOOT IN THE BUILDING AND 2 ASSIGNED PARKING SPACES! 2Bed/2Bath condo at Cite on the Bay, in the heart of Edgewater, right across from Margaret Pace Park. This unit offers a spacious split floor plan, open Living/Dining Area, updated Kitchen with stainless steel appliances, renovated master bathroom with walk-in shower, and a balcony overlooking the pool. Prime Location near fine dining, shopping, and entertainment. Just minutes to Wynwood, South Beach, Brickell, and Miami Airport. Building amenities include Fitness Center, Swimming Pool, Business Center, 24-Hour Concierge, and Valet Service. SPECIAL ASSESSMENT PAID BY SELLER AT CLOSING.

Last Agent to Sell the Property

Angelica Gomez

Majestic Properties LLC License #3217881 Listed on: 03/18/2025

Majestic Properties LLC

Last Buyer's Agent

Patty Marun

Suma Luxury Realty License #3274627

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 2004

HOA Fees

  • $1,040 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,202 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-072-2450

Community Details

Overview

  • 434 Units
  • Cite Condo
  • Cite Condo Subdivision
  • 16-Story Property

Amenities

  • Business Center
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,358

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$1,040 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Co List Office Phone: 305-667-4815
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CITE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1202
  • Possible Use: Primary
  • Stories: 16
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Pool Area View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CITE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Additional Spaces Available, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1040
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-30-072-2450

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8358

Multi Family

  • Number Of Units In Community: 434
  • Number Of Units Total: 434

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jun 30, 2025
Sold by
Bought by
Seller's Agent
Angelica Gomez
Majestic Properties LLC
Buyer's Agent
Patty Marun
Suma Luxury Realty
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Views
15
Current Estimated Value
$480,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,759
Avg. Annual Appreciation
-3.63%
Original Mortgage
$325,000
Interest Rate
0.0689%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
0.0787%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Listed On Document
-- None Listed On Document
-- None Listed On Document
$390,000 --
$350,900 Resource Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $338,980
Closed $325,000
Previous Owner $312,000
Previous Owner $58,500
Previous Owner $280,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $500,000 -2.9% $416 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $515,000 0.0% $428 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $515,000 -1.9% $428 / Sq Ft
03/18/2025 03/18/25 For Sale $525,000 -- $437 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,687 $434,610
2024 $7,255 $434,610
2023 $7,255 $332,528 $0 $0
2022 $6,323 $302,299 $0 $0
2021 $5,839 $274,818 $0 $0
2020 $5,574 $261,731 $0 $0
2019 $6,073 $284,490 $0 $0
2018 $6,143 $293,289 $0 $0
2017 $6,213 $293,289 $0 $0
2016 $5,982 $274,102 $0 $0
2015 $5,804 $261,050 $0 $0
2014 $5,382 $237,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11766304

MIAMI REALTORS® MLS

APN: 01-3230-072-2450

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