Own Edgewater

Cité on the Bay

2000 N Bayshore Dr · Built 2004 · 16 floors · 249 residences

13 for sale
For sale
13
2 pending · 14.2 mo supply
Median asking
$495K
from $363K
Median $/sqft
$502/sqft
$461/sqft sold, 12 mo
Days on market
117
102 to sell · 11 in 12 mo

8 of 13 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Cité on the Bay
Listing photo · courtesy of Douglas Elliman · MLS #A11995613

Cité on the Bay is a full-service condominium located in the Edgewater neighborhood. The building is situated directly across from Margaret Pace Park, providing residents with proximity to waterfront walking paths, sports courts, and a dog park. The property offers a variety of resort-style amenities, including a beach-style pool, jacuzzi, a fitness center, a business center, and a club room featuring a pool table.

The building provides comprehensive services including 24/7 valet parking, a concierge, and 24-hour security. Residents have access to on-site conveniences such as electric car charging stations and various retail options on the premises. The location offers easy access to nearby dining, shopping, and cultural attractions in the surrounding areas of Wynwood, the Design District, and Downtown Miami.

Live near more of Miami

What surrounds Cité on the Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
61
/ 100
B
own.miami Score

A data-grounded score for Cité on the Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value82
$492/sqft — vs. Edgewater condos, then all of Miami
Momentum9
-16.9% $/sqft over 6 months
Liquidity34
13.1 months of supply · 136 days on market
Health97
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age36
Built 2004 — vs. Edgewater buildings
own.miami Condo Index
72Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#568 of 698 tracked Miami condos
Top 81% by price per sq ft
#30 of 36 in Edgewater
Momentum
↓ Cooling
$492/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

9 lines · modeled from 46 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Cité on the Bay’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -04 line.

LineLayoutSizeView$/sqftSales
-012 bd · 2 ba1,074 sqftPool Area ViewWaterfront$414/sqft3
-023 bd · 2 ba1,332 sqftSkylineWaterfront$443/sqft2
-032 bd · 2 ba1,049 sqftBay$486/sqft5
-04Best value2 bd · 2 ba1,092 sqftBayWaterfront$412/sqft2
-052 bd · 2 ba1,047 sqftPool Area ViewWaterfront$469/sqft5
-061 bd · 1 ba721 sqftBayWaterfront$509/sqft1
-092 bd · 2 ba1,068 sqftBayWaterfront$479/sqft4
-251 bd · 1 ba792 sqftPool Area ViewWaterfront$461/sqft3
-261 bd · 1 ba726 sqft—Waterfront$503/sqft2

Modeled from Cité on the Bay’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Cité on the Bay’s own sales history.

Estimated value
$450,000
$375,000–$525,000 · $412/sqft
Rough estimate · 2 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Cité on the Bay?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Cité on the Bay; bars are closings per month.

$338$476$615Aug 2024Feb 2025Jul 2025Nov 2025Mar 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2000 N Bayshore Dr
Year built
2004
Floors
16
Residences
249
Developer
MCZ/Centrum
Waterfront
Yes
Developed by
MCZ/Centrum
58
B · Developer Score
  • Ranks #4 of 4 scored MCZ/Centrum buildings
  • Asking $502/sqft here vs $488/sqft across the developer's portfolio
  • 42% of the developer's portfolio has no adverse verified record
  • All 4 buildings by this developer

Amenities

  • · Pool
  • · Spa
  • · Fitness center
  • · Valet
  • · Concierge
  • · 24-hour security
  • · Business center
  • · Club room

Building rules

Parking
The building offers 24/7 valet parking and covered parking, with some units including assigned side-by-side spaces.

Special assessments & recertification outlook

Watch

Public records checked Oct 27, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 11 purchase or refinance loans on this building in the last 12 months, financing 67% of its recorded sales, and accepted a down payment as low as 5%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 89/100.

    Source: Miami-Dade Clerk official records

  • Built 2004 — its first 25-year structural milestone inspection is due around 2029

Estimated from Cité on the Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Cité on the Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

89Readily financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
12
11 from banks and credit unions · purchases and refinances
Sales bank-financed
67%
12 recorded sales, 12 months · Resales only
Average down payment
21.7%
Lowest down payment accepted
5%
Loan programmes, 24 months:Conventional 11Other 1

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
4.1 ft
Lowest nearby street
2.9 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.9 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Cité on the Bay cost?+

There are 13 condos for sale at Cité on the Bay, from $362,500, with a median asking price of $495,000 ($502/sqft).

How much are the HOA fees at Cité on the Bay?+

HOA / maintenance fees at Cité on the Bay run around $1,058 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Cité on the Bay a waterfront building?+

Yes — Cité on the Bay is a waterfront building (Edgewater).

When was Cité on the Bay built?+

Cité on the Bay was built in 2004, 16 stories, 249 residences.

Who developed Cité on the Bay?+

Cité on the Bay was developed by MCZ/Centrum. MCZ/Centrum's own.miami Developer Score is B across 4 buildings.

Stay ahead
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