# Cité on the Bay

As of 2026-11-01, Cité on the Bay in Edgewater has 13 units for sale at a median asking price of $495K ($502/sqft); 11 units sold in the last 12 months.

Cité on the Bay is a full-service condominium located in the Edgewater neighborhood of Miami with views of Biscayne Bay.

## Key facts

| | |
|---|---|
| Address | 2000 N Bayshore Dr |
| Neighborhood | Edgewater |
| Year built | 2004 |
| Floors | 16 |
| Units | 249 |
| Waterfront | yes |
| Developer | MCZ/Centrum |
| For sale | 13 |
| Pending | 2 |
| Median asking price | $495,000 |
| Median asking $/sqft | $502/sqft |
| Sold, last 12 months | 11 |
| Median sold $/sqft, 12 months | $461/sqft |
| Months of inventory | 14.2 |
| Median HOA | $1,058/mo |
| Parking | The building offers 24/7 valet parking and covered parking, with some units including assigned side-by-side spaces. |

## Own Miami measures

- **own.miami Building Score: 61 (B)**
  - Value: 82 — $492/sqft — vs. Edgewater condos, then all of Miami
  - Momentum: 9 — -16.9% $/sqft over 6 months
  - Liquidity: 34 — 13.1 months of supply · 136 days on market
  - Health: 97 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 36 — Built 2004 — vs. Edgewater buildings
- **Own Miami Condo Index: 72** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 568 of 698 tracked Miami condos)
- **Financeability Index: 89** (strong; 12-month window, 12 recorded mortgages, 67% of sales bank-financed, lowest down payment 5%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-27
- positive: Bank financing — 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. (2026-10-31)
- Legal & regulatory: 1 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**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.

## Related pages

- [Edgewater — neighborhood guide](https://own.miami/edgewater)
- [All units for sale at Cité on the Bay](https://own.miami/buildings/cite-on-the-bay/for-sale)
- [Opera Tower](https://own.miami/buildings/opera-tower)
- [Quantum on the Bay](https://own.miami/buildings/quantum-on-the-bay)
- [Blue on the Bay](https://own.miami/buildings/blue-on-the-bay)
- [1800 Club](https://own.miami/buildings/1800-club)

---

Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/buildings/cite-on-the-bay
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai