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Cité

Address: 2000 N. Bayshore Drive

2001 Biscayne Boulevard, Miami

Neighborhood: Midtown-Edgewater

Year Built: 2007

# Units: 435

# Floors: 16

# Parking Levels: 4

$575,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,332
SQFT
2000 N Bayshore Dr 902 #902
Miami, FL 33137
CITE CONDO Subdivision
Foreclosure
$452,500
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,427
SQFT
2000 N Bayshore Dr 221 #221
Miami, FL 33137
CITE CONDO Subdivision
New Listing - 6 days online
$410,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,303
SQFT
2000 N Bayshore Dr 220 #220
Miami, FL 33137
CITE CONDO Subdivision
$399,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,074
SQFT
2000 N Bayshore Dr 522 #522
Miami, FL 33137
CITE CONDOMINIUMS Subdivision
Price Change - 4 days ago
$395,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,332
SQFT
2000 N Bayshore Dr 202 #202
Miami, FL 33137
CITE CONDO Subdivision
$394,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,390
SQFT
2001 Biscayne Blvd 2209 #2209
Miami, FL 33137
 
New Listing - a week online
$345,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,049
SQFT
2000 N Bayshore Dr 603 #603
Miami, FL 33137
CITE CONDO Subdivision
$345,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,068
SQFT
2000 N Bayshore Dr 1509 #1509
Miami, FL 33137
CITE CONDO Subdivision
New Listing - 4 weeks online
$339,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,049
SQFT
2000 N Bayshore Dr 203 #203
Miami, FL 33137
CITE CONDO Subdivision
New Listing - 3 days online
$330,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
981
SQFT
2000 N Bayshore Dr 323 #323
Miami, FL 33137
CITE CONDO Subdivision
$329,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
981
SQFT
2000 N Bayshore Dr 607 #607
Miami, FL 33137
CITE CONDO Subdivision
Price Change - 3 weeks ago
$325,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,092
SQFT
2000 N Bayshore Dr 409 #409
Miami, FL 33137
CITE CONDO Subdivision
$319,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,047
SQFT
2000 N Bayshore Dr 405 #405
Miami, FL 33137
CITE CONDO Subdivision
New Listing - 4 weeks online
$300,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
707
SQFT
2001 Biscayne Blvd 2108 #2108
Miami, FL 33137
CITE CONDO Subdivision
$289,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
739
SQFT
2000 N Bayshore Dr 312 #312
Miami, FL 33137
Cite Condo Subdivision
Price Change - 3 days ago
$280,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
740
SQFT
2000 N Bayshore Dr 513 #513
Miami, FL 33137
CITE CONDO Subdivision
$275,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
750
SQFT
2000 N Bayshore Dr 608 #608
Miami, FL 33137
CITE CONDO Subdivision
$259,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
2001 Biscayne 3601 #3601
Miami, FL 33137
East Edgewater Subdivision
$259,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
796
SQFT
2001 Biscayne Blvd 2316 #2316
Miami, FL 33137
CITE CONDO Subdivision

Ross’s Comments – What you Need to Know about Cité on the Bay

Cité Condos consists of three low rise buildings (185 units) facing Biscayne Boulevard and a mid rise tower (250 units) and pool deck facing Bayshore Drive and Margaret Pace Park.

The low rise and mid rise towers offer a combination of loft and flats units that are connected by the 4-story parking structure.

The majority of units have high ceilings and either a street level or “garden” view, with a few of the units on Bayshore Drive facing the open bay.

While the design of most units are supposed to be “lofts” with exposed concrete ceilings, the concept struggles with some wall partitions not reaching the ceiling and smaller windows in most of the bedrooms.

The community pool for the mid rise buildings is situated in an inner courtyard, and therefore, it does not receive a fair amount of direct sunlight.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $302

RECENT PRICE/M² $3,251   

MAINTENANCE COST/SQ FT < $0.75

2 BEDROOM PRICE RANGE (2014-2015) $260,000 – $399,000

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UNIT SIZES  505 – 1,475 sq. ft (47 – 137 m²)

UNIT TYPES  Studio, 1, 2 and 3 bedrooms

# OF UNITS  435

# OF FLOORS  16

# OF PARKING LEVELS 4

ARCHITECT  Cohen, Freedman, Encinosa

DEVELOPER  MCZ/Centrum

PET POLICY  2 pets per unit subject to other restrictions. 

24-Hour Concierge, Valet and Security

Resort swimming pool

State-of-the-art fitness center overlooking pool deck

Club room with gourmet kitchen and entertainment center overlooking pool

2-story lobby

20,000 sf of on-site ground floor retail

MIDTOWN / EDGEWATER

The trendy areas of Edgewater, Midtown Miami, Wynwood Arts District and the Miami Design District, have quickly emerged as the next center of cultural, arts, commercial and residential growth just outside of the Downtown Miami district.

Major construction is already underway to further transform the Miami Design District into a destination for fashion, design and culture. In 2014, luxury fashion brands such as Givenchy, Miu Miu, Tom Ford, Fendi, and Dolce & Gabbana among others, will be opening in the Design District. The new development will also include buildings by renowned architects Sou Fujimoto, Aranda/Lasch, Iwamoto Scott and Leong Leong.

In what used to be the manufacturing district of Miami, over the past few years local developers have rehabilitated warehouses and other unused buildings into the Wynwood Arts District. Today, Wynwood consists of numerous art complexes, galleries, performing art spaces, restaurants and cafes.

Due to its strategic location and availability of waterfront property, Edgewater is currently realizing the largest growth of these submarket areas with over 2,600 new residential units under construction. According to a study released by the Miami DDA, this is a 67 percent increase over the current size of the market. This, combined with the development opportunities surrounding the Arsht Center for Performing Arts, present the most potential for long-term growth in the Greater Downtown Miami Market.

Based on the historical absorption of new residential units (since 2001) and the anticipated annual delivery of new units, we expect that there will still be considerable residual pent-up demand for new construction condos in the area over the next four or five years.