2020 N Bayshore Dr # 4702, Miami FL 33137, MIAMI, FL, 33137
Active161 days on marketListed Mar 7, 2026MLS #A11978056
About this home
2020 N Bayshore Dr # 4702, Miami FL 33137
PH4702, ONLY true penthouse at Paramount Bay, offers unobstructed 360° views of Biscayne Bay, Miami Beach, and the Miami skyline from the 47th floor. With 4 bedrooms, 4.5 bathrooms and 4,055 sqft of interior space, matching the largest floor plan in the building. Designed for indoor-outdoor living, it features 4 private balconies capturing sunrise and sunset, providing comfortable outdoor spaces year-round. Unlike oversized terraces exposed to wind, heat and rain, the balconies offer a more usable outdoor retreat. A private elevator opens directly into the foyer. Walls of glass flood the interiors with natural light, highlighting spacious living and dining areas and the split-bedroom layout. The primary suite offers water views, a spa-inspired bath and expansive closets. The fourth bedroom is ideal for in-law accommodations, staff quarters or a private office. The kitchen features Wolf appliances, including a wine cooler, dual ovens and a Miele coffee maker. The residence is featured in "Some Like It Hot: Inspiring Spaces By Florida's Hottest Designers," showcasing its design by Whitney Bloom. Located in Paramount Bay, designed by Arquitectonica with interiors by Lenny Kravitz’s, offering walkability to Whole Foods, Publix, Margaret Pace Park, and waterfront restaurants like Klaw, Casadonna and Amara. Located less than 20 mins from Miami Airport, Miami Beach, the Design District and Brickell, and near Art Basel and the Miami International Boat Show.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
4,055
Sqft
2
Garage
2010
Year built
$1,393
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$44,881 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$44,881/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs PARAMOUNT BAY CONDO
$1,393 vs $1,073
Days on market
161 vs 66 typical
Where $1,393/sqft sits among the 13 homes for sale in PARAMOUNT BAY CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 13
PARAMOUNT BAY CONDO have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1102% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 2020 N Bayshore Dr # 4702
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$2,150,000
2020 N Bayshore Dr # 2302, Miami FL 33137 · same community
3 bd · 3.5 ba · 2,201 sqft · $977/sqft · 305 DOM
Sold · Oct ’25$1,430,000
2020 N Bayshore Dr # 1203, Miami FL 33137 · same community
3 bd · 3 ba · 1,708 sqft · $837/sqft · 142 DOM
Sold · Jan ’26$1,672,800
2020 N Bayshore Dr # 4103, Miami FL 33137 · same community
3 bd · 3 ba · 1,708 sqft · $979/sqft · 15 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 2020 N Bayshore Dr # 4702 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2020 N Bayshore Dr # 4702 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
2020 N Bayshore Dr # 4702 FAQs
What would the monthly payment be for 2020 N Bayshore Dr # 4702, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $44,881/mo — principal and interest, the actual property-tax bill, the $6,206/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 2020 N Bayshore Dr # 4702, Miami FL 33137?+
The association fee works out to $6,206 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 2020 N Bayshore Dr # 4702, Miami FL 33137?+
The most recent tax bill on record (2025) was $70,910. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 2020 N Bayshore Dr # 4702, Miami FL 33137?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $5,650,000, this home is listed about 826% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2020 N Bayshore Dr # 4702, Miami FL 33137?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$5,650,000 runs 1102% above the MIAMI 33137 median — but at 4,055 sqft it's also nearly 3 times the size of the typical Miami listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $6,206/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
161 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of The Corcoran Group · Claudia Castano. MLS #A11978056.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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