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2020 N Bayshore Dr, Miami FL 33137

Penthouse For Sale
$5,850,000

BTC: 95.27687296

ETH: 3,350.51546392

128 days
Waterfront
4 bds
4 ba
4,437 sqft

Overview

Spectacular penthouse at Paramount Bay offering breathtaking, unobstructed views of Miami, Biscayne Bay, and Miami Beach from every angle. This 4,437 SF, sun-filled residence features 4 spacious bedrooms, 4.5 bathrooms, and exceptional natural light throughout. A truly one-of-a-kind 5,000 SF private terrace wraps the home, creating the ultimate setting for entertaining, outdoor living, and enjoying Miami’s iconic skyline and sunsets. Located in one of Edgewater’s most sought-after full-service buildings, Paramount Bay offers resort-style amenities including a waterfront pool, state-of-the-art fitness center, and 24/7 valet and concierge services. The unit includes two assigned parking spaces and a private storage unit. A rare opportunity to own a trophy penthouse combining luxury, scale, and world-class views.

Location

Florida • Miami • 33137 • Penthouse • For Sale • Waterfront

Details

Type:
Residential
Parking:
2 Or More Spaces
Year Built:
2010
Lot:
No Data
Heating:
Central
Price/sqft:
$1,318
Cooling:
Central Air
HOA:
$6,206

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,975,000
$4.8M – $14.3M
Confidence Low
List vs. estimate
$875K above estimate
List $5,850,000 · +17.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,318
+18.0% vs. city median $1,117
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $742K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$78,454
2025
HOA
$6,206/mo
View
Bay, Ocean View
Waterfront
Yes
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Marble

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    Other interior features

    • Entrance Foyer

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-089-3420

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $6,206

    • HOA Frequency: Monthly

    • Annual tax amount: $78,454

  • Source details

    • MLS ID: A11949350

    Other facts

    • Construction Materials: CBS Construction / Elevated Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: Corner Unit / High Rise / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 4437

    • Subdivision Name: PARAMOUNT BAY CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33137
606
median $819K
Active
Same city
Miami
11,708
median $649K
Active
Same type
Penthouse
187
median $2.2M
Active
Similar price
$4.1M – $7.6M
489
median $5.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman