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Condo Listing
Paramount on the Bay · #2502
$2,350,000
2020 N Bayshore Dr #2502, Miami, FL, 33137 · Edgewater
2020 N Bayshore Dr #2502, Miami, FL, 33137 · Edgewater
Take a closer look
Listed HOA: $3,404 · Last reported tax: $34,190/yr
$19,434/mo
$470,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Arrive by private elevator to your personal foyer and step into a light-filled, glass-walled residence where the open kitchen, living, and dining areas immediately draw your eyes to the endless blue of Biscayne Bay. The main terrace showcases spectacular sweeping water views of the Bay, the Ocean, parks, the Port, Miami Beach, and the Islands, while the west balcony captures colorful sunsets and skyline views stretching toward Wynwood, the Design District, and Miami’s northwest neighborhoods. This designer 3-bedroom, 3.5-bath residence spans 2,201 SF and features en-suite bedrooms, walk-in closets, and spacious balconies—each with its own unique perspective of this tropical paradise. The highly sought-after 02 line includes impact glass walls and doors, two A/C zones with Nest thermostats, Somfy curtains and blackout shades, Sub-Zero refrigerator, Wolf built-in oven and cooktop, wine cooler, Lutron dimmer lighting, large-format white ceramic floors & a laundry storage room. The unit also includes one assigned garage space with EV charger and private elevator access. Paramount Bay is a luxurious, established waterfront tower known for its high-fashion design, resort-style amenities, and serene atmosphere. Residents enjoy beautifully designed lobby spaces, pools, spa, sauna, fitness center, and common areas that are truly anything but ordinary—creating the feeling of a permanent vacation suspended above water, just moments from the best of Miami & the beaches.
Unit 2502 has 2 MLS listing records since 2021: 2 for sale. It last sold for $1,760,000 in May 2021.
Listed for sale at $2,350,000 (originally $2,600,000)
Sale at $1,799,000
Sold for $1,760,000 on May 5, 2021
Source: MLS listing records. Dates and prices are as entered by listing brokerages.
Paramount Bay, marketed as Paramount on the Bay, is a 47-story bayfront condominium tower at 2020 North Bayshore Drive in Edgewater, Miami, completed in 2012 by Royal Palm Communities after the project was revived from a stalled 2010 shell originally known as Edgewater Square. Arquitectonica designed the 554-foot tower with a curved bayfront massing, and Lenny Kravitz's Kravitz Design Inc. shaped the interiors, including the three-story 30-foot lobby with mahogany doors and a finish palette of wood, brass, bronze, and leather wall treatments. Paramount Bay delivers 346 residences with 10 penthouses, organized as one-bedroom homes from 1,128 to 1,246 square feet, two-bedroom from 1,128 to 2,996, three-bedroom from 1,679 to 1,842, and four-bedroom from 2,201 to 4,437 square feet, with penthouses to 5,173 square feet, 10-foot ceilings, and 8-foot-deep balconies. The site sits directly on Biscayne Bay between Margaret Pace Park to the south and Edgewater's waterfront block to the north, immediately across from the Venetian Causeway approach. Paramount on the Bay puts residents minutes from the Adrienne Arsht Center for the Performing Arts, the Perez Art Museum Miami, the Phillip and Patricia Frost Museum of Science, the Miami Design District, Wynwood Walls, Midtown Miami, and Downtown Miami, with quick access to Brickell, South Beach, and Miami International Airport. Residences open through floor-to-ceiling glass and private elevators to deep terraces with bay, ocean, and skyline orientations. The Kravitz-designed amenity podium includes a sunrise waterfront pool with multiple decks, cabanas, and verandas; a two-level glass-walled fitness center cantilevered over Biscayne Bay; a Pilates studio; men's and women's locker rooms with sauna and steam; and a full spa. Paramount Bay rounds out the program with a 40-seat private screening theater, a billiards room, multi-function party and club rooms, dedicated children's and teens' areas, an on-site car wash, and a residents' shuttle to the Eden Roc Renaissance Miami Beach, served by 24-hour concierge, valet, and security.
Floor plans and unit details are subject to change. Contact us for the most current information.
2020 N Bayshore Dr #2502, Miami, FL, 33137