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4
Bedrooms
5
Bathrooms
— sqft
Interior
2010
Year built
$4,407 / mo
HOA
Condominium
Type
About this home
Stunning waterfront residence at Paramount Bay offering nearly 3,000 SF of luxury living. This expansive 4BR/5BA home features private elevator entry, a dedicated media room, one of the building’s largest living rooms, and breathtaking Biscayne Bay and ocean views. Floor-to-ceiling glass, designer finishes, spa-inspired bathrooms, soaking tubs, oversized showers, and custom walk-in closets enhance the residence throughout. Chef’s kitchen with oversized island, 2 Sub-Zero refrigerators, 2 ovens, 2 microwaves, and 2 dishwashers. Includes 2 assigned parking spaces plus valet parking. Enjoy resort-style amenities including 24-hour concierge, spa, fitness center, sunrise and sunset pools, club room, business lounge, in the heart of Edgewater, minutes from Miami’s top destinations.
Features
- First Floor Entry
- Built-in Features
- Elevator
- Entrance Foyer
- Pantry
- Volume Ceilings
- Open Balcony
- Bay
- Intracoastal View
Leasing
- Minimum lease
- 365 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 116 active listings; the middle half ask $15,000–$37,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.