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Waterfront · Condominium
$1,795,000$1,069 / sqft
2020 N Bayshore Dr # 1710, Miami FL 33137
Listed
3
Bedrooms
3
Bathrooms
1,679 sqft
Interior
2010
Year built
$2,615 / mo
HOA
Condominium
Type
About this home
Stunning 3BD/3BA corner residence at Paramount Bay featuring breathtaking panoramic views of Biscayne Bay and the Miami skyline. The highly desirable 10-line offers over 1,800 SF of living space, 10-ft ceilings, floor-to-ceiling glass, two oversized balconies, and an expansive primary suite. Beautifully finished with Italian porcelain floors throughout, a designer kitchen, and window treatments in every room, including electric blackout shades. Recent upgrades include a brand-new A/C system, new wine cooler, new washing machine, LED lighting throughout all closets, and under-cabinet kitchen lighting. Enjoy spectacular natural light and some of the best bay and skyline views in Miami. Paramount Bay offers exceptional amenities including sunrise and sunset pools, fitness center, spa, valet parking, and more. Prime Edgewater location directly across from Margaret Pace Park, with easy access to Miami Beach, Brickell, Downtown, and the Design District. A rare move-in-ready bayfront residence in one of Miami’s most desirable neighborhoods.
Features
- Lobby
- Closet Cabinetry
- Other
- Open Balcony
- Bay
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,300–$12,000.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.