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Waterfront · Condominium
$1,690,000$1,014 / sqft
2020 N Bayshore Dr # 1906, Miami FL 33137
Listed
2
Bedrooms
3
Bathrooms
1,666 sqft
Interior
2010
Year built
$2,734 / mo
HOA
Condominium
Type
About this home
Experience refined waterfront living in this expansive unit showcasing breathtaking, direct bay views from one of Edgewater’s most prestigious bayfront addresses. This elegant 2 + den home has been tastefully upgraded with custom Italian doors, rich wood flooring, and a suite of premium Gaggenau appliances. Private elevator foyer, thoughtful layout with a spacious laundry room, generously sized bedrooms, walk-in closets, and two sweeping balconies that capture uninterrupted vistas of the water and the city skyline. Perfectly positioned near Margaret Pace Park, Downtown, Wynwood, and Miami Beach, Paramount Bay offers a premier location complemented by resort-style amenities including sunrise and sunset pools, jacuzzi, full-service spa and fitness center, theater, and 24/7 concierge.
Features
- Lobby
- Closet Cabinetry
- Cooking Island
- Elevator
- Entrance Foyer
- Den/Library/Office
- Utility Room/Laundry
- Open Balcony
- Bay
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$4,801.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.