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Waterfront · Condominium
$2,499,000$1,135 / sqft

2020 N Bayshore Dr # 3902, Miami FL 33137

4
Bedrooms
4
Bathrooms
2,201 sqft
Interior
2010
Year built
$3,404 / mo
HOA
Condominium
Type

About this home

Beautifully upgraded, reconfigured 4-bedroom residence at Paramount Bay with unobstructed views of Biscayne Bay, the Atlantic Ocean, the skyline, and Port of Miami. This high-floor home features floor-to-ceiling impact glass, a spacious private terrace, and a split layout with bright living and dining areas. The open chef’s kitchen includes premium appliances, custom cabinetry, and stone countertops. All bedrooms are private ensuites with terraces with the exception of one. The primary suite offers a spa-like bath and ample built in closets. Paramount Bay features concierge, valet, fitness center, spa, and resort-style pools. Prime Edgewater location near parks, shopping, dining, and top Miami destinations. A truly unique opportunity to secure a high-floor residence that defines sophisticated Miami waterfront living.

Features

  • Lobby
  • Bar
  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Other
  • Bay
  • Ocean View

Estimated loan & HOA

$16,040

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$12,636
HOA
$3,404 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
One Sotheby's International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.