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2020 N Bayshore Dr # 2909, Miami FL 33137
About this home
Experience elevated waterfront living at Paramount Bay in the heart of Edgewater. This stunning 2-bedroom, 2-bath residence offers Biscayne Bay panoramics with private foyer entry. Floor-to-ceiling glass, abundant natural light, 10 ft ceilings and a thoughtfully designed open-concept layout. Wake up to spectacular sunrises and Miami's skyline and bay. Rare Storage unit 14'4" x 15' 10" x 10ft H included in sale. Conveniently located on the same floor. 1 Parking space included. Residents access to premier amenities, including two resort-style pools, a state-of-the-art fitness center, spa facilities, concierge services, and beautifully curated common spaces designed by Lenny Kravitz. Ideally located close to the Design District, Wynwood, Midtown, Miami Beach, Downtown Miami and Margaret Pace Park.
Features
- Cooking Island
- Elevator
- Entrance Foyer
- Walk-In Closet(s)
- Bay
- Skyline
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,562
- HOA
- $1,876 / 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.
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.
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.