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Waterfront · Condominium
$2,150,000$977 / sqft
2020 N Bayshore Dr # 3102, Miami FL 33137
Listed
3
Bedrooms
4
Bathrooms
2,201 sqft
Interior
2010
Year built
$3,404 / mo
HOA
Condominium
Type
About this home
First time ever on the market! This exceptional high-floor residence at Paramount Bay, Unit 3102, offers a rare opportunity to own a never-before-listed home in one of Edgewater’s most desirable waterfront buildings. This 3 bdr + Den converted to bdr, 3.5 bathrooms Perched on the 31st floor, this expansive unit features breathtaking, unobstructed bay and city skyline views through floor-to-ceiling impact glass and an oversized private terrace ideal for sunrise mornings and evening entertaining. The thoughtfully designed split floor plan provides generous living and dining areas filled with natural light, an open chef’s kitchen with premium appliances, custom cabinetry, and stone countertops. The spacious primary suite includes a spa-inspired bath and ample closet space. Secondary bedrooms are well-proportioned with en-suite baths, offering comfort and privacy for guests or family. Paramount Bay is a full-service luxury building with resort-style amenities including 24-hour concierge, valet, state-of-the-art fitness center, spa treatment rooms, sunrise and sunset pools, and beautifully landscaped grounds. Located in the heart of Edgewater, just minutes from the Design District, Wynwood, Downtown Miami, and Miami Beach. A truly unique opportunity to secure a high-floor residence that has never been offered for sale. Ideal as a primary residence or investment. Easy to show. Note: Some interior photos are virtually staged. No structural changes have been made to the unit
Features
- Elevator
- Walk-In Closet(s)
- Barbeque
- Open Balcony
- Other
- Bay
Leasing
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 $2,900–$11,500.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.