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Waterfront · Condominium
$899,000$797 / sqft
2020 N Bayshore Dr # 708, Miami FL 33137
Listed
2
Bedrooms
2
Bathrooms
1,128 sqft
Interior
2010
Year built
$1,800 / mo
HOA
Condominium
Type
About this home
Experience elevated Miami living in the heart of Edgewater! This completely updated 2-bedroom, 2-bath residence combines modern luxury with breathtaking views of Biscayne Bay, the Miami skyline, and unforgettable sunsets. Enjoy the privacy and convenience of a private elevator with direct access to your residence, along with hurricane-impact windows and doors. From the moment you arrive, valet parking and concierge service provide a true luxury high-rise experience. Resort-style amenities include 2 pools, cabanas, movie lawn, kiddie splash zone, refreshments bar, gym, spa and exercise room, aerobics room, billiard room, teen room with arcade, ping pong, library, study and conference rooms, clubhouse available for private functions, Amazon services, and more. Ideally located in desirable Edgewater with convenient access to Downtown Miami, Brickell, Wynwood, the Design District, Miami Beach, dining, shopping, entertainment, parks, and the waterfront. This is more than condo living—it's the Miami lifestyle! 11 MILLION IN RESERVES. OVERSIZED BALCONY 18 FT DEEP.
Features
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Barbeque
- Courtyard
- Bay
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.