Paramount Bay Condo Residences in Edgewater, Miami

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Paramount Bay apartments for sale and rent

2020 N Bayshore Drive, Miami, FL 33137

24 for Sale
19 for Rent
Built in 2010

Apartments in Building:

338

Floors in Building:

Developer:

Royal Palm Communities

Architect:

Arquitectonica

Building height: 1820 ft / 169.10 m

#1 Tallest in Edgewater

#34 Tallest in Miami

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Building Details & Policies

Long-term rentals only
Rental Policy:
2 times a Year, 6 Months minimum
Lease after Purchase: Okay To Lease
Pet Policy: Maximum 20 Lbs, Possible Restrictions

Apartment Mix in Paramount Bay

Total

338
Studios

0
1 Bed

126
2 Bed

99
3 Bed

102
4+ Bed

11

Maintenance: $0.80 per sq.ft. / $8.61 per m²

Actual maintenance per unit may vary

Developer:

Royal Palm Communities

Architect:

Arquitectonica

Building height: 1820ft(169.10m)

1th tallest in Edgewater

34th tallest in Miami

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24 for Sale

1 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
	2204	1/2	1,135 ft² (105m²)	$955,000 12% $1,080,000	n/a	Oct 18, 24	$841 ($9,057)
	1705	1/2	1,147 ft² (107m²)	$940,000 10% $1,050,000	n/a	Oct 18, 24	$820 ($8,821)

2 Bedroom Units for Sale in Paramount Bay

Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
3307	2/2.5	1,673 ft² (155m²)	$1,675,000 9% $1,845,000	n/a	Feb 18, 25	$1,001 ($10,777)
1207	2/2.5	1,673 ft² (155m²)	$1,640,000 3% $1,690,000	n/a	Mar 19, 25	$980 ($10,552)
2007	2/2.5	1,673 ft² (155m²)	$1,635,000 8% $1,780,000	Furnished, Turn Key Furnished	Oct 28, 24	$977 ($10,519)
3706	2/2.5	1,666 ft² (155m²)	$1,630,000 1% $1,650,000	Unfurnished	Dec 26, 24	$978 ($10,531)
4101	2/2.5	1,588 ft² (148m²)	$1,565,000	Furniture For Sale	Mar 18, 25	$986 ($10,608)
2001	2/2.5	1,588 ft² (148m²)	$1,555,000	Furnished	May 16, 25	$979 ($10,540)
2907	2/2.5	1,673 ft² (155m²)	$1,550,000 9% $1,695,000	Partially	Mar 01, 25	$926 ($9,973)
2206	2/2.5	1,666 ft² (155m²)	$1,540,000	Unfurnished	Jan 08, 25	$924 ($9,950)
2508	2/2	1,128 ft² (105m²)	$1,125,000 4% $1,175,000	n/a	Jan 20, 25	$997 ($10,735)
1708	2/2	1,128 ft² (105m²)	$1,125,000	Furniture For Sale	Feb 14, 25	$997 ($10,735)
2509	2/2	1,128 ft² (105m²)	$1,075,000 7% $1,150,000	Furnished	Dec 20, 24	$953 ($10,258)
3508	2/2	1,128 ft² (105m²)	$985,000	n/a	Apr 14, 25	$873 ($9,399)
3105	2/2	1,147 ft² (107m²)	$975,000	Furnished	May 16, 25	$850 ($9,150)
1205	2/2	1,147 ft² (107m²)	$940,000 3% $970,000	n/a	Mar 27, 25	$820 ($8,821)
2208	2/2	1,128 ft² (105m²)	$939,000 2% $959,000	n/a	Jan 14, 25	$832 ($8,960)
TH 104	2/2	1,637 ft² (152m²)	$930,000 2% $949,000	n/a	Mar 07, 25	$568 ($6,115)
1008	2/2	1,128 ft² (105m²)	$930,000 7% $1,000,000	n/a	Dec 13, 24	$824 ($8,875)
TH103	2/2	1,637 ft² (152m²)	$930,000 2% $945,000	n/a	Mar 05, 25	$568 ($6,115)
2908	2/2	1,128 ft² (105m²)	$925,000 4% $959,999	n/a	Dec 27, 24	$820 ($8,827)

3 Bedroom Units for Sale in Paramount Bay

Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
2302	3/3.5	2,201 ft² (204m²)	$2,595,000	n/a	Feb 04, 25	$1,179 ($12,691)
803	3/3	1,708 ft² (159m²)	$1,790,000	Unfurnished	NEW Jun 11, 25	$1,048 ($11,281)
1203	3/3	1,708 ft² (159m²)	$1,600,000	Furnished	Apr 10, 25	$937 ($10,083)

Pending Sales in Paramount Bay These are recent sales that have not closed. The final sales prace will be published after the property closed.

19 for Rent

Please note!!!

Seasonal rentals are possible at Paramount Bay, however availability is limited. According to condominium policies the minimum rental period at Paramount Bay is 6 Months. For stays of less than 6 months, please visit our list of Miami Condos that allow short term rentals.

1 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
	2105	1/2	1,147 ft² (107m²)	$7,000 4% $6,700	Furnished	May 30, 25	$6 ( $66)

2 Bedroom Units for Rent in Paramount Bay

Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
3607	2/2.5	1,673 ft² (155m²)	$10,000	Furnished	Apr 15, 25	$6 ( $64)
1006	2/2.5	1,666 ft² (155m²)	$8,500	Furnished	Jun 05, 25	$5 ( $55)
3307	2/2.5	1,673 ft² (155m²)	$8,400	Partially	Apr 07, 25	$5 ( $54)
3507	2/2.5	1,673 ft² (155m²)	$7,950	Unfurnished	Jun 02, 25	$5 ( $51)
2404	2/2	1,135 ft² (105m²)	$7,900	Furnished	Mar 18, 25	$7 ( $75)
3706	2/2.5	1,666 ft² (155m²)	$7,775 2% $7,900	Unfurnished	May 16, 25	$5 ( $50)
1604	2/2	1,135 ft² (105m²)	$7,500	Furnished	May 15, 25	$7 ( $71)
3308	2/2	1,128 ft² (105m²)	$6,900 4% $7,200	Furnished	May 05, 25	$6 ( $66)
2508	2/2	1,128 ft² (105m²)	$6,600	Furnished	Apr 30, 25	$6 ( $63)
3508	2/2	1,128 ft² (105m²)	$6,500	Unfurnished	Feb 06, 25	$6 ( $62)
1008	2/2	1,214 ft² (113m²)	$6,500	Furnished	May 14, 25	$5 ( $58)
3904	2/2	1,135 ft² (105m²)	$6,450	Unfurnished	May 08, 25	$6 ( $61)
3408	2/2	1,128 ft² (105m²)	$6,245 11% $6,995	Furnished	Mar 19, 25	$6 ( $60)
3009	2/2	1,128 ft² (105m²)	$6,195	Furnished	Jun 02, 25	$5 ( $59)
2005	2/2	1,147 ft² (107m²)	$6,100	Unfurnished	May 14, 25	$5 ( $57)

3 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
	1203	3/3	1,708 ft² (159m²)	$10,500	Furnished	Mar 21, 25	$6 ( $66)
	3703	3/3	1,708 ft² (159m²)	$9,600 4% $10,000	Unfurnished	May 01, 25	$6 ( $60)

4 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
	1602	4/3.5	2,201 ft² (204m²)	$11,950	Unfurnished	Jun 09, 25	$5 ( $58)

Statistics

24 of 338 for Sale (7%)

19 of 338 for Rent (6%)

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Average Sales Prices by Units in Paramount Bay

Average Asking Price vs Average Sold Price in Paramount Bay

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Condos for Sale

from $925,000 to $2,595,000

Condos for Rent

from $6,100 to $11,950

Maintenance:
0.80 per ft² ($ 8.61
Built in:
2010
Units in Building:
338
Floors in Building:
47
Condo Sizes:
0 - 2,201 ft² (105 - 204) m²
Architect:
Arquitectonica
Developer:
Royal Palm Communities

A perfect blend of refined city apartment and casual beach home, life at Paramount Bay is comfortable luxury. Envisioned by Lenny Kravitz for Kravitz Design Inc., Paramount Bay’s distinctive residential living experience represents the epitome of refined cool, sophistication, pleasure and peace.

The grand 47-story architectural wonder, designed by Arquitectonica, offers spacious waterfront residences in a fresh, richly landscaped environment and is conveniently located close to the eclectic delights of Miami’s popular Design District, Wynwood Arts District and Downtown. Paramount Bay is your personal sanctuary, an ode to thoughtful design, distinguished by a lifestyle that is as much global as it is local.

PARAMOUNT BAY BUILDING FEATURES

Grand lobby with 30-foot high ceilings and individual elevator banks
Lushly landscaped entrance plaza with fountain and iconic porte-cochère
Grand Club Room equipped with a top-of-the-line kitchen and the latest entertainment systems
Main pool deck with a 91-foot-long pool, featuring cabanas and outdoor games
A second private sunrise waterfront pool
Two-story 6,000-square-foot spa and fitness center with state-of-the-art equipment, including Wii Fit, sauna, steam and private treatment rooms
Pilates Studio
Shuttle service to Eden Roc Renaissance Miami Beach
Business lounge featuring video conferencing and private meeting space
Separate teen and children’s area with live view webcams
On-site car wash service
Pedestrian streetscape with retail and outdoor café
Wireless high-speed Internet throughout the common areas
Building-wide fiber optic backbone allowing for the fastest Internet possible
Valet and assigned covered parking
24-hour security with video surveillance
Concierge/Butler
Pet-friendly environment

PARAMOUNT BAY RESIDENCE FEATURES

Spacious open floor plans with 10-foot-high ceilings
Full-length floor to ceiling glass walls, which allow for expansive panoramic views of Biscayne Bay and beyond
Generous 8-foot deep private terraces with glass railings Stainless steel Wolf/ Sub-Zero appliances
Italian wood cabinetry and top-quality stone countertops
Solid core entrance doors
Chrome kitchen and bath fixtures
Rain head and hand-held showers surrounded by frameless glass for open bay views
Floating vanities with double vertical storage units
Smart technology
Large walk-in closets
Complete laundry room with washer and dryer

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