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

11 for Sale
12 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

#32 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

32th tallest in Miami

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11 for Sale

2 Bedroom Units for Sale in Paramount Bay

Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
3501	2/2.5	1,588 ft² (148m²)	$1,745,000	Furnished	Oct 15, 23	$1,099 ($11,828)
607	2/2.5	1,673 ft² (155m²)	$1,650,000	n/a	Nov 04, 23	$986 ($10,616)
4201	2/2.5	1,588 ft² (148m²)	$1,490,000	Unfurnished	NEW Dec 04, 23	$938 ($10,100)
707	2/2.5	1,673 ft² (155m²)	$1,435,000 2% $1,469,000	n/a	Oct 19, 23	$858 ($9,233)
2305	2/2	1,147 ft² (107m²)	$1,249,000	n/a	Nov 27, 23	$1,089 ($11,721)
1509	2/2	1,128 ft² (105m²)	$1,244,999	n/a	Aug 21, 23	$1,104 ($11,880)

3 Bedroom Units for Sale in Paramount Bay

Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
2702	3/3.5	2,201 ft² (204m²)	$2,720,000	Furnished	Sep 11, 23	$1,236 ($13,302)
3410	3/3	1,679 ft² (156m²)	$2,000,000	Unfurnished	Oct 02, 23	$1,191 ($12,822)
1603	3/3	1,708 ft² (159m²)	$1,760,000 5% $1,850,000	n/a	Jan 20, 23	$1,030 ($11,092)

4 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
	PH#3708	4/4.5	2,760 ft² (256m²)	$5,495,000 4% $5,700,000	Furnished	Aug 03, 23	$1,991 ($21,430)

5 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Baths	Living Area	Price	Furniture	Listed on	$ per ft² (m²)
	PH3906	5/5.5	3,996 ft² (371m²)	$4,695,000 18% $5,695,000	n/a	Aug 01, 23	$1,175 ($12,647)

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

12 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)
	1808	1/2	1,128 ft² (105m²)	$5,700 12% $6,500	Unfurnished	Oct 06, 23	$5 ( $54)

2 Bedroom Units for Rent in Paramount Bay

Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
3501	2/2.5	1,588 ft² (148m²)	$8,500	Furnished	Nov 27, 23	$5 ( $58)
2404	2/2	1,135 ft² (105m²)	$7,900 12% $9,000	Furnished	Aug 22, 23	$7 ( $75)
1204	2/2	1,135 ft² (105m²)	$7,435	Furnished	Sep 06, 23	$7 ( $71)
2508	2/2	1,128 ft² (105m²)	$6,750	Partially	Nov 13, 23	$6 ( $64)
608	2/2	1,128 ft² (105m²)	$6,250 11% $7,000	Furnished	Jul 07, 23	$6 ( $60)

3 Bedroom Units for Rent in Paramount Bay

Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
2702	3/3.5	2,353 ft² (219m²)	$20,000	Furnished	Sep 11, 23	$8 ( $91)
602	3/3.5	2,201 ft² (204m²)	$15,000	Furnished	Oct 09, 23	$7 ( $73)
2903	3/3	1,708 ft² (159m²)	$12,000	Furnished	Aug 30, 23	$7 ( $76)
3510	3/3	1,679 ft² (156m²)	$10,900 5% $11,500	Unfurnished	Nov 17, 23	$6 ( $70)
1610	3/3	1,679 ft² (156m²)	$8,940 7% $9,650	Furnished	Oct 10, 23	$5 ( $57)

5 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Baths	Living Area	Rent	Furniture	Listed on	$ per ft² (m²)
	PH3906	5/5.5	3,996 ft² (371m²)	$23,950 4% $25,000	Unfurnished	Aug 01, 23	$6 ( $65)

Statistics

11 of 338 for Sale (3%)

12 of 338 for Rent (4%)

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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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Sold in Last 12 Months

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Condos for Sale

from $1,244,999 to $5,495,000

Condos for Rent

from $5,700 to $23,950

Maintenance:
0.80 per ft² ($ 8.61
Built in:
2010
Units in Building:
338
Floors in Building:
47
Condo Sizes:
0 - 3,996 ft² (105 - 371) 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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