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Buildings/Coconut Grove/PARAMOUNT BAY CONDO

Luxury

PARAMOUNT BAY CONDO

Paramount Bay Condo

2020 N Bayshore Dr, Miami 33137

★ 4.6

2010

Year Built

339

Units

CI Score

Strong

For Sale

$1.7M

Avg Price

$869

Sale $/SF

For Rent

$10,500

Avg Rent

$6.21

Rent $/SF

-2.5%

YoY

For Sale

For Rent

Investor-Owned

65%

Avg HOA

$2,744.5/mo

Paramount Bay is an ultra-luxury waterfront condominium located in the prestigious Edgewater neighborhood of Miami, featuring 339 units with floor plans ranging from 1,128 to 4,055 square feet. Built in 2010, the building offers direct Biscayne Bay views and proximity to Miami's cultural and dining destinations. With an investment score of 82.03/100 and average pricing at $868.64 per square foot, the property caters to affluent buyers and renters seeking premium waterfront living.

Building Details

Address

2020 N Bayshore Dr, Miami, 33137

Neighborhood

Coconut Grove

Year Built

2010

Total Units

339

Avg Unit Sqft

1,589 SF

Tier

Luxury

Avg $/SF

$868.64

Avg Rent

$10,500/mo

Rent $/SF

$6.21/SF

HOA Range

$1,802 – $6,206

Google Rating

4.6 (117 reviews)

Neighborhood Rank

Top 4%

Avg Unit Value

$1.2M

Total Sales (All-Time)

798

Phone

(305) 514-0990

Amenities

Fitness CenterSwimming PoolConcierge ServiceValet Parking24-Hour SecurityLobbyElevatorParking GarageBay Views

Visit Building Website →

Market Data

Sale Price Trend ($/SF)

$915

+1.7%

Rental Price Trend ($/SF)

$4.78

-25.8%

Building Activity

Days on Market

days

Normal pace

Months of Inventory

15.3

months

Buyer's market

Sale-to-List Ratio

95.4%

Fair negotiation

Price Reductions

67%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Sales & Listings

Active Listings

For Sale (6)

$875K

Unit TH103

2 bd2 ba1,637 sf

$534/SF151 DOM

$889K

Unit 1205

2 bd2 ba1,147 sf

$775/SF58 DOM

$975K

Unit 908

2 bd2 ba1,128 sf

$864/SF

$1.0M

Unit 1204

2 bd2 ba1,135 sf

$897/SF28 DOM

$1.1M

2 bd2 ba1,128 sf

$1.1M

2 bd2 ba1,128 sf

For Rent (6)

$6K

Unit 805

2 bd2 ba1,147 sf

$6/SF7 DOM

$6K

Unit 3009

2 bd2 ba1,128 sf

$6/SF2 DOM

$7K

Unit 2204

2 bd2 ba1,135 sf

$6/SF

$7K

Unit 605

1 bd2 ba1,147 sf

$6/SF10 DOM

$7K

Unit 1908

2 bd2 ba1,128 sf

$6/SF22 DOM

$7K

Unit 908

2 bd2 ba1,128 sf

$6/SF

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Feb 20, 2026	$1.4M	$852.34	2/3	1,666
Feb 17, 2026	$2.1M	$976.83	3/4	2,201
Jan 5, 2026	$1.5M	$900.36	2/3	1,666
Dec 29, 2025	$1.4M	$866.71	2/3	1,673
Dec 23, 2025	$1.3M

Units & Ownership

Total Units

339

Avg Sqft

1,589 SF

Avg Assessed

$1.0M

Owner-Occupied

35%

Tax & Ownership

Investor-Owned

65%

Owner-Occupied

35%

Avg Assessed Value

$1.0M

Avg Taxable Value

$997K

Effective Year Built

2010

Zoning

4604

Unit Mix

1 BR126

Avg 1,148 SF

2 BR99

Avg 1,639 SF

3 BR102

Avg 1,878 SF

4 BR10

Avg 3,500 SF

5 BR1

Avg 3,660 SF

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Unit Directory

Showing 10 of 339 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
501	2	2	1,588	$828K	—	$940K	$592	Oct 2014
502	3	3	2,201	$1.4M	✓	$1.9M	$841	Jul 2021
601	2	2	1,588	$808K	✓	$799K	$503	Jun 2021
602	3	3	2,201	$1.6M	—	$1.5M	$670	Jan 2014
603	3	3	1,708	$1.2M	—	$910K	$533	Jan 2021
604	1	2	1,135	$598K	—	$650K	$573	Sep 2014
605	1	2	1,147	$598K	—	$384K	$335	Jan 2012
606	2	2	1,666	$657K	✓	$855K	$513	Mar 2018
607	2	2	1,673	$1.1M	—	$1.5M	$915	May 2024

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PARAMOUNT BAY CONDO

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