MIAMI PRIMECondos

Paramount Bay Building Guide

2020 N Bayshore Dr, Miami, FL 33137 · Miami

15 for sale8 for rent$885K – $5.8M$1,068 / sqft median

Inside Paramount Bay

On 2020 N Bayshore Dr in Edgewater, Paramount Bay is a residential condominium and dates to 2010. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.

The layouts seen in recent MLS activity run from 1-bedroom plans up to 4-bedroom residences. Shared facilities on record for the building include billiard room, business center, child play area, clubhouse-clubroom, elevator secure and exercise room — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for Paramount Bay further down.

Building Record

Address
2020 N Bayshore Dr, Miami, FL 33137
Year Built
2010
Median Price / SqFt
$1,068

Shared Amenities at Paramount Bay

  • Billiard Room
  • Business Center
  • Child Play Area
  • Clubhouse-Clubroom
  • Elevator Secure
  • Exercise Room
  • Lobby Secured
  • Pool
  • Sauna
  • Bike Storage
  • Doorman
  • Fire Sprinklers
  • Heated Pool
  • Spa/Hot Tub
  • Trash Chute
  • Vehicle Wash Area
  • Barbecue
  • Cabana
  • Community Room
  • Elevator(s)
  • Exterior Lighting
  • Fire Alarm
  • Library
  • Private Pool

In-Unit Features at Paramount Bay

  • Utility Room/Laundry
  • Bay
  • Blinds
  • Closet Cabinetry
  • Dishwasher
  • Dryer
  • Electric Range
  • Elevator
  • High Impact Windows
  • Microwave
  • Refrigerator
  • Walk-In Closet(s)
  • Washer
  • Clear Impact Glass
  • Complete Impact Glass
  • Disposal
  • Entrance Foyer
  • Fire Sprinklers
  • Ice Maker
  • Impact Glass
  • Open Balcony
  • Self Cleaning Oven
  • Wall Oven
  • Built-in Features

Finishes differ from unit to unit; check any feature against the specific listing before relying on it.

Layouts & Floor Plans in Paramount Bay

Unit layouts recorded in Paramount Bay listings, active and recently closed:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath1,128–1,147 sqft11$885K$780
2 Bed / 2 Bath1,128–1,637 sqft13$889K$788
2 Bed / 3 Bath1,588–1,673 sqft41$1.4M – $1.8M$995
3 Bed / 3 Bath1,679–1,708 sqft12$1.8M$1,069
3 Bed / 4 Bath2,201 sqft3—$2.2M – $2.4M$1,043
4 Bed / 5 Bath2,760–4,437 sqft51$4.2M – $5.8M$1,368

Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.

Paramount Bay Listings

Paramount Bay — Units for Sale

Paramount Bay: Twelve-Month Condo Readout

A rolling year of recorded closings and signed leases for Paramount Bay, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.

Closed sales:
22
Median closed:
$1.4M
Per sqft:
$852
Median days to sell:
90
Year over year:
−3.4%
Leases signed:
25
Median rent:
$7,000/mo ($5.66/sqft)
0$1.0M$2.0MDecJanFebMarAprMayJunJulAugSepOctNovDec: $1.3M (3 sales)Jan: $1.7M (2 sales)Feb: $1.8M (4 sales)Apr: $1.6M (6 sales)May: $865K (1 sales)Jun: $1.4M (2 sales)Jul: $1.7M (2 sales)Aug: $823K (1 sales)Sep: $915K (1 sales)$1.3M$1.8M$915K
$1.4M
Median (12 mo)
22
Sales (12 mo)
90 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed————4$6,250$5.45
2 Bed17$915K$8118712$6,900$5.67
3 Bed5$1.8M$1,035907$9,500$5.66
4+ Bed————2$23,000$8.08
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Dec 20253$1.3M$819651$7,000$6.17
Jan 20262$1.7M$97987———
Feb 20264$1.8M$9773056$10,000$5.96
Mar 2026————3$7,100$6.02
Apr 20266$1.6M$93992———
May 20261$865K$754702$9,000$5.58
Jun 20262$1.4M$8494461$9,500$5.66
Jul 20262$1.7M$1,0161772$6,000$5.32
Aug 20261$823K$5032773$6,250$5.51
Sep 20261$915K$811853$7,000$5.45
Oct 2026————4$9,500$5.75
Nov 2026———————

Where Paramount Bay Sits

Towers to Compare With Paramount Bay

Comparable Edgewater buildings whose current listings overlap the Paramount Bay price band — worth touring side by side:

Questions Buyers Ask About Paramount Bay

Which association documents should I review before buying at Paramount Bay?

Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where Paramount Bay stands on both.

Does Paramount Bay allow pets?

Pet policy is set by the Paramount Bay association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.

What leasing rules apply to owners at Paramount Bay?

Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.

How do view lines and floor height affect value at Paramount Bay?

Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in Paramount Bay face which direction before you build a shortlist.

Does a unit at Paramount Bay come with parking?

Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.

How does Gromadzki Real Estate price a unit in Paramount Bay?

Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in Edgewater. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.

How old is Paramount Bay?

Paramount Bay dates to 2010.

What is the street address of Paramount Bay?

The building's address is 2020 N Bayshore Dr, Miami, FL 33137 — part of Edgewater. The map lower on this page pins its exact location.

Paramount Bay: Building Notes

Building file: Paramount Bay, Edgewater, Miami, Florida 33137 (Miami-Dade County). Credits — delivered 2010. Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing Paramount Bay usually tour Aria Reserve, Biscayne Beach and Missoni Baia as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.