$5,100,000

2020 Bayshore Dr #PH 4702, Miami, FL 33137

Bedrooms
4
Baths
5
Living area
4,055 ft²
Price per ft²
$1,258 / ft²
Type
Condo
Year built
2010
HOA
$6,206 / mo HOA
On market
214 days on market
MLS #
A11978056

Designed for true indoor-outdoor living, PH4702 features four private balconies positioned to capture both sunrise and sunset. In Miami, oversized terraces can look impressive on paper but often become difficult to use due to direct sun, wind and rain. Here, four well-proportioned balconies provide more comfortable, functional outdoor spaces that can be enjoyed throughout the year. PH4702, the TOP FLOOR penthouse at Paramount Bay, offers unobstructed 360° views of Biscayne Bay, Miami Beach and the Miami skyline from the 47th floor. With 4 bedrooms, 4.5 bathrooms and 4,055 SF of interior space, it matches the largest floor plan in the building. A private elevator opens directly into the foyer. Walls of glass fill the residence with natural light, highlighting spacious living and dining areas and a split-bedroom layout. The primary suite offers water views, a spa-inspired bath and expansive closets. The fourth bedroom is ideal for guests, staff or a private office. The kitchen features Wolf appliances, a wine cooler, dual ovens and a Miele coffee maker. Featured in “Some Like It Hot: Inspiring Spaces by Florida’s Hottest Designers,” with interiors by Whitney Bloom. Paramount Bay was designed by Arquitectonica with interiors by Lenny Kravitz Design, near Whole Foods, Publix, Margaret Pace Park, waterfront dining, Miami Beach, the Design District, Brickell and MIA.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,258. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 38% above the median.
  • Position in the area’s price distributionThe asking price is $5,100,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 647% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $6,206 per month comes to $74,472 a year — 1.5% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$1,530,000
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$24,426
Loan amount
$3,570,000
Total interest over the term
$5,223,496
Total repaid
$8,793,496

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

The Corcoran Group

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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