$4,200,000

2020 Bayshore Dr #3405-3406, Miami, FL 33137

Bedrooms
4
Baths
5
Type
Condo
Year built
2010
HOA
$4,407 / mo HOA
On market
36 days on market
MLS #
A12081376

Stunning waterfront residence at Paramount Bay offering nearly 3,000 SF of luxury living. This expansive 4BR/5BA home features private elevator entry, a dedicated media room, one of the building’s largest living rooms, and breathtaking Biscayne Bay and ocean views. Floor-to-ceiling glass, designer finishes, spa-inspired bathrooms, soaking tubs, oversized showers, and custom walk-in closets enhance the residence throughout. Chef’s kitchen with oversized island, 2 Sub-Zero refrigerators, 2 ovens, 2 microwaves, and 2 dishwashers. Includes 2 assigned parking spaces plus valet parking. Enjoy resort-style amenities including 24-hour concierge, spa, fitness center, sunrise and sunset pools, club room, business lounge, in the heart of Edgewater, minutes from Miami’s top destinations.

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.

  • Position in the area’s price distributionThe asking price is $4,200,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 515% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $4,407 per month comes to $52,884 a year — 1.3% 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%$1,260,000
Term

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

Estimated monthly payment$20,116
Loan amount
$2,940,000
Total interest over the term
$4,301,703
Total repaid
$7,241,703

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

Cervera Real Estate Inc.

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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