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Condominium at 2020 N Bayshore Dr # 2502, Miami FL 33137Active
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Waterfront · Condominium
$2,450,000$1,113 / sqft

2020 N Bayshore Dr # 2502, Miami FL 33137

3
Bedrooms
4
Bathrooms
2,201 sqft
Interior
2010
Year built
$3,404 / mo
HOA
Condominium
Type

About this home

Arrive by private elevator to your personal foyer and step into a light-filled, glass-walled residence where the open kitchen, living, and dining areas immediately draw your eyes to the endless blue of Biscayne Bay. The main terrace showcases spectacular sweeping water views of the Bay, the Ocean, parks, the Port, Miami Beach, and the Islands, while the west balcony captures colorful sunsets and skyline views stretching toward Wynwood, the Design District, and Miami’s northwest neighborhoods. This designer 3-bedroom, 3.5-bath residence spans 2,201 SF and features en-suite bedrooms, walk-in closets, and spacious balconies—each with its own unique perspective of this tropical paradise. The highly sought-after 02 line includes impact glass walls and doors, two A/C zones with Nest thermostats, Somfy curtains and blackout shades, Sub-Zero refrigerator, Wolf built-in oven and cooktop, wine cooler, Lutron dimmer lighting, large-format white ceramic floors & a laundry storage room. The unit also includes one assigned garage space with EV charger and private elevator access. Paramount Bay is a luxurious, established waterfront tower known for its high-fashion design, resort-style amenities, and serene atmosphere. Residents enjoy beautifully designed lobby spaces, pools, spa, sauna, fitness center, and common areas that are truly anything but ordinary—creating the feeling of a permanent vacation suspended above water, just moments from the best of Miami & the beaches.

Features

  • Lobby
  • Closet Cabinetry
  • Elevator
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Bay
  • Ocean View
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$15,793

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$12,389
HOA
$3,404 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
United Realty Group Inc

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.