2020 N Bayshore Dr

Miami, FL 33137

$4,300,000

$1,511/ft²

4Beds

4.5Baths

2,845Sq ft

2010Year built

CondoType

About this home

Don’t miss out on this rare opportunity to own a true trophy penthouse at Paramount Bay offering breathtaking panoramic views of Biscayne Bay, the Atlantic Ocean, & the Miami skyline. This expansive residence features an exceptional indoor-outdoor lifestyle w/more than 2,200 SF of terrace, ideal for entertaining & sunset dining. It has been extensively renovated with a modern, elevated design, featuring 10 ft floor-to-ceiling glass, linear diffusers, dropped & lit ceilings, & seamless flow. The sleek modern kitchen showcases oversized Sub-Zero refrigerator/freezer, full size wine fridge, 2 Wolf ovens, built-in coffee maker, island top Wolf range, & custom cabinets open to generous living & entertaining spaces flooded w/natural light. The primary suite is a spa-like retreat with stunning water views, walk-in closet, luxurious ceiling mounted rainfall shower, soaking tub, & dual vanity. A private rooftop terrace with a built in plunge pool, pergola, and outdoor kitchen sets this residence apart as one of the most luxurious penthouses in Miami. Resort quality amenities include 2 pools w/towel service, whirlpool, cabanas, & BBQs; fitness center w/weights, cardio, pilates reformer equipment, instructors, massage, steam room, & sauna; kid/teen rooms; billiards; banquet rooms; conference rooms; & comprehensive onsite staff, front desk services, maintenance, & valet parking. Enjoy close proximity to Margaret Pace Park, Design District, Wynwood, & Miami Beach!

Features

Waterfront
Private pool

Property details

Listing

MLS #: A11954078
Status: For sale
Listed on: Jan 29, 2026
Days on market: 193 days
Listing data updated: Jul 29, 2026

Interior

Beds: 4
Baths: 4.5
Living area: 2,845 ft²
Price per ft²: $1,511/ft²
Unit: PH-4104

Building & community

Type: Condo
Year built: 2010
HOA fee: $4,377/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $21,743
Property taxes (est.): $3,942
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $4,377

Estimated total$30,662*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?