2020 N Bayshore Dr
Miami, FL 33137
$12,500/mo
About this home
Welcome to Unit 1602 at Paramount Bay—a rare 4-bedroom, 3.5-bath corner residence with panoramic views of Biscayne Bay and the Miami skyline. This spacious, flow-through layout features floor-to-ceiling windows, marble floors, and a wraparound terrace that blends indoor-outdoor living. The chef’s kitchen includes Sub-Zero and Wolf appliances, custom cabinetry, and an oversized island perfect for entertaining. Each bedroom has en-suite baths and ample closet space, while the primary suite features a spa-like bathroom and private terrace access. In the heart of Edgewater, Paramount Bay offers five-star amenities including sunrise and sunset pools, full-service spa, fitness center, club room, valet, and 24-hour concierge. Minutes from Wynwood, the Design District, and Downtown Miami.
Features
- Waterfront
Property details
Listing
- MLS #
- A12033047
- Status
- For sale
- Listed on
- Jun 8, 2026
- Days on market
- 66 days
- Listing data updated
- Aug 6, 2026
Interior
- Beds
- 4
- Baths
- 3.5
- Living area
- 2,201 ft²
- Unit
- 1602
Building & community
- Type
- Condo
- Year built
- 2010
- County
- Miami-Dade
Lot & exterior
- Waterfront
- 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.
Building structural health (SIRS)
No filing record foundWe 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?
Location
This listing is courtesy of Compass Florida, LLC.
Alex Algarin · 786-295-7184 · alex@algaringroup.com · 305-851-2820
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.



