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Paramount Bay

2020 N Bayshore Dr, Miami, FL, 33137
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 26, 2026
346
RESIDENCES
47
STORIES
2010
YEAR BUILT
$885K – $5.7M+
VALUE RANGE

Paramount Bay is a 47-story waterfront condominium at 2020 N Bayshore Drive in Miami's Edgewater neighborhood, completed in 2010 with 346 residences overlooking Biscayne Bay. The tower was designed by architecture firm Arquitectonica, known for its curved, sculptural form, with interiors created by musician Lenny Kravitz's design studio, Kravitz Design Inc. As a full-service building, Paramount Bay offers resort-style amenities including a waterfront pool, a fitness center, and 24-hour valet and concierge service. The building sits in one of Edgewater's most established bayfront enclaves, within walking distance of Margaret Pace Park, Whole Foods, Publix, and waterfront dining, and a short drive from Miami Beach, the Design District, Brickell, and Miami International Airport.

Available Residences at Paramount Bay

4 Bedroom Condos · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
4702$5,650,0004 / 5 / 14,055$1,393193
Listing courtesy of Claudia Castano, The Corcoran Group, 305-677-2036.
3708$4,750,0004 / 5 / 12,760$1,7210
Listing courtesy of Lourdes Alatriste, Douglas Elliman, 305-695-6060.
3406$4,200,0004 / 5 / 1——9
Listing courtesy of Paz Gomez Diaz, Cervera Real Estate Inc., 305-374-3434.
4104$4,150,0004 / 5 / 12,845$1,459219
Listing courtesy of Brian Smith, BHHS EWM Realty, 305-674-4000.

3 Bedroom Condos · 5 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2510$2,450,0003 / 4 / 11,679$1,459122
Listing courtesy of Valeria Vega, Florida Capital Realty, 786-953-5870.
2702$2,400,0003 / 4 / 12,201$1,090332
Listing courtesy of Ali Karan PLLC, Optimar International Realty, 305-947-0477.
2502$2,350,0003 / 4 / 12,201$1,068172
Listing courtesy of Eric Periu, United Realty Group Inc, 954-450-2000.
3102$2,150,0003 / 4 / 12,201$977107
Listing courtesy of Leyla Saghir, Miami Realty Solution Group, 786-361-7289.
1710$1,795,0003 / 31,679$1,0692
Listing courtesy of Juliana Ospina, Compass Florida, LLC, 305-851-2820.

2 Bedroom Condos · 5 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3307$1,795,0002 / 3 / 11,673$1,073207
Listing courtesy of Flavia Tallo, Duris Real Estate, Inc, 305-753-8937.
1006$1,720,0002 / 3 / 11,666$1,0320
Listing courtesy of Judith Zamora, Global Realty Groups, LLC, 6452232459.
1906$1,690,0002 / 3 / 11,666$1,014204
Listing courtesy of Giovanna Fernandez, BHHS EWM Realty, 305-960-2400.
2801$1,450,0002 / 3 / 11,588$913420
Listing courtesy of Christopher Lardner, RE/MAX Advance Realty II, 305-251-2127.
708$899,0002 / 21,128$79739
Listing courtesy of Nayda Reyes, Compass Florida, LLC, 305-315-2396.

1 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3804$885,0001 / 21,135$780137
Listing courtesy of Patricia Peraita, Coldwell Banker Realty, 305-361-5722.
Neighborhood
Edgewater

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

15
Active Listings
▲ 20% vs last month
Avg List Price
$2.6M
Avg Days on Market
166

INVENTORY BY BEDROOM

  • 1 Bed (1) 7%
  • 2 Bed (5) 33%
  • 3 Bed (5) 33%
  • 4 Bed (4) 27%
Building vs. Market
92% premium to Miami
Commands a 92% premium to the Miami average ($887 vs $461/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

201510Oct '25Feb '26Jun '26
5
New Listings
last 3 months
$887
Avg Sale $/SqFt
last 36 months
7.2
Months of Supply
25
Sold
last 12 months

Market & Community Report

As of September 26, 2026, Paramount Bay carries 15 active listings at an average asking price of $2.6M, with an average time on market of 166 days. Closed sales over the preceding 36 months averaged $887 per sq ft, and 25 transactions closed in the past 12 months — implying 7.2 months of supply against the current pace of absorption.

Zip code 33137 (Miami) is home to 27,300 residents with a median age of 34.3. Per-capita income stands at $66,422; 50.9% hold a bachelor's degree or higher. 26.7% of units are owner-occupied; 26.6% of residents work from home.

Data current as of September 26, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Paramount Bay

How many condos are for sale at Paramount Bay?

As of September 26, 2026, 15 residences are actively listed for sale at Paramount Bay. Current asking prices range from $885K to $5.7M. Inventory updates daily from the MLS.

How much do condos at Paramount Bay cost?

Condos at Paramount Bay are currently asking from $885K to $5.7M. Over the past 36 months, closed sales have averaged $887 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Paramount Bay?

Based on MLS closed sales over the preceding 36 months, the average sale price at Paramount Bay is $887 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Paramount Bay located?

Paramount Bay is located at 2020 N Bayshore Dr, Miami, FL, 33137, in the Edgewater area.

What neighborhood is Paramount Bay in?

Paramount Bay is in Edgewater, Miami. You can compare every condo building, home inventory, and price trend across Edgewater on its neighborhood guide.

How many units are in Paramount Bay?

Paramount Bay has 346 residences across 47 stories.

What year was Paramount Bay built?

Paramount Bay was completed in 2010.

What amenities does Paramount Bay offer?

Paramount Bay amenities include Waterfront pool, Fitness center / spa, 24-hour valet parking, 24-hour concierge service, 24-hour security.

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