Paramount Bay
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.
Amenities
- Waterfront pool
- Fitness center / spa
- 24-hour valet parking
- 24-hour concierge service
- 24-hour security
Paramount Bay is located in Edgewater, a bayfront Miami neighborhood along Biscayne Bay just north of Downtown and the Arts & Entertainment District, known for its cluster of waterfront condo towers and proximity to Margaret Pace Park.
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Miami, FL 33137
Available Residences at Paramount Bay
4 Bedroom Condos · 5 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| PH4302 | $5,850,000 | 4 / 5 / 1 | 4,437 | $1,318 | 0 |
| 4702 | $4,750,000 | 4 / 5 / 1 | 4,055 | $1,171 | 240 |
| 3406 | $4,200,000 | 4 / 5 / 1 | — | — | 9 |
| 3708 | $4,200,000 | 4 / 5 / 1 | 2,760 | $1,522 | 43 |
| 4104 | $4,150,000 | 4 / 5 / 1 | 2,845 | $1,459 | 219 |
3 Bedroom Condos · showing 5 of 7
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 2702 | $2,400,000 | 3 / 4 / 1 | 2,201 | $1,090 | 392 |
| 2502 | $2,350,000 | 3 / 4 / 1 | 2,201 | $1,068 | 211 |
| 1902 | $2,350,000 | 3 / 4 / 1 | 2,201 | $1,068 | 0 |
| 3702 | $2,300,000 | 3 / 4 / 1 | 2,201 | $1,045 | 3 |
| 2102 | $2,190,000 | 3 / 4 / 1 | 2,201 | $995 | 0 |
2 Bedroom Condos · 5 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 3307 | $1,750,000 | 2 / 3 / 1 | 1,673 | $1,046 | 309 |
| 1906 | $1,690,000 | 2 / 3 / 1 | 1,666 | $1,014 | 204 |
| 1006 | $1,680,000 | 2 / 3 / 1 | 1,666 | $1,008 | 35 |
| 2801 | $1,450,000 | 2 / 3 / 1 | 1,588 | $913 | 477 |
| 708 | $889,000 | 2 / 2 | 1,128 | $788 | 78 |
1 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 2808 | $915,000 | 1 / 2 | 1,128 | $811 | 3 |
| 3804 | $885,000 | 1 / 2 | 1,135 | $780 | 170 |
Compare every Edgewater building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 1 Bed (2) 12%
- 2 Bed (5) 29%
- 3 Bed (5) 29%
- 4 Bed (5) 29%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of November 10, 2026, Paramount Bay carries 17 active listings at an average asking price of $2.6M, with an average time on market of 146 days. Closed sales over the preceding 36 months averaged $882 per sq ft, and 23 transactions closed in the past 12 months — implying 8.9 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 November 10, 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 November 10, 2026, 17 residences are actively listed for sale at Paramount Bay. Current asking prices range from $885K to $5.9M. Inventory updates daily from the MLS.
How much do condos at Paramount Bay cost?
Condos at Paramount Bay are currently asking from $885K to $5.9M. Over the past 36 months, closed sales have averaged $882 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 $882 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.