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2020 Bayshore Dr #PH-4104
Miami, FL 33137
Listing courtesy of BHHS EWM Realty. Contact: [email protected].
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!
- Principal and interest
- $20,985
- Property tax
- $6,331
- Homeowners insurance
- $2,592
- HOA
- $4,377
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
This building was built in 2010, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2040. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.