2020 N Bayshore, Miami FL 33137 | Miami-Dade County | A11907532
  • $874,500

Description

Experience a rare find at Paramount Bay in Edgewater, Miami. This townhome-style condo offers 2 bedrooms, 2 bathrooms, and 1,637 square feet of living space, featuring a private walk-up entry and the perks of a luxury high-rise with extensive amenities. Showcasing a bright, open layout with one bedroom upstairs, another downstairs, and a den for a home office, this home is designed for comfort and style. Enjoy luxurious amenities including a heated pool, gym, doorman, and private elevator, all with the ease of a private walk-up entry. With features like updated bathrooms, porcelain floors, and ample parking, this residence combines convenience with elegance. Don’t miss the opportunity to own this one-of-a-kind condo with stunning bay front views in a prime location.

Property Overview

This is a 2-bedroom, 2-bath condominium of about 1637 square feet at 2020 N Bayshore, Miami FL 33137 (Miami 33137), listed at $874,500.

Monthly Costs, Stated Plainly

The monthly HOA fee is $2,688.

The tax of record is $13,140 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $17,490/yr (≈ $1,458/mo); with the homestead exemption on a primary residence, about $16,490/yr (≈ $1,374/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $874,500. The property's MLS record does not explicitly state its furnished status; this is a key detail to verify. Fixtures and built-in appliances are standard conveyances, while community amenities—such as the heated pool, cabana, business center, and exercise room—are shared HOA features, not part of the deeded property.

To confirm precisely what is included in the sale, you should reach out to Christopher Lazaro, Miami Real Estate Agent, for a detailed review.

Where exactly is it, and what should I know about the location?

The property at 2020 N Bayshore Drive is located in Miami, Florida, 33137. This address places it on the coastal corridor between the Miami River and the Julia Tuttle Causeway.

For a detailed discussion of the area's infrastructure, development patterns, and specific location advantages, contact Christopher Lazaro, Miami Real Estate Agent, to verify current conditions.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for 2020 N Bayshore is $2,688. According to the association records, this fee covers All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Landscaping/Lawn Maintenance, Outside Maintenance, Pool Service, Security, Sewer, Trash Removal, and Water.

Community rules are also governed by city ordinances, which can be reviewed in the Miami municipal code. For a complete review of the financials and covenants, contact Christopher Lazaro, Miami Real Estate Agent, for verification.

What are the property taxes and homestead implications?

The tax of record is $13,140 (2024). As an estimate only—Florida reassesses upon sale—at the list price of $874,500 and a Miami-Dade rate near 2.0%, the projected annual property tax would be approximately $17,490 without a homestead exemption, or about $16,490 with one, which lowers the taxable value for a primary residence.

These are estimates, not quotes; confirm final figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification, contact Christopher Lazaro, Miami Real Estate Agent.

Is the home in a flood zone, and what does that mean?

This property is in a high-risk flood zone, designated as an AE zone by FEMA. This means lenders will require flood insurance as a condition for a mortgage. You can review the official FEMA definitions and View the FEMA flood map for this address for detailed information.

For a precise assessment of insurance implications, contact Christopher Lazaro, Miami Real Estate Agent, to verify the specific requirements for this listing.

Are pets allowed?

The MLS record shows 'Restrictions Or Possible Restrictions' for pets. Pets are allowed, with restrictions (or possible restrictions); we can pull the association's exact current pet rules for this unit upon request.

Note that separate federal accommodation rules apply for documented service or assistance animals. For a definitive verification of this property's pet policy, contact Christopher Lazaro, Miami Real Estate Agent.

How is the price set and is there room to negotiate?

The list price reflects a comparative market analysis of similar units in this building and vicinity. For broader context, Miami-Dade condos have recently been closing at 94% of list, averaging about 64 days on market according to MIAMI REALTORS® data from May 2026. This indicates a market where some negotiation from the $874,500 ask is possible, but not assured.

To define a precise offer strategy, you should review a current, property-specific CMA. I can provide this analysis for you. Verify these figures and discuss negotiation parameters directly with Christopher Lazaro, Miami Real Estate Agent.

What financing step do you recommend before touring?

I recommend securing a pre-approval before touring any home. This involves consulting a Florida Licensed Mortgage Loan Originator to confirm your purchasing power for a property like the one listed at $874,500.

Once you have that letter, contact Christopher Lazaro, Miami Real Estate Agent, to schedule a viewing and verify how your budget aligns with current market conditions.

Monthly Fees & Carrying Costs

Association Fee $2,688 / month
Total Monthly Fees $2,688 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: Bayshore
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33137
  • Area: PARAMOUNT BAY CONDO

Details

Updated on August 12, 2026 at 10:41 am
  • Property ID A11907532
  • Price $874,500
  • Property Size 1637 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2010
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Waterfront Features Intracoastal Front, Ocean Front
  • Bedroom Features At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Cooling Central Air
  • Association Type Condo
  • Building PARAMOUNT BAY CONDO
  • Association Fee Frequency Monthly
  • Area Paramount Bay Condo
  • Annual Tax 13140
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision PARAMOUNT BAY CONDO
  • Total Stories 47
  • Restrictions Ok To Lease
  • Parking 1 Space
  • Heating Central
  • Structure Type Townhouse, Condo
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 1637
  • Covered Spaces 1
  • Unit Floor 1
  • Frontage Bay
  • View Other View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Unit Number TH103
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Porch
  • New Construction No
  • Garage Spaces 1
  • Style Townhouse Condo
  • Association Fee 2688
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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