NOT LISTED FOR SALE

Paramount Bay 2020 N Bayshore Dr Unit 1505 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $953,000 - $1,044,000

2 Beds
2 Baths
1,147 Sq Ft
$1,168/mo HOA Fee

Last Sold November 15, 2022

Last sale price $947,000 $826 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,904/month

13 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Community Cabanas
  • Bar or Lounge
  • 4-minute walk to Margaret Pace Park

About This Home

As of November 2022

Experience the stunning unobstructed views of Biscayne Bay from this residence at amazing Paramount Bay. This 2BR/2bath unit offers a private foyer entrance directly into the unit,10 ft.ceilings,large white tiles & top of the line appliances and finishes throughout. A big luxurious terrace accessible from living area& primary suite and is ideal for enjoying the gorgeous sunrises and star watching. Designed by Lenny Kravitz this amenity-lush building includes 2 sunrise/sunset pools, private cabanas, party rooms, and a kids room. The 2 story 6,000SF spa/fitness area also offers a yoga studio, massage sauna & steam rooms. Established in the heart of Edgewater you'll be close to Wynwood and Design District,Arsht Center, sportsevents,world class restaurants and just minutes from the beach.

Last Agent to Sell the Property

Jason Schonholtz

Coldwell Banker Realty License #3551192 Listed on: 09/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Sildy Cervera

Cervera Real Estate Inc. License #0631662

Cervera Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,210

Year Built

  • Built in 2010

HOA Fees

  • $1,168 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,147 Sq Ft Home
  • Custom Mirrors
  • Blinds
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-1580

Community Details

Overview

  • High-Rise Condominium
  • Paramount Bay Condo
  • Paramount Bay Condo Subdivision
  • Car Wash Area
  • 41-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Business Center
  • Bar or Lounge
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,210

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,168 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1147
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 41
  • Window Features: Clear Impact Glass, Blinds, Impact Glass, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Pool Area View, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: Stucco
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAMOUNT BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1168
  • Amenities: Bar, Bike Storage, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Child Play Area, Private Pool, Sauna, Spa/Hot Tub, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-1580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 15, 2022
Sold by
Schonholtz Jason
Bought by
Pearlie Weeks Land Trust
Seller's Agent
Jason Schonholtz
Coldwell Banker Realty
Buyer's Agent
Sildy Cervera
Cervera Real Estate Inc.
List Price
$975,000
Sold Price
$947,000
Premium/Discount to List
-$28,000
-2.87%
Current Estimated Value
$991,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,915
Avg. Annual Appreciation
1.80%

Purchase Details

Listed on
May 23, 2013
Closed on
Nov 8, 2013
Sold by
Agraz Pablo Fernando Mendiburu and Tascon Begona Del Carmen Dominguez
Bought by
Schonholtz Jason
Seller's Agent
Gaston Schneider
Grand Realty of America, Corp.
Buyer's Agent
Dorota Baginska
Miami Dream Properties Inc.
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$420,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Agraz Pablo Fernando Mendiburu

Purchase Details

Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pearlie Weeks Land Trust $947,000 Marina Title
Schonholtz Jason $665,000 Concorde Land Title Svcs Inc
Agraz Pablo Fernando Mendiburu $406,000 --
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schonholtz Jason $420,000
Previous Owner Agraz Pablo Fernando Mendiburu $263,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $947,000 -2.9% $826 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $975,000 +46.6% $850 / Sq Ft
11/19/2013 11/19/13 Sold $665,000 0.0% $580 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/03/2013 10/03/13 Price Changed $665,000 -3.6% $580 / Sq Ft
08/06/2013 08/06/13 Price Changed $690,000 -4.8% $602 / Sq Ft
07/15/2013 07/15/13 Price Changed $725,000 -2.7% $632 / Sq Ft
06/17/2013 06/17/13 Price Changed $745,000 -0.7% $650 / Sq Ft
05/23/2013 05/23/13 For Sale $750,000 -- $654 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,523 $810,709 -- --
2023 $14,523 $706,500 $0 $0
2022 $8,225 $441,006 $0 $0
2021 $8,210 $428,162 $0 $0
2020 $8,232 $428,162 $0 $0
2019 $8,986 $462,590 $0 $0
2018 $8,630 $453,965 $0 $0
2017 $8,535 $444,628 $0 $0
2016 $8,596 $435,483 $0 $0
2015 $11,098 $540,570 $0 $0
2014 $11,228 $536,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11281668

MIAMI REALTORS® MLS

APN: 01-3230-089-1580