Paramount Bay 2020 N Bayshore Dr Unit 1508 Miami, FL 33137
Edgewater Neighborhood
2
Beds
2
Baths
1,128
Sq Ft
$1,580/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Heated Community Pool
- Property Fronts a Bay or Harbor
- Clubhouse
- 4-minute walk to Margaret Pace Park
About This Home
As of December 2024Make this billion-dollar Waterview yours! Designer 2 bedrooms, two full baths, 10-foot ceilings, open kitchen, floor-to-ceiling windows, automatic shades, expansive terrace, washer and dryer in unit. Great energy, fabulous design, breathtaking water views, luxury full-service five-star building with amenities galore. Paramount Bay is one of the most sophisticated buildings in the trendiest area of Miami - Edgewater. New Developments sell for more than double and are not always as tastefully built. Two pools, Valet, and Exercise Room. Close to shops, restaurants, Publix, Worship, and Park. Storage unit available for an extra $25,000.
Last Agent to Sell the Property
Beachfront Realty Inc Brokerage Phone: 323-317-3197 License #3374968 Listed on: 03/28/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,793
Year Built
- Built in 2010
HOA Fees
- $1,580 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Property Views
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,128 Sq Ft Home
- Ceramic Tile Flooring
- Dryer
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub
- Shower Only
Outdoor Features
- Patio
Schools
- Bayshore Elementary School
- Eagles Nest Middle Charter School
- Atlantic High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Accessible Elevator Installed
- Property Fronts a Bay or Harbor
- East of U.S. Route 1
Listing and Financial Details
- Assessor Parcel Number 01-32-30-089-2540
Community Details
Overview
- High-Rise Condominium
- Paramount Bay Condos
- Paramount Bay Condo Subdivision
- 30-Story Property
Amenities
- Doorman
- Community Barbecue Grill
- Secure Lobby
- Community Storage Space
Recreation
Pet Policy
- Dogs Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Nov 22, 2024
Sold by
Foss Donald Lewis
Bought by
Wharton Thomas and Wilson Douglas
Seller's Agent
Samuel Heskiel
Beachfront Realty Inc
Buyer's Agent
Shawn Frechette
One Sotheby's International Re
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,757
Avg. Annual Appreciation
-0.97%
Original Mortgage
$500,000
Outstanding Balance
$496,809
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$446,151
Purchase Details
Listed on
Mar 14, 2014
Closed on
Aug 21, 2014
Sold by
Willmott Ricardo J and Willmott Vilma
Bought by
Foss Donald Lewis
Seller's Agent
Vilma Willmott
Silverleaf Realty Group
Buyer's Agent
Vilma Willmott
Silverleaf Realty Group
List Price
$850,000
Sold Price
$690,000
Premium/Discount to List
-$160,000
-18.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Purchase Details
Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc
Similar Homes in Miami, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | Florida Secured Title | |
| Warranty Deed | $690,000 | Attorney | |
| Deed | $1,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Sold | $950,000 | -9.5% | $842 / Sq Ft |
| 03/28/2024 03/28/24 | For Sale | $1,050,000 | 0.0% | $931 / Sq Ft |
| 07/20/2022 07/20/22 | Rented | $5,100 | -3.8% | -- |
| 07/09/2022 07/09/22 | Price Changed | $5,300 | -3.6% | $5 / Sq Ft |
| 05/01/2022 05/01/22 | For Rent | $5,500 | +27.9% | -- |
| 07/01/2021 07/01/21 | Rented | $4,300 | +7.5% | -- |
| 06/08/2021 06/08/21 | For Rent | $4,000 | 0.0% | -- |
| 08/21/2014 08/21/14 | Sold | $690,000 | -1.4% | $612 / Sq Ft |
| 07/21/2014 07/21/14 | Pending | -- | -- | -- |
| 06/09/2014 06/09/14 | Price Changed | $700,000 | -6.7% | $621 / Sq Ft |
| 05/19/2014 05/19/14 | Price Changed | $750,000 | -5.1% | $665 / Sq Ft |
| 04/04/2014 04/04/14 | Price Changed | $790,000 | -7.1% | $700 / Sq Ft |
| 03/14/2014 03/14/14 | For Sale | $850,000 | -- | $754 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $15,667 | $733,182 | -- | -- |
| 2024 | $11,793 | $823,800 | -- | -- |
| 2023 | $11,793 | $519,146 | $0 | $0 |
| 2022 | $10,153 | $471,951 | $0 | $0 |
| 2021 | $9,116 | $429,047 | $0 | $0 |
| 2020 | $9,138 | $429,047 | $0 | $0 |
| 2019 | $9,955 | $466,355 | $0 | $0 |
| 2018 | $9,768 | $466,355 | $0 | $0 |
| 2017 | $10,399 | $490,900 | $0 | $0 |
| 2016 | $12,605 | $577,530 | $0 | $0 |
| 2015 | $12,841 | $577,530 | $0 | $0 |
| 2014 | $10,253 | $412,525 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Heskiel
Seller's Agent in 2024
Samuel Heskiel
Beachfront Realty Inc
(305) 405-0615
1 in this area
6 Total Sales
-
Liza Samuel
Seller Co-Listing Agent in 2024
Liza Samuel
Beachfront Realty Inc
(305) 405-0615
1 in this area
10 Total Sales
-
Shawn Frechette
Buyer's Agent in 2024
Shawn Frechette
One Sotheby's International Re
(305) 753-5561
12 in this area
22 Total Sales
-
Katrina Rosendary
Buyer's Agent in 2021
Katrina Rosendary
Brown Harris Stevens
(305) 297-3077
8 Total Sales
-
V
Seller's Agent in 2014
Vilma Willmott
Silverleaf Realty Group
About Paramount Bay
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11559640
APN: 01-3230-089-2540
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