$850,000
SOLD APR 15, 2025

Paramount Bay 2020 N Bayshore Dr Unit 1509 Miami, FL 33137

Edgewater Neighborhood
2 Beds
2 Baths
1,128 Sq Ft
$1,581/mo HOA Fee

Recently Sold

$754 Per Sq Ft

5% Below List Price

145 Days on Market

Highlights

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

About This Home

As of April 2025

*BEST PRICED UNIT IN THE BUILDING - PRICED TO SELL* This gorgeous 2 Bedroom/2 Bathroom features stunning Bay views from the living room and master bedroom, tile flooring throughout, island kitchen with stainless steel appliances, walk-in closets and in-unit laundry. Luxurious amenities include a heated pool, sauna and steam rooms, a movie theater, clubroom, spa center, fitness center, valet parking and so much more.

Last Agent to Sell the Property

Alex Ilic

LX Realty LLC License #3462037 Listed on: 11/21/2024

Last Buyer's Agent

Caruenny Snider

LX Realty LLC License #3422487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,581

Year Built

  • Built in 2010

HOA Fees

  • $1,581 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,128 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-2840

Community Details

Overview

  • High-Rise Condominium
  • Paramount Bay Condo
  • Paramount Bay Condo Subdivision
  • 47-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Elevator
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,581

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,581 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: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1128
  • Possible Use: Unknown/Withheld
  • Stories: 47
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAMOUNT BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1581
  • Amenities: Barbecue, Bike Storage, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-2840
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Apr 15, 2025
Sold by
Reddy Arvind
Bought by
American Builders Tech Corp
Seller's Agent
Alex Ilic
LX Realty LLC
Buyer's Agent
Caruenny Snider
LX Realty LLC
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
10
Current Estimated Value
$882,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,891
Avg. Annual Appreciation
19.72%
Original Mortgage
$595,000
Outstanding Balance
$593,418
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$305,346

Purchase Details

Closed on
May 9, 2022
Sold by
Maroso Llc
Bought by
Reddy Arvind

Purchase Details

Closed on
May 29, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Maroso Llc

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 None Listed On Document
Warranty Deed $840,000 Herskowitz Shapiro Pllc
Special Warranty Deed $529,000 Attorney
Deed $1,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $595,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $850,000 -5.5% $754 / Sq Ft
11/21/2024 11/21/24 For Sale $899,000 0.0% $797 / Sq Ft
04/16/2015 04/16/15 Rented $3,250 -7.1% --
03/17/2015 03/17/15 Under Contract -- -- --
02/24/2015 02/24/15 For Rent $3,500 +16.7% --
09/07/2012 09/07/12 Rented $3,000 -14.3% --
08/08/2012 08/08/12 Under Contract -- -- --
06/01/2012 06/01/12 For Rent $3,500 -- --
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
2025 $15,581 $733,182 -- --
2024 $14,112 $755,150 -- --
2023 $14,112 $686,500 $0 $0
2022 $10,153 $471,946 $0 $0
2021 $9,116 $429,042 $0 $0
2020 $9,138 $429,042 $0 $0
2019 $9,955 $466,350 $0 $0
2018 $9,977 $476,353 $0 $0
2017 $10,622 $501,424 $0 $0
2016 $11,848 $519,118 $0 $0
2015 $13,117 $589,908 $0 $0
2014 $12,162 $536,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11697861

MIAMI REALTORS® MLS

APN: 01-3230-089-2840