$700,000
SOLD MAR 3, 2014

Paramount Bay 2020 N Bayshore Dr Unit 2204 Miami, FL 33137

Edgewater Neighborhood
2 Beds
2 Baths
1,135 Sq Ft
2010 Built

Recently Sold

$617 Per Sq Ft

5% Below List Price

31 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Heated Community Pool
  • Property Fronts a Bay or Harbor
  • Sauna
  • 4-minute walk to Margaret Pace Park

About This Home

As of March 2014

Amazing bay and city and Miami Beach skyline views on luxury condo designed by Arquitectonica, large balcony facing the bay, 2 bedrooms, 2 bathrooms, white porcelain floors, Italian kitchen with granite counter tops, stainless steel appliances, marble fi nishes in bathroom, floor to ceiling windows, private elevator, outstanding amenities, sunset and sunrise pools with cabanas, barbecue area, gym, fitness center and spa, party room, business room, spectacular clubhouse, concierge, valet, outdoor theater.

Last Agent to Sell the Property

Martha Russomanno

HQ Realty Int'l Group, LLC. License #3256970 Listed on: 12/06/2013

Last Buyer's Agent

Martha Russomanno

HQ Realty Int'l Group, LLC. License #3256970 Listed on: 12/06/2013

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $11,515

Year Built

  • Built in 2010

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Interior Spaces

  • 1,135 Sq Ft Home
  • Custom Mirrors
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-1310

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Paramount Bay Condos
  • 47-Story Property

Amenities

  • Sauna
  • Business Center
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Co-Op

Est. Annual Taxes

$11,515

Year Built

Built in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Stock Cooperative
  • Architectural Style: High Rise
  • Entry Level: 22
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Co-Op
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Custom Mirrors, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1135
  • Possible Use: Investment
  • Stories: 47
  • Bedroom Features: None

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Paramount Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Security System, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Business Center, Elevator(s), Exercise Room, Heated Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-1310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 11515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Feb 10, 2014
Sold by
Memba International Llc
Bought by
Baypoint Office Tower Inc
Seller's Agent
Martha Russomanno
HQ Realty Int'l Group, LLC.
Buyer's Agent
Martha Russomanno
HQ Realty Int'l Group, LLC.
List Price
$740,000
Sold Price
$700,000
Premium/Discount to List
-$40,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Memba International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,826
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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 Type Sale Price Title Company
Warranty Deed $700,000 Attorney
Special Warranty Deed $449,800 Attorney
Deed $1,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $269,826 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 For Rent $6,000 0.0% --
12/09/2024 12/09/24 For Rent $6,000 +84.6% --
03/26/2021 03/26/21 Rented $3,250 0.0% --
02/18/2021 02/18/21 Under Contract -- -- --
02/16/2021 02/16/21 For Rent $3,250 0.0% --
08/20/2020 08/20/20 Rented $3,250 +1.6% --
08/10/2020 08/10/20 Under Contract -- -- --
08/05/2020 08/05/20 Off Market $3,200 -- --
07/14/2020 07/14/20 For Rent $3,200 -8.6% --
09/21/2017 09/21/17 Rented $3,500 0.0% --
08/08/2017 08/08/17 Under Contract -- -- --
07/20/2017 07/20/17 For Rent $3,500 0.0% --
03/03/2014 03/03/14 Sold $700,000 -5.4% $617 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $740,000 0.0% $652 / Sq Ft
11/27/2013 11/27/13 Rented $3,300 0.0% --
10/28/2013 10/28/13 Under Contract -- -- --
10/16/2013 10/16/13 For Rent $3,300 +3.1% --
11/27/2012 11/27/12 Rented $3,200 -3.0% --
10/28/2012 10/28/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $3,300 -- --
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 $13,505 $653,699 -- --
2024 $12,403 $594,272 -- --
2023 $12,403 $540,248 $0 $0
2022 $10,566 $491,135 $0 $0
2021 $9,486 $446,487 $0 $0
2020 $9,509 $446,487 $0 $0
2019 $10,360 $485,312 $0 $0
2018 $10,165 $485,312 $0 $0
2017 $10,822 $510,855 $0 $0
2016 $12,816 $587,190 $0 $0
2015 $13,056 $587,190 $0 $0
2014 $12,683 $559,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1878048

MIAMI REALTORS® MLS

APN: 01-3230-089-1310