$1,185,000
SOLD MAY 1, 2014

Paramount Bay 2020 N Bayshore Dr Unit 2207 Miami, FL 33137

Edgewater Neighborhood
2 Beds
2.5 Baths
1,803 Sq Ft
$1,131/mo HOA Fee

Recently Sold

$657 Per Sq Ft

5% Below List Price

111 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • Sauna
  • Fitness Center
  • Wood Flooring
  • 4-minute walk to Margaret Pace Park

About This Home

As of September 2014

Virtual Tour: http://goo.gl/PRR2rb. Spacious 2 BD + den (Can be easily converted into 3 BD) with custom wood floors throughout, S/S appliances, private elevator and top level finishes. Stunning direct east views of Biscayne Bay, Miami Beach and the Ocean. Flow-Through condo with both East and West Exposure.

Last Agent to Sell the Property

Justin Rubin

Douglas Elliman License #3274283 Listed on: 11/18/2013

Douglas Elliman

Co-Listed By

John Verea

FI Real Estate Brokerage LLC License #3255545

Last Buyer's Agent

Paul Basile

Douglas Elliman License #3031313

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,011

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,131 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,803 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-2300

Community Details

Overview

  • 346 Units
  • High-Rise Condominium
  • Paramount Bay Condos
  • Paramount Bay Subdivision
  • 47-Story Property

Amenities

  • Sauna
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,011

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$1,131 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: EASY ACESS FROM I-95 OR BISCAYNE BLVD. TURN EAST TO NE 20TH STREET, BETWEEN THE PERFORMING ARTS CENTER & THE DESIGN DISTRICT.
  • 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: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1803
  • Possible Use: Unknown/Withheld
  • Stories: 47
  • Bedroom Features: Other
  • Dining Room Features: Kitchen Dining

Exterior Features

  • View: Bay
  • Exterior Features: Other
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: East
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAMOUNT BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1131
  • Amenities: Business Center, Elevator(s), Exercise Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-2300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1131
  • Number Of Units In Community: 346
  • Number Of Units Total: 346

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 15011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 19, 2014
Sold by
Lemley Fraser and Cecile Lemley E
Bought by
Wolfe Bruce and Henderson Mark
Seller's Agent
Paul Basile
Douglas Elliman
Buyer's Agent
Rod Schimko
Gary Hennes Realtors
List Price
$1,185,000
Sold Price
$1,160,000
Premium/Discount to List
-$25,000
-2.11%
Total Days on Market
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$870,000
Outstanding Balance
$655,596
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$830,790

Purchase Details

Listed on
Nov 18, 2013
Closed on
Apr 30, 2014
Sold by
Larkin Matthew Todd
Bought by
Lemley Fraser and Cecile Lemley E
Seller's Agent
Justin Rubin
Douglas Elliman
Buyer's Agent
Paul Basile
Douglas Elliman
List Price
$1,250,000
Sold Price
$1,185,000
Premium/Discount to List
-$65,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.19%

Purchase Details

Closed on
May 1, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Larkin Matthew Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.62%
Mortgage Type
New Conventional

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 $1,160,000 Attorney
Warranty Deed $1,185,000 Attorney
Special Warranty Deed $756,000 Attorney
Deed $1,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $870,000 Adjustable Rate Mortgage/ARM
Previous Owner $555,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Pending -- -- --
03/10/2025 03/10/25 Price Changed $1,500,000 -6.0% $897 / Sq Ft
02/23/2025 02/23/25 Price Changed $1,595,000 -2.1% $953 / Sq Ft
12/05/2024 12/05/24 For Sale $1,630,000 +40.5% $974 / Sq Ft
09/24/2014 09/24/14 Sold $1,160,000 -2.1% $643 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $1,185,000 0.0% $657 / Sq Ft
05/01/2014 05/01/14 Sold $1,185,000 -5.2% $657 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $1,250,000 -- $693 / 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 $13,088 $698,894 -- --
2023 $13,088 $678,538 $0 $0
2022 $12,715 $658,775 $0 $0
2021 $12,702 $639,588 $0 $0
2020 $14,249 $710,653 $0 $0
2019 $14,958 $742,373 $0 $0
2018 $14,380 $728,531 $0 $0
2017 $14,232 $713,547 $0 $0
2016 $14,345 $698,871 $0 $0
2015 $19,654 $925,350 $0 $0
2014 $15,904 $742,472 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1871425

MIAMI REALTORS® MLS

APN: 01-3230-089-2300