NOT LISTED FOR SALE

Paramount Bay 2020 N Bayshore Dr Unit 2905 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $927,000 - $1,015,000

2 Beds
2 Baths
1,147 Sq Ft
2010 Built

Last Sold January 24, 2020

Last sale price $570,000 $497 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,207/month

43 Days on Market

Highlights

  • Community Cabanas
  • Bay View
  • Main Floor Bedroom
  • Newly Remodeled
  • Waterfront
  • 4-minute walk to Margaret Pace Park

About This Home

As of January 2020

View, Privacy & Elegance at PARAMOUNT BAY.Enter the private elevator foyer & gaze at a clear view of Biscayne Bay from the 29th floor, put your feet up, relax & stare at the world. This 2 bed, 2 bath flow thru condo offers Gleaming white flrs & a wine refrigerator adding to the elegance & serenity of an open concept gourmet kitchen with an eating bar. The Luxe Paramount Bay is located in trendy Edgewater, convenient to Wynwood & Design Districts & within minutes to downtown Miami, Miami Beach & Miami International Airport. Paramount Bay offers both sunrise & sunset pools, a 2-story 6000-SF fitness center with spa facilities, valet, 24-hr security & concierge, teen lounge, children’s play room, owner’s lounges, Pilate, yoga studio, business center, car wash & movie theater.

Last Agent to Sell the Property

Sheila Freed

Coldwell Banker Realty License #0339273 Listed on: 11/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Brian Kantor

FIP Realty Services, LLC License #3264768

FIP Realty Services, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,600

Year Built

  • Built in 2010 | Newly Remodeled

Parking

  • 1 Car Garage

Interior Spaces

  • 1,147 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Shower Only

Laundry

  • Dryer
  • Washer

Additional Features

  • Waterfront
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-1720

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Paramount Bay Condo
  • Paramount Bay Condo Subdivision
  • Car Wash Area
  • 40-Story Property

Amenities

  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $998
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,600

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 29
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1147
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Snack Bar/Counter
  • Master Bathroom Features: Bidet, Shower Only

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bike Storage, Business Center, Cabana, Community Room, Heated Pool, Kitchen Facilities, Exterior Lighting, Pool, Vehicle Wash Area
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-1720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 998

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 23, 2020
Sold by
Levan Susana and Levan Susana
Bought by
Peng Xusheng
Seller's Agent
Sheila Freed
Coldwell Banker Realty
Buyer's Agent
Brian Kantor
FIP Realty Services, LLC
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$970,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,270
Avg. Annual Appreciation
9.99%
Original Mortgage
$190,000
Outstanding Balance
$168,221
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$804,940

Purchase Details

Listed on
Aug 25, 2013
Closed on
Dec 23, 2013
Sold by
Calta Frank
Bought by
Perlstein Lauren
Seller's Agent
Scott Klein
MMLS Assoc.-Inactive Member
Buyer's Agent
Scott Klein
MMLS Assoc.-Inactive Member
List Price
$795,000
Sold Price
$715,000
Premium/Discount to List
-$80,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.65%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Calta Frank
Bought by
Calta Frank

Purchase Details

Closed on
Nov 30, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Calta Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,720
Interest Rate
4.5%
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

Range of Values:

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Average Value
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List Price
Sold Price
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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
Peng Xusheng $570,000 Title Guarantee Of South Fl
Perlstein Lauren $715,000 Clear Title Group Llc
Calta Frank -- Attorney
Calta Frank J $435,900 Attorney
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Xusheng $190,000
Previous Owner Perlstein Lauren $400,000
Previous Owner Calta Frank J $348,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $570,000 -2.6% $497 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $585,000 -18.2% $510 / Sq Ft
12/23/2013 12/23/13 Sold $715,000 -8.2% $589 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
11/13/2013 11/13/13 Price Changed $779,000 -2.0% $642 / Sq Ft
08/27/2013 08/27/13 For Sale $795,000 +11.2% $655 / Sq Ft
08/25/2013 08/25/13 Off Market $715,000 -- --
08/25/2013 08/25/13 For Sale $795,000 -- $655 / 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
2025 $11,532 $635,323 -- --
2024 $11,462 $617,418 -- --
2023 $11,462 $599,435 $0 $0
2022 $11,132 $581,976 $0 $0
2021 $9,892 $465,581 $0 $0
2020 $9,916 $465,581 $0 $0
2019 $10,803 $506,066 $0 $0
2018 $10,600 $506,066 $0 $0
2017 $11,285 $532,701 $0 $0
2016 $11,810 $505,147 $0 $0
2015 $13,615 $612,300 $0 $0
2014 $13,225 $583,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheila Freed

    Seller's Agent in 2020

    Sheila Freed

    Coldwell Banker Realty

    (305) 793-0005

    12 Total Sales

    Sheila Freed
    Section Image
  • Brian Kantor

    Buyer's Agent in 2020

    Brian Kantor

    FIP Realty Services, LLC

    (305) 785-3375

    2 in this area

    67 Total Sales

    Brian Kantor
    Section Image

  • S

    Seller's Agent in 2013

    Scott Klein

    MMLS Assoc.-Inactive Member

    Section Image
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About Paramount Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10776569

MIAMI REALTORS® MLS

APN: 01-3230-089-1720

Florida Miami/Dade County Miami 33132 Edgewater

2020 N Bayshore Dr Unit 2905, Miami, FL

This home is located at 2020 N Bayshore Dr Unit 2905, Miami, FL 33137 since 21 November 2019 and is currently estimated at $970,270, approximately $845 per square foot. This property was built in 2010. 2020 N Bayshore Dr Unit 2905 is a home located in Miami-Dade County with nearby schools including Phillis Wheatley Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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