NOT LISTED FOR SALE

Paramount Bay 2020 N Bayshore Dr Unit 4005 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $2,136,000 - $6,008,000

4 Beds
4 Baths
2,694 Sq Ft
$1,820/mo HOA Fee

Last Sold June 30, 2014

Last sale price $3,100,000 $1,151 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $27,195/month

377 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Roman Tub
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • 4-minute walk to Margaret Pace Park

About This Home

As of June 2014

Take a private elevator to this exquisite 5,800 square foot penthouse residence. It's the perfect property for entertaining with an east to west flow through open 2,900 square foot terrace where you will enjoy Miami's famous sunrises and sunsets, as well as endless views of Biscayne Bay, South Beach, and the Downtown skyline. The interior features four bedrooms and four and a half bathrooms with a spacious open floorplan for living room, dining room and kitchen. Apartment is offered decorator ready for

Last Agent to Sell the Property

Cecilia Solorzano

Suma Luxury Realty License #3310752 Listed on: 06/04/2013

Last Buyer's Agent

Patricia Henenfeld

Property Rocks LLC License #0679196

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,060

Year Built

  • Built in 2010

Lot Details

  • 2,614

HOA Fees

  • $1,820 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Elevated Home

Interior Spaces

  • 2,694 Sq Ft Home
  • Concrete Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-3390

Community Details

Overview

  • High-Rise Condominium
  • Paramount Bay Condos
  • Paramount Bay Subdivision
  • 40-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Business Center
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,060

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,820 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: 20TH & N. BAYSHORE, BEHIND BRAMAN MOTORS
  • Entry Level: 40
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 2694
  • Possible Use: Secondary
  • Stories: 40
  • Bedroom Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: Elevated Construction
  • 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, Guest, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1820
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-3390
  • Lot Size Sq Ft: 2878
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 50060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jun 30, 2014
Sold by
Paramouth Ph 4005 Llc
Bought by
Mager Bryan and Mager Marsha
Seller's Agent
Cecilia Solorzano
Suma Luxury Realty
Buyer's Agent
Patricia Henenfeld
Property Rocks LLC
List Price
$4,650,000
Sold Price
$3,100,000
Premium/Discount to List
-$1,550,000
-33.33%
Current Estimated Value
$3,875,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,140
Avg. Annual Appreciation
0.19%
Original Mortgage
$1,700,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Ph 4005 Llc

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
Mager Bryan $3,100,000 Attorney
Paramount Ph 4005 Llc $2,493,800 --
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mager Bryan $1,500,000
Closed Mager Bryan $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $3,100,000 -21.5% $1,151 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
12/14/2013 12/14/13 Price Changed $3,950,000 -6.0% $1,466 / Sq Ft
09/06/2013 09/06/13 Price Changed $4,200,000 -9.7% $1,559 / Sq Ft
06/04/2013 06/04/13 For Sale $4,650,000 -- $1,726 / 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 $53,083 $2,435,868 -- --
2024 $51,580 $2,214,426 -- --
2023 $51,580 $2,013,115 $0 $0
2022 $44,305 $1,830,105 $0 $0
2021 $35,349 $1,663,732 $0 $0
2020 $35,434 $1,663,732 $0 $0
2019 $38,603 $1,808,404 $0 $0
2018 $37,878 $1,808,404 $0 $0
2017 $40,326 $1,903,583 $0 $0
2016 $50,322 $2,096,737 $0 $0
2015 $56,511 $2,541,500 $0 $0
2014 $50,120 $2,210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cecilia Solorzano

    Suma Luxury Realty

    (305) 509-0310

    14 Total Sales

    Cecilia Solorzano
    Section Image
  • Patricia Henenfeld

    Buyer's Agent in 2014

    Patricia Henenfeld

    Property Rocks LLC

    (305) 785-8993

    1 in this area

    11 Total Sales

    Patricia Henenfeld
    Section Image
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About Paramount Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1796139

MIAMI REALTORS® MLS

APN: 01-3230-089-3390

Florida Miami/Dade County Miami 33132 Edgewater

2020 N Bayshore Dr Unit 4005, Miami, FL

This home is located at 2020 N Bayshore Dr Unit 4005, Miami, FL 33137 since 04 June 2013 and is currently estimated at $3,875,140, approximately $1,438 per square foot. This property was built in 2010. 2020 N Bayshore Dr Unit 4005 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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