NOT LISTED FOR SALE

Paramount Bay 2020 N Bayshore Dr Unit 1508 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $932,000 - $978,000

2 Beds
2 Baths
1,128 Sq Ft
$1,580/mo HOA Fee

Last Sold December 03, 2024

Last sale price $950,000 $842 Per Sq Ft

Current estimated payment $7,879/month

249 Days on Market

Highlights

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

About This Home

As of December 2024

Make this billion-dollar Waterview yours! Designer 2 bedrooms, two full baths, 10-foot ceilings, open kitchen, floor-to-ceiling windows, automatic shades, expansive terrace, washer and dryer in unit. Great energy, fabulous design, breathtaking water views, luxury full-service five-star building with amenities galore. Paramount Bay is one of the most sophisticated buildings in the trendiest area of Miami - Edgewater. New Developments sell for more than double and are not always as tastefully built. Two pools, Valet, and Exercise Room. Close to shops, restaurants, Publix, Worship, and Park. Storage unit available for an extra $25,000.

Last Listed By

Samuel Heskiel

Beachfront Realty Inc Brokerage Phone: 323-317-3197 License #3374968 Listed on: 03/28/2024

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,793

Year Built

  • Built in 2010

HOA Fees

  • $1,580 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,128 Sq Ft Home
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • Patio

Schools

  • Bayshore Elementary School
  • Eagles Nest Middle Charter School
  • Atlantic High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-2540

Community Details

Overview

  • High-Rise Condominium
  • Paramount Bay Condos
  • Paramount Bay Condo Subdivision
  • 30-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • Dogs Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,793

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,580 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: 323-317-3197
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave
  • Interior Amenities: Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1128
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 30
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • 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, Assigned, Covered

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1580
  • Amenities: Barbecue, Bike Storage, Clubhouse-Clubroom, Exercise Room, Storage, Heated Pool, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Bayshore
  • High School: Atlantic
  • Middle Or Junior School: Eagles Nest Middle Charter School

Lot Info

  • Parcel Number: 01-32-30-089-2540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Nov 22, 2024
Sold by
Foss Donald Lewis
Bought by
Wharton Thomas and Wilson Douglas
Seller's Agent
Samuel Heskiel
Beachfront Realty Inc
Buyer's Agent
Shawn Frechette
One Sotheby's International Re
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Total Days on Market
249
Views
20
Current Estimated Value
$952,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,472
Avg. Annual Appreciation
0.69%
Original Mortgage
$500,000
Outstanding Balance
$498,191
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$454,281

Purchase Details

Listed on
Mar 14, 2014
Closed on
Aug 21, 2014
Sold by
Willmott Ricardo J and Willmott Vilma
Bought by
Foss Donald Lewis
Seller's Agent
Vilma Willmott
Silverleaf Realty Group
Buyer's Agent
Vilma Willmott
Silverleaf Realty Group
List Price
$850,000
Sold Price
$690,000
Premium/Discount to List
-$160,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc

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
Wharton Thomas $950,000 Florida Secured Title
Foss Donald Lewis $690,000 Attorney
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Thomas $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $950,000 -9.5% $842 / Sq Ft
03/28/2024 03/28/24 For Sale $1,050,000 0.0% $931 / Sq Ft
07/20/2022 07/20/22 Rented $5,100 -3.8% --
07/09/2022 07/09/22 Price Changed $5,300 -3.6% $5 / Sq Ft
05/01/2022 05/01/22 For Rent $5,500 +27.9% --
07/01/2021 07/01/21 Rented $4,300 +7.5% --
06/08/2021 06/08/21 For Rent $4,000 0.0% --
08/21/2014 08/21/14 Sold $690,000 -1.4% $612 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/09/2014 06/09/14 Price Changed $700,000 -6.7% $621 / Sq Ft
05/19/2014 05/19/14 Price Changed $750,000 -5.1% $665 / Sq Ft
04/04/2014 04/04/14 Price Changed $790,000 -7.1% $700 / Sq Ft
03/14/2014 03/14/14 For Sale $850,000 -- $754 / 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 $11,793 $823,800 -- --
2023 $11,793 $519,146 $0 $0
2022 $10,153 $471,951 $0 $0
2021 $9,116 $429,047 $0 $0
2020 $9,138 $429,047 $0 $0
2019 $9,955 $466,355 $0 $0
2018 $9,768 $466,355 $0 $0
2017 $10,399 $490,900 $0 $0
2016 $12,605 $577,530 $0 $0
2015 $12,841 $577,530 $0 $0
2014 $10,253 $412,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11559640

MIAMI REALTORS® MLS

APN: 01-3230-089-2540