








Property Details
| Sold Price | $975,000 |
|---|---|
| Last Asking Price | $995,000 |
| Price per SqFt | $850 |
| Maintenance Fee | $1,448 Monthly |
| Property Taxes | $8,011 2022 |
| Interior Space | 1,147 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2010 |
| Closed Date | 8/29/2023 |
| MLS # | A11400999 |
Location
From the listing
Stunning 05 line unit in Paramount Bay, designed by the famous Lenny Kravitz. Unobstructed Biscayne Bay views. The most desirable luxury building in Edgewater, a highly walkable neighborhood in Miami. Wolf & Subzero appliances, floor-to-ceiling windows, large primary suite, walk-in closet & spare bedroom. Private elevator foyer. Gorgeous lobby. Amenities: Sunrise/Sunset pools with cabanas, 2-story state of the art fitness center, daily fitness & yoga classes. Full service spa, sauna/steam rooms, billiards, business center, kids rooms, valet, concierge & more. Close to: Wynwood, Design District, Midtown, Downtown, Port Miami, MIA airport, Venetian Causeway ride/drive to South Beach, Brickell financial district. Margaret Pace Park, museums, opera/ballet, sports arena, Publix & restaurants.
Listed by Serhant
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,448 a month; taxes $8,011 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Paramount Bay Unit 1005
Sales history is unavailable for this property
What Other Units Have Been Selling For at Paramount Bay
24 units sold at Paramount Bay in the last 12 months at an average of $887/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 2909 | $915,000$811/SqFt | 83% | 9/8/26 |
| TH103 | $823,000$503/SqFt | 94% | 8/31/26 |
| 1204 | $880,000$775/SqFt | 86% | 7/27/26 |
| 3407 | $1,700,000$1,016/SqFt | 97% | 7/8/26 |
| 1708 | $890,000$789/SqFt | 91% | 6/30/26 |
| 2007 | $1,420,000$849/SqFt | 89% | 6/29/26 |
| 1205 | $865,000$754/SqFt | 97% | 5/18/26 |
| 1604 | $850,000$749/SqFt | 96% | 4/27/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.

Listed by Serhant. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Paramount Bay Unit 1005, 2020 N Bayshore Drive · MLS A11400999 · Sold Aug 2023
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Paramount Bay
At Paramount Bay, 17 of 338 units are for sale and 24 sold in the last 12 months at an average of $887 per SqFt. Unit 1005 sold at $850 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.


