Property Details
| Sold Price | $1,375,000 |
|---|---|
| Last Asking Price | $1,399,000 |
| Price per SqFt | $866 |
| Maintenance Fee | $2,610 Monthly |
| Property Taxes | $16,182 2025 |
| Interior Space | 1,588 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2010 |
| Closed Date | 4/9/2026 |
| MLS # | A11915213 |
Location
From the listing
For buyers seeking a home that requires no updating and is ready for immediate occupancy, this is a rare turnkey waterfront option. Residence 2401 is a reimagined corner, flow-through unit with panoramic views of Biscayne Bay, Miami Beach, and the city skyline. High-floor exposure, modern finishes, and a loft-inspired design create a refined, quietly sensual atmosphere that stands out in Edgewater. Floor-to-ceiling glass captures triple exposure views sunrise over the water and sunset over the city. Private elevator entry opens to an airy layout with a spacious kitchen and split bedrooms. Paramount Bay is one of Edgewater’s most financially stable and financing-friendly buildings, a meaningful advantage under Florida’s updated condo laws.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,610 a month; taxes $16,182 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Paramount Bay Unit 2401
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10762802 | $1,190,000 | 1/24/22 |
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 (this sale among them)
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 Compass Florida, LLC. 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 2401, 2020 N Bayshore Drive · MLS A11915213 · Sold Apr 2026
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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 2401 sold at $866 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.