Property Details
| Asking Price | $5,100,000 |
|---|---|
| Price per SqFt | $1,258 |
| Maintenance Fee | $6,206 Monthly |
| Property Taxes | $70,910 2025 |
| Interior Space | 4,055 SqFt |
| Beds/Baths | 4/4½ |
| Year Built | 2010 |
| MLS # | A11978056 |
Location
From the listing
Designed for true indoor-outdoor living, PH4702 features four private balconies positioned to capture both sunrise and sunset. In Miami, oversized terraces can look impressive on paper but often become difficult to use due to direct sun, wind and rain. Here, four well-proportioned balconies provide more comfortable, functional outdoor spaces that can be enjoyed throughout the year.PH4702, the TOP FLOOR penthouse at Paramount Bay, offers unobstructed 360° views of Biscayne Bay, Miami Beach and the Miami skyline from the 47th floor. With 4 bedrooms, 4.5 bathrooms and 4,055 SF of interior space, it matches the largest floor plan in the building. A private elevator opens directly into the foyer. Walls of glass fill the residence with natural light, highlighting spacious living and dining areas and a split-bedroom layout. The primary suite offers water views, a spa-inspired bath and expansive closets. The fourth bedroom is ideal for guests, staff or a private office. The kitchen features Wolf appliances, a wine cooler, dual ovens and a Miele coffee maker. Featured in “Some Like It Hot: Inspiring Spaces by Florida’s Hottest Designers,” with interiors by Whitney Bloom. Paramount Bay was designed by Arquitectonica with interiors by Lenny Kravitz Design, near Whole Foods, Publix, Margaret Pace Park, waterfront dining, Miami Beach, the Design District, Brickell and MIA.
Listed by The Corcoran Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $6,206 a month; taxes $70,910 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Paramount Bay PH 4702
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 · This unit (PH 4702) is asking $1,258/SqFt
Below, the most recent sales most like this unit: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| PH4302 | $4,825,000$1,190/SqFt | 98% | 9/13/21 |
| 2502 | $1,760,000$800/SqFt | 98% | 5/5/21 |
| 2702 | $1,720,000$781/SqFt | 96% | 5/23/19 |
| 2102 | $1,400,000$595/SqFt | 93% | 3/13/18 |
| 802 | $1,950,000$829/SqFt | 100% | 2/11/22 |
| PH3708 | $3,850,000$1,313/SqFt | 97% | 2/4/22 |
| 3405/06 | $2,450,000$818/SqFt | 96% | 12/17/21 |
| PH3807 | $3,600,000$1,132/SqFt | 87% | 8/16/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by The Corcoran Group. 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 PH 4702, 2020 N Bayshore Drive · MLS A11978056 · $5,100,000
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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. PH 4702 asks $1,258 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.