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| Asking Price | $5,850,000 |
|---|---|
| Price per SqFt | $1,318 |
| Maintenance Fee | $6,206 Monthly |
| Property Taxes | $78,454 2025 |
| Interior Space | 4,437 SqFt |
| Beds/Baths | 4/4½ |
| Year Built | 2010 |
| MLS # | A12086639 |
Location
From the listing
Spectacular penthouse at Paramount Bay offering breathtaking, unobstructed views of Miami, Biscayne Bay, and Miami Beach from every angle. This 4,437 SF, sun-filled residence features 4 spacious bedrooms, 4.5 bathrooms, and exceptional natural light throughout. A truly one-of-a-kind 5,000 SF private terrace wraps the home, creating the ultimate setting for entertaining, outdoor living, and enjoying Miami’s iconic skyline and sunsets. Located in one of Edgewater’s most sought-after full-service buildings, Paramount Bay offers resort-style amenities including a waterfront pool, state-of-the-art fitness center, and 24/7 valet and concierge services. The unit includes two assigned parking spaces and a private storage unit. A rare opportunity to own a trophy penthouse combining luxury, scale, and world-class views.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $6,206 a month; taxes $78,454 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Paramount Bay PH 4302
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10796008 | $4,825,000 | 9/13/21 |
What Other Units Have Been Selling For at Paramount Bay
23 units sold at Paramount Bay in the last 12 months at an average of $873/SqFt · This unit (PH4302) is asking $1,318/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 Douglas Elliman. 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 4302, 2020 N Bayshore Drive · MLS A12086639 · $5,850,000
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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, 21 of 338 units are for sale and 23 sold in the last 12 months at an average of $873 per SqFt. PH 4302 asks $1,318 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.


