
Paramount Bay
2020 N Bayshore Drive, Miami, FL 33137
ALERTS FOR PARAMOUNT BAY
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Mark Zilbert is a Miami real estate agent who has sold at Paramount Bay and monitors every listing and sale there. Call or text Mark at (786) 280-0201 to talk about the building.
Building Facts
| Developer | Royal Palm Companies |
|---|---|
| Architect | Arquitectonica |
| Year Built | 2010 |
| Units | 338 |
| Unit sizes | 1,128 – 4,055 SqFt |
About Paramount Bay
Paramount Bay is a 47-story bayfront condo of 338 residences at 2020 North Bayshore Drive in Edgewater, completed in 2010. Arquitectonica designed it for Royal Palm Companies, with interior concepts by Lenny Kravitz's Kravitz Design, and its quarter-circle shape was set to save a Mediterranean Revival house, later demolished. Floorplans of one to five bedrooms cover 1,128 to 4,055 SqFt. Two pools, one facing the sunset, a spa, a gym, club and party rooms and lounges for children and teens serve residents.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026
Asking prices by bedrooms: 1 bed from $885K · 2 beds $1.5M to $1.7M · 3 beds $1.8M to $2.4M · 4 beds from $4.2M · Penthouses from $4.2M

For Sale
15 units · avg asking $1,163/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 38041 bed · 1,135 SqFt | $885,000$780/SqFt · ▼15.7% | 5/4/265/4 |
| 7082 bed · 1,128 SqFt | $899,000$797/SqFt | 8/17/268/17 |
| 28012 bed · 1,588 SqFt | $1,450,000$913/SqFt · ▼3.0% | 7/7/257/7/25 |
| 10062 bed · 1,666 SqFt | $1,680,000$1,008/SqFt · ▼2.3% | 9/24/269/24 |
| 19062 bed · 1,666 SqFt | $1,690,000$1,014/SqFt | 11/14/2511/14/25 |
| 33072 bed · 1,673 SqFt | $1,750,000$1,046/SqFt · ▼5.1% | 6/16/266/16 |
| 17103 bed · 1,679 SqFt | $1,795,000$1,069/SqFt | 9/2/269/2 |
| 21023 bed · 2,201 SqFt | $2,190,000$995/SqFt | 10/15/2610/15 |
| 25023 bed · 2,201 SqFt | $2,350,000$1,068/SqFt · ▼9.6% | 3/31/263/31 |
| 19023 bed · 2,201 SqFt | $2,350,000$1,068/SqFt | 10/12/2610/12 |
| PH 41044 bed · 2,845 SqFt | $4,150,000$1,459/SqFt · ▼7.8% | 1/29/261/29 |
| 37084 bed · 2,760 SqFt | $4,200,000$1,522/SqFt · ▼11.6% | 9/8/269/8 |
| 3405-34064 bed · — SqFt | $4,200,000 | 9/1/269/1 |
| PH 47024 bed · 4,055 SqFt | $5,100,000$1,258/SqFt · ▼9.7% | 3/7/263/7 |
| PH 43024 bed · 4,437 SqFt | $5,850,000$1,318/SqFt | 9/30/269/30 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 27023 bed · 2,201 SqFt | $2,400,000$1,090/SqFt | 10/26/2610/26 |
| 31023 bed · 2,201 SqFt | $2,150,000$977/SqFt | 10/7/2610/7 |
2 residences under contract
Sold · Last 12 Months
24 closed sales · avg $887/SqFt · avg 94% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 29092 bed · 1,128 SqFt | $915,000list $1,100,000 | 83% | 9/8/269/8 |
| TH 1032 bed · 1,637 SqFt | $823,000list $874,500 | 94% | 8/31/268/31 |
| 12042 bed · 1,135 SqFt | $880,000list $1,018,000 | 86% | 7/27/267/27 |
| 34072 bed · 1,673 SqFt | $1,700,000list $1,750,000 | 97% | 7/8/267/8 |
| 17082 bed · 1,128 SqFt | $890,000list $975,000 | 91% | 6/30/266/30 |
| 20072 bed · 1,673 SqFt | $1,420,000list $1,595,500 | 89% | 6/29/266/29 |
| 12052 bed · 1,147 SqFt | $865,000list $889,000 | 97% | 5/18/265/18 |
| 15103 bed · 1,679 SqFt | $1,787,000list $1,875,000 | 95% | 4/29/264/29 |
| 16042 bed · 1,135 SqFt | $850,000list $885,000 | 96% | 4/27/264/27 |
| 29082 bed · 1,128 SqFt | $860,000list $899,000 | 96% | 4/16/264/16 |
| 21103 bed · 1,679 SqFt | $1,737,500list $1,799,000 | 97% | 4/13/264/13 |
| 35062 bed · 1,666 SqFt | $1,565,000list $1,690,000 | 93% | 4/10/264/10 |
| 24012 bed · 1,588 SqFt | $1,375,000list $1,399,000 | 98% | 4/9/264/9 |
| 8103 bed · 1,679 SqFt | $1,750,000list $1,750,000 | 100% | 2/27/262/27 |
| 10082 bed · 1,128 SqFt | $870,000list $900,000 | 97% | 2/24/262/24 |
| 22062 bed · 1,666 SqFt | $1,420,000list $1,525,000 | 93% | 2/20/262/20 |
| 23023 bed · 2,201 SqFt | $2,150,000list $2,350,000 | 91% | 2/17/262/17 |
| 41033 bed · 1,708 SqFt | $1,672,800list $1,625,000 | 103% | 1/27/261/27 |
| 31062 bed · 1,666 SqFt | $1,500,000list $1,595,000 | 94% | 1/5/261/5 |
| 29072 bed · 1,673 SqFt | $1,450,000list $1,550,000 | 94% | 12/29/2512/29/25 |
| 37012 bed · 1,588 SqFt | $1,300,000list $1,300,000 | 100% | 12/23/2512/23/25 |
| 31082 bed · 1,128 SqFt | $899,000list $899,000 | 100% | 12/18/2512/18/25 |
| 41012 bed · 1,588 SqFt | $1,375,000list $1,510,000 | 91% | 11/21/2511/21/25 |
| 33103 bed · 1,679 SqFt | $1,975,000list $2,150,000 | 92% | 11/7/2511/7/25 |
% of ask compares the closed price to the final list price. The building's full sold history, 333 sales, lives on the archive view.
Lines and Floorplans
A line is a stack of identical residences, the same plan and views, one above another. Each line’s last sale is the cleanest comp a buyer can get.
| Line ⇅ | Beds ⇅ | SqFt ⇅ | Plan |
|---|---|---|---|
| 01 | 2 / 2½ | 1,751 | — |
| 02 | 3 / 3½ | 2,353 | — |
| 03 | 3 / 3 | 1,842 | — |
| 04 | 1 / 2 | 1,240 | — |
| 05 | 1 / 2 | 1,214 | — |
| 06 | 2 / 2½ | 1,782 | — |
| 07 | 2 / 2½ | 1,803 | — |
| 08 | 1 / 2 | 1,214 | — |
| 09 | 1 / 2 | 1,214 | — |
| 10 | 3 / 3 | 1,818 | — |
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Location
2020 N Bayshore Drive · Edgewater
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Paramount Bay, 2020 N Bayshore Drive, Miami
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