$4,750,000

2020 N BAYSHORE DR #PH4702, MIAMI, FL 33137

4 beds4.5 baths4,055 sq ftCondo or villaBuilt 2010
Updated today, November 3, 2026

This home against Edgewater

$1,171 per sq ft, 64% over the Edgewater median
243 days on the market
Price cut $900,000 since it was listed at $5,650,000
$70,910 in property taxes (2025)
Waterfront
2 car garage

Edgewater today: 425 homes for sale, median list price $744,000.

About this home

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.

Zoned schools

Elementary: Paul L. Dunbar K-8 Center
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Margaret Pace Park, 0.4 mi
Grocery: Whole Foods Market, 0.3 mi

Distances from the center of Edgewater, MIAMI.

Listing courtesy of The Corcoran Group. MLS# A11978056.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed March 5, 2026.

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