2020 Bayshore Drive Unit PH 4702, Miami, FL 33137

$4,750,000 — Active

Property Features

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Priced Reduced 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. 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.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.

▼ Price Reduced — originally listed at $5,650,000

Property Details

  • Listing ID: A11978056
  • Status: Active
  • Listing Date: 2026-03-07
  • Property Type: Condominium
  • Unit / Building #: PH 4702
  • Subdivision: PARAMOUNT BAY CONDO
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Area Sq Ft: 4,055
  • Year Built: 2010

Financial

  • List Price: $4,750,000
  • Original List Price: $5,650,000
  • HOA Fee: $6,206/mo
  • Taxes: $70,910/yr

Features & Amenities

  • View: Bay
  • 55+ Community (HOPA): Yes
  • Pets Allowed: Yes, Pet Restrictions Possible
  • Parking: Assigned, Covered, Deeded, Guest, Valet
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Marble
  • Construction: Block
  • Interior Features: Entrance Foyer, Elevator, Kitchen Island, Wet Bar, Walk-In Closet(s), Closet Cabinetry, Storage
  • Exterior Features: Balcony
  • Community Amenities: Billiard Room, Clubhouse, Car Wash Area, Elevator(s), Fitness Center, Management, Playground, Pool, Sauna, Trash Chute, Bike Storage, Business Center, Maintenance

Courtesy of The Corcoran Group
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