Cays Realty
2020 N Bayshore Dr 2801, Miami, FL 33137 — MLS photo

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2020 N Bayshore Dr 2801, Miami, FL 33137

Active · Condominium

$1,450,000

2020 N Bayshore Dr 2801, Miami, FL 33137

Beds
2
Baths
3
Living area
1,588 sq ft
$ / sq ft
$913/sq ft
Year built
2010
Lot size
—
HOA fee
$2,610 Monthly
Annual tax
$18,553

About this property

Experience elevated living in this meticulously designed 2-bedroom, 2.5-bathroom corner unit at the prestigious Paramount Bay. This turnkey unit offers an unparalleled blend of sophistication and comfort, and a private elevator. Floor-to-ceiling windows showcase breathtaking, unobstructed views, while the expansive private balcony invites you to soak in the sun and admire the iconic skyline. Your rental includes WiFi, basic cable, and one parking spot. Valet parking for a second car or guests adds extra convenience. Explore vibrant neighborhoods like Wynwood, the Design District, and South Beach, all just a short distance away. Currently rented for $7500 but has a 60-day kick-out clause.

Property location

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2020 N Bayshore Dr 2801, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,588 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Elevator, First Floor Entry, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2010
Stories
47
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Waterfront
Bayfront
View
Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$2,610 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pools, Recreation Facilities, Security, Trash
Amenities
Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Sauna, Spa Hot Tub, Trash, Vehicle Wash Area, Elevators
Security
Door Man, Elevator Secured, Key Card Entry, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$18,553
Subdivision
PARAMOUNT BAY CONDO
County
Miami-Dade
Days on market
420
MLS listing ID
A11835225
Listing status
Active

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Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,714

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.9%
Gross yield
5.7%
Mortgage payment
$6,874/mo
Down payment
$362,500
Loan amount
$1,087,500
Annual NOI
$13,914

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.