2020 N Bayshore Dr PH 4702

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…

Facts & features

MLS ID

A11978056

Property type

Condominium

Neighborhood

Miami

Building

Paramount Bay

Year built

2010

Beds

4

Baths

4.5

Half baths

1

Interior

4,055 sq ft

Price per sq ft

$1,258

HOA

$6,206 per month

Pets

Yes — conditional

Waterfront

Yes

Covered parking

2

Floor

47

Listed

Mar 7, 2026

Days on market

212

Reduced from

$5,650,000

Property tax

$70,910 per year (2025)

Financing accepted

Cash, Conventional

Exposure

Faces southeast

Listing conditions

Listed as is

Appliances

Built in oven, Dishwasher, Disposal, Dryer, Electric range, Ice maker, Microwave, Refrigerator, Self cleaning oven, Washer, Wine cooler

Interior features

Bathtub, Bedroom on main level, Bidet, Closet cabinetry, Dining area, Dual sinks, Eat in kitchen, Elevator, Entrance foyer, Jetted tub, Kitchen island, Living dining room, Main living area entry level, Separate formal dining room, Separate shower, Walk in closets, Wet bar

Exterior features

Balcony

Flooring

Marble

Windows

Blinds, Impact glass

Parking

Assigned, Covered, Deeded, Guest, Valet

Pool

Association

Security

Door man, Elevator secured, Fire sprinkler system, Lobby secured, Smoke detectors

Heating

Central, Electric

Cooling

Central air, Electric

HOA covers

Amenities, Association management, Cable TV, Common areas, Maintenance grounds, Maintenance structure, Pools, Reserve fund, Security, Sewer, Trash, Water

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Wheatley, Phillis ElementaryC2025-26Florida Department of Education school grade C, 2025-26 school year

Middle

de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year

High

Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year

Location

2020 N Bayshore Dr PH 4702