Paramount Bay Unit #605
Rent
US$6,450
US$50 (0.8% price drop)
Address:
2020 N Bayshore Drive,
Miami, Fl, 33137
Area:
Midtown Miami & Edgewater
Location:
Bayfront
Year built:
2007
Bedrooms:
1,2,3
Units:
346 total — 13 for rent
Pet friendly:
Contact for pet restriction
Rental price range:
US$6,200 to US$19,500/mo
PARAMOUNT BAY RENTAL GUIDE
Is Paramount Bay Right for You?
Paramount Bay may suit renters seeking a direct-waterfront Edgewater tower with generally larger homes and fewer residences than nearby high-rises. The building stands on Biscayne Bay north of Margaret Pace Park and includes conventional residences, larger upper-floor homes, and penthouses. Shared facilities include sunrise and sunset pools, a two-level fitness center, spa areas, sauna and steam rooms, club and screening rooms, children’s and teen spaces, concierge, and valet. Lease inclusions still depend on the selected privately owned condo.
Good Fit If
- You prioritize direct bay frontage and waterfront outdoor space.
- You want larger plans with substantial wellness and social facilities.
- You will verify parking, view, furniture, and amenity access in writing.
Compare Other Options If
- You need compact studios or smaller one-bedroom choices.
- You prefer a simpler building with fewer service layers.
Why Rent at Paramount Bay?
Paramount Bay’s main distinctions are its direct shoreline position, larger residence formats, and balanced indoor and outdoor amenity program.
Direct Waterfront Parcel
The property reaches Biscayne Bay rather than facing it across Margaret Pace Park, creating a different relationship to the shoreline.
Sunrise and Sunset Pools
Two pool settings, lounging areas, cabanas, and outdoor gathering functions give renters alternatives by time of day and exposure.
Fitness and Spa
A two-level fitness center, massage spaces, saunas, and steam rooms support exercise and recovery within the building.
Several Household Spaces
Club, screening, children’s, and teen rooms provide options beyond the pool deck. Current tenant eligibility and reservations require confirmation.
Things to Consider Before Renting at Paramount Bay
Paramount Bay’s waterfront and service features are meaningful, but renters should separate building-wide facts from condo-specific rights and conditions.
Larger-Home Costs
More interior space can mean higher utilities, furnishing needs, deposits, and moving complexity. Review the full lease budget and included services.
Access Must Be Current
Confirm tenant use, guest rules, reservations, temporary closures, and separate charges for pools, spa, fitness, club, screening, and family rooms.
Private Condo Variation
Floor plan, terrace, exposure, appliances, furniture, parking, storage, elevator entry, and owner maintenance duties vary substantially by private residence before signing.
Renting at Paramount Bay: What to Know
Request Paramount Bay’s current tenant application, amenity schedule, and move package for the exact residence. Confirm rental eligibility, lease term, screening and financial documents, fees, deposits, insurance, pet conditions, assigned parking, storage, guest entry, review timing, and elevator reservations. Obtain written clarification of tenant access to both pools, fitness and spa areas, saunas, steam rooms, club, screening, children’s and teen spaces, packages, and valet. Coordinate approval, credentials, keys, parking, and moving logistics before committing to dates.
Compare Paramount Bay With Similar Midtown Miami & Edgewater Buildings
Aria on the Bay offers newer construction facing Margaret Pace Park, Quantum provides more compact formats in a two-tower community, and 23 Biscayne Bay supplies a much smaller inland building with simpler amenities.
Aria on the Bay
Aria has extensive pool, wellness, work, entertainment, and family facilities, but the park sits between its parcel and Biscayne Bay.
Quantum on the Bay
Quantum offers studios, lofts, and one- through three-bedroom homes with two pools and substantial fitness and social areas across two towers.
23 Biscayne Bay
This 96-residence inland tower has one- through three-bedroom homes, a pool deck, fitness center, social room, fewer shared circulation points, and simpler daily circulation overall.
MLS List of Available Condos for Lease at the Paramount Bay
Paramount Bay Unit #2105
Rent
US$6,800
Paramount Bay Unit #1009
Rent
US$6,200
Paramount Bay Unit #1908
Rent
US$6,500
US$250 (3.7% price drop)
Paramount Bay Unit #2909
Rent
US$7,000
Paramount Bay Unit #2404
Rent
US$7,500
Paramount Bay Unit #1606
Rent
US$8,950
Paramount Bay Unit #1706
Rent
US$9,000
Paramount Bay Unit #1407
Rent
US$9,500
Paramount Bay Unit #2603
Rent
US$10,900
US$1,600 (12.8% price drop)
Paramount Bay Unit #3303
Rent
US$12,500
4.2% price increase
Paramount Bay Unit #1602
Rent
US$11,500
US$1,000 (8% price drop)
Paramount Bay Unit #4104
Rent
US$19,500
About the Paramount Bay
Paramount Bay is a luxury building in the Midtown Miami & Edgewater area with Bayfront location. There are currently 13 condos for lease with 1,2,3 bedrooms. Rental prices starts at US$6,200. Rentals are in high demand on this building so contact us to schedule a showing. We are specialized in long term rentals.
