Paramount Bay is located at 2020 N Bayshore Dr, Miami, FL 33137. Completed in 2010, it offers one to three-bedroom apartments with breathtaking views of Biscayne Bay.
Building details
Association name
PARAMOUNT BAY CONDOMINIUM OWNERS ASSOCIATION, INC.
Owners may rent their units a maximum of three (3) times per year. No lease can be less than ninety (90) days.
Pets
Yes · No weight restrictions · 2 pet max
HOA & financial
Application fee
Not on file
Approval timeframe
Not on file
Special assessment
Not on file
Reserves
Not on file
HOA fee includesBasic cable and Internet (Hotwire), water, sewer and trash removal
Avg HOA / month (MLS)$2,491
Lender & purchase requirements
—
primary residence
—
second home
—
investment
Review typeNot on file
Right of first refusalStatus unknown — contact HOA to confirm if they hold purchasing rights
Down payment notesNot on file
Actual down payment requirements vary by lender and loan program. Confirm current terms with your lender before making an offer.
Florida condo reform & structural compliance
Verify compliance with HOA before closing.
✓
SIRS required (3+ stories)
Building meets the state's 3-story threshold for a Structural Integrity Reserve Study
YES
✓
SIRS study completed
Study marked complete in Allioo records
YES
✓
SIRS reported to state
Reported to the state
YES
Phase 1 milestone inspection
Not confirmed in public records
VERIFY WITH HOA
✓
40-year recertification
Date on file: Date not confirmed — verify with association or local municipality
ON FILE
Florida law note: SB 4-D requires condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure before closing.