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The ONLY true penthouse at 2020 N Bayshore Drive, PH4702 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 sqft of interior space, matching the largest floor plan in the building. Designed for indoor-outdoor living, it features 4 private balconies capturing sunrise and sunset, providing comfortable outdoor spaces year-round. Unlike oversized terraces exposed to wind, heat and rain, the balconies offer a more usable outdoor retreat. A private elevator opens directly into the foyer. Walls of glass flood the interiors with natural light, highlighting spacious living and dining areas and the split-bedroom layout. The primary suite offers water views, a spa-inspired bath and expansive closets. The fourth bedroom is ideal for in-law accommodations, staff quarters or a private office. The kitchen features Wolf appliances, including a wine cooler, dual ovens and a Miele coffee maker. The residence is featured in "Some Like It Hot: Inspiring Spaces By Florida's Hottest Designers, " showcasing its design by Whitney Bloom. Located in Paramount Bay, designed by Arquitectonica with interiors by Lenny Kravitz’s, offering walkability to Whole Foods, Publix, Margaret Pace Park, and waterfront restaurants like Klaw, Casadonna and Amara. Located less than 20 mins from Miami Airport, Miami Beach, the Design District and Brickell, and near Art Basel and the Miami International Boat Show.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,520,000 | $4,520,000 | $4,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $5,909 | $5,909 | $5,909 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,100 | $27,830 | $38,142 |
| Total Monthly Payment | $33,134 | $33,864 | $44,176 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.