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Paramount Bay Miami: An Owner’s Guide to Smarter Rentals and Professional Management

With its sweeping bay views at 2020 N Bayshore Dr, Miami, FL 33137, Paramount Bay Miami is more than a landmark—it’s one of the city’s most sought-after residential towers. For owners, the building’s 90-night minimum and two rental applications per year policy create a clear opportunity: fewer turnovers, stable Mid-Term tenants, and a product that appeals to discerning renters seeking extended, luxury living.

Why Paramount Bay Miami Attracts Mid-Term and Seasonal Renters

  • Prime Edgewater location: Situated at 2020 N Bayshore Dr, Paramount Bay overlooks Biscayne Bay with quick access to Margaret Pace Park, the Arts & Entertainment District, Wynwood, and Brickell. Renters value the blend of quiet waterfront views and proximity to Miami’s cultural and business hubs.
  • Lifestyle-driven amenities: Multiple pools, a state-of-the-art fitness center, spa, kids’ room, club room, private cabanas, and a luxury waterfront condominium that create a genuine city oasis.
  • Luxury design pedigree: Interiors by Kravitz Design Inc. deliver a sophisticated, modern aesthetic built for comfort.
  • Rental terms that fit real life: The 90-night minimum aligns with relocating executives, seasonal residents, and families who want more stability than nightly rentals—supporting stronger relationships and smoother stays.
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Making the Most of Your Paramount Bay Miami Investment

While the 90-night minimum and two rental applications per year cap may seem restrictive at first glance, they actually protect owners’ investments by reducing wear and vacancy churn. 

  • Steadier income: Extended bookings reduce vacancy gaps and keep calendars predictable.
  • Lower maintenance costs: Less frequent turnover reduces cleaning and repair cycles.
  • Quality tenants: Longer commitments attract responsible renters who value the property.
  • Compliance peace of mind: Operating within building rules prevents headaches and costly violations.
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How Lunabase Maximizes Returns at Paramount Bay

Lunabase specializes in navigating Miami’s diverse condo policies, aligning marketing and management strategies with each building’s unique requirements. At Paramount Bay, that means:

  • Targeted marketing to executives, families, and seasonal residents who seek luxury stays of 3–6 months.
  • Optimized pricing based on seasonal demand across Midtown, Edgewater, and Downtown Miami.
  • Full-service operations including tenant screening, professional cleaning, and responsive maintenance.
  • Transparent reporting that gives owners a clear view of occupancy, net income, and expenses.
  • Policy compliance guaranteed: Every lease set to the 90-night minimum and within the two-applications-per-year limit.

Why Partner with Lunabase

Managing rentals at Paramount Bay requires experience in balancing luxury branding, tenant expectations, and strict compliance. Lunabase brings the tools, systems, and local expertise to ensure your residence doesn’t just list—it performs. Whether you’re an investor or a homeowner considering a lease, we help you unlock the building’s potential without the day-to-day stress.

Own a unit at Paramount Bay Miami? Let’s build a plan that works within the building’s rules while maximizing your return. Contact Lunabase today to learn how we can position your property for high-quality tenants and long-term profitability.