From the famed architectural firm Arquitectonica comes the next stage in luxury condominium living in Miami.
Developed by the Royal Palm Communities, Paramount Bay Condo offers 360 units with flow-through floor plans offering incomparable views of Miami Downtown, South Beach island and Biscayne Bay – all in one of the most innovative and stunning architectural statements on the Bay.
Located between the Performing Arts Center and the Design District, this remarkable new development will rise between Biscayne Boulevard and Biscayne Bay. Entrance will be from a grand courtyard adjoining Edgewater Square that will mix outdoor eating, retail space and waterfront promenades.
Inside, the three-level grand lobby designed by Lenny Kravitz Design leads buyers to their private elevator lobbies as well as to the mezzanine with its spa and fitness center, club and party rooms, pool and sundecks.
If you buy at Paramount Bay you will be able to enjoy two swimming levels. An infinity-edge pool to the east accommodates a circular stair and a cascading water feature linking the pool to the clubroom below. The west pool will be the perfect location for viewing Miami sunsets. Open-air living rooms feature cabanas, lounges and a musical environment provided by the Paramount Club Room.
The two-level fitness center features a sauna, a steam room, Ladies and Gentlemen’s dressing rooms and a full range of workout equipment – to be utilized while enjoying the view of the Bay through generous glass walls.
The Paramount Club is perfect for your own enjoyment and for entertaining guests. Play billiards or watch the giant plasma TV. Serve meals from the fully equipped kitchen or offer drinks from the cocktail bar. A private outdoor terrace offers open-air entertaining.
The incomparable views of the Bay and Miami are surveyed from eight-foot deep terraces on most units, while penthouses feature 2,000-square foot garden terraces. All condos at Paramount Bay boast ten-foot ceilings, floor-to-ceiling glass walls, and four-foot wide, full-height solid-core doors that open for true flow-through visibility and access.
Kitchens are appointed with your choice of
finest marble countertops
European style cabinetry design
Commercial-grade Wolf appliances, SubZero refrigerators, and stainless Blanco sinks with KWC faucets are standard. Master baths allow easy access to showers with six-foot wide full-height glass showers. Dornbracht plumbing fixtures grace Paramount Bay Signature Floating Vanities with their stone countertops and double storage. Duravit Starck toilets and bidets are found in master baths, while second baths feature matching toilets and plumbing fixtures as well as a Jacuzzi tub.
South of the Adrienne Arsht performing art center, you should also check out the Ten Museum Park condo.
December's tips if you are willing to buy a condo at the Paramount:
Not only does the condo have an inventory, it is also one of the best selling property. Indeed, back in October, it sold 3 properties between $573/sqft and $886/sqft. Then in November, as I am giving you my advice, it has already sold unit #2902 at $1.9M, #1008 at $790,000 and even #3105 at $730,000!
Prices are quite attractive at the Paramount Bay for units that are all facing the bay of Miami and feature amazing views! It is even better than our expectations from last month because we thought that investors would rather purchase below $700/sqft.
As compared to last month, some more units came back on the market! 5 new units just got listed, whether they are 2 bedrooms, 3 bedrooms or 4 bedrooms. There is room for buyers since the ones that have found purchasers lately are 2 and 3 bedrooms.
Please check out new units #2308 at $723/sqft and #1207 at $882/sqft for the 2 bedroom lovers. See the usual design for the trending line 08 here.Those who want to invest in a 4 bedroom could have a look at #3405/6 that has been tailor-made. The high $2307/sqft is justified by the fact that it is a one of a kind unit which floor plan has been fully modified.
3 bed unit #3210 with floor-to-ceiling windows offering a 360 view was undergoing a $100,000 reduction. It just went under contract!
24-hour Security & Concierge
Two Level Glass Walled Fitness Center Overlooking Biscayne Bay
Sauna and steam
East and West Swimming Pool
An integrated circular interconnecting stair and cascading water feature to the clubroom below
Outdoor living rooms featuring outdoor beds, cabanas & chase lounges and music controlled from Club
Picturesque waterfront promenade
Rich pedestrian streetscape with upscale retail establishments
Signature fine dining venues including one housed in the historic mansion from the movie, \\\
Cutting Edge Touch: Screen Panels to order room service, maid service, dry cleaning, play dvd
Paramount is the first condominium to offer our unit owners an onsite technology concierge to fix an
Electronic Garage Access (TBD)
Cocktail bar with ice maker and refrigerator
Grand Lobby with 30 -foot high ceilings and individual elevator banks
Paramount Bay FEATURES
High-speed Private Elevators and Private Elevator Lobbies for Each Residence
Penthouse Garden Terraces
Flow Through Floor Plans in all Two+ Bedroom Residences
Generous Eight Foot Deep Terraces for Grand Entertaining
Ten Foot High Ceilings
4 ft wide full height solid core doors between living rooms and bedrooms will allow flow through bay views from all direction
Ten Foot High Glass Doors and Windows
Paramount Signature European cabinets available in exotic woods
Several choices of top grade marble countertops
Sub Zero Refrigerators
Wolf commercial style appliances
Stainless steel Blanco sink
KWC stainless steel faucet
Dornbracht plumbing fixtures
Paramount Signature Floating Vanities with double vertical storage units
Duravit Starck Toilets and Bidets
Choice of top-grade stone countertops
Six foot wide full height glass showers
Other BUILDING Info
1 Assigned and Valet
6 months minimum
Paramount Bay - List of All Available Apartments for Sale