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Paramount Bay
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Address: 2020 bayshore Drive
Miami, Fl, 33137
Neighborhood: Downtown Miami
Location: Bayfront
Occupancy: By 2008
Year Built: 2007
Bedrooms: 1,2,3
Number of Units: 346              Stories: 46
Price Category: $735,000 to $4,500,000

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Detailed Description for Paramount Bay

Click here to see all available condos for sale at the Paramount Bay

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 RTKL will lead residents to their private elevator lobbies as well as to the mezzanine with its spa and fitness center, club and party rooms, pool and sundecks.

In fact, Paramount Bay boasts 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 units 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 exotic woods and finest marble countertops, complementing the 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.


BUILDING AMENITIES
  • 24-hour Security & Concierge
  • Two Level Glass Walled Fitness Center Overlooking Biscayne Bay
  • Gentlemen\\
  • 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
  • Kravitz Design

Paramount Bay FEATURES
  • General
    • 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
  • Kitchen
    • 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
  • Bathroom
    • Dornbracht plumbing fixtures
    • Paramount Signature Floating Vanities with double vertical storage units
    • Duravit Starck Toilets and Bidets
    • Choice of top-grade stone countertops
    • Rain shower
    • Six foot wide full height glass showers

Other BUILDING Info
  • Views: Bay, City
  • Pets: No restrictions
  • Parking: 1 Assigned and Valet
  • Rental Policy: 6 months minimum
  • Architect: Arquitetonica
  • Developer: Istar Residential


Paramount Bay - List of All Available Apartments for Sale


1 Bedroom Condos For Sale

   
Unit #
Price
Price per sq.ft.
sq.ft.
BR/BA
Maint.
List Date
Image
Floor Plan
More...
  3304 $735,000 $590 1245 1/2/0 $767 12/21/2012   Floor Plan Details
  1708 $807,700 $716 1128 1/2/0 $800 04/24/2013   Floor Plan Details


2 Bedrooms Condos For Sale

   
Unit #
Price
Price per sq.ft.
sq.ft.
BR/BA
Maint.
List Date
Image
Floor Plan
More...
-5.1% 2404 $749,000 $604 1241 2/2/0 $763 09/20/2012   Floor Plan Details
5.1% 1801 $1,035,000 $591 1751 2/2/1 $1,073 01/19/2013   Floor Plan Details
  707 $1,199,000 $666 1800 2/2/1 $1,100 11/16/2012   Floor Plan Details
3% 2606 $1,390,000 - - 2/2/1 - 02/14/2013   Floor Plan Details


3 Bedrooms Condos For Sale

   
Unit #
Price
Price per sq.ft.
sq.ft.
BR/BA
Maint.
List Date
Image
Floor Plan
More...
-4.8% 2403 $1,200,000 $558 2149 3/3/0 $1,300 07/31/2012   Floor Plan Details
  2303 $1,273,900 $690 1846 3/3/0 $1,200 05/11/2013   Floor Plan Details
  2810 $1,299,000 $774 1679 3/3/0 $1,128 04/27/2013   Floor Plan Details
  1703 $1,350,000 $628 2149 3/3/0 $1,300 04/05/2013   Floor Plan Details
  3802 $1,685,000 $716 2353 3/3/1 $1,488 02/26/2013   Floor Plan Details


4 Bedrooms Condos For Sale

   
Unit #
Price
Price per sq.ft.
sq.ft.
BR/BA
Maint.
List Date
Image
Floor Plan
More...
  4702 $4,500,000 $705 6382 4/4/0 $2,475 11/15/2012   Request Details




 Price reduction within the last 60 days.
Price increase within the last 60 days
Just listed condos
Foreclosure
Shortsale

Sales Data as of

Paramount Bay Floor Plans



Model Apt No. Beds/Baths SqFt # Of Units Available for sale Floor Plans
01 01 (Floor 6-46) 2/2.5   1751 1 Download
02 02 (Floor 6-46) 3/3.5   2353 1 Download
03 03 (Floor 6-46) 3/3   1842 3 Download
04 04 (Floor 6-46) 1/1.5   1240 2 Download
05 05 (Floor 6-46) 1.5/2   1214 0 Download
06 06 (Floor 6-46) 2/2   1782 1 Download
07 07 (Floor 6-46) 2/2.5   1803 1 Download
08 08 (Floor 6-46) 1.5/2   1214 1 Download
09 09 (Floor 6-46) 1.5/2   1214 0 Download
10 10 (Floor 6-46) 3/3   1818 1 Download



Paramount Bay Statistics
Total units in the building: 346
Total units for sale (click to view): 12
Units Currently Available for Sale at Paramount Bay
Average price per square foot: $649.42
Sold Unit Statistics
Average price per square foot: $547
Number of condos sold in 2012: 4
Number of condos sold in 2013 to date: 6
Average price per square foot in 2012: $457
Average price per square foot in 2013 to date: $577


Paramount Bay Reviews

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Paramount Bay- List of All Sold Apartments
Unit #
List Price
Sold Price
Sold $ / s.f.
Bed/Bath
Sq. Footage
Closed Date
2410 $1,299,900 $1,230,000 $677 3/3/0 1818 05/06/2013
1901 $940,000 $920,000 $525 2/2/1 1751 04/30/2013
3703 $1,250,000 $1,200,000 $703 3/3/0 1708 03/19/2013
3601 $960,000 $945,000 $540 2/2/1 1751 03/06/2013
2001 $1,000,000 $750,000 $428 2/2/1 1751 03/04/2013
2804 $729,000 $729,000 $588 1/2/0 1240 02/20/2013
804 $629,000 $605,000 $486 1/2/0 1246 11/29/2012
3005 $585,000 $570,000 - 1/2/0 - 09/04/2012
705 $550,000 $520,000 $428 1/2/0 1214 08/07/2012
4102 $1,499,000 $1,335,000 - 3/3/1 - 04/30/2012

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