Paramount Bay condo

2020 bayshore Drive
Miami, Fl, 33137

Neighborhood:
Condo in Downtown Miami
Location:
Bayfront
Occupancy:
By 2008
Year Built:
2007
Bedrooms:
1,2,3
Number of Units:
346
Stories:
46
Price Range:
$549,000 to $3,450,000
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2020 bayshore Drive
Miami, Fl, 33137
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From the famed architectural firm Arquitectonica, you can buy the next stage in luxury condominium living in Miami with the Paramount Bay condo.

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
  • exotic woods
  • 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.

    Here are some tips if you are looking to buy a condo at The Paramount Bay:

    We always tell our clients that South Beach is the place to be but sometimes, we make an exception to tell them about this special condo in Edgewater. The Paramount Bay makes our top list simply because of it’s amazing amenities, the flow-through units and the great prices! The average price per square foot listed here is only $667.29 and this is considered as a very good deal in Miami standard. In the past one month alone, there were 3 closed sales in the condo at an average price of $600.41/sqft.

    Here are some tips:

    The one bedrooms in The Paramount Bay have a den inside their units, many owners and agents are listing their units as two bedrooms instead. As a general rule of thumb, the one bedrooms are units on the line 04, 05, 08, and 09.

    Currently, the best one bedroom condo in The Paramount Bay is unit 1908. It is listed at only $493/sqft! That is an amazing deal that you wouldn’t want to miss! Keep in mind that there is an extremely little room for negotiation for this unit because the owner bought it at $570,995 in 2012 and it is currently listed at $599,000.

    For a two bedroom in The Paramount Bay, we recommend unit 1601 which is a corner unit facing the north. The unit has not been upgraded but it is the cheapest corner unit that is available in the market. Unfortunately, there is only one condo in the 02 line, unit 3803, see virtual link here and it is listed at $2,235,000. Keep in mind that this unit is located on one of the highest floor and it has beautiful terrace overlooking the bay.

    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 CONDO 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 condo List of All Available Apartments for Sale

    1 BEDROOM CONDOS FOR SALE

    Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
      1104 $549,000 $484 1135 1/2/0 $775 Photos Plan Details
      1209 $550,000 $488 1128 1/2/0 $937 Photos Plan Details
      2604 $699,000 - - 1/2/0 $987 Photos Plan Details
      2504 $740,000 - - 1/2/0 $850 Photos Plan Details
      3104 $749,000 - - 1/2/0 $850 Photos Plan Details
      2509 $780,000 - - 1/2/0 $982 12/31/1969 Photos Plan Details

    3 BEDROOMS CONDOS FOR SALE

    Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
      1103 $1,100,000 - - 3/3/0 $1,387 Photos Plan Details
      1910 $1,100,000 $655 1679 3/3/0 $1,364 Photos Plan Details
      3803 $1,890,000 - - 3/3/0 $1,250 Photos Plan Details
     Price reduction within the last 60 days
     Price increase within the last 60 days
     Just listed condos
     Foreclosure
     Shortsale

    Paramount Bay condo floor plans

    Model Apt No. Beds & Baths sq.ft. # Of Units Available for sale floor plans
    01 01 (Floor 6-46) 2/2.5 1751 8 Download
    02 02 (Floor 6-46) 3/3.5 2353 0 Download
    03 03 (Floor 6-46) 3/3 1842 4 Download
    04 04 (Floor 6-46) 1/1.5 1240 6 Download
    05 05 (Floor 6-46) 1.5/2 1214 2 Download
    06 06 (Floor 6-46) 2/2 1782 3 Download
    07 07 (Floor 6-46) 2/2.5 1803 9 Download
    08 08 (Floor 6-46) 1.5/2 1214 7 Download
    09 09 (Floor 6-46) 1.5/2 1214 8 Download
    10 10 (Floor 6-46) 3/3 1818 2 Download

    Paramount Bay condo Statistics

    Total units in the building: 346

    Total units for sale (click to view): 30

    Units Currently Available for Sale at Paramount Bay condo

    Average price per square foot: $2,381.77

    Sold Unit Statistics

    Number of condos sold in 2017: 14

    Number of condos sold in 2018 to date: 15

    Average price per square foot in 2017: $583

    Average price per square foot in 2018 to date: $525

    Paramount Bay condo Reviews

    Reviews Summary for Paramount Bay condo

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    Paramount Bay condo - List of All Sold Apartments

    Unit # List Price Sold Price Sold $ / s.f. Beds & Baths sq.ft. Closed Date
    1402 $1,699,000 $1,600,000 $560 4/4/0 2858 09/10/2018
    2507 $1,095,000 $935,000 $559 3/2/1 1673 08/31/2018
    1908 $599,000 $580,000 $398 2/2/0 1456 07/19/2018
    2608 $629,000 $615,000 $422 2/2/0 1456 06/29/2018
    2206 $1,095,000 $935,000 $561 3/2/1 1666 06/13/2018
    903 $999,000 $980,000 $574 3/3/0 1708 05/14/2018
    2602 $1,650,000 $1,580,000 $671 3/3/1 2353 05/01/2018
    807 $969,000 $930,000 - 2/2/1 - 04/23/2018
    3301 $1,150,000 $1,075,000 - 2/2/1 - 04/16/2018
    606 $960,000 $825,000 $495 2/2/1 1666 03/13/2018
    2102 $1,499,000 $1,400,000 $595 3/3/1 2353 03/13/2018
    906 $895,000 $725,000 $435 2/2/1 1666 03/05/2018
    704 $515,000 $500,000 $441 1/2/0 1135 03/01/2018
    2302 $1,680,000 $1,496,000 $523 3/3/1 2858 01/31/2018
    2804 $690,000 $665,000 $586 1/2/0 1135 01/03/2018
    3410 $1,339,000 $1,195,000 $560 3/3/0 2134 12/14/2017
    3010 $1,345,000 $1,200,000 $715 3/3/0 1679 11/28/2017
    1910 $1,150,000 $937,000 $558 3/3/0 1679 11/22/2017
    2208 $670,000 $650,000 $576 1/2/0 1128 10/18/2017
    3610 $1,249,000 $1,150,000 $685 3/3/0 1679 09/29/2017
    2104 $634,900 $611,000 $538 2/2/0 1135 08/31/2017
    1806 $880,000 $830,000 $498 3/2/1 1666 04/28/2017
    2110 $1,099,000 $1,018,500 $607 3/3/0 1679 04/07/2017
    1506 $919,000 $880,000 $494 2/2/1 1782 02/22/2017
    703 $950,000 $910,000 $494 3/3/0 1842 02/02/2017
    3409 $769,900 $722,500 $641 2/2/0 1128 01/26/2017
    4702 $3,100,000 $2,850,000 $703 4/4/1 4055 12/16/2016
    3902 $2,295,000 $2,120,000 $901 3/3/1 2353 11/15/2016
    1906 $999,000 $940,000 $563 2/2/1 1670 09/16/2016
    608 $685,000 $550,000 $488 2/2/0 1128 09/01/2016
    2205 $690,000 $670,000 $584 2/2/0 1147 08/08/2016
    705 $635,000 $575,000 $501 2/2/0 1147 07/29/2016
    4202 $1,900,000 $1,750,000 $795 3/3/1 2201 07/26/2016
    2609 $680,000 $660,000 $585 2/2/0 1128 07/25/2016
    2708 $699,000 $678,000 $601 2/2/0 1128 07/06/2016
    907 $925,000 $915,000 $507 2/2/1 1803 07/01/2016
    2507 $1,125,000 $1,000,000 $598 3/2/1 1673 06/20/2016
    2605 $675,000 $620,000 $511 2/2/0 1214 06/13/2016
    2307 $1,250,000 $1,111,000 $664 2/2/0 1673 05/11/2016
    3310 $1,750,000 $1,550,000 $853 3/3/0 1818 05/06/2016
    4001 $999,999 $985,000 $563 2/2/1 1751 05/04/2016
    3306 $1,499,000 $1,400,000 $786 2/2/1 1782 04/08/2016
    1510 $1,249,000 $1,150,000 $685 3/3/0 1679 01/07/2016
    3607 $1,299,000 $1,160,000 $643 2/2/1 1803 11/18/2015
    104 $749,000 $725,000 $443 2/2/0 1637 11/10/2015
    2308 $709,000 $695,000 $616 2/2/0 1128 11/06/2015
    2407 $1,149,900 $950,000 $568 2/2/1 1673 10/26/2015
    2403 $1,199,500 $1,100,000 $644 3/3/0 1708 09/22/2015
    2203 $1,250,000 $1,180,000 $691 3/3/0 1708 09/21/2015
    4103 $1,625,000 $1,570,000 $919 3/3/0 1708 07/28/2015
    2303 $1,350,000 $1,250,000 $679 3/3/0 1842 07/17/2015
    805 $669,500 $650,000 $535 1/2/0 1214 07/06/2015
    708 $700,000 $650,000 $576 1/2/0 1128 07/06/2015
    1207 $1,190,000 $1,000,000 $555 2/2/1 1803 06/25/2015
    701 $950,000 $920,000 $525 2/2/1 1751 06/18/2015
    2710 $1,275,000 $1,250,000 $744 3/3/0 1679 05/16/2015
    2110 $1,350,000 $1,280,000 $686 3/3/0 1865 05/12/2015
    1910 $1,225,000 $1,237,000 $684 3/3/0 1808 05/06/2015
    3009 $799,000 $799,000 $708 2/2/0 1128 05/01/2015
    2902 $2,199,000 $2,100,000 $892 3/3/1 2353 04/14/2015
    PH4602 $4,899,000 $4,300,000 $969 4/4/1 4437 03/20/2015
    1708 $700,000 $695,000 $616 1/2/0 1128 03/09/2015
    3404 $780,000 $760,000 $670 1/2/0 1135 03/09/2015
    608 $689,000 $705,000 $625 2/2/0 1128 03/02/2015
    1507 $1,200,000 $1,140,000 $632 3/2/1 1803 02/05/2015
    1405 $740,000 $700,000 $610 2/2/0 1147 01/30/2015
    3408 $899,000 $760,000 $674 1/2/0 1128 01/22/2015
    908 $715,000 $688,000 $610 2/2/0 1128 01/13/2015
    3210 $1,350,000 $1,250,000 $691 3/3/0 1808 01/05/2015
    2606 $1,350,000 $1,300,000 $780 2/2/1 1666 12/27/2014
    1808 $789,000 $735,000 $652 2/2/0 1128 12/16/2014
    2907 $1,450,000 $1,290,000 $715 2/2/1 1803 11/18/2014
    1008 $839,900 $790,000 $651 2/2/0 1214 11/14/2014
    3105 $779,000 $730,000 $636 2/2/0 1147 11/12/2014
    2902 $2,000,000 $1,900,000 $863 3/3/1 2201 11/12/2014
    1806 $1,190,000 $1,075,000 $645 2/2/1 1666 11/11/2014
    2109 $695,000 $646,000 $573 2/2/0 1128 10/31/2014
    501 $980,000 $970,000 $611 2/2/1 1588 10/27/2014
    2202 $1,800,000 $1,950,000 $886 3/3/0 2201 10/10/2014
    604 $689,900 $650,000 $524 1/2/0 1240 09/29/2014
    2207 $1,185,000 $1,160,000 $643 2/2/1 1803 09/24/2014
    3901 $1,350,000 $1,175,000 $671 2/2/1 1751 09/16/2014
    1508 $700,000 $690,000 $612 2/2/0 1128 08/21/2014
    1108 $699,000 $609,000 $540 1/2/0 1128 08/02/2014
    2006 $1,250,000 $1,200,000 $720 2/2/1 1666 07/31/2014
    706 $1,099,000 $900,000 $540 2/2/1 1666 07/23/2014
    4003 $1,299,000 $1,225,000 $570 3/3/0 2149 07/22/2014
    2405 $745,000 $715,000 $623 2/2/0 1147 07/08/2014
    4005 $3,950,000 $3,100,000 $1,151 4/4/0 2694 06/30/2014
    2004 $715,000 $700,000 $565 1/2/0 1240 06/27/2014
    4101 $1,399,000 $1,285,000 $734 2/2/1 1751 05/30/2014
    1506 $1,190,000 $1,050,000 $630 2/2/1 1666 05/09/2014
    2207 $1,250,000 $1,185,000 $657 2/2/1 1803 05/01/2014
    1903 $1,450,000 $1,468,000 $683 3/3/0 2149 04/02/2014
    1601 $999,500 $990,000 $565 2/2/1 1751 03/27/2014
    102 $649,000 $635,000 $388 2/2/0 1637 03/26/2014
    3007 $1,485,000 $1,450,000 $867 2/2/1 1673 03/14/2014
    3402 $1,750,000 $1,700,000 $722 3/3/1 2353 03/14/2014
    3601 $1,399,000 $1,260,000 $720 2/2/1 1751 03/13/2014
    2302 $1,850,000 $1,800,000 $765 3/3/1 2353 03/12/2014