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Paraiso Bay

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650 NE 32nd Street, Miami, Florida 33137

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Sale
Rent
PRICE
$598,000+
SQ FT
706-6,676
UNITS
300
STORIES
52
BUILT
2018

About

Paraiso Bay

Just minutes from the heart of Miami’s vibrant arts, entertainment, and design districts and famed Miami Beach, there is an exquisite residential private community: Paraiso Bay.

From a distance, its striking architecture soars into the sky, offering breathtaking views from its spacious residences over Biscayne Bay and the city skyline to its privileged residents. Pass through secure gates into this private oasis and leave the city behind. Enter the acres of lush, beautifully landscaped gardens surrounding the towers and breathe at a different pace. Ascend by private elevator access to expertly designed residences and enjoy the abundant natural light and splendid views through floor-to-ceiling windows. Take pleasure in a rich array of unparalleled indoor and outdoor amenities – tennis courts, swimming pools, playgrounds, state-of-the-art fitness center, marina, and bayfront park among them – of this resort styled, self-contained community.

Welcome to Paraiso Bay, a beautiful and luxurious retreat where the best of Miami lies at your doorstep.

PARAISO BAY PROPERTY FEATURES

  • Twin 53-story luxury high-rise condominium towers, facing Biscayne Bay
  • 4 floors of PH
  • Unparalleled water-front views
  • Private elevators / foyers in each residence
  • Multifaceted glass railing balconies featured in all residences
  • Exquisitely appointed double volume entrance lobbies
  • Permanent installation of curated art collection throughout the building’s public spaces
  • Waterfront Park

PARAISO BAY AMENITIES

  • Private gated complex on close to 5 acres site with 500 feet of frontage on Biscayne Bay
  • “Garden of Eden” - luscious gardens and park by internationally renowned Swiss landscape architect Enzo Enea
  • Over 3 acre fourth-level elevated resort deck loaded with dramatic circular zero-entry heated swimming pool, outdoor spa, pool-side cabanas, summer kitchen area, jogging circuit, gardens, and beautifully landscaped sun terrace
  • Elegant clubroom with billiards, catering kitchen and multimedia facilities
  • State-of-the-art, fully equipped fitness center with cardio theater overlooking the pool deck resort area
  • Health spa with men and women’s steam and sauna facilities
  • Private screening room with state of the art audio visual equipment and theater-style seating
  • Wine cellar and tasting salon, and a Cigar lounge with private humidors
  • Tennis center with 2 lighted tennis courts and multipurpose court
  • Bayfront Beach Club featuring sand-beach area with private pool for hedonistic sunbathing under the palms, lounge area for private events
  • Self-parking on assigned spaces in covered and secured parking garage and 24-hour complimentary valet parking

Building key details

Neighborhood

Edgewater

Avg Price / Sq Ft

$906

Avg Assoc Fee

$1.02 / sq ft / month

Walk Score ®

80 (Very Walkable)

CBB Rank

4.4/5help popup

CBB Rank is based on an internal ranking of buildings based on location and level of luxury combined with the average of user reviews from popular review sites.

Pets

Pets OK for Owners & Renters , Large Pets Allowed for Owners

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Building Amenities

Pool / Spa
Pool / Spa
Heated Pool, Sauna, Spa / Hot Tub, Cabana
Boating
Boating
Dock Available, Boat Dock, Private Dock, Marina, Unrestricted Salt Water Access
Sport / Fitness
Sport / Fitness
Exercise Room, Pool, Tennis, Billiard, Basketball
Parking
Parking
Covered, Valet
General Amenities
General Amenities
Elevator, Bar, Business Center, Child Play Area, Bbq Picnic Area, Club, Community Room, Common Laundry, Bike Storage, Kitchen Facilities, Private Beach Pavilion
Waterfront
Waterfront
Deeded Beach Access

Additional details

Monthly Avg Association Fee / Sq Ft

$1.02

Avg Price / Sq Ft

$906

Unit Conveniences

Central Cooling, Central Heat, Dishwasher, Electric Cooling, Electric Heat, Unfurnished, Walk In Closets, Washer/Dryer

Maintenance Includes

N/A

Type of Association

N/A

Style

Condo, Condo 5+ Stories, Condo/Co-Op/Annual

Transit Score ®

55 (Good Transit)

Bike Score ®

68 (Bikeable)

Available Condos at Paraiso Bay

There are currently no units listed for sale in the MLS
for price list and members-only developer specials

Some useful guides for you

Here are some helpful documents and articles you might want to read.

Paraiso Bay floorplans

Paraiso Bay floorplans
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Apt#
01
01
02
02
03
04
05
06
Model
Residence 01 MOD
Residence 01
Residence 02 MOD
Residence 02
Residence 03
Residence 04
Residence 05
Residence 06
Bed/Baths
3 / 3.5 + Den
4 / 4.5
2 / 3 + Den
1 / 2 + Den
2 / 3 + Den
2 / 3 + Den
2 / 3 + Den
2 / 2 + Den
Floors
4 - 27
28 - 49
4 - 27
28 - 49
6 - 49
6 - 49
6 - 49
6 - 49
Interior + Ext (Sq Ft)
1646 + 300
1872 + 300
1175 + 217
945 + 217
1198 + 209
1193 + 209
1322 + 215
1067 + 219

Paraiso Bay building stats

Inventory
Condos for Sale and for Rent
300
Total Condos
27 Condos for Sale
9% of building
18 Condos for Rent
6% of building
15%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$1,383,978

AVG LIST PRICE / SQ FT

$906

AVG SALE PRICE

$620,000*

*past six months

AVG SALE PRICE/ SQ FT

$878*

*past six months

$310*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

July 2024

0

June 2024

0

May 2024

0

April 2024

0

March 2024

0

February 2024

0

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Construction Begins on Related's Long-Awaited Paraiso Bay

Preconstruction

Real Estate News

Paraiso Bay

Downtown Miami

Construction Begins on Related's Long-Awaited Paraiso Bay

Construction teams are working away at the Related Group's long awaited Paraiso Bay project. The Related Group planned for Paraiso Bay to be one of the largest multifamily developments in the history of Miami, with almost 1,400 units planned between four separate condo towers. However, project has caused some controversy. Related engaged in a strange land swapping deal, with a shrinking public park area promised to the city. Originally, Related offered the city a deal, where they would give the deed for a small park, worth approximately $3 million, near Paraiso to the city to allow for the public to use in return for planning and zoning approval on the project. The park is now steadily shrinking. Related now plans on adding a private beach club instead of a dog park and playground. The park has only 20,000 square-feet of space left that Related is supposed to give to the city. Source: exmiami.org Photo credit: Construction \- exmiami.org,

Related Teams Up with Michael Schwartz on the Paraiso Bay Project

Lifestyle

Preconstruction

Retail

Paraiso Bay

Downtown Miami

Related Teams Up with Michael Schwartz on the Paraiso Bay Project

Related Group and renowned restaurateur Michael Schwartz have joined forces to develop the Paraiso Bay and One Paraiso projects. The new legendary partnership will be combining skills to develop a restaurant and luxury beach club in the Edgewater district. Paraiso Bay is located at 600 Northeast 31st Street, Miami, and the One Parasio restaurant and beach club will be the second condo project planned for the area. “Paraiso Bay will bring something truly unique to the mainland,” Schwartz said, “and \[it\] deserves a waterfront restaurant to match.” Schwartz plans on his classic approach to dining: simple, with fresh ingredients. “We'll have Michael's incredible cuisine, gorgeous views of Biscayne Bay, a boutique beach club, all surrounded by Enea's landscaping,” says Jorge Pérez, CEO and chairman of The Related Group, “this is really going to be a paradise in Edgewater.” This is the second time that Related Group and Michael Schwartz have collaborated on projects in the area. Source: therealdeal.com Photo credit: Michael Schwartz \- blog.minewtimes.com, Paraiso Bay - skyscrapercity.com

David Guetta moves to Edgewater: "This is a little more cool, a little more cultural"

Celebrity

Real Estate News

Paraiso Bay

Downtown Miami

Edgewater

David Guetta moves to Edgewater: "This is a little more cool, a little more cultural"

On Friday, Guetta attended a party held by Related Group to celebrate the grand opening of the Paraiso Bay sales center, along with Sanchez Vicario. Related Group has announced that Guetta, former tennis champion Sanchez Vicario & San Antiono Spurs guard Manu Ginobili are among the buyers at Paraiso Bay. Source: miaminewtimes.com

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