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Paramount Bay

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2020 N. Bayshore Drive, Miami, FL 33137

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Sale
Rent
PRICE
$950,000+
SQ FT
1,128-2,201
UNITS
346
STORIES
47
BUILT
2012

About

Paramount Bay

A perfect blend of refined city apartment and casual beach home, life at Paramount Bay is comfortable luxury. Envisioned by Lenny Kravitz for Kravitz Design Inc., Paramount Bay’s distinctive residential living experience represents the epitome of refined cool, sophistication, pleasure and peace. The grand 47-story architectural wonder, designed by Arquitectonica, offers spacious waterfront residences in a fresh, richly landscaped environment and is conveniently located close to the eclectic delights of Miami’s popular Design District, Wynwood Arts District, Miami Beach and Downtown. Paramount Bay is your personal sanctuary, an ode to thoughtful design, distinguished by a lifestyle that is as much global as it is local. Upon arrival, journey through an urban oasis of dramatically landscaped tropical gardens. Organized in tiers, the gardens create a gradual public to private transition, where intimate spaces enveloped in exotic foliage open to the iconic porte-cochère at the building’s main entrance. Paramount Bay redefines Miami living by blending resort-life with urban cool. A destination within a destination – located within the city’s hottest neighborhood. Enjoy Miami like it has never been enjoyed before. BUILDING FEATURES: * Grand lobby with 30-foot high ceilings and individual elevator banks * Lushly landscaped entrance plaza with fountain and iconic porte-cochère * Grand Club Room equipped with a top-of-the-line kitchen and the latest entertainment systems * Main pool deck with a 91-foot-long pool, featuring cabanas and outdoor games * A second private sunrise waterfront pool * Two-story 6,000-square-foot spa and fitness center with state-of-the-art equipment, including Wii Fit, sauna, steam and private treatment rooms * Pilates studio * Business lounge featuring video conferencing and private meeting space * Separate teen and children’s area with live view webcams * On-site car wash service * Pedestrian streetscape with retail and outdoor café * Wireless high-speed internet throughout the common areas * Building-wide fiber optic backbone allowing for the fastest internet possible * Valet and assigned covered parking * 24-hour security with video surveillance * Concierge/butler * Pet-friendly environment RESIDENCE FEATURES: * Spacious open floor plans with 10-foot-high ceilings * Full-length floor to ceiling glass walls, which allow for expansive panoramic views of biscayne bay and beyond * Generous 8-foot deep private terraces with glass railings * Stainless steel Wolf/sub-Zero appliances * Italian wood cabinetry and top-quality stone countertops * Solid core entrance doors * Chrome kitchen and bath fixtures * Rain head and hand-held showers surrounded by frameless glass for open bay views\*\* * Floating vanities with double vertical storage units * Smart technology * Large walk-in closets * Complete laundry room with washer and dryer\*\*\* \*\*Master only \*\*\*select units only [SEE DIGITAL BROCHURE](http://paramountbay.com/pdf/Paramount%20Brochure%20Digital%20Version.pdf)

Building key details

Developer

Istar Residential

Interior Designer

Lenny Kravitz

Landscape Designer

Lenny Kravitz

Neighborhood

Edgewater

Avg Price / Sq Ft

$973

Avg Assoc Fee

$1.23 / sq ft / month

CBB Rank

4.2/5help 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 Renters

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See building stats

Building Amenities

Pool / Spa
Pool / Spa
Heated Pool, Sauna, Spa / Hot Tub, Cabana, Private Pool
Boating
Boating
Dock Available, Boat Dock, Private Dock, Marina, Unrestricted Salt Water Access
Sport / Fitness
Sport / Fitness
Exercise Room, Pool, Tennis, Billiard, Basketball, Shuffleboard
Parking
Parking
Covered, Valet, Guest, Deeded
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, Library, Exterior Lighting, Extra Storage, Trash Chute, Bike Jog Path, Putting Green
Waterfront
Waterfront
Deeded Beach Access

Additional details

Monthly Avg Association Fee / Sq Ft

$1.23

Avg Price / Sq Ft

$973

Unit Conveniences

Central Cooling, Central Heat, Dishwasher, Electric Cooling, Electric Heat, Furnished, 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 ®

73 (Excellent Transit)

Bike Score ®

82 (Very Bikeable)

Available Condos at Paramount 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.

Paramount Bay floorplans

Paramount Bay floorplans
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Apt#
01-06
01
02
03
06
07
10
01
Model
Townhouses
Residence 01
Residence 02
Residence 03
Residence 06
Residence 07
Residence 10
Line 01
Bed/Baths
3 / 3
2 / 2.5
3 / 3.5
3 / 3
2 / 2 + Den
2 / 2.5 + Den
3 / 3
2 / 2.5
Floors
1
5
5
6
6
6
6
6 - 42
Interior + Ext (Sq Ft)
1637 + 29
1751 + 1171
2353 + 1656
1708 + 1452
1782 + 936
1803 + 1102
1818 + 1040
1588 + 183

Paramount Bay building stats

Inventory
Condos for Sale and for Rent
346
Total Condos
10 Condos for Sale
3% of building
11 Condos for Rent
3% of building
6%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$1,538,900

AVG LIST PRICE / SQ FT

$973

AVG SALE PRICE

$1,350,000*

*past six months

AVG SALE PRICE/ SQ FT

$135,000*

*past six months

$96*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

July 2024

0

June 2024

1

May 2024

0

April 2024

0

March 2024

0

February 2024

0

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Paramount Bay Expected To Sell Out by First Quarter 2013!

Preconstruction

Real Estate News

Paramount Bay

Downtown Miami

Paramount Bay Expected To Sell Out by First Quarter 2013!

With only 28 units remaining, Paramount Bay is selling out, and selling out fast. This suave property, standing tall in the burgeoning Biscayne Corridor, is already expected to be completely sold out by the first quarter of 2013, if not earlier. iStar Residential, one of the owners at Paramount Bay roped in Kravitz Design Inc. to take over the design responsibilities, a move that has paid off well, attracting both domestic as well as international buyers. Describing his design plan for Paramount Bay Lenny Kravitz said, “My vision for Paramount Bay is one that integrates the natural beauty and energy of Miami into a look that is as functional as it is inspirational. Life within the walls of Paramount Bay should be a blend of urban chic and waterfront living. Every corner, space and turn is strategically envisioned to emphasize this.” With over 90% of its unit portfolio already sold out, we know that Lenny Kravitz’s ambitious vision has been executed well. The sophisticated Paramount Bay has drawn out buyers in equal numbers from the US as well as internationally. Of its American buyers, Florida accounts for a third of all sales to date, while Latin Americans from Venezuela top the list of buyers internationally. With only three of its eleven penthouses left on the market, if you’re looking to reserve a unit in the swanky Paramount Bay the time to act would be now. Call us at 305-725-0566 to reserve yourself a residence in the luxurious Paramount Bay! For more information, click here! Source: worldpropertychannel.com

NEW PARAMOUNT BAY CONDO TOWNHOUSE MODEL

Hot Deals

Real Estate News

Paramount Bay

Downtown Miami

NEW PARAMOUNT BAY CONDO TOWNHOUSE MODEL

Paramount Bay Condo in Downtown Miami - Located in the Biscayne Corridor, the Paramount Bay tower will offer a total of 346 residences on 47 floors. The available one, two, three and four bedroom units will range in size from 1,245 square feet to 4,567 square feet, each with 10-ft. ceilings, private elevators and in the center of a community that rests on the edge of downtown Miami. PARAMOUNT BAY DEVELOPER UNITS AVAILABLE NOW! CLICK HERE OR CALL 305-725-0566 NOW TO VIEW CONDOS FOR SALE IN PARAMOUNT BAY!! CONDOBLACKBOOK.COM

Paramount Bay is Fannie Mae approved!

Market Insights

Real Estate News

Paramount Bay

Downtown Miami

Paramount Bay is Fannie Mae approved!

With Fannie Mae approval, now you can buy at Paramount Bay Miami with lower down payment and lower rates. Take advantage now! Paramount Bay condo has received the Fannie Mae approval. That makes it much easier to purchase a residence in this amazing condo! **Please contact us at 305-725-0566** **for showings or additional information!**

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