Paramount Bay Condo in Miami – Waterfront Miami Luxury Condos
Welcome to Paramount Bay! Paramount Bay is an urban oasis superbly located just minutes from the Design District, Wynwood Arts District and Downtown Miami. The architectural masterpiece designed by Arquitectonica features 346 spacious residences and an array of features and amenities that provide for a distinctive living experience that represents the epitome of refined cool, sophistication, pleasure and peace. Enjoy all of the benefits of city living, plus a beach club membership at Eden Roc Renaissance Miami Beach.
Paramount Bay recently opened and is the newest condominium to open in Downtown Miami. Paramount Bay is the most luxurious new residential development constructed in South Florida. It features expansive living spaces with huge terraces and private elevators to all units. Every unit in the building has a direct view of Biscayne Bay. The smallest unit in the building is large compared against floorplans in most other buildings.
| Paramount Bay Sales and Rentals: MLS Listing Data Updated 05/18/2012 at 4:26 PM Address: 2020 N Bayshore Drive, Miami, FL 33137 Year Built: 2011 Location: Miami Arts District Developer: Royal Palm Communities Architect: Arquitectonica Total Units: 346 Units from 1245 to 4567 sq. ft. Currently Available: 4 for Sale and 7 for Lease Lowest Sales Price: $540,000 Highest Sales Price: $1,725,000 Lowest Rental Price: $2,800 Highest Rental Price: $7,000 | Condo Specialist: Samir Patel Licensed Real Estate Broker Miami Condo Realty, Inc. (305) 503-6183 |
Paramount Bay Condo – Building Features:
- 47 Story building with only 10 units per floor (346 total residences)
- Spectacular design by world renouned Arquitectonica – Architects of (Marina Blue, Marquis Miami, ICON Brickell)
- Three story grand lobby with 24-hour security and concierge
- Designed by world-renowned interior design firm RTKL
- Flow through floor plans
- Ten foot high ceilings
- Eight foot deep terraces for grand entertaining
- Sub Zero and Wolf commercial style appliances
- Spectacular views of Biscayne Bay, South Beach and downtown
- Members only Paramount Style Club for 24 hour lounging
- 40 seat movie theater
- Waterfront retail and dining environment
- Two level glass walled fitness center overlooking Biscayne Bay
- Gentleman’s and Ladies’ dressing rooms with lockers
- Sauna and steam room
- Fully-equipped kitchen and billiard table
- Untra-chic European seating
- Oversized plasma television
- Cocktail bar with icemaker and refrigerator
- Catering service from restaurants and cafe in Edgewater Square
- Heated infinity edge swimming pool
- Room service, techcierge system, state-of-the-art audio and video
- Professional building management
- Concierge services
Featured Units for Sale in Paramount Bay:
| Photo | Unit # | Price | Short Sale/REO | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath/Half: | More Details |
|---|---|---|---|---|---|---|---|
![]() | 3802 | $1,725,000 | $733.11 | 2353 (219) | 3 Bedrooms 3 Bathrooms 1 Half Baths | ID #: A1636313 VIEW DETAILS | |
![]() | 3703 | $1,250,000 | $731.85 | 1708 (159) | 3 Bedrooms 3 Bathrooms | ID #: A1630510 VIEW DETAILS | |
![]() | 3601 | $960,000 | $548.26 | 1751 (163) | 2 Bedrooms 2 Bathrooms 1 Half Baths | ID #: A1632888 VIEW DETAILS |
There are currently 4 units in Paramount Bay available for sale as of 05/18/2012:
1 Bedrooms Available for Sale in Paramount Bay:
| ID # | Unit # | Price | % Change | Short Sale/REO | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1593936 | 705 | $540,000 | $444.81 | 1214 (113) | 1/1/1 | VIEW DETAILS |
2 Bedrooms Available for Sale in Paramount Bay:
| ID # | Unit # | Price | % Change | Short Sale/REO | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1632888 | 3601 | $960,000 | $548.26 | 1751 (163) | 2/2/1 | VIEW DETAILS |
3 Bedrooms Available for Sale in Paramount Bay:
| ID # | Unit # | Price | % Change | Short Sale/REO | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1630510 | 3703 | $1,250,000 | $731.85 | 1708 (159) | 3/3/0 | VIEW DETAILS | ||
| A1636313 | 3802 | $1,725,000 | $733.11 | 2353 (219) | 3/3/1 | VIEW DETAILS |
SHORT SALE = Short Sale Property
REO = Bank Owned Property / Foreclosure
There are currently 7 units in Paramount Bay available for lease as of 05/18/2012:
1 Bedrooms Available for Lease in Paramount Bay:
| ID # | Unit # | Price | % Change | Furnished? | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1639412 | 3105 | $2,800 | - | - | 1/2/0 | VIEW DETAILS |
2 Bedrooms Available for Lease in Paramount Bay:
| ID # | Unit # | Price | % Change | Furnished? | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1638824 | 1904 | $3,000 | $2.42 | 1240 (115) | 2/2/0 | VIEW DETAILS | ||
| A1592090 | 4201 | $4,000 | $2.28 | 1751 (163) | 2/2/1 | VIEW DETAILS | ||
| A1636168 | 1801 | $7,000 | Furnished | $4.00 | 1751 (163) | 2/2/1 | VIEW DETAILS |
3 Bedrooms Available for Lease in Paramount Bay:
| ID # | Unit # | Price | % Change | Furnished? | $/Sq.Ft. | Sq.Ft. (m2) | Bed/Bath | More Details |
|---|---|---|---|---|---|---|---|---|
| A1641762 | 2203 | $5,500 | $3.22 | 1708 (159) | 3/3/0 | VIEW DETAILS | ||
| A1638933 | 1202 | $5,800 | $2.46 | 2353 (219) | 3/3/1 | VIEW DETAILS | ||
| A1630558 | 3703 | $6,000 | $3.51 | 1708 (159) | 3/3/0 | VIEW DETAILS |
Recent Sales: 3 units in Paramount Bay were sold recently as reported by the MLS:
| Unit # | Sales Price | $/Sq.Ft. | Sq.Ft. (m2) | Short Sale/REO | Bed/Bath/Half | Sold Date |
|---|---|---|---|---|---|---|
| 4102 | $1,335,000 | - | - | 3 Beds and 3.5 Baths | 04/30/2012 | |
| 2404 | $500,000 | $341.30 | 1465 (136) | SHORT SALE | 2 Beds and 2 Baths | 04/27/2012 |
| 2705 | $470,000 | $387.15 | 1214 (113) | 1 Bed and 2 Baths | 04/27/2012 |
HIGHLIGHTED = Sold by Miami Condo Realty, Inc.
SHORT SALE = Short Sale Property
REO = Bank Owned Property / Foreclosure
| Paramount Bay Condo – Floor Plans | |||||
| Model | Line | Beds | Baths | Square Feet | Floor plans |
| D | 01 | 2 | 2 1/2 | 1751 | Download |
| E | 02 | 3 + Den | 3 1/2 | 2353 | Download |
| C2 | 03 | 3 | 3 | 1842 | Download |
| A4 | 04 | 1 + Den | 2 | 1240 | Download |
| A3 | 05 | 1 + Den | 2 | 1214 | Download |
| B2 | 06 | 2 + Den | 2 1/2 | 1782 | Download |
| B1 | 07 | 2 + Den | 2 1/2 | 1803 | Download |
| A2 | 08 | 1 + Den | 2 | 1214 | Download |
| A1 | 09 | 1 + Den | 2 | 1214 | Download |
| C1 | 10 | 3 | 3 | 1818 | Download |
Please call for additional unlisted availability.



Can you please provide me with information pertaining to this building. When will the units come on the market and what are the starting prices. Thank You
Building opening is expected in Mid-2011. Expected prices are likely above $400 per sq foot.
Has the building opened? Has any of the owners decided to rent their unit?
Paramount Bay is now open for sales. For detailed pricing or a tour of the property please give us a call at 305-503-6183