28 for Sale

1 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	3505	1/2	1,147 ft2 (107m2)	$609 ($6,560)	$699,000	Mar 04, 20	31
	705	1/2	1,147 ft2 (107m2)	$522 ($5,621)	$599,000	Jan 29, 20	24

2 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	1707	2/2.5	1,673 ft2 (155m2)	$658 ($7,077)	$1,100,000	Mar 10, 20	26
	707	2/2.5	1,673 ft2 (155m2)	$628 ($6,756)	$1,050,000	Mar 20, 18	20
	2406	2/2.5	1,666 ft2 (155m2)	$630 ($6,784)	$1,050,000	May 22, 19	25
	1407	2/2.5	n/a	$0 ($0)	$999,900	Sep 23, 19	9
	701	2/2.5	1,588 ft2 (148m2)	$513 ($5,524)	$815,000 7%	May 24, 19	14
	3305	2/2	n/a	$0 ($0)	$690,000	Jan 06, 20	44
	3604	2/2	1,135 ft2 (105m2)	$590 ($6,354)	$670,000 11%	Oct 25, 19	40
	1805	2/2	1,147 ft2 (107m2)	$558 ($6,006)	$640,000	Mar 18, 20	52
	1804	2/2	1,135 ft2 (105m2)	$546 ($5,880)	$620,000 11%	Feb 10, 19	10
	2309	2/2	1,128 ft2 (105m2)	$519 ($5,582)	$585,000	Mar 30, 20	8
	104	2/2	1,637 ft2 (152m2)	$311 ($3,347)	$509,000 7%	Aug 29, 19	19

3 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	2502	3/3.5	2,353 ft2 (219m2)	$797 ($8,577)	$1,875,000	Mar 03, 20	34
	3803	3/3	n/a	$0 ($0)	$1,790,000	Sep 11, 19	16
	3602	3/3.5	2,201 ft2 (204m2)	$791 ($8,509)	$1,740,000	Jan 09, 20	37
	1902	3/3.5	2,201 ft2 (204m2)	$768 ($8,265)	$1,690,000 3%	Mar 27, 19	24
	2603	3/3	n/a	$0 ($0)	$1,550,000	Feb 14, 20	26
	1502	3/3.5	2,353 ft2 (219m2)	$637 ($6,862)	$1,500,000	Mar 26, 20	25
	3303	3/3	n/a	$0 ($0)	$1,250,000	Mar 20, 20	24
	1603	3/3	1,708 ft2 (159m2)	$702 ($7,556)	$1,199,000	Feb 04, 20	67
	3410	3/3	1,679 ft2 (156m2)	$714 ($7,687)	$1,199,000 10%	Jan 06, 20	55
	603	3/3	1,708 ft2 (159m2)	$629 ($6,775)	$1,075,000 17%	Jul 20, 19	31
	1210	3/3	1,679 ft2 (156m2)	$625 ($6,731)	$1,050,000	Jul 16, 19	29
	1910	3/3	1,679 ft2 (156m2)	$595 ($6,404)	$999,000 9%	Jul 17, 19	45
	2510	3/3.5	1,679 ft2 (156m2)	$593 ($6,379)	$995,000	Feb 24, 20	20

4 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	PH4302	4/4.5	4,055 ft2 (377m2)	$1,208 ($13,007)	$4,900,000	Jan 09, 20	29

5 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	PH3906	5/5.5	3,660 ft2 (340m2)	$846 ($9,102)	$3,095,000	Jul 16, 19	28

Pending Sales in Paramount Bay These are recent sales that have not closed. The final sales prace will be published after the property closed.

17 for Rent

1 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	3104	1/2	1,135 ft2 (105m2)	$3 ( $31)	$3,300 1%	Feb 24, 2020	7
	2305	1/2	1,147 ft2 (107m2)	$3 ( $30)	$3,250	Mar 23, 2020	1

2 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	801	2/2.5	1,588 ft2 (148m2)	$3 ( $37)	$5,500	Jan 08, 2020	15
	2506	2/2.5	1,666 ft2 (155m2)	$3 ( $36)	$5,500	Dec 05, 2019	16
	1407	2/2.5	1,673 ft2 (155m2)	$3 ( $35)	$5,400	Mar 24, 2020	78
	2601	2/2.5	1,751 ft2 (163m2)	$3 ( $33)	$5,400	Jan 17, 2020	24
	3301	2/2.5	1,751 ft2 (163m2)	$3 ( $33)	$5,300	Jan 17, 2020	10

3 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	4202	3/3.5	2,201 ft2 (204m2)	$4 ( $40)	$8,200	Feb 17, 2020	21
	3802	3/3.5	2,201 ft2 (204m2)	$3 ( $32)	$6,500 7%	Dec 02, 2019	20
	3410	3/3	1,679 ft2 (156m2)	$4 ( $40)	$6,300	Mar 11, 2020	44
	2803	3/3	1,708 ft2 (159m2)	$4 ( $38)	$5,999	Mar 18, 2020	38
	3503	3/3	1,708 ft2 (159m2)	$3 ( $37)	$5,900 9%	Dec 02, 2019	34
	1910	3/3	1,679 ft2 (156m2)	$4 ( $38)	$5,900	Jan 07, 2020	43
	1203	3/3	1,708 ft2 (159m2)	$3 ( $36)	$5,700 2%	Jan 28, 2020	23
	1502	3/3.5	2,353 ft2 (219m2)	$2 ( $26)	$5,700	May 20, 2019	25
	1502	3/3.5	2,353 ft2 (219m2)	$2 ( $26)	$5,700 12%	Dec 27, 2019	25
	3703	3/3	1,708 ft2 (159m2)	$3 ( $35)	$5,500	Mar 02, 2020	16

Statistics

28 of 338 for Sale (8%)

• Avg. List Price

  $1,283,354

• Avg. Price / SQ. FT.

  $855

• Highest Priced

  $4,900,000

• Avg. days on market

  167

17 of 338 for Rent (5%)

• Avg. List Price

  $5,591

• Avg. Price / SQ. FT.

  $3

• Highest Priced

  $8,200

• Avg. days on market

  80

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Average Sales Prices by Units in Paramount Bay

Average Asking Price vs Average Sold Price in Paramount Bay

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SOLD

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Sold in Last 12 Months

Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
1 Bedroom Apartmnets Sold in Paramount Bay
2018-10-03 1209 $597,900 $535,000 11% 1,128 ft2 (105m2) 1/2 $474( $5,105)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
2 Bedroom Apartmnets Sold in Paramount Bay
2018-07-18 2909 $680,000 $625,000 8% 1,128 ft2 (105m2) 2/2 $554( $5,964)
2019-02-06 1709 $680,000 $633,000 7% 1,128 ft2 (105m2) 2/2 $561( $6,040)
2019-03-04 3209 $715,000 $670,000 6% 1,128 ft2 (105m2) 2/2 $594( $6,393)
2019-04-27 2006 $1,250,000 $1,250,000 1,673 ft2 (155m2) 2/2.5 $747( $8,042)
2019-01-12 1907 $999,900 $793,000 21% 1,673 ft2 (155m2) 2/2.5 $474( $5,102)
2019-09-06 2009 $599,000 $599,000 1,128 ft2 (105m2) 2/2 $531( $5,716)
2018-05-21 1901 $998,000 $815,000 18% 1,588 ft2 (148m2) 2/2.5 $513( $5,524)
2018-06-27 2509 $780 $599,000 1,128 ft2 (105m2) 2/2 $531( $5,716)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
3 Bedroom Apartmnets Sold in Paramount Bay
2019-02-07 2702 $1,799,999 $1,799,999 2,353 ft2 (219m2) 3/3.5 $765( $8,234)
2019-10-05 3302 $185,000,000 $1,850,000 99% 0 ft2 (n/am2) 3/3.5 $0( $0)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
4 Bedroom Apartmnets Sold in Paramount Bay
2019-04-05 4702 $3,899,000 $3,899,000 4,055 ft2 (377m2) 4/4.5 $962($10,350)

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 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.

PARAMOUNT BAY 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
• Shuttle service to Eden Roc Renaissance Miami Beach
• 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

PARAMOUNT BAY 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