15 for Sale

1 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	2108	1/2	1,128 ft2 (105m2)	$754 ($8,111)	$850,000	Sep 14, 21	21
	2504	1/2	1,135 ft2 (105m2)	$704 ($7,577)	$799,000 9%	Jul 15, 21	16
	1109	1/2	1,128 ft2 (105m2)	$683 ($7,348)	$770,000	Sep 14, 21	20

2 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	1607	2/2.5	1,673 ft2 (155m2)	$777 ($8,364)	$1,300,000	Aug 10, 21	19
	3301	2/2.5	1,588 ft2 (148m2)	$818 ($8,805)	$1,299,000	Sep 09, 21	32
	2801	2/2.5	1,588 ft2 (148m2)	$818 ($8,805)	$1,299,000	Sep 09, 21	49
	2406	2/2.5	1,666 ft2 (155m2)	$690 ($7,430)	$1,150,000 9%	May 22, 19	25
	3204	2/2	1,135 ft2 (105m2)	$969 ($10,432)	$1,100,000	Oct 22, 21	43
	1904	2/2	1,135 ft2 (105m2)	$683 ($7,350)	$775,000	Dec 02, 20	15

3 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	810	3/3	1,679 ft2 (156m2)	$744 ($8,014)	$1,250,000	Oct 04, 21	18
	610	3/3	1,679 ft2 (156m2)	$744 ($8,014)	$1,250,000	Jul 14, 21	23
	910	3/3	1,679 ft2 (156m2)	$744 ($8,014)	$1,250,000	Aug 30, 21	22

4 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	PH3708	4/4.5	2,760 ft2 (256m2)	$1,431 ($15,405)	$3,950,000 6%	Jul 09, 21	46
	3405/06	4/4.5	1,214 ft2 (113m2)	$2,100 ($22,610)	$2,550,000	Jul 02, 21	29
	802	4/3.5	2,201 ft2 (204m2)	$886 ($9,532)	$1,949,000	Aug 14, 21	63

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

3 for Rent

Please note!!!

Seasonal rentals are possible at Paramount Bay, however availability is limited. According to condominium policies the minimum rental period at Paramount Bay is 6 Months. For stays of less than 6 months, please visit our list of Miami Condos that allow short term rentals.

3 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	2702	3/3.5	2,201 ft2 (204m2)	$9 ( $98)	$20,000	Oct 04, 2021	19
	2310	3/3	1,679 ft2 (156m2)	$7 ( $71)	$11,000	Aug 24, 2021	28

4 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	3807	4/4.5	3,415 ft2 (317m2)	$11 ( $117)	$37,000 5%	Aug 11, 2021	18

Statistics

15 of 338 for Sale (4%)

• Avg. List Price

  $1,436,067

• Avg. Price / SQ. FT.

  $921

• Highest Priced

  $3,950,000

• Avg. days on market

  135

3 of 338 for Rent (1%)

• Avg. List Price

  $22,667

• Avg. Price / SQ. FT.

  $9

• Highest Priced

  $37,000

• Avg. days on market

  52

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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)
2 Bedroom Apartmnets Sold in Paramount Bay
2020-07-09 1107 $770,000 $770,000 1,673 ft2 (155m2) 2/2.5 $460( $4,954)
2019-02-10 1804 $695,000 $599,000 14% 1,135 ft2 (105m2) 2/2 $528( $5,681)
2021-01-22 2206 $949,000 $949,000 1,666 ft2 (155m2) 2/2.5 $570( $6,131)
2021-03-18 4201 $950,000 $950,000 1,588 ft2 (148m2) 2/2.5 $598( $6,439)
2020-09-10 2704 $650,000 $645,000 1% 1,135 ft2 (105m2) 2/2 $568( $6,117)
2019-07-06 4101 $1,250,000 $999,000 20% 1,588 ft2 (148m2) 2/2.5 $629( $6,772)
2021-03-23 3404 $700,000 $700,000 1,135 ft2 (105m2) 2/2 $617( $6,639)
2020-10-02 3801 $950,000 $950,000 1,588 ft2 (148m2) 2/2.5 $598( $6,439)
2020-10-06 1407 $950,000 $950,000 1,673 ft2 (155m2) 2/2.5 $568( $6,112)
2020-06-04 701 $815,000 $799,000 2% 1,588 ft2 (148m2) 2/2.5 $503( $5,416)
2020-07-03 2304 $615,000 $599,000 3% 1,135 ft2 (105m2) 2/2 $528( $5,681)
2020-02-10 2409 $599,000 $599,000 1,128 ft2 (105m2) 2/2 $531( $5,716)
2020-11-10 705 $575,000 $575,000 1,147 ft2 (107m2) 2/2 $501( $5,396)
2020-12-17 3509 $590,000 $590,000 1,128 ft2 (105m2) 2/2 $523( $5,630)
2020-10-23 601 $850,000 $825,000 3% 1,588 ft2 (148m2) 2/2.5 $520( $5,592)
2021-05-03 3409 $750,000 $815,000 8% 1,128 ft2 (105m2) 2/2 $723( $7,777)
2021-03-26 2904 $645,000 $645,000 1,135 ft2 (105m2) 2/2 $568( $6,117)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
3 Bedroom Apartmnets Sold in Paramount Bay
2020-08-02 603 $998,500 $969,500 3% 1,708 ft2 (159m2) 3/3 $568( $6,110)
2021-05-27 502 $1,899,000 $1,899,000 2,201 ft2 (204m2) 3/3.5 $863( $9,287)
2020-01-09 3602 $1,740,000 $1,699,999 2% 2,201 ft2 (204m2) 3/3.5 $772( $8,314)
2021-01-27 3103 $1,450,000 $1,450,000 1,708 ft2 (159m2) 3/3 $849( $9,138)
2021-06-11 1410 $1,350,000 $1,350,000 1,679 ft2 (156m2) 3/3 $804( $8,655)
2020-03-20 3303 $1,250,000 $1,150,000 8% 1,708 ft2 (159m2) 3/3 $673( $7,247)
2020-07-18 3410 $995,000 $995,000 1,679 ft2 (156m2) 3/3 $593( $6,379)
2020-11-25 4103 $1,050,000 $1,050,000 1,708 ft2 (159m2) 3/3 $615( $6,617)
2020-03-03 2502 $1,875,000 $1,799,000 4% 2,201 ft2 (204m2) 3/3.5 $817( $8,798)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
4 Bedroom Apartmnets Sold in Paramount Bay
2020-01-09 PH4302 $4,900,000 $4,900,000 4,055 ft2 (377m2) 4/4.5 $1,208($13,007)
2021-03-26 PH3807 $4,150,000 $4,150,000 3,180 ft2 (295m2) 4/4.5 $1,305($14,047)

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