35 for Sale

1 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	705	1/2	1,147 ft2 (107m2)	$522 ($5,621)	$599,000	Jan 29, 20	24
	609	1/2	1,128 ft2 (105m2)	$523 ($5,630)	$590,000	May 13, 20	44

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	Jul 21, 20	20
	4101	2/2.5	1,588 ft2 (148m2)	$690 ($7,422)	$1,095,000 12%	Jul 06, 19	17
	2907	2/2.5	1,673 ft2 (155m2)	$628 ($6,756)	$1,050,000	Jun 22, 20	33
	1407	2/2.5	n/a	$0 ($0)	$999,900	Sep 23, 19	9
	2406	2/2.5	1,666 ft2 (155m2)	$597 ($6,429)	$995,000 5%	May 22, 19	25
	3501	2/2.5	n/a	$0 ($0)	$975,000 2%	Dec 03, 19	55
	707	2/2.5	1,673 ft2 (155m2)	$577 ($6,209)	$965,000 8%	Mar 20, 18	20
	2206	2/2.5	1,666 ft2 (155m2)	$579 ($6,235)	$964,999 3%	May 08, 20	19
	701	2/2.5	n/a	$0 ($0)	$799,000 2%	Jun 04, 20	14
	1107	2/2.5	1,673 ft2 (155m2)	$460 ($4,954)	$770,000	Jul 09, 20	14
	1501	2/2.5	1,588 ft2 (148m2)	$460 ($4,947)	$729,900 9%	May 08, 19	34
	3305	2/2	n/a	$0 ($0)	$690,000	Jan 06, 20	44
	3604	2/2	1,135 ft2 (105m2)	$573 ($6,164)	$650,000 13%	Oct 25, 19	40
	1805	2/2	1,147 ft2 (107m2)	$541 ($5,818)	$620,000 3%	Mar 18, 20	52
	2304	2/2	1,135 ft2 (105m2)	$542 ($5,832)	$615,000	Jul 03, 20	52
	2409	2/2	1,128 ft2 (105m2)	$531 ($5,716)	$599,000	Feb 10, 20	29
	1804	2/2	1,135 ft2 (105m2)	$528 ($5,681)	$599,000 14%	Feb 10, 19	10

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
	1502	3/3.5	2,353 ft2 (219m2)	$637 ($6,862)	$1,500,000	Mar 26, 20	25
	1410	3/3	1,679 ft2 (156m2)	$804 ($8,655)	$1,350,000	May 26, 20	38
	4103	3/3	1,708 ft2 (159m2)	$790 ($8,508)	$1,350,000 7%	May 26, 20	48
	2603	3/3	n/a	$0 ($0)	$1,250,000 19%	Feb 14, 20	26
	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
	603	3/3	1,708 ft2 (159m2)	$585 ($6,293)	$998,500	Aug 02, 20	27
	2510	3/3.5	1,679 ft2 (156m2)	$593 ($6,379)	$995,000	Feb 24, 20	20
	3410	3/3	1,679 ft2 (156m2)	$593 ($6,379)	$995,000	Jul 18, 20	60

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	30
	4104	4/4.5	2,845 ft2 (264m2)	$1,406 ($15,134)	$3,999,999	Jul 22, 20	32

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)	$818 ($8,808)	$2,995,000	Jul 16, 19	26

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

23 for Rent

1 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	3609	1/2	1,128 ft2 (105m2)	$3 ( $37)	$3,900 9%	Jul 20, 2020	22
	1109	1/2	1,128 ft2 (105m2)	$3 ( $36)	$3,780	Jul 30, 2020	20
	2605	1/2	1,214 ft2 (113m2)	$3 ( $33)	$3,750	Jul 17, 2020	15

2 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	2907	2/2.5	1,673 ft2 (155m2)	$3 ( $35)	$5,500 7%	May 11, 2020	27
	2506	2/2.5	1,666 ft2 (155m2)	$3 ( $36)	$5,500	Dec 05, 2019	16
	1707	2/2.5	1,673 ft2 (155m2)	$3 ( $35)	$5,500	May 12, 2020	30
	707	2/2.5	1,673 ft2 (155m2)	$3 ( $34)	$5,300	Apr 13, 2020	20
	607	2/2.5	1,673 ft2 (155m2)	$3 ( $34)	$5,300	Jul 18, 2020	24
	801	2/2.5	1,588 ft2 (148m2)	$3 ( $34)	$5,000 9%	Jan 08, 2020	15
	1407	2/2.5	1,673 ft2 (155m2)	$3 ( $32)	$5,000 7%	Mar 24, 2020	78
	3501	2/2.5	1,588 ft2 (148m2)	$3 ( $33)	$4,795 4%	Jun 30, 2020	35
	701	2/2.5	1,588 ft2 (148m2)	$3 ( $31)	$4,500 13%	Jun 22, 2020	14

3 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	702	3/3.5	2,201 ft2 (204m2)	$4 ( $39)	$8,000	Jul 21, 2020	12
	3503	3/3	1,708 ft2 (159m2)	$3 ( $37)	$5,900 9%	Dec 02, 2019	34
	1603	3/3	1,708 ft2 (159m2)	$3 ( $37)	$5,900	Jun 10, 2020	68
	3203	3/3	1,708 ft2 (159m2)	$3 ( $37)	$5,900	Jul 16, 2020	23
	2803	3/3	1,708 ft2 (159m2)	$3 ( $36)	$5,699 5%	Mar 18, 2020	38
	1210	3/3	1,679 ft2 (156m2)	$3 ( $35)	$5,500	May 26, 2020	29
	1510	3/3	1,679 ft2 (156m2)	$3 ( $35)	$5,500 4%	May 06, 2020	31
	3703	3/3	1,708 ft2 (159m2)	$3 ( $34)	$5,400 2%	Mar 02, 2020	16
	910	3/3	1,679 ft2 (156m2)	$3 ( $34)	$5,300	Jun 17, 2020	21

4 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	4502	4/4.5	4,055 ft2 (377m2)	$5 ( $53)	$20,000	Jun 22, 2020	34

5 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	PH3906	5/5.5	3,996 ft2 (371m2)	$3 ( $34)	$12,475	Aug 04, 2020	33

Statistics

35 of 338 for Sale (10%)

• Avg. List Price

  $1,293,809

• Avg. Price / SQ. FT.

  $888

• Highest Priced

  $4,900,000

• Avg. days on market

  218

23 of 338 for Rent (7%)

• Avg. List Price

  $6,235

• Avg. Price / SQ. FT.

  $3

• Highest Priced

  $20,000

• Avg. days on market

  90

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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
2020-03-04 3505 $699,000 $699,000 1,147 ft2 (107m2) 1/2 $609( $6,560)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
2 Bedroom Apartmnets Sold in Paramount Bay
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)
2020-04-28 1601 $750,000 $750,000 1,588 ft2 (148m2) 2/2.5 $472( $5,084)
2019-07-18 3106 $1,300,000 $1,100,000 15% 1,666 ft2 (155m2) 2/2.5 $660( $7,107)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
3 Bedroom Apartmnets Sold in Paramount Bay
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