9 for Sale

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 19, 21	19
	3501	2/2.5	1,588 ft2 (148m2)	$661 ($7,117)	$1,050,000	Apr 12, 21	37
	707	2/2.5	1,673 ft2 (155m2)	$577 ($6,209)	$965,000 8%	Mar 20, 18	20
	701	2/2.5	n/a	$0 ($0)	$799,000 2%	Jun 04, 20	14

3 Bedroom Units for Sale in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	1603	3/3	1,708 ft2 (159m2)	$703 ($7,562)	$1,200,000	Feb 24, 21	55
	1103	3/3	1,708 ft2 (159m2)	$644 ($6,932)	$1,100,000	Jan 06, 21	16

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
	PH3807	4/4.5	3,180 ft2 (295m2)	$1,305 ($14,047)	$4,150,000	Mar 26, 21	75
	PH 4104	4/4.5	2,845 ft2 (264m2)	$1,406 ($15,134)	$3,999,999	Jul 22, 20	32

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

2 for Rent

2 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	2706	2/2.5	1,673 ft2 (155m2)	$4 ( $44)	$6,900 6%	Jan 09, 2021	56

3 Bedroom Units for Rent in Paramount Bay

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	4103	3/3	1,708 ft2 (159m2)	$6 ( $60)	$9,500	Mar 31, 2021	22

Statistics

9 of 338 for Sale (3%)

• Avg. List Price

  $2,140,444

• Avg. Price / SQ. FT.

  $1,045

• Highest Priced

  $4,900,000

• Avg. days on market

  264

2 of 338 for Rent (1%)

• Avg. List Price

  $8,200

• Avg. Price / SQ. FT.

  $5

• Highest Priced

  $9,500

• Avg. days on market

  57

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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
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)
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)
2020-05-15 3301 $999,000 $950,000 5% 1,588 ft2 (148m2) 2/2.5 $598( $6,439)
2020-02-21 3307 $995,000 $975,000 2% 1,673 ft2 (155m2) 2/2.5 $583( $6,273)
2019-10-25 3604 $749,000 $650,000 13% 1,135 ft2 (105m2) 2/2 $573( $6,164)
2019-12-13 3407 $950,000 $875,000 8% 0 ft2 (n/am2) 2/2.5 $0( $0)
2019-07-06 4101 $1,250,000 $999,000 20% 1,588 ft2 (148m2) 2/2.5 $629( $6,772)
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)
2020-07-03 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)
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)
2019-07-17 1910 $1,099,000 $930,000 15% 1,679 ft2 (156m2) 3/3 $554( $5,962)
2019-07-16 1210 $1,050,000 $1,050,000 1,679 ft2 (156m2) 3/3 $625( $6,731)
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)

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