Paramount Bay Sales to Launch Early Next Month

September 6, 2011 by Lucas Lechuga

Paramount Bay condos

We received official word late last week that sales for Paramount Bay condos will launch early next month.  Of the many condo developments constructed during the recent condo boom in Miami, Paramount Bay will be the last to launch sales.  It is also one of the few luxury waterfront developments and perhaps the finest of the bunch.  Buyers have eagerly been awaiting for condos at Paramount Bay to begin sales and we expect units to sell quickly.  As a result, it is important for potential buyers to become familiar with the building and floor plans before the launch of sales.  Last week, we were given a private tour of Paramount Bay and can offer the same opportunity to those who contact us with an interest to purchase a condo at Paramount Bay.

Please refer to the Paramount Bay condos website for full information regarding the sales launch and to view pictures of various condos at Paramount Bay.

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10 Comments on "Paramount Bay Sales to Launch Early Next Month"


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Anonymous
Carmine
5 years 18 days ago
Omni area enjoying revival spurred by Genting land-buying spurt near the Arsht Center for the Performing Arts could translate into a new center for downtown Miami. Read more: http://www.miamiherald.com/2011/09/09/2399196/omni-area-enjoying-revival-spurred.html#ixzz1Xd3JJFpO In the three months since the Genting Group announced plans for a resort on the bayside site of The Miami Herald, the once sleepy Omni area has turned into an epicenter for downtown Miami’s redevelopment. The transformation of the area — with the Arsht Center for the Performing Arts as a centerpiece of a vibrant entertainment district — appears to be happening in a larger and faster way than anyone could… Read more »
Anonymous
Gixxer1000
5 years 18 days ago

23 Biscayne has the tower crane up and is going vertical. I think pre-sale prices are around $230. And I believe Paramount has been getting about $480.

Then you have the Sonesta Mikado Condo/Hotel that Hollo is doing, that should get stater next year.

Fifteen group also recently purchased the old ICE condo site.

The Genting deal definitely changes a lot in that area. Just imaging that project combined with the new museum park and that whole area is going to be transformed.

Anonymous
Imo
5 years 18 days ago

Gixxer, A person I know who held the pre construction contract of Paramount was offered a revised perice of $420/sf. They were negotiating for $400/sf. I do not know the final outcome but if they chose to take their 5% and walk away, it would have been a terrible mistake as according to you it will be offered at $480 and as per other RE insiders, this project will be sold out in weeks when it opens to the public.

Anonymous
Gixxer1000
5 years 18 days ago

I guess it depends on the unit. The range for units have been $415 – $600. But I think for the most part at $420 they would have probably come out ahead.

Anonymous
Imo
5 years 17 days ago
It was the best 2 bed line in the building. Negotiations happened about 2 months ago. Both parties were haggling on the $400 vs $420 figure. It is the line that would easily sell out at $480 in matter of weeks if not days. The opening of Life Sciences Center, The announcement of Genting, The opening of Publix and a whole food store at the ground level, Completion of Biscayne Blvd redevelopment, Lenny Kravitz interiors and other considerations made this already desirable Class A Building into a must have. Out of 349 units less than 200 are expected to hit… Read more »
Anonymous
Drew
5 years 17 days ago

Yes, as long as Lenny Kravitz is doing the interior design, it surely is a “must have.”

I heard Jamiroquai designed the elevators.

Anonymous
Imo
5 years 17 days ago

Gixxer, would it be farfetched if we assume Paramount will command a much better price per SF than ICON Brickell or Marquis? Will it become the most expensive building in Downtown?

Anonymous
F-35
5 years 17 days ago

Epic is the most expensive new condo building in downtown Miami, and Paramount is unlikely to beat it.

Anonymous
imo
5 years 17 days ago

Yes, You are right. I did not think about Epic. But it looks like Paramount Bay might beat out ICON and Marquis.

Anonymous
F-35
5 years 17 days ago

Paramount needs its own marina to be truly A-class building. However, given the scope of future development around it, it is not unreasonably priced. In 10 short years, Edgewater will be one of the finest neighborhoods of Miami, and Paramount is clearly one of its signature towers. In any case, it would be helpful if someone posted real pics of its interior design (lobby, hallways and amenities).

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