Located in the heart of Edgewater, Paramount Bay is a premier waterfront tower known for its high-fashion design and resort-style amenities. The building offers expansive views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline. Residents have access to a variety of common areas, including a state-of-the-art fitness center, spa, sauna, and multiple pools designed to capture both sunrise and sunset views.
The building provides a full-service experience with 24-hour concierge and valet services. Additional amenities include a billiards room, a theater, a club room, and dedicated spaces for children and teens. The property is situated near Margaret Pace Park and offers convenient access to the Design District, Wynwood, and Miami Beach.
What surrounds Paramount Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowYou will need a designated driver and a plan.
Distances are straight-line, not walking or driving.
Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for Paramount Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Paramount Bay’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -04 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 2 bd · 2.5 ba | 1,588 sqft | BayWaterfront | $866/sqft | +$2 | $802/sqft → $877/sqft | 6 |
| -02 | 3 bd · 3.5 ba | 2,201 sqft | BayWaterfront | $977/sqft | +$3 | $965/sqft → $1,018/sqft | 4 |
| -03 | 3 bd · 3 ba | 1,708 sqft | BayWaterfront | $861/sqft | +$9 | $660/sqft → $1,030/sqft | 5 |
| -04Best value | 2 bd · 2 ba | 1,135 sqft | BayWaterfront | $780/sqft | +$3 | $768/sqft → $848/sqft | 4 |
| -05 | 2 bd · 2 ba | 1,147 sqft | BayWaterfront | $828/sqft | +$6 | $738/sqft → $903/sqft | 7 |
| -06 | 2 bd · 2.5 ba | 1,666 sqft | BayWaterfront | $920/sqft | $-2 | $942/sqft → $910/sqft | 3 |
| -07 | 2 bd · 2.5 ba | 1,673 sqft | BayWaterfront | $915/sqft | +$6 | $817/sqft → $986/sqft | 8 |
| -08 | 2 bd · 2 ba | 1,128 sqft | BayWaterfront | $793/sqft | +$0 | $793/sqft → $802/sqft | 7 |
| -10 | 3 bd · 3 ba | 1,679 sqft | BayWaterfront | $1,067/sqft | +$9 | $997/sqft → $1,233/sqft | 8 |
| Penthouses | 4 bd · 4.5 ba | 3,996 sqft | BayWaterfront | $1,318/sqft | — | — | 1 |
Modeled from Paramount Bay’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
Pick a line and a floor — we estimate the value from Paramount Bay’s own sales history.
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Get new listings here before the portals, and a straight answer from someone who knows the building.
New
New
3-month rolling median of closed sales in Paramount Bay; bars are closings per month.
Nearby buildings within half a mile.
Estimated from Paramount Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
There are 14 condos for sale at Paramount Bay, from $885,000, with a median asking price of $2,275,000 ($1,073/sqft).
Paramount Bay currently has about 6.7 months of supply — a balanced pace.
HOA / maintenance fees at Paramount Bay run around $2,675 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Yes — Paramount Bay is a waterfront building (Edgewater).
Paramount Bay was built in 2011, 47 stories, 338 residences.
Paramount Bay was developed by Royal Palm Companies and designed by Arquitectonica.
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →
<iframe src="https://own.miami/embed/building/paramount-bay" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>