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.
Nearest: photoMIAMI® Photography Exhibition, 0.5 mi away
Close enough that 'we're out of milk' is not a crisis.
Walkable most days, heroic in August.
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 -08 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 | $831/sqft → $880/sqft | 9 |
| -02 | 3 bd · 3.5 ba | 2,201 sqft | BayWaterfront | $986/sqft | $-0 | $987/sqft → $983/sqft | 5 |
| -03 | 3 bd · 3 ba | 1,708 sqft | BayWaterfront | $861/sqft | +$9 | $660/sqft → $1,030/sqft | 5 |
| -04 | 2 bd · 2 ba | 1,135 sqft | BayWaterfront | $802/sqft | +$3 | $792/sqft → $873/sqft | 8 |
| -05 | 2 bd · 2 ba | 1,147 sqft | BayWaterfront | $827/sqft | +$6 | $752/sqft → $902/sqft | 8 |
| -06 | 2 bd · 2.5 ba | 1,666 sqft | BayWaterfront | $915/sqft | +$0 | $915/sqft → $919/sqft | 6 |
| -07 | 2 bd · 2.5 ba | 1,673 sqft | BayWaterfront | $944/sqft | +$5 | $852/sqft → $1,010/sqft | 10 |
| -08Best value | 2 bd · 2 ba | 1,128 sqft | BayWaterfront | $797/sqft | +$3 | $792/sqft → $863/sqft | 11 |
| -10 | 3 bd · 3 ba | 1,679 sqft | BayWaterfront | $1,067/sqft | +$8 | $988/sqft → $1,207/sqft | 10 |
| Penthouses | 4 bd · 4.5 ba | 4,217 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.
3-month rolling median of closed sales in Paramount Bay; bars are closings per month.
Nearby buildings within half a mile.
Public records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
Regulated lenders recorded 21 purchase or refinance loans on this building in the last 12 months, financing 65% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 76/100.
Source: Miami-Dade Clerk official records
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.
What the banks say about Paramount Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater
Public flood data at this building’s location, read Oct 22, 2026.
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.3 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Civil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
DBPR registration PR73828 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
There are 15 condos for sale at Paramount Bay, from $885,000, with a median asking price of $2,190,000 ($1,068/sqft).
HOA / maintenance fees at Paramount Bay run around $2,734 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>