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Paramount Bay

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2020 N. Bayshore Drive, Miami, FL 33137

Paramount Bay image #1
Sale
14
Rent
9
PRICE
$874,500+
SQ FT
1,128-4,055
UNITS
346
STORIES
47
BUILT
2012

About

Paramount Bay

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, Miami Beach 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.

Upon arrival, journey through an urban oasis of dramatically landscaped tropical gardens. Organized in tiers, the gardens create a gradual public to private transition, where intimate spaces enveloped in exotic foliage open to the iconic porte-cochère at the building’s main entrance.

Paramount Bay redefines Miami living by blending resort-life with urban cool. A destination within a destination – located within the city’s hottest neighborhood. Enjoy Miami like it has never been enjoyed before.

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 
  • 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 

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***
    **Master only ***select units only

Key Building Details

Architect
Arquitectonica
Developer
Istar Residential
Interior Designer
Lenny Kravitz
Landscape Designer
Lenny Kravitz
Neighborhood
Avg Price / Sq Ft
$1,167
Avg Assoc Fee
$1.58 / sq ft / month
CBB Rank
4.3/5help popup
Pets
Pets OK for Owners & Renters, Large Pets Allowed for Owners

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Building Amenities

Pool / Spa
Pool / Spa
Heated Pool, Spa / Hot Tub, Sauna
Sport / Fitness
Sport / Fitness
Billiard, Exercise Room, Pool
Parking
Parking
Garage, Valet
General Amenities
General Amenities
Picnic Area, Business Center, Child Play Area, Club Room, Community Room, Elevator
Waterfront
Waterfront
Bay Front

Additional details

Avg Price / Sq Ft
$1,167
Unit Conveniences
Central Cooling, Central Heat, Dishwasher, Electric Cooling, Electric Heat, Walk In Closets, Washer/Dryer
Maintenance Includes
N/A
Type of Association
Condo
Style
Condo, Condo 5+ Stories, Condo/Co-Op/Annual
Transit Score ®
Bike Score ®

Available Condos at Paramount Bay

There are currently no units listed for sale in the MLS
for price list and members-only developer specials

Paramount Bay floorplans

Paramount Bay floorplans
Apt#
01-06
01
02
03
06
07
10
01
Model
Townhouses 01-06
Residence 01
Residence 02
Residence 03
Residence 06
Residence 07
Residence 10
Line 01
Bed / Baths
3 / 3
2 / 2.5
3 / 3.5
3 / 3
2 / 2 + Den
2 / 2.5 + Den
3 / 3
2 / 2.5
Floors
1
5
5
6
6
6
6
6 - 42
Interior + Ext (Sq Ft)
1,637 + 29
1,751 + 1,171
2,353 + 1,656
1,842 + 1,452
1,782 + 936
1,673 + 1,102
1,818 + 1,040
1,588 + 183

Paramount Bay building stats

Inventory
Condos for Sale and for Rent
346
Total Condos
15 Condos for Sale
4% of building
9 Condos for Rent
3% of building
7%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$2,445,433

AVG LIST PRICE / SQ FT

$1,167

AVG SALE PRICE

$1,378,206*

*past six months

AVG SALE PRICE/ SQ FT

$902*

*past six months

115*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

May 2026
1
April 2026
6
March 2026
0
February 2026
4
January 2026
2
December 2025
3

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