An all-glass, waterfront, 47-story high-rise located in the Edgewater neighborhood of Miami. Completed in 2009 and designed by Miami-based architectural firm Arquitectonica, it was the Edgewater neighborhood's first ultra-luxury condominium development.

Every residence has private elevator access, eight-foot deep terraces, and ten-foot high ceilings. Amenities of Paramount Bay include a Pilates studio, fitness center, multiple pool decks including a sunrise waterfront pool, shuttle service to Eden Roc Renaissance Miami Beach, separate teen and children's areas, billiards, and on-site car wash service.
Building Address:
2020 N Bayshore Dr, Edgewater, Miami, Florida
FULL WEBSITE
PROPERTY TYPE
Luxury condominium

NUMBER OF FLOORS
47

COMPLETION DATE
2009

ARCHITECT
Arquitectonica

UNIT TYPES
1,2 & 3 bedrooms + dens

NUMBER OF UNITS
346

MARKET STATUS
Completed

INTERIOR DESIGNER
Kobi Karp Architecture & Interior Design
RESIDENCE FEATURES
» All residences feature spectacular unobstructed bay views
» High-speed private elevators
» Private elevator lobbies for each residence
» 10-foot high ceilings with floor to ceiling glass
» Flow-through floor plans
» Spacious eight-foot deep terraces
» Top-of-the-line washer and dryer
» European cabinets available in exotic woods
» Sub Zero and Wolf commercial style appliances
AMENITIES
» Three-story grand lobby with 24-hour security and concierge
» Two-level glass walled fitness center overlooking Biscayne Bay
» Sauna and steam rooms
» Spa and private massage rooms
» Private 40 seat Movie Theatre
» Bay front Paramount "Style" Club
» Fully-equipped kitchen
» Full service bar with private lounge
» Sunrise swimming pool level
» Heated infinity edge swimming pool
» Outdoor living rooms featuring outdoor beds, cabanas & chaise lounges
PARAMOUNT
CONDOMINIUM
COLLECTION
PARAMOUNT BAY
Edgewater, Miami, FL
PARAMOUNT
FORT LAUDERDALE
BEACH

Fort Lauderdale, FL
EB-5 PROJECT
PARAMOUNT
MIAMI
WORLDCENTER

Downtown, Miami, FL
The U.S. government created the EB-5 Immigrant Investor Program in 1990 in order to stimulate the U.S. economy through job creation and capital investment by foreign investors.

To qualify for the program, a foreign investor must invest $500,000 USD in a qualifying business or project located in an area of the United States with a high unemployment rate. The applicant's investment must createa minimum of 10 full-time jobs within a two-year period.

After the successful completion of the program, investors and their immediate family members (spouse and children under the age of 21) are given a conditional resident status in the United States, which can be converted into a permanent residency with a path to citizenship.

The U.S. Government allows 10,000 EB-5 immigrant visas annually.