Tag Archives: Paramount Bay

Condominium market in Florida

Condominium market in Florida

According to the MLS, the home sales year-over-year has fell in May for the Miami-Dade and Broward counties. This is probably due to the increase of median price in properties in these areas. Palm Beach, however, did make an exception with a slight plunge of price which means that their home sales actually increased. Surprisingly, the market which saw an increase of closed sales in April dipped this month.

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Posted by on June 22, 2018 in News


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Downtown Miami is getting ready for luxury with the Paramount Bay

Yesterday I visited the Paramount Bay condo located on Biscayne and 20th street. Honestly when it was first launched back in 2005 I thought the project had no chance of survival because the neighborhood was not ready for such a high end project. Well, 6 years have passed and Downtown is now 100% ready for such a beautiful condo. The project got an $18 million dollars redesign by Lenny Kravitz Design firm and the developer reduced the price by 35% to 40% to an average of $400/sqft. Read the rest of this entry »

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Posted by on September 29, 2011 in News


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