Paramount Bay Condos – Market Report for November 2013

Paramount Bay Condos Real Estate Market Report

There are currently 26 Paramount Bay Condos for sale:  (6 more than last month)

• Highest priced listing is unit 4702 for $4,600,000 (4 bedrooms / 4 bathrooms)
• Lowest priced listing is unit 2108 for $690,000 (2 bedrooms / 2.5 bathrooms)
• Pending Sales (properties under contract): 7
• Closed sales in November: 1

The Paramount Bay condo sold in November was unit 1505 which was originally listed in May for $750,000, had several price reductions, and finally sold for $665,000 at $580 per square foot which is higher than the average price per square foot we reported in our last Paramount Bay Condo report of $571.

Featured Paramount Bay Condo For Sale

Corner residence 1601 – tenant occupied corner unit with 1,751 square feet of living space – 2 bedrooms / 2.5 bathrooms.  Direct Bay Views and perfect if you like extra light – corner windows and panoramic views that never get old.  This one is priced under the average price per square foot at $568.

Priced at $995,000

For more information about this Miami condo building, take a look at  Paramount Bay Condos written after my visit in September of 2012.  You can also visit www.Paramount-Bay-Condos.com to go straight to source of information.

For further information, please email us at ParamountBay@miamism.com

Condo Name:  Paramount Bay
Architecture:  Arquitectonica
Interior Design:  Lenny Kravitz
Location:  2020 N Bayshore Dr – Miami, FL 33137
Contact:  paramountbay@miamism.com