Paramount Miami WorldCenter, a New Level of Living in Downtown Miami

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When completed in 2018/2019, PARAMOUNT Miami Worldcenter residents will enjoy an unparalleled location just an elevator ride away from the exciting array of retail, restaurants, office space, lush parks, galleries and nightlife planned for the cosmopolitan development. Residents will also enjoy the tower’s sprawling amenity deck, which will be home to a chic resort-style pool complete with floating pods and private bungalows, and premier two-acre sports and entertainment complex featuring an extraordinary array of action-packed amenities that include the country’s first outdoor soccer fields to be featured in a high-rise residential development, Vita course, and two tennis courts, among others.

Miami Worldcenter is at the epicenter of downtown Miami surrounded by over $3 billion of new public and private projects including mass transit, museums, parks, sports and entertainment venues on 27 acres.

Encompassing almost 10-square-blocks, Miami Worldcenter will be the second largest development in the U.S. next to Hudson Yards, a similar mixed-use property currently being built in New York City. Miami Worldcenter will include retail, hospitality, Class A office, and residential space.

Miami Worldcenter will feature high street retail, an open air model with individual stores on a pedestrian-friendly street grid.
Miami Worldcenter will feature high street retail, an open-air model with individual stores on a pedestrian-friendly street grid.

Paramount Miami Worldcenter is luxury condominium building featuring 523 luxury residences and 30 guest suites on a 60-story tower with unprecedented amenities and services. Residents will have all the convenience of luxury retail and restaurants just steps away.

Part of the development includes a retail component that will span five blocks of a pedestrian-only promenade, encompassing 300,000 sq. ft. to 400,000 sq. ft. of retail space.  The area will be bordered by Northeast Seventh Street to the south, Northeast
10th Street to the north, Northeast Second Avenue to the east and North Miami Avenue to the west.

MWC 7th Street Promenade small

The centerpiece will be a central plaza, “a gathering place” that can be used for farmers’ markets, outdoor movies, book fairs, and concerts, said Miami Worldcenter Managing Principal Nitin Motwani.  “The focal point of Miami Worldcenter, at the end of the day, is really a city within a city,” he told The Real Deal in an interview in 2016.

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Located in the core of downtown Miami, the ten-block, mixed-use development is situated immediately north of the Central Business District and is surrounded by world-class amenities and boasts convenient access to transportation.

Paramount Miami Amenities:

Ground floor amenities include an expansive double-height lobby, porte-cochere with 24-hour valet service, doorman, 24-hour security, multi-lingual concierge and beach shuttle service.

Seventh Floor Amenities:

Relaxation Areas

  • Conservatory
  • Relaxation lounge
  • Outdoor lounge

PARAMWC Upper Deck Overview

Spa/Salon

  • Outdoor bath gardens
  • Steam Showers
  • Treatment rooms
  • Hair/nail bar

Indoor Sports Center

  • State-of-the-art fitness center
  • Boxing Studio
  • Aerobics Area

Play Center:

  • Game Room
  • Golf Simulator
  • Kids Play Room
  • Recreation Lounge
  • Demo Kitchen
  • Jam Room with Recording Studio

Essentials:

  • Food market

The Roof Deck provides resort-style amenities:

  • Resort Pool
  • Poolside Bungalows
  • Poolside Daybeds
  • Floating Seating Pods
  • Sunken Pods
  • Summer Kitchens with BBQ
  • Children’s Playground
  • Soccer Field
  • Tennis Courts
  • Dog Park
  • Jogging Path

PARAMWC Outdoor Lounge

The Yacht Skyview Deck, located at the very top of the PARAMOUNT tower on the 55th floor, offers a 4-level area with:

  • Skyview lounge
  • Sunrise and infinity pool
  • Sundeck
  • Observatory
  • Tai Chi deck

PARAMWC Skydeck Bar 56

Residential features at Paramount Miami include the following:

  • Fully finished residences
  • Private elevator access with private foyers
  • 10-foot ceilings in all living spaces
  • Outdoor living rooms
  • Large entertainment space
  • Designer European Kitchens with Bosch oven, stove, fan and dishwasher and SubZero refrigerator
  • Bathrooms feature Kohler sink, Grohe shower head and faucets and Duravit toilet and bathtub
  • Rain Showers and spa tubs in the bathrooms
  • Full-size Laundry Room
  • Lock-out suite (in 3 bedroom residences)
  • Convertible Den

Residential Mix

Residences begin on the 10th floor and each floor will have 12 condos.

  • 1 Bed + den / 1.5 Bath
    Floor Plan M – Total: 1,186 sq. ft. / 110 m2
    Interior: 1,095 sq. ft. / 102 m2
    Outdoor: 91 sq. ft. / 9 m2
  • 1 Bed + den / 2 Bath
    Floor Plan N – Total: 1,346 sq. ft. / 125 m2
    Interior: 1,145 sq. ft. / 106 m2
    Outdoor: 210 sq. ft. / 19 m2
  • 1 Bed + den / 2 Bath
    Floor Plans A1/A2 – Total: 1,491 sq. ft. / 138 m2
    Interior: 1,294 sq. ft. / 120 m2
    Outdoor: 197 sq. ft. / 18 m2
  • 1 Bed + den / 2 Bath
    Floor Plan – B1 Total: 1,521 sq. ft. / 141 m2
    Interior: 1,318 sq. ft. / 122 m2
    Outdoor: 205 sq. ft. / 19 m2
  • 1 Bed + den / 2 Bath
    Floor Plan B2 – Total: 1,573 sq. ft. / 146 m2
    Interior: 1,386 sq. ft. / 129 m2
    Outdoor: 187 sq. ft. / 17 m2
  • 2 Bed + den / 3 Bath
    Floor Plan C1 – Total: 1,835 sq. ft. / 170 m2
    Interior: 1,630 sq. ft. / 151 m2
    Outdoor: 205 sq. ft. / 19 m2
  • 2 Bed + den / 3 Bath
    Floor Plan C2 Total: 1,877 sq. ft. / 174 m2
    Interior: 1,690 sq. ft. / 157 m2
    Outdoor: 187 sq. ft. / 17 m2
  • 2 Bed + den / 3 Bath
    Floor Plan D1/D2 – Total: 1,952 sq. ft. / 181 m2
    Interior: 1,753 sq. ft. / 163 m2
    Outdoor: 199 sq. ft. / 18 m2
  • 3 Bed + den / 4 Bath
    Floor Plan E2 – Total: 2,611 sq. ft. / 243 m2
    Interior: 2,320 sq. ft. / 216 m2
    Outdoor: 291 sq. ft. / 27 m2
  • 3 Bed + den / 4 Bath
    Floor Plans F1/F2 – Total: 2,578 sq. ft. / 240 m2
    Interior: 2,376 sq. ft. / 221 m2
    Outdoor: 202 sq. ft. / 19 m2

Residential Pricing (subject to change without prior notice)

  • 1 Bed + den / 2 Bath | starting from the mid-$700,000’s
  • 2 Bed + den / 3 Bath | starting from the $900,000’s
  • 3 Bed + den / 4 Bath | starting from $1,400,000+

An additional 30 units will be sold as guest suites.  these are located on the second-fifth floor and come in studio, one and two-bedroom floor plans ranging from 533 sq. ft. up to 1,125 sq. ft.  Pricing ranges from $362,000 up to $675,000.   These guest suites can be rented for 30 days, a maximum of 12 times per year.  Traditional residences may be rented up to four times per year as per condo documents.

Maintenance fee is expected to be $.76 per square foot.

Construction began in early 2016 and is expected to be completed in late 2018/early 2019.

PARAMWC North Balcony

Deposit Schedule:

  • 30% at Contract (now)
  • 10% at Pouring of concrete of 6th floor (Q2 2017)
  • 10% at Pouring of concrete of top floor (Q4 2017)
  • 50% at Closing (late 2018/early 2019)

Paramount Miami Worldcenter is approved for the EB5 visa, making this an appealing project for foreign investors.  More information available upon request.

Click here for an e-brochure on the development complete with floor plans and contact me for specific pricing information or to schedule a presentation of this exceptional development.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

 

 

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