NOT LISTED FOR SALE

Paramount Bay Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $918,683 - $1,147,000

2 Beds
2 Baths
1,128 Sq Ft
2010 Built

Sale Details

Date Sold: February 25, 2022

Last sale price $880,000 $780 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,675 / mo

52 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Fitness Center
  • Ocean Front
  • Bar or Lounge
  • 4-minute walk to Margaret Pace Park

About This Home

As of February 2022

Remarkable upgraded porcelain flooring, sub zero appliances. Ultra high ceilings not seen at other new developments. Wide living room and tremendous master bedroom makes this unit stand out from any other luxurious building. You have a park in front of the building, dog park, playground, jogging area, basketball court, tennis court, outdoor gym, marina and Publix within walking distance. By far best building in luxury market confirmed by all local realtors.
Overlooking directly bay in heart of Edgewater. This is a 5 star building with high quality finishes.

Last Agent to Sell the Property

Agata Munoz

Miami Views Realty License #3239471 Listed on: 01/03/2022

Last Buyer's Agent

Agata Munoz

Miami Views Realty License #3239471 Listed on: 01/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,990

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,098 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Property Views

Home Design

  • Entry on the 23rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,128 Sq Ft Home
  • Built-In Features
  • Blinds
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-2920

Community Details

Overview

  • Club Membership Required
  • High-Rise Community
  • Paramount Bay Condos
  • Paramount Bay Condo Subdivision
  • 44-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Bar or Lounge

Recreation

  • Community Cabanas

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Complete Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,990

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,098 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 20

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1128
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 44
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Paramount Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1098
  • Amenities: Bar, Billiard Room, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-2920
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8990

Multi Family

  • Maintenance Expense: 1098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 24, 2022
Sold by
Ramesh Haridas
Bought by
Brown William A and Bennett Makenzie
Seller's Agent
Agata Munoz
Miami Views Realty
Buyer's Agent
Agata Munoz
Miami Views Realty
List Price
$849,000
Sold Price
$880,000
Premium/Discount to List
$31,000
3.65%
Current Estimated Value
$1,004,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,171
Avg. Annual Appreciation
3.28%
Original Mortgage
$656,000
Outstanding Balance
$608,270
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$395,901

Purchase Details

Listed on
Sep 7, 2013
Closed on
Nov 12, 2013
Sold by
Guido Umberto Joseph
Bought by
Haridas Ramesh
Seller's Agent
Kalex Carlos Velez
MMLS Assoc.-Inactive Member
Buyer's Agent
Kenny Raymond
BHHS EWM Realty
List Price
$719,000
Sold Price
$714,000
Premium/Discount to List
-$5,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%

Purchase Details

Closed on
Jun 7, 2012
Sold by
Hellinger Andrew B
Bought by
Guido Umberto Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,800
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown William A $880,000 Consumers First Title
Haridas Ramesh $714,000 Attorney
Guido Umberto Joseph $618,000 Attorney
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown William A $656,000
Previous Owner Guido Umberto Joseph $370,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $880,000 +3.7% $780 / Sq Ft
01/03/2022 01/03/22 For Sale $849,000 0.0% $753 / Sq Ft
03/18/2021 03/18/21 Rented $4,500 -8.2% --
02/28/2021 02/28/21 Under Contract -- -- --
02/26/2021 02/26/21 Price Changed $4,900 +16.7% $4 / Sq Ft
02/26/2021 02/26/21 For Rent $4,200 +31.3% --
01/07/2017 01/07/17 Rented $3,200 -11.1% --
12/16/2016 12/16/16 Under Contract -- -- --
11/15/2016 11/15/16 Price Changed $3,600 +2.9% $3 / Sq Ft
11/14/2016 11/14/16 Price Changed $3,500 -10.3% $3 / Sq Ft
10/13/2016 10/13/16 For Rent $3,900 +11.4% --
02/12/2014 02/12/14 Rented $3,500 -4.1% --
01/13/2014 01/13/14 Under Contract -- -- --
11/29/2013 11/29/13 For Rent $3,650 0.0% --
11/13/2013 11/13/13 Sold $714,000 -0.7% $633 / Sq Ft View Prior Sale
10/07/2013 10/07/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $719,000 -- $637 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,022 $763,212 -- --
2024 $13,942 $741,703 -- --
2023 $13,942 $720,100 $0 $0
2022 $10,651 $495,089 $0 $0
2021 $9,563 $450,081 $0 $0
2020 $9,586 $450,081 $0 $0
2019 $10,443 $489,219 $0 $0
2018 $10,467 $499,713 $0 $0
2017 $11,143 $526,014 $0 $0
2016 $13,507 $618,840 $0 $0
2015 $13,760 $618,838 $0 $0
2014 $12,759 $562,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Agata Munoz

    Seller's Agent in 2022

    Agata Munoz

    Miami Views Realty

    (305) 900-7317

    4 in this area

    16 Total Sales

    Agata Munoz
    Section Image
  • Ben Westby

    Buyer's Agent in 2021

    Ben Westby

    One Sotheby's International Realty

    (954) 445-5457

    27 Total Sales

    Ben Westby
    Section Image

  • R

    Buyer's Agent in 2017

    Roger Pereira

    MMLS Assoc.-Inactive Member

    Section Image
  • Kenny Raymond

    Seller's Agent in 2014

    Kenny Raymond

    BHHS EWM Realty

    (786) 443-9649

    39 Total Sales

    Kenny Raymond
    Section Image

  • S

    Buyer's Agent in 2014

    Steve Rivera

    Steve Rivera Real Estate

  • K

    Seller's Agent in 2013

    Kalex Carlos Velez

    MMLS Assoc.-Inactive Member

    Section Image
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About Paramount Bay

Source: MIAMI REALTORS® MLS

MLS Number: A11141593

MIAMI REALTORS® MLS

APN: 01-3230-089-2920

Florida Miami/Dade County Miami 33132

Edgewater

Not Listed for Sale

Condos

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