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First time ever on the market! This exceptional high-floor residence at Paramount Bay, Unit 3102, offers a rare opportunity to own a never-before-listed home in one of Edgewater’s most desirable waterfront buildings. This 3 bdr + Den converted to bdr, 3. 5 bathrooms Perched on the 31st floor, this expansive unit features breathtaking, unobstructed bay and city skyline views through floor-to-ceiling impact glass and an oversized private terrace ideal for sunrise mornings and evening entertaining.
The thoughtfully designed split floor plan provides generous living and dining areas filled with natural light, an open chef’s kitchen with premium appliances, custom cabinetry, and stone countertops. The spacious primary suite includes a spa-inspired bath and ample closet space. Secondary bedrooms are well-proportioned with en-suite baths, offering comfort and privacy for guests or family.
Paramount Bay is a full-service luxury building with resort-style amenities including 24-hour concierge, valet, state-of-the-art fitness center, spa treatment rooms, sunrise and sunset pools, and beautifully landscaped grounds. Located in the heart of Edgewater, just minutes from the Design District, Wynwood, Downtown Miami, and Miami Beach.
A truly unique opportunity to secure a high-floor residence that has never been offered for sale. Ideal as a primary residence or investment. Easy to show. Note: Some interior photos are virtually staged. No structural changes have been made to the unit
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.223% |
| Monthly Tax Payment | $2,953 | $2,953 | $2,953 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,312 | $10,590 | $14,514 |
| Total Monthly Payment | $13,390 | $13,668 | $17,592 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.