A First Look Inside the Recently Completed Paraiso Bay
One cannot help but be awestruck by the rapid transformation taking place throughout Miami's Edgewater neighborhood. Compared to just five years ago, it has grown tremendously in terms of development and density. With the pending completion of Related Group's Paraiso District, Edgewater is about to get a whole lot bigger.
Paraiso District is Related Group's largest residential development outside of New York City. The private, gated complex is situated on a close to five acre site with 500 feet of water frontage. It also includes a beach club (appropriately named Paraiso Beach Club), which is exclusive to Paraiso residents, as well as a waterfront restaurant by James Beard Award-winning Chef Michael Schwartz called Amara at Paraiso. In terms of density, however, Paraiso District, with less than 1,400 total units, will be smaller than Related's second largest residential development - Icon Brickell.
Earlier this month, closings began for units at Paraiso Bay - the first of four towers comprising Edgewater's Paraiso District. The other three towers - Paraiso Bayviews, GranParaiso, and One Paraiso - will all be completed and delivered by year-end.
A few weeks ago, I met up once again with Related's President of Condominium Division Carlos Rosso - this time for a grand tour of the Paraiso District grounds and recently completed Paraiso Bay. Paraiso Bay is a 55-story tower designed by Arquitectonica. It has 346 total units, each offering direct, unobstructed views of Biscayne Bay. Paraiso Bay has a laundry list of amenities which include: clubroom with billiards, catering kitchen, and multimedia facilities; state-of-the-art fitness center; full-service spa with men's and women's steam and sauna facilities; private screening room with state-of-the-art audio/visual equipment and theater-style seating; wine cellar and tasting salon; children's playroom; teen's game room; resort deck with circular, zero-entry heated pool, outdoor spa, poolside cabanas, and summer kitchen area; tennis center with 2 lighted tennis courts and multipurpose court; beach club; 24-hour concierge; and 24-hour valet parking. Additionally, residents of Paraiso Bay and GranParaiso will share a 2-lane bowling alley and full-service bar below their shared resort deck. At the time of my tour, I was told that just 25 percent of the amenities had been delivered. Keep that in mind when viewing the photos below...75 percent of the amenities are still in the works!
Any info on when One Paraiso will receive their TCO, or in what month closings are set to begin?
TCO anticipated for June; Closings in July
Hi Richard ! Are you French ? I have also bought an apartment in One Paraiso. I live in Miami.
Hi Christian, how do you know about the TCO and closings?