One Paraiso in Miami, Florida
Waterfront Condos in Miami’s Edgewater Neighborhood
May 15, 2014
Hello. Joel Greene here from Condo Hotel Center.
In real estate, you often hear the phrase “You snooze, you lose.” The most desirable properties are sometimes scooped up before you’ve even had a chance to consider their merits.
Such was the case with Paraiso Bay Tower #1, which was my featured property here a few months ago. Amazingly, only five condos remain of the original 350 until the building is sold out. If you didn’t get a unit, then you missed an opportunity, which brings me to another phrase that you probably don’t hear often enough: “You get a second bite at the apple.” And in this case, the apple might be even sweeter.
The developer of Paraiso Bay Tower, The Related Group, has just released the second of three Paraiso towers in its master-planned community. Let me tell you about this amazing project and why, in this case, waiting may have been the best strategy.
One Paraiso on Biscayne Bay
Located in the Edgewater area of Miami, just north of downtown, One Paraiso will offer exquisitely designed private residences, as well as a full array of exclusive amenities and services. Where it might be considered superior to the previous Paraiso tower is in its location.
This luxury, 53-story tower will be located directly on Biscayne Bay, closer than the other two Paraiso Bay towers, and therefore offers better, unobstructed views of the water.
It is the second condo development in a master-planned neighborhood with over 500 linear feet of waterfront, a pet-friendly park and great outdoor spaces.
Abundant Amenities Including a Marina
One Paraiso will have resort-style amenities including:
- Expansive pool deck with beach-entry pool and cabanas
- Biscayne Bay-front beach club with pool
- Lounge area for private events, opening to the public park
- Marina with private slips. Also rent speed boats and personal watercrafts
- Bay-front restaurant operated by renowned chef Michael Schwartz
- Fitness center with gym, spa, plunge pools, Jacuzzis, massage rooms
- Tennis center with lighted courts
- Multi-purpose children’s playroom
- Party room/business center
- Permanent installation of curated art collection
- High-speed internet access in all public areas
The services at One Paraiso will include:
- Highly attentive concierge staff and services
- 24-hour complimentary valet
- 24-hour attended security services and controlled access
Miami’s Hottest New Neighborhood
One Paraiso will be located in Edgewater, one of Miami’s most desirable new areas. Edgewater’s big draw, of course, is its bay frontage.
Brickell and downtown Miami, where the resurgence of condo construction began after the real estate crash, are nearly built out. But Edgewater still has land for projects like One Paraiso that can provide spectacular views of Biscayne Bay, and at a lower price.
Edgewater’s layout works well for high-rise condos. Running parallel to the bay is the major thoroughfare of Biscayne Boulevard with shops and restaurants. It’s an attractive area or, as developers like to say, it has good bones.
Next to Edgewater is Midtown, another newly developed Miami neighborhood that has plenty of restaurants, clubs and retailers. Also nearby are the hip Wynwood Arts District and the evolving Design District. They are home to over 130 art galleries, showrooms, antiques dealers, eateries and bars. The area also has attracted many upscale retailers including Louis Vuitton, Sephora, Marc Jacobs, Givenchy and Fendi.
A Top Development Team
One Paraiso is being developed by The Related Group, the nation’s leading developer of multi-family residences with more than 80,000 apartments and condos to its name.
Arquitectonica, the preeminent designer of most of South Florida’s distinctive high-rises, is designing the building with exquisite landscaping by renowned Swiss landscape architect, Enzo Enea.
Sophisticated interior design is by Italian-based Piero Lissoni, whose celebrated projects are found in premium hotels, residences and yachts around the world.
The individual condos at One Paraiso will have private elevator access and entry foyers. They’ll feature an open-concept, contemporary design that flows from the kitchen to the living/dining room. Kitchens will have a convenient island/breakfast bar, European custom cabinetry and top-of-the-line appliances from Wolf and Sub-Zero.
Wide, private terraces accessible from the living room and master bedroom will blend the line between outdoor and indoor space and take advantage of the waterfront views.
One Paraiso will be a “smart building,” pre-wired for wi-fi high-speed internet data/voice and cable TV.
First Tier Pricing
Groundbreaking for One Paraiso is expected by November 2014. Construction completion is tentatively set for early 2017.
One Paraiso will have a total of 280 condos. Floors 4-49 will have only six units per floor. Floors 50-53 will have three penthouse units per floor.
Choose from one-, two- and three-bedroom units ranging in size from 1,124 square feet to 1,873 square feet. Pre-construction prices range from $585,900 to $1,500,900.
Want to know more? Just request my detailed data sheet on One Paraiso below by providing your name and contact information as required by the developer.
Join the Surge
This past month, I’ve had a flurry of clients coming from out of town and even out of the country to see properties in downtown Miami and surrounding neighborhoods like Edgewater. The whole area, which certainly went through some rough times, has shed any semblance of stagnation and is now surging ahead with many exciting new developments.
My buyers love the new construction. They’re dazzled by all the luxury amenities these properties offer. And they like the idea of decorating their newly built condo as though it is a blank canvas.
If you’ve ever considered having a second home in South Florida or even moving here permanently, this could be your best window of opportunity. Give me a call, and I’ll be glad to show you all that’s new and beautiful.
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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Although Condo Hotel Center believes the information contained in this Property Alert to be accurate and complete, Condo Hotel Center can make no such guarantee. All features and descriptions are subject to change.
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