Sky-High Penthouse At PARAMOUNT Miami Worldcenter Rents For Record $36K /Mo., Going From Contract To Lease In 24 Hours
Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties.
Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties. The lease is the most expensive lease ever signed in PARAMOUNT Miami Worldcenter and among one of the most expensive leases in Downtown Miami. The same week Porter also oversaw the lease of PARAMOUNT Miami Worldcenter Unit 3508, a 1,489 SF 2 bedroom residence, for $7,750. ALTARA Properties has now overseen over $2+ million of leases in summer 2022.
The show stopping PH4611 features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. Penthouse 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room. Downstairs features direct elevator entry into a private foyer, movie theater, double height ceilings in the living room, gourmet kitchen and staff quarters with private entrance. Upstairs the master-bedroom offers direct bay views with a dropdown TV and a luxurious master-bath with built-in deep soaking tub and marble shower.The residence has never been lived in and is fully furnished with brand new top of the line furniture from select local retailers and all TV's are curved and frame televisions.
Residents will not only enjoy a never before lived in unit but also the lavish amenities at PARAMOUNT Miami WorldCenter. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter is the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.
ALTARA Properties is a full service real estate company led by Managing Broker Demetri Demascus, who is also co-founder of PROFILEmiami. ALTARA Properties offers both residential and commercial brokerage and marketing services across South Florida with in-house PR, branding and marketing offered to all agents. ALTARA Properties has over $40+ million in closed transactions since launching in early 2022.
Images via ALTARA Properties, Scott Lawrence Porter & Juliano Photo
Step Inside A Sky-High Ultra-Luxe Penthouse At PARAMOUNT Miami Worldcenter For Rent Asking $40K Per Month
A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami WorldCenter has hit the market asking $40,000 per month. The show stopping unit features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. PH 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room.
A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami WorldCenter has hit the market asking $40,000 per month. The show stopping unit features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. Penthouse 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room. Downstairs features direct elevator entry into a private foyer, movie theater, double height ceilings in the living room, gourmet kitchen and staff quarters with private entrance. Upstairs the master-bedroom offers direct bay views with a dropdown TV and a luxurious master-bath with built-in deep soaking tub and marble shower.The residence has never been lived in and is fully furnished with brand new top of the line furniture from select local retailers and all TV's are curved and frame televisions.
Residents will not only enjoy a never before lived in unit but also the lavish amenities at PARAMOUNT Miami WorldCenter. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter is the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.
PARAMOUNT Miami Worldcenter PH4611, 851 NE 1st Ave., Miami, FL is currently listed for lease for $40,000 per month by Scott Lawrence Porter of ALTARA Properties.
Images via ALTARA Properties, Scott Lawrence Porter & Juliano Photo
Check Out The Spectacular Views From The Luxurious Artefacto-Designed Penthouses At PARAMOUNT Miami Worldcenter
Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country.
Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.
PROFILEmiami offers an exclusive look into the Artefacto-designed penthouses perched high-atop the luxury condo tower. Unit 5312 offers 4 bedrooms and 5 bathrooms spread over 3,312 SF. The residence is asking $3,999,000. The unit comes fully furnished by Artefacto without the artwork. The residence is listed with Peggy Olin of One World Properties.
Penthouse 5202 is also a 4 bedroom 5 bathroom residence spread over 3,292 SF asking $4,190,000. The unit also comes fully furnished by Artefacto without the artwork. The residence features vast balcony space in excess of 400 SF offering spectacular views of Downtown Miami. The residence is listed with Peggy Olin of One World Properties.
PARAMOUNT Miami Worldcenter located inside the massive Miami Worldcenter project in the heart of downtown Miami. The nearly sold-out project has more then 57 nationalities represented among its buyer pool. PARAMOUNT Miami Worldcenter is the only residential tower currently for sale within the massive 27-acre mixed-use Miami Worldcenter site. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter was developed by Royal Palm Companies, led by Dan Kodsi. The tower was designed by Elkus Manfredi Architects with interiors by ID & Design International. PARAMOUNT Miami Worldcenter is located at 851 NE 1st Ave.
This article was produced in partnership with Royal Palm Companies.
The Mixed-Use Block H Is Now Rising At Miami Worldcenter Bringing Retail & Restaurants To Downtown Miami
Construction is moving swiftly on Miami Worldcenter’s Block H, which now can be seen rising out of the ground adjacent to the also rising 43-story Luma residential tower and now under construction CitizenM Hotel. Block H will serve as one of the center pieces of the mega-project reinvigorating Downtown Miami.
Construction is moving swiftly on Miami Worldcenter’s Block H, which now can be seen rising out of the ground adjacent to the also rising 43-story Luma residential tower and now under construction CitizenM Hotel. Block H will serve as one of the center pieces of the mega-project reinvigorating Downtown Miami including being the main point of drop off with Miami Worldcenter’s main public plaza located adjacent to the immediate north and being one of the developments 2 main parking garages. Block H will feature 48,000 SF of retail and restaurants split between floors 1, 2 and 12 with 922 parking spaces filling the rest of the development.
Miami Worldcenter is a $2 billion mixed-use mega-project coming to Downtown Miami led by Art Falcone, Nitin Motwani. The total retail component will features 360,000 SF of high-street retail which Miami Worldcenter Associates, Taubman Centers and The Forbes Company are currently leasing. Miami Worldcenter is being developed by Miami Worldcenter Associates, Taubman Centers, The Forbes Company, and MDM Group with the master plan designed by Elkus Manfredi Architects. The project includes the PARAMOUNT Miami Worldcenter condo tower being developed by Paramount Ventures led by Dan Kodsi, in addition to a 1,700-key Marriott Marquis Miami Worldcenter Hotel & Expo as well as a 45-story office tower being developed by Hines.
PARAMOUNT Miami Worldcenter Rolls Out Rooftop Skyport in Anticipation of Urban Aviation
PARAMOUNT Miami Worldcenter will house some of the finest, most advanced and most numerous amenities of any residential tower in the United States. Developer Dan Kodsi recent took the offering to the next level as thew world prepares for urban aviation. Kodsi is building a Skyport, located on the roof of the 60-story condo tower in anticipation of flying cars.
PARAMOUNT Miami Worldcenter will house some of the finest, most advanced and most numerous amenities of any residential tower in the United States. Developer Dan Kodsi recent took the offering to the next level as thew world prepares for urban aviation. Kodsi is building a Skyport, located on the roof of the 60-story condo tower in anticipation of flying cars. The Skyport cant help but drum up memories of the Jetsons, the family of the future.
Kodsi made modifications to the rooftop design of the tower in order to accommodate a 5,000 SF Skyport. He is preparing his state-of-the-art future-forward residential tower, which will top off construction this August, with the ability to convert its rooftop into a Skyport for vertical takeoff and landing (VTOL) aircraft, also known as passenger drones, or what some may call “flying cars.”
“Imagine traveling from Miami to Palm Beach—a drive that takes the better part of two hours—in about 30 minutes. That stop-and-go traffic to the suburbs could become a burden of the past for PARAMOUNT residents,” said Kodsi.
Kodsi is not only a veteran developer, with a masters in urban planning and a 30-year career delivering more than 6,000 units, but he also has a background as a recreational pilot.
"The future of transportation is here within the next 10 to 15 years and urban aviation is closer to reality than you might expect. The flying vehicles will use airspace to alleviate transportation congestion and traffic on the ground for quicker daily commutes, and cleaner air around the world. These vehicles are more like a helicopter, but much quieter, run electronically and are environmentally friendly,” said developer Dan Kodsi. “PARAMOUNT Miami Worldcenter prides itself on its amenities and high-tech features. While the industry still has many regulatory hurdles to clear, we are excited to be at the forefront of urban aviation with what can one day be the first residential Skyport in Miami.”
Ever since UBER Elevate announced it would begin testing its urban air taxis in Dallas-Fort Worth, Los Angeles and Dubai in 2020, a galactic style race erupted from tech, aircraft manufacturers and automakers both domestic and international to develop flying cars. Including the German developers of Volocopter and Lillium, Airbus’s Vahana, the Chinese developers of Ehang 184 and Terrafugia, Google’s Kitty Hawk Flyer and Workhorse Surefly.
Check out the video below;
Construction Update: PARAMOUNT Miami Worldcenter Reaches Milestone Halfway Point At 30-Stories
PARAMOUNT Miami Worldcenter has reached a construction milestone halfway mark after completing the 30th floor of the glass tower’s rise. When completed, the tower will rise 60-stories and on course for its top off in summer 2018 with completion anticipated for Q1 2019.
PARAMOUNT Miami Worldcenter has reached a construction milestone halfway mark after completing the 30th floor of the glass tower’s rise. When completed, the tower will rise 60-stories and on course for its top off in summer 2018 with completion anticipated for Q1 2019. Earlier this year, PARAMOUNT reached another new high, closing a $285 million construction loan, among the largest on record for a new condominium tower in the City of Miami. PARAMOUNT Miami Worldcenter is reportedly more than 70% sold out of its 513 condo units with $360 million in sales. Units range in size from 1,180 to 2,350 square feet, with prices starting at $750 per square foot.
PARAMOUNT Miami Worldcenter is known as the most amenitized building in the country and has made international headlines with its Upper Deck, which will debut as the largest amenity deck in the U.S., spanning 90' above downtown Miami featuring an extraordinary array of 40 action-packed resort style amenities which include a resort style pool complete with floating pods, the country’s first outdoor soccer field to be featured in a high-rise residential development; two tennis courts, boxing studio, jam room, basketball court, golf simulator, state-of-the-art fitness center, guest suites, Sky Observatory, Tai Chi deck, and a rooftop entertainment deck 60-stories above the Miami skyline, amongst others. PARAMOUNT Miami Worldcenter is also the only residential tower currently for sale within the massive 27-acre mixed-use Miami Worldcenter site. Miami Worldcenter’s retail plan reflects downtown Miami’s emergence as one of the country’s fastest-growing urban centers, home to a population that has doubled in size since 2000, with a streetscape that has become more pedestrian-friendly in recent years.
“Seeing PARAMOUNT at its midpoint just six months from top off is a stunning moment for our team underscoring the continued progress as we bring this extraordinary, landmark project to life,” said developer Dan Kodsi. “This announcement marks another major milestone for the project and in the evolution of downtown Miami. We have a lot of excited residents that we cannot wait to welcome.”
PARAMOUNT Miami Worldcenter is being developed by Dan Kodsi with Art Falcone and Nitin Motwani. PARAMOUNT Miami Worldcenter is the luxury residential condo tower that is part of the larger $2 billion, 30-acre Miami Worldcenter initiative that will transform Miami's urban core via world-class high-street retail concept with shopping, dining, entertainment, hospitality, office space, a Marriott Marquis Miami Worldcenter Hotel & Expo Center, apartment rentals, amongst others.
PARAMOUNT Miami WorldCenter Reveals Collection of Ultra-Luxury Poolside Cabanas
PARAMOUNT Miami WorldCenter has revealed their luxurious poolside cabanas which will be one of the staples of their amenity deck, which will be the largest amenity deck in the United States. Cabanas will start at $295,000 and will range up to $350,000.
PARAMOUNT Miami WorldCenter has revealed their luxurious poolside cabanas which will be one of the staples of their amenity deck, which will be the largest amenity deck in the United States. Cabanas will start at $295,000 and will range up to $350,000. There will be 26 cabanas in all which are located on the main amenity deck, 90' above ground level. Cabanas will be 227 SF each and will feature air conditioning, entertainment area, bar, bathroom, shower and rooftop terrace.
"There is nothing else like this in the world. We have created the only poolside bungalows in Downtown Miami to take your residential experience to the next level," said Dan Kodsi, the developer behind PARAMOUNT Miami WorldCenter.
In all, PARAMOUNT Worldcenter features more than 40 amenities including resort style pool complete with floating pods, tennis courts, soccer pitch, boxing studio, basketball court, golf simulator, state-of-the-art fitness center, Sky Observatory, Tai Chi deck, and a rooftop entertainment deck 60 stories above the Miami skyline.
The Real Entry of the Multimillion-Dollar, Ultra-Luxury Condo to Downtown Miami
In the past 10 years, Downtown Miami has seen a mere 152 closed condo sales over $1 million. The most expensive closing, a 4 bedroom unit in Marquis Residences which sold for $4.2 million, followed by a 3 bedroom unit sale at Epic Residences for $3425,000. The area is new and coming into its own with the opening of the American Airlines Arena, Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and the Phillip and most recently, the Patricia Frost Museum of Science. Now, Downtown Miami is ready to supplant itself as one of Miami's premiere neighborhoods and pricing to live in the area is set to rocket up. Great buildings such as Marquis Residences, Ten Museum Park, 900 Biscayne, Marina Blue and Epic Residences, amongst others, already feature closings that have eclipsed the $1 million mark; but, a selection of new buildings including the ultra luxury One Thousand Museum, Aston Martin Residences, and PARAMOUNT Miami Worldcenter are going to quickly escalate that number.
One Thousand Museum
One Thousand Museum is a true architectural masterpiece. Zaha Hadid's last residential tower, the building is truly is a class of its own. The building is ultra-luxury, featuring a mere 83 units on land that is zoned for up to 550 units. Residences part of a limited collection of "museum-quality homes" that offer "an unprecedented level of service and amenities." Pricing firmly supplants the building for the elite as units range from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. The smallest unit in the entire building is a half-floor. The residence's floor plans offer "east to west" flow-through layouts, 12-foot ceilings, oversized terraces, private elevators, an 86' long great room, media den, family room, custom Italian Kitchens by Poliform, Gaggenau appliances, Poliform closets, Apure interior lighting, Crestron smart home innovation and exclusive interiors by Zaha Hadid.Amenities include a state-of-the-art fitness center, full-service spa, beautifully landscaped pool deck, private theater, sky lounge and art gallery. Tour the full floor, $20.7 Million Unit 5201.
Aston Martin Residences
Aston Martin Residences will truly be a building for the luxury enthusiast. This exciting project is located in the second lot on the Miami River, next to Epic Residences and One Miami. Units are extremely pricey, starting at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building, and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan. The tower's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. Sales just launched (Summer 2017) and it is reported that pre-sales already exceed $100 million in Aston Martin's first branded residential tower. Tour their newly opened, multimillion-dollar sales center.
PARAMOUNT Miami Worldcenter
PARAMOUNT Miami Worldcenter is the largest building and community of the three, and will be the luxury residential centerpiece of the larger Miami Worldcenter initiative. PARAMOUNT Miami Worldcenter rise 60 stories and features 513 condominium units along with 450K SF of retail space and easy access to Miami Worldcenter, which will feature a plethora of retail, dining, entertainment, office space, etc. on their high-street retail concept. For those that want to live in the center of it all in unparalleled luxury, PARAMOUNT Miami Worldcenter offers their Penthouse Collection, 26 exclusive penthouse residences. The penthouses will consist of 18 large single-story residences and 8 two-story duplex residences. Penthouse Residences will range in size from 3,500 SF - 6,000 SF and come in 4 and 5 bedroom layouts; additionally, penthouse residences will range in price from $3.5 to $9.5 million. Penthouses will feature panoramic views, private elevator access, 10-foot ceilings, European kitchens and bathrooms complete with rain showers and spa tubs, as well as larger entertainment spaces. Residences also include chef's kitchens including 12-foot islands and the highest quality Gaggenau appliances including a full-size wine cooler and premium induction cooktops. The penthouses will be part of the tower’s four-level Skydeck, which is designed to look like the helm of a magnificent Italian super yacht and will feature its own sky view lounge, sunrise pool, observatory, infinity pool, sundeck and Tai Chi deck. Check-out the unveiling of the 26 Exclusive "Penthouse Collection" Residences.
PARAMOUNT Miami Worldcenter Unveils Penthouse Collection Featuring 26 Exclusive Residences
PARAMOUNT Miami Worldcenter has unveiled their penthouse collection of 26 exclusive penthouses. The penthouses will be located in the circular upper core of the 60-story skyrise and will consist of 18 large single-story residences and 8 two-story duplex residences ranging in price from $3.5 to $9.5 million. The tower’s core will feature penthouse residences ranging between 3,500 and over 6,000 SF in layouts consisting of four and five bedroom residences. 2 select duplex penthouses will be located on the 54th floor with another 2 premier duplexes will be located on the 55th and 57th floors. The penthouses will be part of the tower’s four-level Skydeck, which is designed to look like the helm of a magnificent Italian super yacht. The Skydeck will feature its own sky view lounge, sunrise pool, observatory, infinity pool, sundeck and Tai Chi deck. Penthouses will feature panoramic views, private elevator access, 10-foot ceilings, European kitchens and bathrooms complete with rain showers and spa tubs, as well as larger entertainment spaces. Residences also include chef's kitchens including 12-foot islands and the highest quality Gaggenau appliances including a full-size wine cooler and premium induction cooktops.
“The Penthouse Collection Series is yet another testament to the new dimension PARAMOUNT Miami Worldcenter is introducing to the market,” said developer Daniel Kodsi. “A true rarity, our penthouse residents will enjoy expansive floorplans and oversized, outdoor living rooms, designed to feel like a true single family home in the sky with sweeping 180 degree views and all of the benefits of our urban location and unmatched amenity offerings.”
Check-out our PROFILE Exclusive Interview with Dan Kodsi, the developer of PARAMOUNT Miami Worldcenter as well as our coverage of the release of the PARAMOUNT Miami Worldcenter Guest Suite Collection.
PARAMOUNT Miami Worldcenter Releases Renderings of Guest Suites
PARAMOUNT Miami Worldcenter has released renderings of their guest suite collection. There are 30 suites in all and they are for exclusive use by PARAMOUNT Miami Worldcenter owners. Suites range from studio, one-bedroom and two-bedroom layouts with sizes ranging from 530 SF to 1,200 SF. The accommodations can be used for visiting friends and relatives and helps enhance residents standard of living when guests come to town. PARAMOUNT Miami Worldcenter is now over 60% sold with over $300 million in sales. The 513 luxury-condo residential tower is expected to be delivered Q1 2019. PARAMOUNT Miami Worldcenter is being developed by Dan Kodsi with Art Falcone and Nitin Motwani. PARAMOUNT Miami Worldcenter is the luxury residential condo tower that is part of the larger Miami Worldcenter initiative that includes a high-street retail concept with shopping, dining, entertainment, office space, a Marriott Marquis Miami Worldcenter Hotel & Expo Center, apartment rentals, amongst others.
Check-out our PROFILE Exclusive Interview with Dan Kodsi, the developer of PARAMOUNT Miami Worldcenter.
Ytech has unveiled 75 Broadway in Brickell: a 52-story collection of 106 homes from $3 million, designed by KPF with ACPV interiors and Enea landscapes. Completion is anticipated in late 2029.