$5,650,000
4 Bed · 4.5 Bath · 4,055 Sq Ft
Private elevator penthouse, 4 balconies, designer finishes, 4,055 SF
4
Beds
4.5
Baths
4,055
Sq Ft
2010
Built
Perched on the 47th floor of Paramount Bay, PH4702 offers a rare combination of scale, privacy and panoramic water-to-skyline views. Enter through a private elevator that opens into a gracious foyer and immediately reveals walls of glass framing Biscayne Bay, Miami Beach and the downtown skyline. At 4,055 square feet this penthouse matches the largest layouts in the building while feeling profoundly intimate thanks to thoughtful designer touches and high-end custom finishes.
The home is arranged with an elegant split-bedroom plan: generous public rooms occupy the central spine, where living and dining spaces flow toward multiple private balconies—four separate terraces optimized for comfortable year-round outdoor living rather than oversized, exposed decks. Large-format glazing and unobstructed sightlines make every room an observation point; inside, refined custom wall coverings, warm millwork, and bespoke details distinguish this residence from typical high-rise offerings.
The primary suite is a true retreat with sweeping water views, expansive closets and a spa-style bath. Three additional bedrooms include an independent fourth room ideally suited for in-law accommodations, staff quarters or a private office. The residence includes 4.5 baths, generous storage and finish selections specified by a recognized luxury interior designer.
Life at Paramount Bay extends beyond the apartment: a premier waterfront address with resort-style amenities and service-minded building staff. The penthouse’s orientation and proportioned balconies provide sunrise and sunset panoramas without the maintenance burdens of larger terraces, delivering an effortless indoor–outdoor lifestyle. For buyers seeking a turnkey, high-floor expression of Miami living—where privacy, views and designer detail matter—PH4702 is an exceptional and immediately livable offering.
Situated on N Bayshore Drive with sweeping water vistas, this location delivers direct connection to Miami’s waterfront lifestyle while remaining minutes from the city’s cultural and dining corridors. Residents enjoy easy access to bayfront promenades and boating facilities, with quick drives to downtown, Design District and Miami Beach. The neighborhood blends high-rise residential living with waterfront leisure — attractive to buyers who want cosmopolitan energy and scenic respite in equal measure.
This listing sits at the high end of Miami’s luxury condo market, where inventory is typically tighter and pricing power favors well-located, well-appointed residences. The broker list price of $5,650,000 aligns with the valuation midpoint in available analytics, with an estimated price-per-square-foot in the neighborhood consistent with premium waterfront offerings. For upscale condominiums like Paramount Bay, demand is driven by buyers seeking turnkey high-floor product, privacy and sweeping water views—features that support resilience in pricing even when broader market activity softens. While exact days-on-market and inventory figures for this unit’s micro-neighborhood are not provided here, luxury buyers should note that properly positioned penthouses often command concentrated interest and can sell competitively when marketed to both domestic and international buyers. For sellers, the combination of private vertical entry, designer upgrades and true 360° exposures creates a distinct positioning advantage; for buyers, this moment is an opportunity to acquire a rare top-floor plan in a full-amenity waterfront building at a clear market price point.
Excellent waterfront recreation: immediate access to bayfront promenades, parks and boating; paddleboarding and jogging opportunities nearby, with community recreation amenities within the building.
Low
$5424K
Midpoint
$5650K
High
$5876K
$1393/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Situated on N Bayshore Drive with sweeping water vistas, this location delivers direct connection to Miami’s waterfront lifestyle while remaining minutes from the city’s cultural and dining corridors. Residents enjoy easy access to bayfront promenades and boating facilities, with quick drives to downtown, Design District and Miami Beach. The neighborhood blends high-rise residential living with waterfront leisure — attractive to buyers who want cosmopolitan energy and scenic respite in equal measure.
Market data is based on aggregated public records and may not reflect real-time conditions.
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