More information about the upcoming Paramount Miami condo project have been released. The project is also known as The Miami Worldcenter Signature Tower.
The condos are being positioned as a luxury product, with features that include ten-foot ceilings and private elevators.
Reservations for the 466 units are expected to begin later this month, with conversion into contract by the end of the year. A 10% down payment will be required at reservation, with an additional 20% at contract.
Developers are planning to break ground on the 749-foot tower in March 2015, with a 30-month construction schedule. Buyers will need to put another 10% down at groundbreaking, and the final 10% deposit wil lbe due at top off.