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Paramount Reaches 68% Sold After Strong Summer

The broker overseeing condo sales at Paramount Miami Worldcenter tells The Next Miami that sales have been strong this year,.

“We’ve continued to enjoy a very steady, consistent momentum at Paramount Miami Worldcenter, selling about 8-10 units each month,” said Peggy Fucci, CEO of Paramount’s sales and marketing firm OneWorld Properties.

“We had a phenomenal month in July, selling 15 units and August is also shaping up to be very strong for us.”

Paramount is planned to have 513 units. Fucci said that the project has reached 68% sold with $360 million in sales. Penthouse units have been selling for more than $1,000 per square foot, she said.

At the end of 2016, Paramount was said to have been 55% sold.

Buyers at Paramount come from more than 48 countries around the world, Fucci noted.

 

paramount 532 days into construction on august 17:

(photo: odp architects/instagram)

 

 

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19 Comments on "Paramount Reaches 68% Sold After Strong Summer"

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Anonymous
Anonymous

Nice progress so far.. waiting for the Marriott convention center to begin construction.

Anonymous
Anonymous

Same here – any word at all on this?

Anonymous
Anonymous

I bought here (to live) and move in day can’t be here soon enough! Love what’s going on here!!!

Jose Gabriel Realtor
Jose Gabriel Realtor

Great investment!!

Anonymous
Anonymous

This area will look amazing when all is built. Great investment!

Jesus
Jesus

I love this shot. It shows just how much more Miami will grow and it gets me wondering of how busy those streets will be soon.

suomynona
suomynona

Downtown streets will be awful.

Anonymous
Anonymous

How will that effect you, you don’t go downtown anyway.

Anonymous
Anonymous

Good news for all the investors in the area……

Marc305
Marc305

That is one beautiful sharp photo.

Anonymous
Anonymous

My math says 66 units so far in 2017. Good or bad?

Anonymous
Anonymous

Is paramoubt still on track for a Q4 completion date?

Anonymous
Anonymous

Q4 2019 I would guess. Plenty of time to sell the remaining units.

Anonymous
Anonymous

The prospect of this future DENSITY gives me a woody !

Anonymous
Anonymous

sounds like the post a couple of weeks about Flatiron….”sales going great” only to find out 2 weeks later that Cervera is going to be replaced by Fortune…uhhh???

Anonymous
Anonymous

LOL typical developer script

Anonymous
Anonymous

Subtract 15-20 off that and you’ll have the real number

Anonymous
Anonymous

Still decent considering the market I think. If they sell 75-80% by opening date then the rest can be rented and sold later on.

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