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Success: Nearly All Units Closed At Paraiso Bay, Closings To Begin At Bayviews

Success: Nearly All Units Closed At Paraiso Bay, Closings To Begin At Bayviews

In just three months almost every unit at the first Paraiso Bay tower has been closed on. Now, closings will begin at the second tower, Paraiso Bayviews.

In total, 345 condos were built at the first Paraiso Bay tower, which sold out long ago. As of last week, at least 335 buyers have closed on their units, according to county records (the records usually lag).

Closings at Paraiso Bay started in April.

A second tower, Paraiso Bayviews, will begin closings on July 16. Construction on that tower started in July 2015.

The third and fourth towers, One Paraiso and GranParaiso, are both scheduled to begin closings by the end of year.

Between all four towers at the Paraiso District, there are 1,341 condo units at Paraiso, the biggest ever project for developer Related Group. More than 97 percent of units have already been sold.

 

paraiso bay unit 5201/5202 with 4,210 square feet, listed for sale at $3.7m:

amenity space:

(photos: mls)

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Anonymous
Anonymous

The back of these buildings still look horrible.

This is Jorge Perez’s middle finger to Midtown

Anonymous
Anonymous

3.7 mm for this narrow kitchen/living area??? Am I missing something?

Anonymous
Anonymous

Yeah, you’re missing the money to pay for it.

Anonymous
Anonymous

Yeah and while I like the idea of having the glass enclosed bathroom bathing area bathroom, the execution is pretty weak. unless im missing something in the images

Gene
Gene

Agreed. The photos are not a strong sell for this unit. Kitchen looks small and not appropriate for an apt like this. Glass panels are an accident waiting to happen.
Not doing it for me.

mondocondo
mondocondo

You’re not missing anything; it is. Privacy. Cheers.

Gene
Gene

The maids quarters…………..

Anon
Anon

Ugly unit, i’d imagine this will be on the market a while.

Anonymous
Anonymous

That’s 300 more people who can go to the new casino across the street!!!!!

Gene
Gene

I knew somebody would write this – congrats.

mondocondo
mondocondo

They’re already at the casino. Cheers

Anonymous
Anonymous

Jorge acts like he cares about the city when it comes to gambling but some of his projects like this one have no connection with the rest of the city and he ignores that Mana is just sitting on real estate and being a slum lord.

Miami Hurricane
Miami Hurricane

In the last cycle, Related did amazing things building out Brickell. This cycle, they have had some great projects, especially in this area. But they could have been going head to head with the Melos to build out downtown rather than stringing it out.

Anonymous but you can call me Mike
Anonymous but you can call me Mike

That is a kitchen of a studio, not a $3.7M apartment! What a joke…

Anonymous
Anonymous

Having surveyed a lot of these new Related buildings that have completed construction over the last 2 years, it’s the same story. Generic finishes, VERY narrow rooms, almost zero storage, tiny closets, and bland architecture. You have to be nuts to pay this kind of money for this but a sucker’s born every minute.

Anonymous
Anonymous

Great, now revive Auberge instead of complaining about casinos and developers disrupting your precious monopoly, Related/Perez.

Anonymous
Anonymous

the whole thing looks more like an Ifierno than a Paraiso to me!!!