Downtown Miami · Inside Miami Worldcenter

Paramount Miami Worldcenter

Resale in the residential tower that anchors Miami Worldcenter. Live inventory —for sale and for rent—, how value reads by line and floor, and the buying process for the foreign investor.

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60floors
569residences
2019delivered
33132Downtown Miami

Paramount Miami Worldcenter is the residential tower that anchors the heart of Miami Worldcenter, one of the largest urban developments in the United States. Delivered in 2019 in the heart of Downtown, it pairs roughly 569 residences over one of the most extensive amenity decks of any condominium in the country with the street-level life of a mega-project of retail, hospitality and office. It is a finished asset, with a resale and rental market of its own.

The tower rises about 60 floors, developed by Royal Palm Companies —Daniel Kodsi's group— alongside Miami Worldcenter Associates, with architecture by Elkus Manfredi. Its most talked-about feature is the nearly five-acre amenity deck: the first outdoor soccer field atop a residential tower in the country, a jam room with a recording studio, an observatory, a boxing studio, a golf simulator, tennis and racquetball courts, two resort-style pools, a spa and a fitness center.

For today's buyer what matters is not the amenity brochure but the secondary market: which units owners are reselling, at what price per square foot, and what the building offers for rent. This page orders that —live inventory for sale and for rent, how to read value, and the buying process— so you reach the offer with judgment.

What makes the building different

Paramount's value is not just the address: it is living inside an urban mega-development with an amenity deck that is hard to match. Among what defines the experience:

The differentiator · Live MLS

Live building inventory

These are the units available for sale RIGHT NOW, filtered to the building on the MLS. The list updates on its own. Each card opens the full MLS detail with photos and data.

Inventory provided by the MLS through MIAMInmobiliario's IDX platform, with its notices and terms. If you see no units, there is currently nothing listed on the MLS for that filter: leave your details and we'll alert you the moment one comes up.

How the value reads: view, floor and line

In a one-of-a-kind building, two units of the same size can be worth very different amounts. Three variables explain almost the entire price difference:

The view

Not every line is worth the same. East-facing residences —Biscayne Bay and the port— command the premium; those facing west, toward the city, trade below. Floor matters too: the higher you go, the cleaner the view above the neighboring Worldcenter towers. Before comparing prices, you have to compare line, floor and exposure.

The floor

Price per square foot rises with height: more light, less obstruction and, on the high floors, the best view. The value jump between the mid-rise and the upper floors is usually larger than the square footage suggests.

The line

Each line —the stack of units sharing a position on the floor plate— has its own terrace and exposure. Knowing which line you're looking at, and its resale equivalent, is the difference between paying market and overpaying. This is where an advisor who knows the building adds real value.

Want us to compare the available lines and floors against your objective?

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The resale thesis

Buying in resale, rather than preconstruction, changes the risk profile. Construction and delivery risk disappear: the tower is built, the amenities operate and the unit is physical. In exchange, you compete for available inventory and the price already carries the finished-product premium and that of a mega-development still being completed around it.

The right question is not whether Paramount is good —it is— but whether the specific unit is well bought: price per square foot against the building's recent sales, the quality of the line and floor, and the margin against what that unit would ask in rent. For the investor dollarizing into urban product in the center of Miami, with rental liquidity and an amenity deck that is hard to replicate, a well-chosen unit combines location, service and an active resale market.

Paramount is one piece of the Downtown being rewritten around Miami Worldcenter; to see how the Downtown Miami market moves and compare it against other downtown towers, browse all residential inventory for sale on the hub.

Buying process for the foreign buyer

You need no visa, residency or citizenship to buy in Miami. What's worth understanding before you make an offer:

Structure: in your name or through an LLC

In your personal name there is exposure to U.S. estate tax —an exemption of only US$60,000 for non-residents— which is why many foreign buyers acquire through a Florida LLC, sometimes with a holding company above. It is not always worth it: it depends on the amount, the use and your estate. Define it with your accountant before closing, and it helps to first understand buying in Miami as a foreigner.

Financing: the non-resident does qualify

You can buy all-cash or with a foreign national loan —typically 30%–40% down, a slightly higher rate and documentation your bank or accountant can assemble—. Many buy cash and weigh refinancing later.

FIRPTA: the withholding when the seller is foreign

In resale, many sellers are also foreign. FIRPTA requires the buyer to withhold a percentage of the price (typically 15%) toward the seller's tax. It costs you nothing as the buyer, but it affects closing and is a negotiating lever best handled with the closing agent.

Price trend and recent sales

Coming soon

We're integrating the price-per-square-foot trend and the building's recent closed sales straight from the MLS. In the meantime, the active inventory above already shows current pricing.

Frequently asked questions

Can you buy resale at Paramount Miami Worldcenter? Yes. The tower delivered in 2019 and there is an active secondary market of owners reselling, plus units for rent. Available inventory shows live above.

How much does a unit cost? It depends on the line, floor, view and size —from studios and one- and two-bedroom units to penthouses—. Current pricing is in the live inventory, not a fixed number.

Can a foreigner buy? Yes — no visa or citizenship, all-cash or with non-resident financing, and often through a Florida LLC.

Is it good for renting? Its Downtown location inside Miami Worldcenter makes a unit easy to rent. The rental inventory above gives you a real reference of rents before you buy.

See all of Miami's inventory

This building is one piece of the map. The full Miami resale inventory —and the preconstruction projects— lives on the hub.

See the full inventory at miaminmobiliario.com →

Let's talk about Paramount

We compare the available lines and floors against your objective, alert you to every new unit, and walk you through closing. Independent advisory, no obligation.

Trademark notice. This is an independent site operated by Carlos Balart, a licensed Florida real estate broker (MIAMInmobiliario). We are not affiliated with, authorized, sponsored or endorsed by Paramount Miami Worldcenter, Royal Palm Companies, Miami Worldcenter Associates, or the condominium's owners association. "Paramount Miami Worldcenter" is a trademark of its owner and is used here solely for descriptive and reference purposes, to identify the building whose resale and rental units are marketed through the MLS. We use no logos or brand materials. This page is informational and does not replace specific legal, tax or financial advice. Equal Housing Opportunity. Imágenes del edificio: © Phillip Pessar / Wikimedia Commons (CC BY 2.0).