Paramount Bay

One Thousand Group is the developer behind Paramount Bay, a waterfront condominium completed in Miami in 2009. The firm delivered this residential high-rise on North Bayshore Drive; buyers seeking a fuller picture of the company's broader portfolio should confirm details directly.

Because Paramount Bay is a completed condominium rather than a pre-construction release, purchases here typically move through the resale market. That means you can tour actual units, review the building's condominium documents, and understand its finances before making an offer.

In Florida, buyers of new condominium units from a developer are generally entitled to a 15-day rescission period under FS 718.503, which allows cancellation of a contract within that window. This statutory right applies to developer sales of new condos; resale purchases in an existing building follow the standard Florida real estate contract process instead.

For any purchase, review the condominium's declaration, bylaws, budget, and reserve details carefully. Working with a licensed Florida real estate professional will help you confirm current availability, association dues, and closing terms specific to your unit.