Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

Don’t miss out on this rare opportunity to own a true trophy penthouse at Paramount Bay offering breathtaking panoramic views of Biscayne Bay, the Atlantic Ocean, & the Miami skyline. This expansive residence features an exceptional indoor-outdoor lifestyle w/more than 2,200 SF of terrace, ideal for entertaining & sunset dining. It has been extensively renovated with a modern, elevated design, featuring 10 ft floor-to-ceiling glass, linear diffusers, dropped & lit ceilings, & seamless flow. The sleek modern kitchen showcases oversized Sub-Zero refrigerator/freezer, full size wine fridge, 2 Wolf ovens, built-in coffee maker, island top Wolf range, & custom cabinets open to generous living & entertaining spaces flooded w/natural light. The primary suite is a spa-like retreat with stunning water views, walk-in closet, luxurious ceiling mounted rainfall shower, soaking tub, & dual vanity. A private rooftop terrace with a built in plunge pool, pergola, and outdoor kitchen sets this residence apart as one of the most luxurious penthouses in Miami. Resort quality amenities include 2 pools w/towel service, whirlpool, cabanas, & BBQs; fitness center w/weights, cardio, pilates reformer equipment, instructors, massage, steam room, & sauna; kid/teen rooms; billiards; banquet rooms; conference rooms; & comprehensive onsite staff, front desk services, maintenance, & valet parking. Enjoy close proximity to Margaret Pace Park, Design District, Wynwood, & Miami Beach!