Paraiso Bay

Edgewater's Master-Planned Bayfront Campus by Related Group + Arquitectonica

Paraiso isn't a single building. It's a four-tower private campus on roughly 5 bayfront acres in Edgewater, with 500-plus feet of Biscayne Bay frontage, conceived as one master-planned development by Related Group with Arquitectonica as architect on every tower. The campus delivered between 2017 and 2018 and remains the largest single-developer condo district built in Edgewater. The four towers, Paraiso Bay, Paraiso Bayviews, Gran Paraiso, and One Paraiso, share landscape, security, marina access, and the Amara at Paraiso restaurant by James Beard winner Michael Schwartz. Each tower carries a different signature interior designer, which is unusual for a single campus and worth understanding before you choose which building to buy in.

The Four Towers, Each with a Different Designer

The most distinctive thing about the Paraiso campus is that Related commissioned four separate signature interior designers across the four buildings. That's rare in a master-planned condo district where a single design language usually anchors the whole site. Here it produces four genuinely different interior experiences sharing the same landscape and the same architect's exterior vocabulary.

• Paraiso Bay: 650 NE 32nd St. 53 stories, ~350 residences, completed 2018. Interiors by Keith Hobbs of United Designers (London). The tower the campus is named for, with the most direct bay-and-marina-frontage residences. Twin tower paired with Gran Paraiso for shared amenities.
• Gran Paraiso: 480 NE 31st St. 54 stories, completed 2018. Interiors by Brazilian designer Patricia Anastassiadis (also known for 57 Ocean and the St. Regis brand work in Brazil). Twin-tower partner of Paraiso Bay; shares the 3-acre central amenity deck.
• Paraiso Bayviews: 501 NE 31st St. 44 stories, completed 2018. Interiors by Karim Rashid (Egyptian-Canadian, one of the most prolific contemporary product and interior designers). Smaller building with its own dedicated amenities, including a 44th-floor rooftop pool and a separate sunset pool.
• One Paraiso: 3131 NE 7th Ave. 53 stories, completed 2017. Interiors by Piero Lissoni (Milan). Restrained Italian-modernist vocabulary; double-height lobby; dedicated amenity stack rather than the shared deck.

If you have a specific designer in mind, a Lissoni-flavor minimalism vs. a Rashid-flavor color-and-curve vs. an Anastassiadis-flavor warm-Brazilian-modernism, the building you choose matters more here than at most Miami campuses.

Shared vs. Dedicated Amenities

The amenity layout is the second thing buyers commonly miss. Paraiso Bay and Gran Paraiso (the twin towers) share the central 3-acre amenity deck, the famous circular zero-entry heated swimming pool, the gardens, the tennis courts, the principal fitness pavilion, the children's playground, and the marina-side promenade are all common to those two buildings. Paraiso Bayviews and One Paraiso each have their own dedicated amenity programs, so a Bayviews owner uses the Bayviews 44th-floor rooftop pool and sunset pool but isn't paying into (or accessing) the main deck. One Paraiso similarly runs its own pool deck, fitness, and lounge.

This matters for HOA math: the per-square-foot HOA at Paraiso Bay and Gran Paraiso reflects the cost of operating a hotel-grade master amenity deck across two large towers, while Bayviews and One Paraiso carry their own smaller-amenity cost structures. Read the HOA budget before you commit on cost basis.

The Campus Programming Layer

What ties everything together is the master-planned site itself. Enzo Enea, the Swiss landscape architect best known for transplanting and curating mature trees, designed the site planting, including the cherry-blossom-style flowering trees that line the central walkway and the gardens that wrap each tower's base. The on-campus restaurant is Amara at Paraiso, helmed by James Beard Award-winning chef Michael Schwartz, drawing both residents and outside guests from the Edgewater and Design District orbit. There's a private marina with deep-water slips on Biscayne Bay, a baywalk that connects directly to the broader Edgewater bayfront promenade, and a 24-hour security perimeter that runs across all four towers.

This is one of the few Miami condo districts you can credibly call a "campus." The walking distances between buildings are short, the amenity stack is deep, and the brand consistency, same architect, same landscape architect, same security and management overlay, is unusually tight for the price tier.

Edgewater as a Neighborhood

Paraiso sits in Edgewater, the bayfront strip just north of downtown Miami and just south of the Miami Design District. Edgewater spent the 2010s rebranding from a sleepy older bayside corridor into a high-rise residential strip, and Paraiso was the largest single anchor of that transformation. From any unit here you're roughly five minutes by car to Wynwood, ten minutes to the Design District or Brickell, fifteen to the airport, twenty to South Beach. The Margaret Pace Park is two blocks south for off-leash dog access and tennis. Walkable dining has matured around 25th-29th Streets, coffee shops, neighborhood Italian, a couple of bars, but Edgewater still skews more residential than Wynwood or the Design District by intent.

Compared to the Brickell condo market where most luxury inventory faces the Miami River and the bay-from-the-south, Edgewater faces the bay east-west and gets the cleanest sunrise views in the urban Miami residential market.

Who Buys at Paraiso

The buyer mix here is dominated by international families using the units part-time, heavy Brazilian, Argentine, Mexican, and Venezuelan ownership, alongside Miami professionals working in the Design District, Wynwood tech offices, or downtown finance. The investment side has been thinner here than at hotel-amenity buildings like Icon Brickell because Paraiso doesn't have an integrated hotel rental program; short-term rentals are subject to each building's HOA rules and Edgewater's zoning, both of which are less permissive than some neighboring buildings. Long-term unfurnished and medium-term furnished are the predominant rental shapes if you're investing for income.

For families with children, the campus is one of the strongest options in central Miami: gated access, the on-site playground, the protected marina-side promenade, the proximity to MAST Academy and to private schools in the Design District/Edgewater corridor.

Position in the Edgewater Market

Paraiso is the priciest tier of Edgewater's existing condo stock, sitting above buildings like The Standard Residences Miami and Missoni Baia, comparable to Aria on the Bay on average pricing, and below the very top branded-residence tier. The pre-construction wave currently rising in Edgewater (Edition Residences Edgewater, Cipriani Residences across the bridge in Brickell, the new pipeline of branded towers) will eventually push the ceiling above where Paraiso sits today, but Paraiso's combination of completed construction, nine-figure track record, and four-designer interior variety remains an unusual offering. See the live statistics widget below for current per-square-foot pricing across the campus.

Due Diligence Notes

• Four separate condo associations, plus a master association handling the shared landscape, security, marina, and Amara restaurant easements. Read both your tower's HOA documents and the master.
• Paraiso Bay + Gran Paraiso share amenities: Bayviews and One Paraiso run their own. Map the amenity tier to the HOA you're committing to before it surprises you at closing.
• Marina slips are a separate purchase from residence ownership; ask about availability and lease vs. deed terms.
• Short-term rental rules vary by tower and HOA. Verify before assuming income; this campus skews more restrictive than Icon Brickell or comparable hotel-amenity buildings.
• SB 4-D status: all four buildings are 2017-2018 deliveries, comfortably inside the modern Florida Building Code reserve regime, structural-reserve exposure is materially smaller than at older Edgewater stock.
• Floor plan PDFs for the campus are attached to this page where available, check the documents widget below.

Tools to Run the Numbers

For an Edgewater-specific affordability and total-cost analysis, run a current Paraiso scenario through our mortgage affordability calculator with the live Freddie Mac PMMS rate and Miami-Dade millage rates pre-loaded. The Florida property tax calculator covers homestead-vs-non-homestead and Save Our Homes implications specifically. International buyers should review the foreign buyer guide for FIRPTA, deed-tax, and tax-treaty notes.