Extending from the living room, an 8-foot terrace with glass railing is generous enough to accommodate a small party of guests.

Pace Picnic Island, the southernmost of Biscayne Bay's picnic islands, is visible from the terrace.

Margaret Pace Park, a short stroll from Paramount Bay and visible from the HGTV Urban Oasis 2012 terrace, offers basketball, tennis and volleyball courts, as well as soccer/football fields.

Bali-inspired furnishings comprise a cozy seating area. The poly resin "vine"-wrapped, ebonized lounge chairs and side table were chosen for their style and durability.