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501 NE 31st St # 3208, Miami FL 33137

Condo/Co-op For Sale
$675,000

BTC: 10.54687500

ETH: 354.77021402

120 days
Waterfront
2 bds
2 ba
1,084 sqft

Overview

Spacious 1,085 sq ft high-floor residence on the 32nd floor of a 46-story tower with spectacular water, bay, and skyline views at Paraiso Bayviews in the highly desirable Edgewater neighborhood. This sun-filled 2-bedroom, 2-bath + DEN unit features southwest exposure, offering beautiful natural light and sunset views over Biscayne Bay and the Miami skyline. A welcoming foyer entry leads to an open living and dining area with floor-to-ceiling glass and access to a large terrace—perfect for relaxing or entertaining while enjoying bay breezes & city views. The modern European-style kitchen features sleek cabinetry, quartz countertops, and premium appliances. A versatile den provides the ideal space for a home office, media room, or guest area. The split-bedroom layout offers privacy and comfort. The spacious primary suite includes a walk-in closet, an elegant ensuite bathroom, and access to its own private terrace. The 2nd bedroom is generously sized & located near the 2nd full bathroom. The unit also has a washer & dryer and 1 assigned parking space. Enjoy resort-style waterfront living with exceptional amenities boasting a 46th-floor rooftop pool with panoramic water & city views, and an additional 2nd pool deck on the 9th floor, together with a fitness center, sauna, theater room, game room, kids’ playroom, club room, tennis courts, 24-hour concierge & security. Prime location 10-15 minutes from the Design District, Midtown, Wynwood, Downtown, Brickell, and Miami Beach.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Parking-Under Building
Year Built:
2018
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$623
Cooling:
Central Air / Electric
HOA:
$1,558

Valuation

Our model vs. what's actually selling nearby.
Estimate
$749,000
$549K – $1.0M
Confidence Low
List vs. estimate
$74K below estimate
List $675,000 · -9.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$622
+11.5% vs. city median $558
Based on
1033 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $850K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,365
2025
HOA
$1,558/mo
View
Bay, Skyline
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Fire Sprinklers

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Parking-Under Building

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-096-2850

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,558

    • HOA Frequency: Monthly

    • Annual tax amount: $10,365

  • Source details

    • MLS ID: A11981257

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1084

    • Subdivision Name: PARAISO BAYVIEWS CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty