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501 NE 31st St # 1701, Miami FL 33137

Condo/Co-op For Sale
$830,000

BTC: 12.96875000

ETH: 461.11111111

117 days
Waterfront
3 bds
2 ba
1,110 sqft

Overview

Experience refined waterfront living in this stunning 3-bedroom, 2-bath residence at Paraiso Bayviews, located on the 17th floor with breathtaking bay and skyline views from every angle. Perfectly positioned in the heart of Edgewater, just minutes from the Design District and Downtown Miami, this home offers both luxury and convenience. The spacious layout features soaring 9-foot ceilings, floor-to-ceiling glass, and a wraparound balcony ideal for enjoying Miami’s sunrises and sunsets. Residents enjoy a true resort-style lifestyle with multiple pools including a rooftop pool and sunset pool, tennis and paddle courts, BBQ areas, spa and wellness spaces, state-of-the-art fitness center, theater, children’s playroom, billiards room, valet parking, concierge, and 24-hour security. Cable and Internet included in the HOA. The unit also offers excellent rental flexibility, with approved 30-day rentals permitted up to 12 times per year, making it ideal for end-users and investors alike. Surrounded by upscale dining, entertainment, and art, this residence delivers the best of Miami’s luxury lifestyle.

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2018
Lot:
No Data
Heating:
Central
Price/sqft:
$748
Cooling:
Central Air
HOA:
$1,545

Valuation

Our model vs. what's actually selling nearby.
Estimate
$780,000
$560K – $1.1M
Confidence Low
List vs. estimate
$50K above estimate
List $830,000 · +6.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$747
+32.5% vs. city median $564
Based on
1025 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $697K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,995
2025
HOA
$1,545/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Lobby

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-096-0140

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,545

    • HOA Frequency: Monthly

    • Annual tax amount: $2,995

  • Source details

    • MLS ID: A11960745

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Deck / Open Balcony

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1110

    • 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: A & M Realty LLC