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501 NE 31st St # 2504, Miami FL 33137

Condo/Co-op For Sale
$479,000

BTC: 6.30263158

ETH: 191.60000000

New
Waterfront
1 bds
1 ba
610 sqft

Overview

25th-floor views of the Bay. Edgewater lifestyle. A flexible, updated space designed for how Miami lives today. Residence 2504 at Paraiso Bayviews is a bright 1-bedroom, 1.5-bath home with sweeping Biscayne Bay and Miami skyline views through floor-to-ceiling glass and from an expansive private balcony. The 610 SF residence features tile flooring, an open kitchen, a dedicated workspace/flex area with a view, in-unit washer and dryer, and a versatile living area with a Murphy bed for overnight guests. The private terrace, finished with outdoor carpeting, offers space to dine, lounge and take in the bay. Paraiso Bayviews offers resort-style amenities including multiple pools, rooftop sky deck, fitness center, spa and sauna, tennis, club and entertainment spaces, plus secure garage parking. Ideally positioned in Edgewater just minutes from Wynwood, Midtown, the Design District and Miami Beach.

Location

Florida • Miami • 33137 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
2018
Lot:
No Data
Heating:
Central
Price/sqft:
$785
Cooling:
Central Air
HOA:
$850

Valuation

Our model vs. what's actually selling nearby.
Estimate
$435,000
$285K – $585K
Confidence Low
List vs. estimate
$44K above estimate
List $479,000 · +10.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$785
+38.8% vs. city median $565
Based on
616 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $715K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,861
2025
HOA
$850/mo
View
Bay, Ocean View
Waterfront
Ocean Front
Garage
1 car garage
All facts and features

  • Flooring

    • Concrete

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Wall Oven

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-096-1330

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $850

    • HOA Frequency: Monthly

    • Annual tax amount: $7,861

  • Source details

    • MLS ID: A12081676

    Other facts

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 610

    • Subdivision Name: PARAISO BAYVIEWS CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33137
601
median $790K
Active
Same city
Miami
12,539
median $639K
Active
Same type
Condo/Co-op
6,610
median $495K
Active
Similar price
$335K – $622K
3,587
median $480K
Active

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: Compass Florida, LLC