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501 NE 31st St # 2904, Miami FL 33137

Condo/Co-op For Sale
$500,000

BTC: 6.57030223

ETH: 200.00000000

61 days
1 bds
1 ba
610 sqft

Overview

Bright and modern 1-bedroom, 1.5-bath residence at Paraiso Bayviews, offering luxury living with stunning water and Miami skyline views. This unfurnished condo features floor-to-ceiling glass windows and doors, 9-foot ceilings, porcelain tile flooring throughout, and a spacious private terrace perfect for relaxing and enjoying the view. The open-concept kitchen is equipped with Italian cabinetry, Bosch appliances, quartz countertops, and premium finishes. Additional features include roller shades, an in-unit washer and dryer, a guest powder room, and a private, assigned storage cage located within a secure, owner-access-only storage room. Designed by Arquitectónica with interiors by Karim Rashid, Paraiso Bayviews offers exceptional resort-style amenities, including a rooftop pool and sundeck, second pool on the fifth floor, state-of-the-art fitness center, spa, tennis and basketball courts, BBQ areas, club room, game room, theater, beach club access, and 24-hour attended lobby. Ideally located in the heart of Edgewater, just minutes from Wynwood, the Design District, Midtown, and Downtown Miami, this residence offers the perfect combination of comfort, convenience, and luxury in one of Miami’s most sought-after waterfront communities.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2018
Lot:
No Data
Heating:
Central
Price/sqft:
$820
Cooling:
Central Air
HOA:
$848

Valuation

Our model vs. what's actually selling nearby.
Estimate
$435,000
$285K – $585K
Confidence Low
List vs. estimate
$65K above estimate
List $500,000 · +14.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$819
+44.5% vs. city median $567
Based on
616 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $689K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,478
2025
HOA
$848/mo
View
Bay
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Walk-In Closet(s)

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-096-1370

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $848

    • HOA Frequency: Monthly

    • Annual tax amount: $7,478

  • Source details

    • MLS ID: A12038066

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / High Impact Windows / Impact Glass / Sliding

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 610

    • Subdivision Name: PARAISO BAYVIEWS CONDO,Paraiso Towers

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: PMG Residential LLC