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501 NE 31st St # 3504, Miami FL 33137

Condo/Co-op For Sale
$449,000

BTC: 7.01562500

ETH: 235.98789051

New
Waterfront
1 bds
1 ba
610 sqft

Overview

Turnkey 1-bedroom, 1.5-bathroom residence on a high floor in one of Paraiso Bay Views' best water-view lines. Floor-to-ceiling, high-impact glass and open water views, offered fully furnished and move-in ready. A dedicated home-office area off the entry fits a desk and workstation and a renovated powder room. Upgraded vinyl flooring runs throughout, with wood deck tiles on the private balcony. Priced to sell: the most competitive price among high-rise floors with stunning water views. Building amenities include rooftop and sunset pools, lighted tennis and paddle courts, a fitness center, spa and sauna, theater, billiards and game room, playroom, and barbecue areas, with 24-hour doorman security, a secured garage, and valet parking. Minutes from Midtown, the Design District, and Wynwood, with Publix, Whole Foods, Trader Joe's, and dining nearby, easy access to Miami Beach, and about 15 minutes to Miami International Airport. Leasing is allowed at a 30-day minimum, up to 12 times per year, a fit for a primary residence, a seasonal retreat, or a second home with rental income.

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2018
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$736
Cooling:
Central Air / Electric
HOA:
$860

Valuation

Our model vs. what's actually selling nearby.
Estimate
$435,000
$285K – $580K
Confidence Low
List vs. estimate
$14K above estimate
List $449,000 · +3.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$736
+30.9% vs. city median $562
Based on
620 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $767K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,107
2025
HOA
$860/mo
View
Bay, Water View
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-096-1430

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $860

    • HOA Frequency: Monthly

    • Annual tax amount: $8,107

  • Source details

    • MLS ID: A12072181

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / High Impact Windows

    • Direction Faces: East

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 610

    • 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: Douglas Elliman