501 NE 31st St # 601, Miami FL 33137

Condo/Co-op For Sale

$698,750

BTC: 9.04882155

ETH: 285.32053900

82 days

For Sale

Condo/Co-op

3 bds •

2 ba •

1,110 sqft

Overview

Exceptional opportunity to own a beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light. Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz. Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. Bank-owned property priced to sell.

Location

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

Details

Type:

Residential

Parking:

1 Space

Year Built:

2018

Lot:

No Data

Heating:

Electric

Price/sqft:

$630

Cooling:

Electric

HOA:

$1,544

Type:

Residential

Parking:

1 Space

Year Built:

2018

Lot:

No Data

Heating:

Electric

Price/sqft:

$630

Cooling:

Electric

HOA:

$1,544

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$775,000

$559K – $1.1M

Confidence Low

List vs. estimate

$76K below estimate

List $698,750 · -9.8%

Our model says this listing is priced below recent comparable activity. Expect competition.

Price per sq ft

$629

+11.1% vs. city median $566

Based on

1052 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $712K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$10,687

2025

HOA

$1,544/mo

View

Skyline

Garage

1 car garage

All facts and features

Heating

• Electric

Cooling

• Electric

Appliances

• Dishwasher

• Dryer

• Electric Water Heater

• Microwave

• Refrigerator

• Washer

Other interior features

• Lobby

• First Floor Entry

Bedrooms and bathrooms

• Bedrooms: 3

• Full bathrooms: 2
Parking

• 1 Space

Property

• Exterior Features: Barbeque

Other Property Information

• Parcel Number: 01-32-30-096-0040
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Other financial information

• HOA: $1,544

• HOA Frequency: Monthly

• Annual tax amount: $10,687
Source details

• MLS ID: A12032247

Other facts

• Construction Materials: Concrete Block Construction

• Architectural Style: High Rise

• Garage Spaces: 1

• Garage: Yes

• Living Area: 1110

• 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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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: Red Road Real Estate Florida

501 NE 31st St # 601, Miami FL 33137

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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Market around this address