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650 NE 32nd St # 2205, Miami FL 33137

Condo/Co-op For Sale
$899,000

BTC: 14.04687500

ETH: 499.44444444

110 days
Waterfront
2 bds
3 ba
1,151 sqft

Overview

Live or invest in one of Miami’s most dynamic waterfront communities — Paraiso Bay in Edgewater. This elegant 2BD/3BA residence features direct Biscayne Bay views, a private elevator foyer, and an expansive terrace ideal for outdoor living and entertaining. Currently leased through Nov 2026, offering immediate income plus strong long-term appreciation potential. Paraiso Bay delivers a true resort lifestyle with a stunning beach-entry pool overlooking the bay, full-service spa, state-of-the-art fitness center, tennis courts, bowling alley, private club rooms, and an on-site café. The community includes a scenic baywalk, waterfront dining at Amara, boutique retail, and lush parks with children’s and pet areas. Perfectly situated minutes from Miami Design District, Wynwood, Midtown, and Brickell, Paraiso Bay blends privacy, convenience, and sophistication. Whether you’re seeking a luxury primary residence, seasonal retreat, or high-performing investment property, this opportunity offers it all. Motivated Seller! Currently Leased until Nov 2026.

Location

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

Details

Type:
Residential
Parking:
1 Space / Assigned / Valet
Year Built:
2018
Lot:
No Data
Heating:
Central
Price/sqft:
$781
Cooling:
Central Air
HOA:
$1,636

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,000
$599K – $1.1M
Confidence Low
List vs. estimate
$100K above estimate
List $899,000 · +12.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$781
+38.4% vs. city median $564
Based on
1026 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $667K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,344
2025
HOA
$1,636/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    Other interior features

    • Cooking Island

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Assigned

    • Valet

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-093-2040

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,636

    • HOA Frequency: Monthly

    • Annual tax amount: $14,344

  • Source details

    • MLS ID: A11961912

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1151

    • Subdivision Name: PARAISO BAY 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
632
median $819K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Condo/Co-op
6,436
median $499K
Active
Similar price
$629K – $1.2M
2,919
median $799K
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: Douglas Elliman