$1,800,000
SOLD OCT 7, 2024

One Paraiso 3131 NE 7th Ave Unit 4401 Miami, FL 33137

Edgewater Neighborhood
3 Beds
3.5 Baths
1,634 Sq Ft
$2,261/mo HOA Fee

Recently Sold

$1,102 Per Sq Ft

10% Below List Price

416 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Boat Dock
  • Fitness Center
  • 1-minute walk to Paraiso Park

About This Home

As of October 2024

Investor Only! Exquisite 3 Bedroom & 3.5 baths corner unit located in the One Paraiso. This unit features panoramic views of Biscayne Bay and Miami Beach, private elevator access and foyer entrance, 9-foot high ceilings, floor-to-ceiling windows, custom European cabinetry, Sub-Zero & Wolf appliances, Italian porcelain floors, and custom closets & black out shades. One Paraiso offers resort-like amenities include: two Olympic size pools, hot tub, fitness center, spinning room, yoga room, spa, steam room, sauna, party room, business center, children's playroom, library, two tennis courts, and more! Maintenance includes water, cable&internet, and 1 parking space on 2nd fl. It is centrally located and closed to restaurants, grocery stores, museums, Design District, Wynwood, and Downtown.

Last Agent to Sell the Property

Wen Jun Lin

Imperial Home Realty, LLC. License #3402352 Listed on: 08/16/2023

Last Buyer's Agent

Adriana Oliveros

Miami Residential Group License #3048696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,142

Year Built

  • Built in 2018

Lot Details

  • East Facing Home

HOA Fees

  • $2,261 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,634 Sq Ft Home
  • Blinds
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Additional Features

  • Dock Available
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-095-0390

Community Details

Overview

  • 276 Units
  • High-Rise Condominium
  • One Paraiso Condo
  • One Paraiso Condo Subdivision
  • 53-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,142

Year Built

Built in 2018

Lot Details

0

HOA Fees

$2,261 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 44
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ONE PARAISO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1634
  • Possible Use: Investment
  • Stories: 53
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Tub
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay
  • Exterior Features: Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ONE PARAISO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 2261
  • Amenities: Barbecue, Boat Dock, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Kitchen Facilities, Library, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-095-0390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 276

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 26142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 7, 2024
Sold by
R2w Llc
Bought by
Galefin Re Inc
Seller's Agent
Wen Jun Lin
Imperial Home Realty, LLC.
Buyer's Agent
Adriana Oliveros
Miami Residential Group
List Price
$1,990,000
Sold Price
$1,800,000
Premium/Discount to List
-$190,000
-9.55%
Views
86
Current Estimated Value
$1,784,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,159
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Thirty First Street Property Owner Llc
Bought by
R2w Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,800,000 None Listed On Document
Special Warranty Deed $1,508,900 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $1,800,000 0.0% $1,102 / Sq Ft
06/25/2024 06/25/24 Rented $10,000 -9.1% --
06/19/2024 06/19/24 Under Contract -- -- --
05/08/2024 05/08/24 For Rent $11,000 0.0% --
05/08/2024 05/08/24 Price Changed $1,850,000 -7.0% $1,132 / Sq Ft
04/01/2024 04/01/24 For Sale $1,990,000 +10.6% $1,218 / Sq Ft
03/31/2024 03/31/24 Off Market $1,800,000 -- --
08/17/2023 08/17/23 For Sale $1,990,000 0.0% $1,218 / Sq Ft
08/30/2022 08/30/22 Rented $9,700 -11.8% --
08/02/2022 08/02/22 Under Contract -- -- --
06/16/2022 06/16/22 For Rent $11,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,776 $1,506,510 -- --
2024 $30,544 $1,534,423 -- --
2023 $30,544 $1,394,930 $0 $0
2022 $26,143 $1,268,119 $0 $0
2021 $25,660 $1,207,732 $0 $0
2020 $23,817 $1,118,270 $0 $0
2019 $27,126 $1,270,761 $0 $0
2018 $1,125 $70,080 $0 $0
2017 $1,083 $41,751 $0 $0
2016 $1,064 $37,956 $0 $0
2015 $767 $34,506 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wen Jun Lin

    Seller's Agent in 2024

    Wen Jun Lin

    Imperial Home Realty, LLC.

    (786) 376-3093

    2 in this area

    42 Total Sales

    Wen Jun Lin
    Section Image
  • Carlos Uribe

    Buyer's Agent in 2024

    Carlos Uribe

    Miami Portfolio Collection

    (305) 761-7669

    2 in this area

    33 Total Sales

    Carlos Uribe
    Section Image
  • Adriana Oliveros

    Buyer's Agent in 2024

    Adriana Oliveros

    Miami Residential Group

    (305) 647-2663

    1 in this area

    4 Total Sales

    Adriana Oliveros
    Section Image
  • Joelle Oiknine

    Buyer's Agent in 2022

    Joelle Oiknine

    One Sotheby's International Realty

    (305) 491-1885

    2 in this area

    59 Total Sales

    Joelle Oiknine
    Section Image
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About One Paraiso

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434044

MIAMI REALTORS® MLS

APN: 01-3230-095-0390

Florida Miami/Dade County Miami 33137 Edgewater

3131 NE 7th Ave Unit 4401, Miami, FL

This home is located at 3131 NE 7th Ave Unit 4401, Miami, FL 33137 and is currently priced at $1,800,000, approximately $1,101 per square foot. This property was built in 2018. 3131 NE 7th Ave Unit 4401 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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